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The IDB will provide an estimated $2.5 billion in financing over the next three years to strengthen citizen security in Latin America and the Caribbean, a historic increase in the scale of its operations in this area.
The new Rapid Response Task Force against violence and organized crime will assist countries when they face sudden crises – whether an increase in violence, a surge in human trafficking, or institutional vulnerabilities.
These actions are part of the Alliance for Security, Justice, and Development, which marked its first anniversary this month at a high-level summit in Argentina. The Alliance now includes 22 member countries and 12 strategic partners, including INTERPOL.
Learn more and watch our video.
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In Latin America and the Caribbean, there is about $500 billion in loans on the balance sheets of local banks for approved, performing projects.
What if those loans could be shored up into investment-grade, hard-currency securities that are attractive to institutional investors? And what if those loans could only be purchased if banks commit to reinvesting the proceeds into projects aligned with climate goals?
That’s the idea of ReInvest+, an ambitious, global initiative led by the IDB Group, with the support of SB COP and the Brazilian COP30 Presidency, to unlock private climate financing at scale. We’re now accepting proposals from interested banks!
Click here for details.
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Today, more than 120 million people live in informal neighborhoods across Latin America and the Caribbean. Closing the gap in decent housing would cost about a fifth of the entire region’s GDP, significantly exceeding the capacity of public investment.
And while private financing for upgrading these neighborhoods has been limited, new and innovative financial instruments may be starting to turn the tide.
From Brazil to Uruguay and Ecuador to Mexico, we present 14 cases that have overcome some of the typical barriers to private-sector involvement and show potential for replication.
Read the new Cities Lab report.
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Public spending on education in Latin America and the Caribbean fell to 3.8% of GDP in 2022, the lowest level in more than 20 years. The gap with OECD countries persists. But to improve learning outcomes in the region, more funding is only part of the story.
The “smart spending” approach focuses on maximizing the impact of resources invested – including through sustainable mobilization, equitable distribution, efficient execution, and solid monitoring.
How can we implement this approach in practice, and where have countries succeeded? Find the answers here.
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The Inter-American Development Bank (IDB) is devoted to improving lives across Latin America and the Caribbean, working with the region’s public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. IDB Invest is a multilateral development bank committed to promoting economic development of the region through the private sector, providing innovative financial solutions and advisory services. IDB Lab
is the innovation and venture-capital arm of the IDB, leveraging financing, knowledge, and connections to support early-stage entrepreneurship and activate innovative markets. |
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