IDB announces winner of the 2019 Superheroes of Development Award

Monday, September 16, 2019 - 17:37
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

Friday, September 6, 2019 - 14:32
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

Monday, August 26, 2019 - 18:08
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.

Study analyzes challenges faced by Central America as it seeks sustainable development

Friday, July 19, 2019 - 09:40
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

IDB Annual Meeting Concludes with Institutional Strategy Update

Wednesday, July 17, 2019 - 17:54
• IDB estimates annual gap in development financing for Latin America and the Caribbean is US$650 billion. • Region’s private sector, crisis in Venezuela and macroeconomic challenges among topics of discussion. GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

Members of international community discuss collaboration in support of Venezuela

Monday, July 8, 2019 - 16:13
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.

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

Wednesday, June 12, 2019 - 00:28
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.

60th Annual Meeting of IDB Group to Convene Economic Leaders

Tuesday, June 4, 2019 - 14:58
The Inter-American Development Bank (IDB) Group will hold its Annual Meeting in Guayaquil, Ecuador from July 16 to 17. The economic and financial leaders of its 48 member countries will discuss current challenges and opportunities for development in the region. The Annual Meeting is the 60th annual gathering of the Board of Governors of the IDB Group, the institution’s main decision-making body. The Board is primarily composed of finance ministers, economics ministers, and central bank presidents.

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

Tuesday, May 7, 2019 - 13:22
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.

IDB study estimates big GDP impacts from low infrastructure investments in Latin America

Monday, April 15, 2019 - 15:35
Growth in Latin American and Caribbean is sharply impacted by the failure to invest in infrastructure and the cost rises over time, according to a new report by the Inter-American Development Bank. The study looks at energy, transportation, telecommunications, and water and sanitation sectors in six countries indicative of the reality for the entire region: Argentina, Bolivia, Costa Rica, Chile, Jamaica and Peru.