IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Advances in key fiscal expenditure to finance climate change

August 29, 2019
SANTIAGO, Chile – Advances on the basic elements to build a methodology that identifies public spending on climate change and produces information for decision makers, has been the main result of a regional workshop conducted by the Inter-American Development Bank (IDB) and the Ministry of Finance of Chile, in collaboration with regional and international institutions and with governments of Latin America and the Caribbean. 

MDB climate finance hit record high of $43.1 billion in 2018

June 13, 2019
An increase of over 22 percent on the previous year, boosting projects that help developing countries and emerging economies cut emissions and address climate risks – joint report.

Barranquilla, Colombia to host Foromic 2018

August 30, 2018
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Crime cost the country at least $1.2 billion in 2010

January 24, 2013
The cost of crimes against property and people in Uruguay in 2010 totaled at least $1.2 billion, which was equivalent to 3.1 percent of the country’s gross national product. This was the conclusion of a new study carried out at the country’s Economic Research Center by researchers Aboal Diego, Jorge Campanella, and Bibiana Lanzilotta, with the collaboration of Magdalena Dominguez and Maren Vairo.

With IDB support, Uruguay combats violent crime

September 04, 2012
A $5 million loan for a program targeting high-crime areas in Montevideo A $5 million loan from the Inter-American Development Bank (IDB) will help Uruguay deploy a program based on a comprehensive approach to reduce violent crime in its capital city, Montevideo. The program is aimed at increasing police effectiveness in preventing and solving crimes as well as at fostering the social reinsertion of at-risk youth.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

IDB Fund expands training and employment program for youth in Latin America and the Caribbean

March 17, 2010
When she became a mother at age 18, Claudia Delgado had to abandon school to care for her baby in Quito, Ecuador.  But eight years later, soccer changed her life.

Uruguay to expand laptop availability for students with IDB assistance

December 09, 2009
The Inter-American Development Bank approved a $6 million loan to support the consolidation at primary level and expansion into secondary education of Uruguay's Plan CEIBAL, which has provided students and teachers at all grammar schools with 380,000 portable computers.   The program will contribute to better primary education and learning outcomes for schoolchildren who received the mobile computers with Internet connectivity from the international One Laptop Per Child (OLPC) Foundation.  

IDB Annual Meeting concludes with countries vowing action on crisis

March 31, 2009
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.