FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

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.

IDB announces selected proposals of its "Bootcamps for Tech Fans” challenge

June 06, 2019
Fifty-seven proposals were submitted, and the entities selected will benefit people in Central America, Colombia, Mexico and Venezuela. IDB Lab, the IDB's innovation laboratory, has announced the two proposals selected to implement the best and most innovative Ready-to-Work Bootcamp models aimed at closing the skills gap of our future workforce in Latin America and the Caribbean, especially of people in vulnerable circumstances.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

IDB releases sustainability scorecard for private sector tourism projects

May 29, 2009
The Inter-American Development Bank today released a new Tourism Sustainability Scorecard, an interactive tool developed to ensure that the IDB’s investments in private sector tourism projects maximize social, economic, cultural and environmental benefits for local communities and destinations.

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.

IDB Annual Meeting agenda highlights - March 30

March 30, 2009
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.

IDB to start reviews for capital increases, boosting financing in short-term

March 30, 2009
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.

Korea and IDB: Finance up to $2 billion of projects and strengthen partnership on Green Growth

March 30, 2009
The Export-Import Bank of Korea and the Inter-American Development Bank (IDB) will sign a an agreement to co-finance public and private sector projects worth as much as $2 billion in the next three years in Latin America and the Caribbean. Kexim, as the Korean official export credit agency is known, and the IDB will work together to share information and identify and finance projects in infrastructure, information technology, trade finance and other areas. The accord will be signed in Medellín, Colombia, during the 50th Annual Meeting of the IDB’s Board of Governors.