December 10, 2020
A $50 million project will finance a program for Colombian adolescents and youth to develop the necessary skills to formulate and promote their life projects and become agents of social and economic change. The Inter-American Development Bank (IDB) approved a project for $50 million that will be destined to support Colombian adolescents and young people in developing the 21st century skills.
November 16, 2020
Peru and Colombia lead the Global Microscope on financial inclusion in a year marked by a major healthcare crisis The countries whose financial sectors have invested in digital financial infrastructure were able to reach out faster to their most needed communities during the pandemic, according to the Global Microscope 2020 on financial inclusion performance.
September 24, 2020
The energy, transport, and water and sanitation observatories will increase the availability of reliable data in Latin America and the Caribbean The Inter-American Development Bank (IDB) will launch three data observatories to plan infrastructure investments and speed up development in Latin America and the Caribbean. The observatories, jointly developed with other international partners, will provide access to reliable and up-to-date data in the water and sanitation, energy, and transportation sectors.
September 10, 2020
The Inter-American Development Bank (IDB) has approved a $215 million loan to help boost Paraguay’s competitiveness through the provision of road infrastructure suited to all weather conditions and safe, resilient, and reliable transportation services on National Route PY12 (stage I) and access roads.
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 $5000 cash prize for each of the three winners.
August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
August 06, 2020
THE 2019 REPORT COVERS FOR THE FIRST TIME MDBs' CLIMATE FINANCE ACROSS ALL COUNTRIES Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance.
August 03, 2020
The Inter-American Development Bank (IDB), CAF –development bank of Latin America–, and FONPLATA announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration projects and generate knowledge and applied technology.
July 30, 2020
Infrastructure will be key to spur post-pandemic recovery New study shows how smart infrastructure investments benefit poor households the most Flagship report analyzes policy options for infrastructure that bring about climate-friendly reforms and address social expectations A new report by the Inter-American Development Bank charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficie
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.