IDB report envisions devastating tourism shocks to Latin America and the Caribbean

July 01, 2020
GDP declines relative to pre-crisis baseline scenarios of up to 19 percent. The study is also included in the new book from the Center for Economic Policy Research (CEPR) Latin America and the Caribbean will suffer an unprecedented economic shock from a sharp downturn in tourism, according to a new paper by the Inter-American Development Bank.
2020-07-01

IDB ranks 5th in 2020 Aid Transparency Index

June 24, 2020
The Inter-American Development Bank (IDB) ranked 5th amongst 47 donor agencies in the 2020 Aid Transparency Index, up from 7th place in 2018. The Index produced by Publish What You Fund is the only independent aid transparency ranking among the world’s major aid donors.
2020-06-24

IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

IDB: COVID-19 Exposes Inadequate Support for Older People

June 12, 2020
Study shows that 8 million people over age 60 in Latin America and the Caribbean depend on long-term care.  “Age with Care” provides recommendations for building strong long-term care systems.
2020-06-12

IDB Group launches new edition of Superheroes of Development awards for its clients

May 27, 2020
In its third edition, the call for proposals will be virtual and will be open from May 26 to June 29, 2020. The yearly Superheroes of Development award will once again recognize the executing agencies, borrowers or clients of projects financed by the IDB Group (which includes the Inter-American Development Bank, IDB Invest and IDB Lab) that have successfully addressed different challenges in their implementation.
2020-05-27

IDB Renews its Commitment to Support Migrant Host Countries

May 26, 2020
IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.
2020-05-26

IDB, World Bank sign the first Framework Agreement for mutual reliance in procurement

May 08, 2020
The Inter-American Development Bank (IDB) and the World Bank have signed a Framework Agreement for mutual reliance in public procurement matters related to co-financed projects in Latin America and the Caribbean (LAC). This Agreement is consistent with international good practices, is based on both institutions’ common project procurement principles and brings forth a range of opportunities for the LAC Region.
2020-05-08

Business leaders unveil recommendations to face COVID-19

April 30, 2020
The Americas Business Dialogue (ABD), a mechanism for advancing a public-private dialogue on public policies, today released a series of recommendations that seek to support the governments of the hemisphere in their health and economic response to the emergency of COVID-19. The 17 measures proposed by ABD can be found in the document Policy Recommendations on Addressing the Coronavirus Disease (COVID-19) Pandemic and Mitigating Its Impacts.
2020-04-30

IDB launches Sustainability Report focused on climate resilience

April 22, 2020
The Inter-American Development Bank (IDB) launched today its 2019 Sustainability Report with information on its integrated approach to sustainability, the footprint of greenhouse gases (GHG) of its loan portfolio and the achievements of its Corporate Sustainability Program. For the first time, the report also includes information on the systematic assessment of disaster risk and climate change from its projects.
2020-04-22

IDB report provides policy recommendations for Caribbean to better cope with coronavirus

April 15, 2020
The economic and financial implications of the coronavirus crisis on the Caribbean is the focus of the newly released Caribbean Quarterly Bulletin of the Inter-American Development Bank (IDB). The report assesses the economic impacts of the virus on key sectors including trade and tourism, reviews policies being undertaken by governments in the region, and provides recommendations on further efforts policymakers should take in order to mitigate the economic fallout of the crisis.
2020-04-15