IDB Lab Partners with Circulate Capital to Combat Ocean-Bound Plastics

October 25, 2021
The innovation lab for the Inter-American Development Bank (IDB) Group, IDB Lab, announces a USD$4 million investment commitment, along with an additional technical cooperation grant of $500,000, to support innovative solutions to tackle the growing problem of plastic waste ending up in the oceans and waterways of Latin America and the Caribbean (LAC).

The IDB approves US$500 million to support vulnerable populations in Bolivia

October 21, 2021
The Inter-American Development Bank (IDB) approved a US$500 million loan for Bolivia that seeks to support the Government's efforts to assist the most vulnerable populations affected by the COVID-19 pandemic, through the delivery of cash transfers.

IDB, Mastercard to Help Latin American and Caribbean Cities Boost Economic Inclusion

October 15, 2021
The IDB becomes the first multilateral partner to join Mastercard’s City Possible Network, offering technological solutions to increase economic growth The Inter-American Development Bank (IDB) and Mastercard signed a Memorandum of Understanding formalizing the IDB’s participation in City Possible network, pioneered by Mastercard.

Argentina to Increase Internet Access and Digitization of Remote Areas with IDB Support

October 14, 2021
The Inter-American Development Bank (IDB) has approved a $100 million loan for a program to promote Internet access and digitization in Argentina. The operation seeks to improve digital connectivity infrastructure in remote areas, increase the capacity of the National Data Center, and improve the digital capabilities of citizens in connected areas.

El Salvador Increases Resilience to Natural Disasters and Health Emergencies with the IDB

October 14, 2021
The Inter-American Development Bank (IDB) has approved a $400 million contingent loan for a program to help offset the possible impact of natural disasters and health emergencies on El Salvador’s public finances.

IDB Announces Punta del Este, Uruguay, as Host of 2022 Annual Meeting

October 13, 2021
The Bank’s Annual Meeting will spotlight post-pandemic economic recovery, climate change and private-sector investment in the region, among other key priorities included in Vision 2025. The Board of Executive Directors of the Inter-American Development Bank (IDB) approved its Annual Meeting of the Boards of Governors of the IDB and IDB Invest to take place in Punta del Este, Uruguay, on March 17-20, 2022. This event will take place in a hybrid (virtual and limited face-to-face) format.

IDB Lab and Microsoft Launch Event Focused on Innovative Entrepreneurship

October 12, 2021
The first edition of IDB Lab Forum will be held from October 26 to 28 with the objective to promote innovation for inclusion in Latin America and the Caribbean. The Inter-American Development Bank, through its innovation laboratory, IDB Lab, and in collaboration with IDB Invest, launch IDB Lab Forum, a high-level, global event with regional reach that puts innovative entrepreneurship at the center, highlighting how technology, digital solutions and new business models are improving lives in Latin America and the Caribbean.

Inter-American Development Bank and the Rockefeller Foundation Announce Energy Partnership

October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.

GCF Approves the Establishment of Amazon Bioeconomy Fund to Partner with IDB Initiative

October 08, 2021
The $600 million facility will include $279 million investment funds from GCF and be one of the financing vehicles of the IDB´s Amazon Initiative, benefiting six Amazon countries The Board of the Green Climate Fund (GCF) has approved the Amazon Bioeconomy Fund, an ambitious initiative from the Inter-American Development Bank (IDB) to leverage investments in support to climate change adaptation and mitigation in the Amazon basin through innovative bio-businesses that seek t

Belize will Improve its Financial Management with an US$8 Million Loan from IDB

October 06, 2021
Belize will modernize its financial management and improve its fiscal sustainability with an US$8 million loan from the Inter-American Development Bank (IDB). The loan is part of Belize’s strategy to boost public spending efficiency by investing on digitalization and increasing transparency, two strategic areas of action the IDB is prioritizing to help its member countries accelerate their economic recovery in the post-pandemic era.