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

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

October 13, 2018
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Argentina seeks to increase youth employment and reduce gender gap through sports

October 10, 2018
The Inter-American Development Bank (IDB) has joined forces with the International Olympic Committee (IOC) to launch an initiative that will benefit more than 4,000 young people through sports in Argentina. The project, which will be financed by US$1.5 million commitments from the IDB’s Multilateral Investment Fund (MIF) and the IOC, was formally announced in Buenos Aires, Argentina as IDB President Luis Alberto Moreno and IOC President Thomas Bach signed a Letter of Intent.  

IDB launches Blue Tech Challenge with up to US$2M in funding for Blue Economy proposals

September 24, 2018
The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility, which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

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.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

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.