Ecuador moves ahead in transformation of energy grid with IDB support

June 05, 2020
IDB loan is one of a series supporting energy sector reform to reduce use of fossil fuels The Inter-American Development Bank approved a $280 million loan to Ecuador to support transformation of its its enery grid, improvements in energy efficiency and promotion of access to electricity generated from renewable sources.
2020-06-05

IDB report provides policy recommendations for Caribbean to better cope with coronavirus

April 15, 2020
The economic and financial implications of the coronavirus crisis on the Caribbean is the focus of the newly released Caribbean Quarterly Bulletin of the Inter-American Development Bank (IDB). The report assesses the economic impacts of the virus on key sectors including trade and tourism, reviews policies being undertaken by governments in the region, and provides recommendations on further efforts policymakers should take in order to mitigate the economic fallout of the crisis.
2020-04-15

Ministers of Women of the region held a meeting to address the challenges from COVID-19

April 03, 2020
The virtual event was organized by the IDB and the Inter-American Commission of Women of the OAS.
2020-04-03

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB to support sustainable development of Ecuador’s mining and energy sectors

March 12, 2020
The Inter-American Development Bank has approved a US$78.4 million loan to help promote sustainable and responsible investments in Ecuador’s mining and energy sectors in order to improve macroeconomic stability, boost productivity, and generate jobs. The program aims to reduce the energy sector’s emissions and enhance its efficiency and reliability through technical, environmental, legal and economic studies, while ensuring that investments help consolidate the country’s commitments to the implementation of the Paris Agreement, which Quito has ratified.
2020-03-12

New Study Reveals Women Entrepreneurs in STEM in LAC are on the Rise

January 23, 2020
The study commissioned by the IDB Lab also shows that 54% of women entrepreneurs in STEM have raised capital Women entrepreneurs in science, technology, engineering and mathematics are on the rise in Latin America and the Caribbean, with 54% successfully raising angel or venture capital and almost 80% planning on scaling up their company internationally in the next five years, according to the new study “wX Insights 2020: The Rise
2020-01-23

Suriname to increase the electricity coverage in rural areas with IDB support

December 23, 2019
The project will also help consolidate the energy reform and contribute to the diversification of the energy matrix. The Inter-American Development Bank approved a US$ 30 million investment loan to Suriname to support adequate and modern access to sustainable electricity to enhance the living conditions for rural populations while improving the rural business environment with better provision of electricity as a public service.
2019-12-23

Barbados to boost renewable energy and energy efficiency with IDB support

September 30, 2019
Barbados will reduce its dependence on imported fossil fuels by increasing the investment in renewable energy capacity and energy efficiency with $30 million loan approved by the Inter-American Development Bank (IDB).

Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

Investment in social development and efficient institutions, keys to better security

September 13, 2019
The IDB confirmed its commitment to work with Latin American and Caribbean countries on innovations that can contribute to prevention and crime reduction The Inter-American Development Bank (IDB), during the Citizen Security Week 2019 that wrapped up yesterday, emphasized that to improve long-term citizen security, it is necessary to have  greater investment in social development and more effective, efficient and transparent institutions.