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.

IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

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.

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.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

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.

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

December 11, 2017
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

Belize to reduce climate vulnerability with IDB assistance

December 06, 2017
US$10 million loan to benefit 103,503 people in Belize City and Caye Caulker Belize will seek to reduce its vulnerability to climate change and risk with the implementation of climate resilience measures in the tourism sector and the improvement of disaster risk management governance, through a US$10 million loan from the Inter-American Development Bank (IDB). The project is expected to directly or indirectly benefit 103,503 people living in Belize City and Caye Caulker.

Bolivia will improve natural disaster risk management with IDB support

November 22, 2017
A $40 million loan will benefit 5,477 homes in the Rocha and Alpacoma basins  Bolivia will seek to improve its resilience to climate events through the reduction of risks in disaster-prone areas with a $40 million loan from the Inter-American Development Bank (IDB). 

Bolivia to rebuild, improve Mairana-Bermejo road with IDB support

November 16, 2017
A $64 million loan will help improve quality and traffic conditions, accessibility and safety of key road in the Santa Cruz Department, benefiting in particular Florida Province farmlands  Bolivia will continue to improve its road network, focusing on enhancing connectivity of its productive centers with national and international markets, by rebuilding and improving the Mairana-Bermejo segment with financing from the Inter-American Development Bank (IDB).