IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Advances in key fiscal expenditure to finance climate change

August 29, 2019
SANTIAGO, Chile – Advances on the basic elements to build a methodology that identifies public spending on climate change and produces information for decision makers, has been the main result of a regional workshop conducted by the Inter-American Development Bank (IDB) and the Ministry of Finance of Chile, in collaboration with regional and international institutions and with governments of Latin America and the Caribbean. 

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

MDB climate finance hit record high of $43.1 billion in 2018

June 13, 2019
An increase of over 22 percent on the previous year, boosting projects that help developing countries and emerging economies cut emissions and address climate risks – joint report.

Spain makes contribution to IDB’s migration initiative

March 20, 2019
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

Colombia issues first energy savings insurance policies

February 13, 2019
SMALL AND MEDIUM ENTERPRISES ACCESS TO POLICIES TO GUARANTEE ENERGY SAVING IN INVESTMENT PROJECTS FOR MORE EFFICIENT TECHNOLOGIES With the support of the Inter-American Development Bank, and in collaboration with BANCOLDEX, Colombia has become the first country in Latin America and the Caribbean to issue energy saving policies under the Energy Savings Insurance Program (ESI) in benefit of five small and medium-si

Barranquilla, Colombia to host Foromic 2018

August 30, 2018
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Public-private partnerships presented as models to reduce maternal and child health inequities

March 16, 2013
Bill Gates and Carlos Slim support the Salud Mesoamérica 2015 Initiative, featured as one of the central issues at IDB’s Annual Meeting Participate and follow us on Twitter using #SM2015 @SM2015_ #IDB2013

IDB supports program to improve productivity of thousands of young people in El Salvador

October 19, 2012
Loan for $20 million will support training, employment, and improved opportunities for economic growth  The Inter-American Development Bank (IDB) approved a $20 million loan to El Salvador to fund a training project that will improve the labor force productivity, particularly for young people between 16 and 29 years and workers in micro- and small-scale enterprises. 

IDB closes $19 million syndicated loan with impact investors to revamp municipal markets in El Salvador

September 06, 2011
Oikocredit, VDK Spaarbank and BANK IM BISTUM ESSEN eG to finance innovative program for centers of small-scale businesses by Fedecrédito The Inter-American Development Bank (IDB) has closed a $19 million syndicated loan with three impact investors to support a new credit facility that will finance the revamping of municipal marketplaces in El Salvador.