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.

Spain makes contribution to IDB’s migration initiative

March 20, 2019
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

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.

Habitat III: Multilateral Development Banks from around the world collaborate to support ‘New Urban Agenda’

October 18, 2016
QUITO, Ecuador – In support of the ‘New Urban Agenda’ adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda’s words into action by issuing a “Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

October 15, 2016
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

Capturing land value, key to Latin American cities development

October 12, 2016
IDB study offers ways to finance sustainable urban growth Cities in Latin America and the Caribbean are growing at breakneck speed. The million-dollar question is– how should they manage and finance their sustainable development so they can continue to expand and at the same time optimize the use of space and be a comfortable place to live in?

Committees of the Boards of Governors of IDB and IIC back advancing towards MIF replenishment

October 06, 2016
The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas. The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

Latin American and Caribbean Carbon Forum 2015 with an eye towards the International Climate Conference, COP21

August 31, 2015
GENEVA, Switzerland - The Economic Commission for Latin America and the Caribbean (ECLAC) and the government of Chile will host the 9th Latin American and Caribbean Carbon Forum (LACCF 2015) in Santiago de Chile from September 9-11. The conference will cover the latest developments in market-based mechanisms to address climate change, carbon trading, climate finance, and low-emission development. 

Multilateral Development Banks provided $28 billion in climate finance in 2014

June 16, 2015
The world’s six large multilateral development banks (MDBs) delivered over $28 billion in financing last year to help developing countries and emerging economies mitigate and adapt to the challenges of climate change. The latest figures bring total collective commitments of the past four years to more than $100 billion. In 2014, the six banks together provided over $23 billion dedicated to mitigation efforts and $5 billion for adaptation work, according to the fourth joint report on MDB Climate Finance.