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WASHINGTON — Access to reliable, low-cost electricity is critical for driving growth and prosperity in the Caribbean. Declining energy costs now offer unprecedented opportunities to build more resilient economies and drive development, according to a new report by the Inter-American Development Bank Group (IDB Group). The Caribbean Economics Quarterly report, “The Price of Power: How the Caribbean Can Build a More Secure Energy System,” provides a comprehensive analysis of current capacity, consumption, costs, and prices of electricity across six IDB member countries of the Caribbean: The

The contest is accepting submissions until June 5, 2026 WASHINGTON – The Inter-American Development Bank Group (IDB Group) has kicked off the ninth Superheroes of Development contest in this World Cup year, tapping into the spirit of the world’s most popular sport to recognize the teams that, project after project, take to the field to fight for better lives in Latin America and the Caribbean. This year, Superheroes of Development spotlights values shared by both soccer and projects to improve lives in the region: teamwork, continuous learning from new experiences and evidence to improve

New analysis charts path to scaling investment and bolstering sustainable resilience across the Caribbean PORT OF SPAIN, Trinidad and Tobago — Greater investment is needed for Caribbean countries to strengthen resilience, close infrastructure gaps and achieve sustainable growth, according to a new joint report by the Inter-American Development Bank Group (IDB Group) and the Organization for Economic Co-operation and Development (OECD). The main findings of the second edition of the Caribbean Development Dynamics Report 2026: Investing in Sustainable and Resilient Development was central in the

Program's two-year milestone yields new actions on cybersecurity, capital markets, and fiscal research PORT OF SPAIN, Trinidad and Tobago — The Inter-American Development Bank Group (IDB Group) launched three key regional initiatives on cybersecurity, capital-market integration, and fiscal policy under its regional ONE Caribbean program that aims to foster long-term stability and growth in the Caribbean. The new actions were presented during the ONE Caribbean Ministerial Dialogue in Port of Spain, Trinidad and Tobago, a high-level gathering that marked the program’s two-year milestone. Through

WASHINGTON — Caribbean economies have demonstrated notable resilience in the face of global economic headwinds, according to a new report from the Inter-American Development Bank Group (IDB Group). Strong performance in tourism and energy has anchored regional growth, although significant downside risks persist. The latest edition of the Caribbean Economics Quarterly, "How Are External Forces Impacting Trade, Growth, and Investment in the Caribbean?" offers a comprehensive analysis of the region's economic outlook. The study examines global trends and their implications on the economies of The

The third edition of this joint report captures nearly a decade of evolution in the region’s cybersecurity maturity. WASHINGTON — Countries in Latin America and the Caribbean have made significant progress in strengthening their cybersecurity capacity, but persistent gaps in resources, workforce development, and cross-sector coordination continue to leave the region vulnerable to evolving digital threats, according to a new report by the Inter-American Development Bank (IDB) and the Organization of American States (OAS). The study, “ 2025 Cybersecurity Report: Vulnerability and Maturity

WASHINGTON — Innovative financing solutions and public-private partnerships (PPPs) are key to unlocking the Caribbean’s development, according to a new report by the Inter-American Development Bank (IDB). Investment in smart, resilient, well-executed infrastructure projects will both help insulate the region from global economic shocks, as well as drive faster and more inclusive growth. The report, “Catalyzing Capital: Public-Private Partnerships for Resilient Growth,” provides a comprehensive analysis of the region’s infrastructure investment needs, the enabling environment for public-private

IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has launched a call for participants in its Women STEMpreneurs Competition to fund women-led startups in Latin America and the Caribbean. The thirteenth edition of the regional competition will be held through the WeXchange platform offering opportunities for women entrepreneurs in science, technology, engineering, and mathematics (STEM). The call underscores IDB Lab's commitment to strengthening the innovation ecosystem to maximize the talent of women entrepreneurs and accelerate the

Governors agree on next steps for ONE Caribbean regional integration program. NASSAU, The Bahamas – The Inter-American Development Bank (IDB) held its XIII Annual Consultation with the governors of Caribbean member countries on February 2-3 in Nassau, The Bahamas. The gathering was part of preparations for the IDB and IDB Invest Annual Meetings, which will take place on March 26-30 in Chile. This high-level dialogue included representatives from The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. At the conclusion of the proceedings, IDB President Ilan Goldfajn said,

The Inter-American Development Bank (IDB) inaugurates a new emerging technology laboratory hub for the Caribbean, TechLab, in Trinidad and Tobago. This initiative aims to advance the region’s digital transformation agenda, fostering innovation and sustainable growth.