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 60th anniversary activities begin with business summit focused on development themes

September 26, 2019
The Inter-American Development Bank kicked off its 60th anniversary celebrations with a Business Summit in Washington on the transformational innovations taking place in Latin America and the Caribbean, the region’s insertion into the digital economy, and the challenges of building sustainable infrastructure.

IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

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.

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.

Members of international community discuss collaboration in support of Venezuela

July 08, 2019
Representatives of cooperation agencies, along with directors and counselors of the Inter-American Development Bank’s (IDB) member countries, met this morning with the Bank's administration at the institution's headquarters to discuss possible areas of collaboration in support of Venezuela. During the meeting, IDB specialists presented an analysis of the macroeconomic outlook and the main development challenges facing Venezuela.

Guatemala to move forward in reducing neonatal and maternal mortality with IDB support

May 30, 2019
Guatemala will invest $100 million to improve health care and reduce infant and maternal mortality  The Inter-American Development Bank has approved a $100 million loan to Guatemala to improve health care and reduce morbimortality rates in some of the country's poorest regions. The project will allow for implementation of a strategy of essential neonatal obstetrical care aimed at improving health care for mothers and babies.

Nearly 1,400 indigenous entrepreneurs in Panama to boost revenue with support from IDB

May 20, 2019
A USD43 MILLION OPERATION WILL IMPROVE ACCESS TO FINANCING, INVESTMENT IN PRODUCTIVE INFRASTRUCTURE AND TECHNICAL ASSISTANCE The Inter-American Development Bank has approved a USD40 million loan to Panama, complemented by a local contribution of USD3 million, to implement an ambitious program financial inclusion and indigenous entrepreneurship in the country's 12 indigenous regions.

IDB launches innovative territorial approach to address development challenges

May 09, 2019
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

May 07, 2019
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.