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IN THE SPOTLIGHT KNOWLEDGE AND INNOVATION NEWS DIGEST WHERE WE'VE
BEEN QUARTERLY NEWSLETTER – OFFICE OF OUTREACH & PARTNERSHIPS
2018 - VOLUME 2
www.iadb.org/partnerships -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/95324162e8 IN THE SPOTLIGHT 127 Million Tons of Food
are Lost Each Year. A New Partnership Pledges to Change That.
In Latin America and the
Caribbean (LAC), 34% of all food produced annually is lost or wasted.
To change this, business leaders joined forces with the
Inter-American Development Bank (IDB) to promote Sustainable
Development Goal (SDG) #12.3 and its pledge to cut food waste per
capita and reduce production and supply chain losses by half by 2030.
The call was led by IDB partners AlquerÍa, Cargill, and The
Coca-Cola Company, as well as Peruvian chef Arlette Eulert. Read more
-
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/41851ac570

Empowering 10,000 in Colombia with FundaciÓn Bancaria “la Caixa”

FundaciÓn Bancaria “la Caixa” and the IDB continue working
together to help farmers in Nariño, Colombia create agribusinesses
and make the most of their land. 1,200 farmers received a loan of up
to US$1,000 as well as support adopting ecological practices and
avoiding waste, helping them to save around US$140 per month in the
process. The project, which has been under development since 2016,
benefits roughly 10,000 of the 50,000 inhabitants in this geographic
area. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/cf5f57e419

Making the Shift “from Billions to Trillions” through the IDB’s
New Resource Mobilization Division

To achieve the SDGs, we must shift “from billions to trillions”
in development financing. The IDB believes the key to achieving this
lies in innovative mobilization. In an interview with IDB President
Luis Alberto Moreno, Matias Bendersky, chief of the IDB’s new
Resource Mobilization Division, discusses the path forward. Watch
here -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/878b7f86bb

Tapping Private Sector Resources, BNDES and IDB Launch US$1.5 Billion
Infrastructure Fund

The Brazilian National Bank for Economic and Social Development
(BNDES) and the IDB teamed up to create B2 Infra, a US$1.5 billion
infrastructure credit fund. 30% of the fund will be financed by
BNDES, 10% by the IDB, and the remainder will be mobilized from
private sources including institutional investors. B2 Infra will
invest in transport, energy, water and sanitation, and social
infrastructure. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/d976a40d0e

NEO Makes Great Strides in Closing the Region’s Youth Skills Gap

The leaders of the New Employment Opportunities initiative (NEO)
gathered in Lima to discuss progress in closing the gap between
skills demonstrated by young people and those required by employers.
To date, NEO has reached more than 310,000 youth, half of which are
women, in 10 countries. Led by the IDB, its Multilateral Investment
Fund, and the International Youth Foundation, partners include Arcos
Dorados, Australian AID, Brazil’s National Federation for Industry,
Caterpillar Foundation, Cemex, Microsoft, Forge Foundation, and
Walmart. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/4e14cf582b

#100kChallenge Brings Corporates Together to Empower 100,000 Women
Entrepreneurs

At the III CEO Summit of the Americas, IDB President Moreno and
executives from Danper, Facebook, Google, IBM, MasterCard, Microsoft,
PepsiCo and The Coca-Cola Company launched the #100kChallenge, which
will coach, connect, and certify more than 100,000 women
entrepreneurs in the Americas by 2021. Through the ConnectAmericas
for Women platform, the effort will provide training, help women-led
businesses engage in value chains and more. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/54ddb9d45f

KNOWLEDGE AND INNOVATION The IDB Group and the European Investment
Bank Pledge to Explore Blended Finance

Cognizant that blended finance is key to funding the SDGs, the IDB
and IDB Invest expanded their partnership with the European
Investment Bank (EIB) in a new Memorandum of Understanding (MOU).
Signed by IDB President Moreno, IDB Invest CEO James Scriven, and EIB
President Werner Hoyer, this renewed collaboration reflects the
partners’ commitment to advancing development through blended
finance, co-financing, knowledge sharing, and other efforts. Read
more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/7e521aa26d

Putting Gender at the Center of Science and Innovation

The IDB has released a publication -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/dd0d0f917f exploring the barriers to female participation in science,
technology, engineering, and math. It was discussed in Madrid in June
with the COTEC Foundation for Innovation. The lively dialogue between
Gonzalo Rivas, IDB Division Chief for Competitiveness, Technology and
Innovation, and Nerea Luis, the informatic engineer behind the Women
in Tech Short Stories project, was moderated by Patricia de Lis,
chief editor for science and technology at El Pais. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/7a4aca893b

