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.
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.
January 19, 2012
As many as 224,000 low-income pre-school children expected to benefit from educational materials and training provided by PUPA Pupa Empreendimentos Educacionais e Representacao Ltda, a new social business launched by Brazil’s Zoom Editora, will use a $3 million loan from the Inter-American Development Bank (IDB) to roll out an innovative early childhood development program that will benefit as many as 224,000 low-income pre-school children in Brazil.
March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.
December 06, 2010
The Inter-American Development Bank approved a $10 million loan to help major wholesale distributor Tenda Atacado, Ltda. enhance its credit program for low income microentrepreneurs in the food services sector in the state of Sao Paulo, Brazil.
December 10, 2009
The Inter-American Development Bank will hold a business plan competition for Caribbean tourism projects involving low-income communities in their value chains. The contest, organized by the IDB’s Opportunities for the Majority Initiative, is open to companies based in the Bahamas, Barbados, Guyana, Haiti, Jamaica, Suriname and Trinidad and Tobago.
December 11, 2006
The Inter-American Development Bank today announced its Multilateral Investment Fund (MIF) will invest $3 million in ParaLife, a new micro-insurance venture established to provide life insurance to people with disabilities, low-income families and microentrepreneurs in Latin America. The micro-insurance project reflects the principles of the IDB’s Opportunities for the Majority initiative, which seeks to expand low-income people’s access to wealth-building tools and services such as microcredit, housing, job-training and entrepreneurship opportunities.
June 13, 2006
Latin America should carry out microeconomic reforms to clear the path for more poor people to join the middle class, instead of locking itself in a debate over fiscal discipline and social spending, former U.S. president Bill Clinton said today. In a public dialogue with the president of the Inter-American Development Bank, Luis Alberto Moreno, Clinton also commented on current issues such as immigration, alternative energy sources, climate change and the fight against AIDS.
IDB launches initiative to generate economic opportunities for majority in Latin America and the Caribbean
June 06, 2006
Inter-American Development Bank President Luis Alberto Moreno today unveiled an initiative aimed at generating economic opportunities for low-income people in Latin America and the Caribbean, who make up a majority of the region’s population. In a briefing held at the IDB’s headquarters in Washington, D.C. and transmitted to field offices across the region, Moreno explained that the Building Opportunities for the Majority initiative will seek innovative solutions to help low-income people develop their economic potential and accumulate assets.
June 01, 2006
Inter-American Development Bank President Luis Alberto Moreno will hold a press briefing on Tuesday, June 6 to present a new initiative to promote economic opportunities for the low-income majority of Latin America and the Caribbean, a region where poverty and inequality levels have hardly changed over the past five decades.