The first Update to the Institutional Strategy (UIS) approved by the Governors in March 2015, provides strategic direction to the IDB Group for the 2016-2019 period.
The UIS identifies three main development challenges:
- Social exclusion and inequality
- Low productivity and innovation
- Lack of regional economic integration
The UIS also identifies three cross-cutting issues that need to be considered when addressing each of the three development challenges:
- Gender equality and diversity
- Climate change and environmental sustainability
- Institutional capacity and the rule of law
Other useful documents include the Summary of the Update to the Institutional Strategy 2016-2019, the Action Plan for the Implementation of the UIS, and the Corporate Results Framework 2016-2019.
During the 2019 Annual Governors Meeting, a Second Update to the Institutional Strategy for the IDB Group was approved. This update will cover the 2020-2023 period. The priorities of the first update to the Strategy remain relevant for the second update. The updated strategy will seek to increase mobilization of resources, promote technology and innovation, and accelerate progress on gender equality and diversity, climate change and environmental sustainability, and institutional capacity and the rule of law.
The IDB, together with each of its borrowing member countries, also prepares Country Strategies.
Sector Strategies are prepared by the technical departments of the Bank and approved by the Board of Executive Directors.