IDB says the pandemic will affect future earnings of an entire generation of children

September 16, 2020
Closure of preschool programs for six months means losses in future salaries equivalent to over 5% of the GDP in some countries of Latin America and the Caribbean. Hundreds of millions of children are losing daily learning opportunities resulting in potentially large losses in education, health, income, and productivity over their lifetimes due to preprimary‑program closures, says the new IDB study “Economic Costs of Pr
2020-09-16

IDB helps Uruguay protect vulnerable population amid COVID-19 crisis

September 02, 2020
The Inter-American Development Bank has approved a $125 million loan for Uruguay to help ensure minimum living standards for vulnerable people amid the health crisis triggered by the COVID-19 pandemic. The plan will support basic levels of income and employment for people affected by the pandemic, both now and in the post-crisis recovery period.
2020-09-02

IDB announces the finalists for the 2020 Superheroes of Development Award

August 14, 2020
The selected finalists are from Brazil, Ecuador, Paraguay, and Suriname.  Today, the Inter-American Development Bank (IDB) announced the eight finalists for the third edition of its Superheroes of Development Award, which recognizes the innovative solutions devised and valuable lessons learned by executing agencies/borrowers or clients while implementing development projects in Latin America and the Caribbean, particularly under the exceptional circumstances caused by the COVID-19 pandemic.
2020-08-14

IDB supports Haiti's health care system as it grapples with COVID-19

August 05, 2020
The bank approved a reassignment of US$27 million from the non-disbursed balance of the country's current investment portfolio, from the IDB Special Donation Fund. The Inter-American Development Bank (IDB) approved a reassignment of US$27 million from the non-disbursed balance of Haiti's current investment portfolio, from the IDB Special Donation Fund, in an effort to help the government fight the COVID-19 pandemic.
2020-08-05

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB approves loan to support Belize’s vulnerable population affected by COVID-19

June 22, 2020
THE US$12 MILLION LOAN WILL SUPPORT MINIMUM INCOME LEVELS FOR THOSE AFFECTED BY THE CORORAVIRUS The Inter-American Development Bank (IDB) approved a loan of US$12 million for Belize to support the implementation of the COVID-19 Unemployment Relief Program. The loan program will provide protection for the vulnerable population affected by the COVID-19 crisis.
2020-06-22

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 expands coverage for COVID-19 and public health risks in contingent loans

June 09, 2020
The Inter-American Development Bank (IDB) is expanding the risks covered under the Contingent Credit Facility for Natural Disaster Emergencies (CCF) to include public health risks and COVID-19.
2020-06-09

IDB approves loan to support Belize’s COVID-19 immediate health response

June 05, 2020
The US$6.2 million loan will support the containment and control of the pandemic and mitigate its impact on service delivery in the country. The Inter-American Development Bank (IDB) approved a loan of US$6.2 million for Belize following the government’s request to the Bank to reprogram 10% of the undisbursed balance of the country’s current investment portfolio to assist the government with its response to the impact of the crisis resulting from the COVID-19 pandemic.
2020-06-05

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