Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

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.

Latin Americans express broad support for trade, survey shows

September 24, 2019
Support depends on how the information is framed, with important implications on public policies Latin Americans back more trade by big margins, though an innovative experiment finds support is fragile and may be swayed by information emphasizing negative consequences, according to a study by the Inter-American Development Bank.

IDB supports Uruguay’s investment, trade and innovation modernization program

September 12, 2019
The Bank approved a second operation under the deferred drawdown modality aimed at consolidating the country’s economic internationalization process The Inter-American Development Bank approved a $250 million loan to finance the second phase of Uruguay’s Investment, Trade and Innovation Framework Modernization Program. The overall objective of the program is to modernize the normative-institutional framework of investment, trade and innovation to consolidate the country’s international insertion process.

Hurricane Dorian: IDB provides $100 million in emergency funding line to The Bahamas

September 06, 2019
The Inter-American Development Bank will provide $100 million to help finance humanitarian and reconstruction efforts in The Bahamas, following widespread loss of life and destruction caused by Hurricane Dorian.

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. 

Ecuador will strengthen fiscal stability with IDB support

August 28, 2019
Ecuador will strengthen its fiscal stability framework by optimizing the ownership of public companies of the executive function with a loan of $75 million approved by the Inter-American Development Bank (IDB). This reform program aims to recalibrate the country's growth engines, acting as a catalyst for private sector development and improving the competitiveness of the economy for all its citizens.

Program to eliminate malaria in Mesoamerica identifies 183 active outbreaks

August 23, 2019
The Regional Initiative to Eliminate Malaria has presented today its first results to the heads of state and government of the region. The goal is for Central America countries, the Dominican Republic, Colombia and Mexico to be declared free of Malaria by 2022. The Regional Initiative to Eliminate Malaria (IREM in Spanish) presented today to the heads of state and government of Mesoamerica the first results of the joint efforts being waged since early 2019 to eliminate malaria from these countries by 2022.

Coding bootcamps as a response to the shortage of digital talent in Latin America

August 05, 2019
A new publication of the Inter-American Development Bank (IDB) entitled “Disrupting Talent: The Emergence of Coding Bootcamps and the Future of Digital Skills”, explores the potential of bootcamps as a fast and effective alternative to solve the shortage of digital talent in Latin America and the Caribbean.

Study analyzes challenges faced by Central America as it seeks sustainable development

July 19, 2019
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w