FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.

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.

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.

Optimal sanitation: Focus on the Americas at World Water Week 2019

August 26, 2019
The Inter-American Development Bank is coordinating the Focus on the Americas sessions during World Water Week in Sweden’s capital, with a focus on adopting a new paradigm to close the gap in secure sanitation services in the region. STOCKHOLM, Sweden – Providing safe sanitation for all in Latin America requires not only significant investments, but a change of paradigm to be able to do more with less resources. Right now, only 22% to the population of Latin America and the Caribbean have access to those services.

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.

First quarter exports from Latin American and Caribbean fall: IDB report

June 18, 2019
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

IDB-FEMSA Award to innovation on water & sanitation opens call for 2019

June 12, 2019
The IDB-FEMSA Awards to innovation on water and sanitation are reaching their tenth anniversary in 2019 and will be celebrating the occasion with a special edition that calls on those who have innovative solutions to compete for a special prize.   First, second, and third place winners of the IDB-FEMSA Awards will receive $15,000, $10,000 and $5,000 in cash, respectively. This year will also feature a special category called “All stars,” where prior editions finalists will compete for a one-time cash prize of $15,000.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Latin American and Caribbean exports rise but at a slower rate

January 10, 2019
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).