Independent Report Lauds IDB for its Leadership in Climate Change

A new report by EG3, an independent climate change think tank, has
recognized the IDB as a leader among multilateral development banks
(MDBs) in the climate space. Specifically, the report highlights the
Bank’s technical assistance to client countries seeking to
implement the Paris Climate Accords. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/610aa50588

New Study on Unlocking Finance for SMEs: Compete Caribbean and LSE
Explore the Use of Blockchain

To accelerate the growth of Caribbean firms, the London School of
Economics (LSE) teamed up with the Compete Caribbean initiative to
explore the potential of blockchain to increase access to finance for
small and medium enterprises (SMEs). Compete Caribbean is a
partnership between the Caribbean Development Bank, the Governments
of Canada and the United Kingdom, and the IDB. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/7f74451b92

Gooooool! Who Scores Highest in the World Development Cup?

As countries around the world battle it out on the soccer field for
the 2018 World Cup, the IDB’s newly created Knowledge, Innovation
and Communication department (KIC) has launched The World Development
Cup: a digital campaign and interactive site that compares
participating World Cup countries based on their development
performance. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/d65c699f05

NDF and IDB Launch Publication on Asset Planning for Climate Change
(APCA)

A new report shares lessons drawn from the APCA Project financed in
partnership by the Nordic Development Fund (NDF) and the IDB. It
describes APCA’s framework and demonstrates how “bottom-up”
community asset adaptation planning can increase resilience in poor
urban areas in the face of limited and unprecise climate information.
Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/846edda7c9

Joining Forces with ASCRI to Foster Transatlantic Ties

Seeking to boost investment, foster the business ecosystem, and
develop an information exchange platform between Europe and LAC, the
IDB joined forces with the Spanish Association of Capital, Growth and
Investment (ASCRI) and the Venture Capital and Private Equity
Associations of Argentina, Chile, Colombia, France, and Mexico. The
partnership was formalized at the ASCRI Annual Conference.

Exploring the Future of Work

Technological progress provides a golden growth opportunity for
emerging economies, but it also threatens to displace human labor,
widen income inequality, and contribute to greater informality.
Tapping new technologies in a way that mitigates adverse effects and
shares benefits among all citizens will require public-private
cooperation and smart public policy. This is a primary conclusion of
a new study by the IDB and its fellow regional MDBs the African
Development Bank, the Asian Development Bank, and the European Bank
for Reconstruction and Development. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/350c32ded2

Connecting the Dots: a Roadmap for Better Integration in LAC

The IDB has released a report on the state of integration in LAC and
offers policy recommendations to guide the way forward. These
findings were discussed in Madrid with the coordinator of the study,
Mauricio Mesquita Moreira, and a group of Spanish experts. It was
also presented in Tokyo by Antoni Estevadeordal, Manager for
Integration and Trade, to the Ambassadors representing GRULAC
Countries and at a session hosted by IDB partner -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/7abb005b1d Waseda University. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/688d27df9b

NEWS DIGEST MDB Climate Finance Hit Seven-Year High of $35.2
Billion in 2017

Climate financing by the world’s six largest MDBs rose to a
seven-year high of $35.2 billion in 2017, up more than 20% from the
previous year. The MDBs’ latest joint report on climate financing
said $27.9 billion, or 79 percent of the 2017 total, was devoted to
climate mitigation projects that aim to reduce harmful emissions and
slow down global warming. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/0c44ac1a08

ONCE and the IDB to Advance the Inclusion of People with Disabilities

President Moreno and Alberto Durán, Executive Deputy Chairman of the
Spanish Organization for the Blind - ONCE, formalized a cooperation
framework outlining joint efforts to create economic, social, and
cultural opportunities for people with disabilities. The partnership
agreement was signed at IncluyeTech, an event discussing innovative
approaches to promoting the inclusion of disabled people in LAC. Read
more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/a592886a22

Global Fund Official Joins Effort to End Malaria by 2020

The Global Fund has officially joined fellow partners the Bill &
Melinda Gates Foundation, the Carlos Slim Foundation, the countries
of Mesoamerica and the Dominican Republic, and the IDB in the
Regional Malaria Elimination Initiative (RMEI). RMEI will pool
technical and financial resources from each partner, starting with
commitments of US$83 million, and will work to convene Central
American and Caribbean leaders whose participation is essential to
eliminating malaria once and for all.

