IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

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 announces the finalists for the Superheroes of Development Award

July 11, 2019
The Inter-American Development Bank (IDB) today announced the eight finalists for the second edition of its Superheroes of Development Award, which recognizes the innovative solutions devised and valuable lessons learned by executing agencies while implementing development projects in Latin America and the Caribbean.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

December 11, 2017
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

November 07, 2017
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

August 09, 2017
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

December 01, 2016
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.

Habitat III: Multilateral Development Banks from around the world collaborate to support ‘New Urban Agenda’

October 18, 2016
QUITO, Ecuador – In support of the ‘New Urban Agenda’ adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda’s words into action by issuing a “Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.