May 18, 2022
The president of the Inter-American Development Bank (IDB) announced that Panama City will host the 11th regional forum in 2023. The announcement followed a bilateral meeting between the president of the IDB, Mauricio Claver-Carone, and the president of Panama, Laurentino Cortizo, to discuss joint efforts to accelerate Panama's development and explore opportunities to enhance Panama's leadership in Latin America and the Caribbean.
April 19, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank, convened the BlueTech for Waste Challenge, an initiative to find innovative solutions that contribute to the sustainable management of chemicals and hazardous waste in twelve countries in the Caribbean. This call is made in collaboration with the Global Environment Facility (GEF), through its Global ISLANDS program, in order to protect human health and the environment and address the climate vulnerabilities of the region.
April 06, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, will invest $1.5 million in Brazilian startup, Dolado, to promote the digitalization of micro, small, and medium-sized enterprises (MSMEs) operating in Brazil’s favelas. This capital will allow for the development of a platform that provides small merchants with access to credit and supply chains, as well as management tools that are custom-tailored for their specificities.
March 21, 2022
The initiative, aimed at fast-growing women entrepreneurs from Latin America and the Caribbean, will be open until April 8. Those selected will have access to investors and to training at a bootcamp organized by Google.
March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.
February 21, 2022
$85 million support package comprises three investment loans for critical sectors Projects will address key social challenges and aim to directly improve citizens’ quality of life The Inter-American Development Bank (IDB) approved an $85 million package of investment loans to support Suriname’s efforts to address pandemic-era macroeconomic challenges.
January 19, 2022
Peru will improve and enhance the storm drainage service provided to more than 30,000 homes in the districts of Puerto Maldonado and El Triunfo with help from a $74 million loan approved by the Inter-American Development Bank (IDB). The government of Peru will assign an additional $29.3 million, taking total investment in the project to $103.3 million.
January 13, 2022
Lack of trust shown to undermine firm growth and innovation. Report calls for key reforms to promote trust and boost post-COVID recovery. Dealing with power and information asymmetries needed to improve trust. Increasing trust is key to a more dynamic business sector and economic reforms needed for a stronger post-COVID recovery in Latin America and the Caribbean, according to a new flagship report by the Inter-American Development Bank.
December 06, 2021
More than 407,000 households will benefit from new or improved connections to drinking water and sanitation services thanks to a $100 million loan from the IDB The Inter-American Development Bank (IDB) approved a $100 million loan to finance drinking water, sanitation, and wastewater treatment projects in the metropolitan area of Belém, in the state of Pará, Brazil. The loan is part of the Pará Sanitation Development Project (PRODESAN), which will have a $25 million contribution from the state of Pará, for a total of $125 million.