IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean

February 24, 2017
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

Young innovators from Latin America and the Caribbean to share their game-changing ideas at one-day Conference at the IDB

November 25, 2014
Demand Solutions will feature presentations by top international experts on the sharing economy, entrepreneurship, gamification for social innovation, 3D printing as a development tool and other topics, as well as the opportunity to learn about 16 young Latin Americans who have come up with disruptive ideas for solving pressing development issues in Latin America – and around the world.

A capital challenge in Haiti

November 03, 2011
Until February 2011, Jean-Claude Seropian, a French hydraulic engineer, worked in Paris as director of operations of Suez Environnement, one of the world’s leading water and waste management companies. That month he moved to Haiti as head of a team of five technical, financial and management experts from Suez and two sister companies, Aguas de Barcelona and United Water. Their mission: to work with the staff of Port-au-Prince’s ailing water utility to arrest the decline of its services.

Recycling: an opportunity for change in Colombia

February 14, 2011
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.

IDB announces winners of beyondBanking awards

December 21, 2010
The Inter-American Development Bank (IDB) announced the winners of its beyondBanking awards. The awards highlight sustainable environmental, social and corporate governance projects implemented by financial intermediaries (FIs) in Latin America and the Caribbean.

IDB’s new accountability mechanism becomes effective

September 09, 2010
The new Independent Consultation and Investigation Mechanism (ICIM) started operations as part of the Inter-American Development Bank’s efforts to increase the transparency, accountability and effectiveness of its operations. The Board of Executive Directors declared that the ICIM is effective as of September 9, 2010. The ICIM can now address complaints filed by individuals or groups who feel affected by projects financed by the IDB.

Cross Debarment: A new global tool against corruption

April 28, 2010
The cross debarment agreement signed recently by the world’s top multilateral banks is a milestone for the anticorruption agenda.  Due to come into force by mid-year, the agreement says that if one Multilateral Development Bank (MDB) declares a firm or individual ineligible for procurement contracts because of fraud and corruption, then all the other MDBs will do the same.

The IDB, a partner of Colombia in development

March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Venture capital for low-income markets

February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.

Inter-American Development Bank named Best Multilateral by LatinFinance

November 07, 2008
LatinFinance, the leading source of financial market intelligence for the Latin American and the Caribbean, named the Inter-American Development Bank (IDB) as the best multilateral institution this year. LatinFinance praised the bank’s efforts to finance the largest ongoing infra-structure projects in the region, highlighting the bank’s innovative lending instruments.