IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

Cartoonist from Paraguay wins contest on the future of work sponsored by the IDB

June 11, 2019
COMPETITION OF CARTOONS AND ILLUSTRATIONS RECEIVED 365 PROPOSALS CARTOONIST FROM ECUADOR WIN THE FAVORITE CHOSEN BY THE PUBLIC The Inter-American Development Bank (IDB) announced that the cartoonist from Paraguay Manuel González was selected by the jury as the winner of the Third Cartoon and Illustrations Contest: The Future of Work in Latin America and the Caribbean, with his piece "La historia del robo". 

IDB launches cartoon and illustration contest on the future of work

February 25, 2019
The competition seeks the most creative cartoonists and illustrators in Latin America and the Caribbean; entries accepted through March 31, 2019 The Inter-American Development Bank (IDB) announces the launching of its third edition of the Cartoon and Illustration Contest under the theme The Future of Work.

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

Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support

November 23, 2017
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

November 07, 2017
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

Argentina and Chile get $280 million in IDB loans for first stage of the Agua Negra international tunnel

October 18, 2017
A $130 million loan for Argentina and a $150 million loan for Chile, expandable to a total $1.5 billion, will help both countries begin construction of new cross-border tunnel The Inter-American Development Bank (IDB) has approved two loans totaling $280 million –$130 million for Argentina and $150 million for Chile– to help start the construction of the Agua Negra tunnel connecting the two neighboring nations.

Robotlution: A new IDB publication on the automation of employment and how it will impact productivity

August 23, 2017
Mexico and Brazil are leading the region in the use of robots: one to two robots per thousand workers  Will robotization destroy or displace jobs or will it create new, more sustainable ones? Can technological change play a part in reducing inequality in Latin America and the Caribbean? These are some of the key questions that 40 international experts responded to in “Robotlution.

IIC finances Aela Energía wind projects in Chile

August 14, 2017
The Inter-American Investment Corporation (IIC), the private sector arm of the Inter-American Development Bank Group, closed a $135 million project finance loan to Aela Energía for the construction, operation and maintenance of three wind projects located in the Atacama, Los Lagos and Bio-Bio regions of Chile.

IIC promotes energy-efficient street lighting in Chilean municipalities

May 16, 2017
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has signed a financing package of US$18.5 million with Itelecom to upgrade public roadway lighting systems to high efficiency LED technology in eight municipalities in Chile.