Strengthening Ties with Germany

This April, the German Development Bank (KfW) and the IDB renewed
their partnership in an MOU signed on the heels of the KfW-IDB
Co-financing Exercise, the first of what will become annual meetings
between KfW and IDB to explore co-financing and collaboration
opportunities. This partnership was further strengthened during the
so-called “Deep Dive” organized by the German Ministry of
Economic Cooperation and Development (BMZ) in May, in which an IDB
delegation met with BMZ to explore collaboration in climate change,
technical vocational education and training, and transparency. Read
more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/1d55e53026

The IDB and the City of Paris Join Forces on Cities and Climate
Change

The IDB solidified its partnership with the City of Paris in an MOU
signed by IDB President Moreno and Mayor Anne Hidalgo. The
collaboration will prioritize urban development, urban services
management, climate change and environmental protection in urban
spaces, and innovation. One of the partners’ first joint activities
will be a Mayor’s Seminar to be held alongside the February 2019
C40 meeting in Paris.

MetLife Foundation and the IDB to Motivate 400,000 Workers to Save
for Retirement

Most of LAC’s 130 million workers are not saving for retirement.
That’s why the IDB launched the Retirement Savings Laboratory to
encourage savings through innovative solutions, behavioral economics,
and new technologies. With financing from MetLife Foundation, the IDB
Network for Pensions in LAC, and the IDB’s Multilateral Investment
Fund, the project will motivate 400,000 low-income workers to save
for their old age. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/d8d1dbabf1

To Streamline Public Procurement, the IDB Teams Up with Brazil’s
Ministry of Planning, Development and Management

A new partnership agreement signed between the IDB and Brazil’s
Ministry of Planning, Development and Management will facilitate the
exchange of knowledge and best practices and promote training in the
area of public procurement. In this effort, the IDB has joined
Brazil’s National Network for Public Procurement.

The New Development Bank and the IDB Group Expand Ties

President K.V. Kamath of the New Development Bank, President Moreno
of the IDB, and CEO James P. Scriven of IDB Invest gathered at IDB
headquarters to strengthen cooperation between their institutions.
Specifically, the agreement signed by these leaders will facilitate
south-south cooperation, knowledge-sharing, and the financing of
sustainable development and infrastructure projects. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/c235643624

New Impact Investor Survey

IDB partner the Global Impact Investing Network (GIIN) has released
its Annual Impact Investor Survey. The 2018 edition shows 29% of all
impact investment allocations channeled toward the LAC region,
consistent with last year’s sampling, and growth in emerging
markets more generally. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/826ff547e7

WHERE WE'VE BEEN Celebrating 20 Years of FONTAGRO -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/4cae0e776b

FONTAGRO, the IDB-managed cooperation mechanism that promotes
innovation in family agriculture, celebrated its 20-year anniversary
at an event hosted at IDB headquarters. Held in conjunction with the
III Symposium on Climate Change Adaptation for Family Agriculture,
the event celebrated the progress made by FONTAGRO in the last two
decades as well as its vision for the future. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/b88e647b0d

IncluyeTech: Exploring the Crossroads Between Inclusion and
Technology

How can technology promote inclusion? To answer this question, the
IDB hosted IncluyeTech, an event exploring innovative approaches to
integrating disabled peoples into the region’s social and economic
fabric. Speakers from organizations including 2gether-international,
ArcÁngeles FundaciÓn, FundaciÓn ONCE, Gallaudet University,
Incluyeme, La Casa de Carlota, Livox, Microsoft, the Rodrigo Mendes
Institute, Specialisterne, Special Olympics International, and
Wheelog! came together for this important discussion.

IDB Vice President Talks Macroeconomic Growth in China

In China this April, IDB Vice President for Sectors Santiago Levy
delivered lectures on the region’s macroeconomic landscape. Before
audiences at Shanghai Academy of Social Sciences and Tsinghua
University, Mr. Levy discussed the region’s multi-faceted growth,
policy measures to promote growth in the longer term, and the
China-IDB partnership.

