IDB announces innovative solution to address ocean plastic pollution in Haiti

October 07, 2019
IDB Lab, the innovation laboratory of the Inter-American Development Bank Group, will support Environmental Cleaning Solutions S.A. (ECSSA) capacity to recycle plastic in Haiti.   Haiti is considered one of the countries with the greatest risk of plastic entering the ocean.  The country generates a large volume of plastic waste in urban areas due to high consumption of treated water, soft drinks, and take away meals sold in plastic containers. 

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.

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

July 19, 2019
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-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.

Eric Parrado appointed as new chief economist for the IDB

January 23, 2019
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University. 

IDB to invest $125 million to improve drinking water and sanitation services in Haiti

December 06, 2018
Haiti’s Big North region will benefit from a new IDB project that will provide a drinking water supply system and boost sanitation and hygiene conditions The Inter-American Development Bank (IDB) will deliver a $125 million grant for the water, sanitation and hygiene project in urban, periurban and rural areas in the country’s northernmost region.

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

IDB to invest $33.5 million to improve solid waste management in Haiti

September 20, 2018
More than 23,000 homes in northern Haiti will benefit from better environmental and health conditions through a solid waste management and final disposal program The Inter-American Development Bank (IDB) has approved a $33.5 million grant to help finance an integrated solid waste management program in northern Haiti. The program’s goal is to boost living conditions in the departments of Cap-Haitien, Limonade and Quartier Morin by improving management and funding solid waste handling and final disposal infrastructure.

Green infrastructure for Latin America and the Caribbean: rich in water, yet thirsty

August 27, 2018
The Inter-American Development Bank (IDB) is coordinating the Latin America and the Caribbean sessions during World Water Week in Sweden’s capital, with a focus on the need to adopt nature-based solutions to address the current and future demand for water resources in the region. STOCKHOLM, Sweden – Latin America and the Caribbean needs to progress towards a wiser combination of green and traditional infrastructure to satisfy the water needs of the 21st century.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.