IDB Launches Pivot Movement to Strengthen Caribbean Innovation

September 03, 2020
The Inter-American Development Bank (IDB) has launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. The Movement includes a crowdsourcing contest and an event. Pivot Search is the crowdsourcing platform to receive new development ideas. It runs from September 2 to September 18, with a $5000 cash prize for each of the three winners.
2020-09-03

World Water Week 2020: the IDB leads the Focus on Latin America and the Caribbean

August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
2020-08-25

Gender, environment and social safeguards are good for bottom line, IDB studies show

July 10, 2020
Best practices in social and environmental safeguards become more urgent during pandemic Two new studies by the Inter-American Development Bank show the positive financial impacts for investors, companies and banks that take gender, environmental and social factors into their decision-making.
2020-07-10

Damages and other impacts on Bahamas by Hurricane Dorian estimated at $3.4 billion: report

November 15, 2019
GREAT ABACO, The Bahamas – A new report estimates the total cost of the impacts and effects of Hurricane Dorian on The Bahamas at $3.4 billion, with hundreds dead or missing and impacts on the economy that will last for years.
2019-11-15

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.
2019-10-25

Reducing trade costs could boost exports to Korea

October 10, 2019
Exports from Latin America and the Caribbean to Korea could grow by about US$10 billion, or 43%, if a set of reforms to reduce trade costs are implemented and bilateral cooperation reach new levels, according to a study by the Inter-American Development Bank. The report, Stepping Up Cooperation, Policy Options for Latin America and Korea, was presented during the 5th Korea-LAC Business Summit, held in Seoul, Korea, on October 7th and 8th.
2019-10-10

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.

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.

Hurricane Dorian: IDB provides $100 million in emergency funding line to The Bahamas

September 06, 2019
The Inter-American Development Bank will provide $100 million to help finance humanitarian and reconstruction efforts in The Bahamas, following widespread loss of life and destruction caused by Hurricane Dorian.

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.