III CEO Summit Convenes Top Leaders in Lima, Peru

The III CEO Summit, the most important event of its kind in the
Americas, brought together more than 12 heads of state and 1,200
corporate leaders from the hemisphere to explore opportunities for
boosting growth and transparency. They also committed to measures to
ensure the private sector plays its part in curtailing corruption.
The event was supported in part by IDB partners AES, Citi, Coca-Cola,
DHL, Facebook, Google, IBM, Invest in Canada, Lexis Nexis, Microsoft,
PepsiCo, and Walmart. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/40cb4c4714

Talking Civic Empowerment with Humanitas360 and the Economist
Intelligence Unit

The Americas Civic Empowerment Index, an unprecedented report -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/9a6d426bcd developed by IDB partners Humanitas360 (H360) and the Economist
Intelligence Unit (EIU), was presented at IDB headquarters in
Washington, DC this May. The launch event, which featured a dynamic
discussion on civic engagement in the region, was attended by leaders
including IDB President Moreno, H360 President PatrÍcia Villela
Marino, and EIU Senior Global Director for Public Policy Leo
Abruzzese.

Charting the Path Forward at the X OECD LAC Forum

The IDB joined forces with the OECD Development Centre and the French
Ministry of Economy and Finance to organize the X OECD LAC Forum.
This year’s event, titled “Towards Open, Fair and Prosperous
Societies,” brought together leaders including IDB Vice President
Levy, French Minister of Economy and Finance Bruno Le Maire, and OECD
Secretary-General Ángel GurrÍa.

In Japan, Talking Infrastructure Investment in Uruguay

To boost Asian infrastructure investment in Uruguay, in April the
IDB’s Office in Asia co-organized a Seminar on Infrastructure
Projects in Uruguay with the Embassy of Uruguay, Uruguay XXI, and the
Japan External Trade Organization (JETRO). Speakers included
Uruguayan Ambassador to Japan Cesar Ferrer, IDB Representative in
Asia Ichiro Oishi, Daisuke Shiga of JETRO’s Americas Division, and
Juan SÁnchez of Uruguay XXI’s Investment Promotion Department. Key
highlights include a presentation on Uruguay’s macroeconomic
stability.

In Denmark, Expanding Partnerships and Engaging the Private Sector

This summer the IDB showcased procurement opportunities to a series
of companies in Copenhagen, Denmark, providing them an overview of
economic tendencies in LAC and highlighting channels for Danish
companies to engage the IDB. In addition, the IDB presented the
region’s growth agenda to its partners at the Danish Ministry of
Foreign Affairs´ Latin America Network, emphasizing the importance
of overcoming gaps in investment and productivity while maintaining
low poverty rates and creating opportunities for the middle class.

Mind the Middle-Income Trap

In April, the IDB the Centre for Economic Policy Research, the
European Bank for Reconstruction and Development, and the London
School of Economics hosted a London-based event to present new
research related to regional patterns of reform, risks of reform
reversals, global investment, and financing channels and enablers at
city and regional levels. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/29e42ffcbb

Promoting Infrastructure Investment and New Drivers

Nearly 2,000 participants from 66 countries came together this June
for the IX International Infrastructure Investment and Construction
Forum and the IV China-LAC Infrastructure Forum. Organized by the
China International Contractors Association (CHINCA) in partnership
with the IDB and attended by IDB Vice President for Countries
Alexandre da Rosa, the event discussed the importance of new drivers
for boosting infrastructure construction and connectivity while
mobilizing private investments in infrastructure.

Addressing Global Challenges with MIT Solve

As part of its partnership with the Massachusetts Institute of
Technology (MIT) and MIT Solve, a marketplace for connecting
innovators with the resources to solve global challenges, the IDB
participated in the Annual Flagship Solve event, at which innovators
pitched solutions and leaders discussed tackling tomorrow’s
challenges. Noteworthy participants included Canadian Prime Minister
Justin Trudeau, world-famous cellist Yo-Yo Ma, and MIT President
Rafael Reif.

IDB and its Partners Discuss New Report at Taxation Seminar

The IDB has teamed up with the OECD, the United Nations Economic
Commission for Latin America and the Caribbean, and the Wilson Center
to organize a seminar on taxation in LAC. Bringing together top
government officials, the event discussed the findings of a new
report by these partners. Read more -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/907d9f9d94

Longtime Partner Forética and the IDB Discuss the Business Case for
the Circular Economy

The IDB’s Office in Europe hosted the launch of the new study -
http://cts.vresp.com/c/?InterAmericanDevelop/77c487e881/5a32ee22ca/2e43760ead “Closing the Circle: The Business Case for the Circular
Economy,” which was recently released by IDB partner ForÉtica.
Having historically collaborated on issues related to corporate
social responsibility, the dialogue was a natural extension of the
partners’ longstanding efforts to encourage sustainable business
models.

Inter-American Development Bank
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Washington, DC 20577
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