WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $149.25 million Results-Based Loan (RBL) and a $750,000 nonreimbursable investment grant to enhance Bogotá’s resilience and fiscal sustainability in Colombia. The program will strengthen integrated solid waste management, improve public spaces, and increase locally generated revenue through cadastral modernization. The operation will finance urban revitalization interventions in public spaces, the implementation of systems and services for the collection, treatment, and recovery of solid waste
WASHINGTON – The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $500 million Special Development Loan (SDL) for Ecuador to help the country advance reforms and measures that promote macroeconomic stability. The operation, part of an IMF-led package of international support, will allow the country to proceed with structural reforms to improve its fiscal sustainability while protecting financing for social programs that benefit poor and vulnerable segments of the population. Additionally, the loan will allow the country to bolster its dollar currency
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $95 million investment loan to improve environmental conditions in the Panama Metropolitan Area and the Districts of Arraiján and La Chorrera, while supporting the implementation of Panama’s Sustainable Financing Framework. The program will directly benefit approximately 310,000 people through expanded access to sanitation services. The operation will support a series of initiatives in Panama Bay and the Metropolitan Area, including: Rehabilitation of the Amador sanitary sewerage system
BOGOTÁ — The Inter-American Development Bank (IDB), through its IDB Cities Network, is bringing together more than 50 mayors and national and local authorities from Latin America and the Caribbean in Bogotá and Barranquilla, Colombia, for the 2026 Mayors Forum, one of the region’s leading platforms for discussing the future of cities and urban transformation initiatives to improve citizens’ quality of life. The event, held on September 2-4, seeks to foster cooperation and peer learning among cities to help strengthen management capacity, attract investment, and implement solutions that deliver
WASHINGTON — The Inter-American Development Bank Group (IDB Group) has announced six finalists for Superheroes of Development 2026, an award that highlights lessons learned from IDB Group-financed initiatives in Latin America and the Caribbean. The selected projects stand out for transforming complex challenges into opportunities to generate impact, draw lessons, and develop replicable solutions in the region. The finalist projects span a wide range of sectors and approaches: from digital connectivity and education to transportation infrastructure, energy transition, and resilience. Each
SEOUL – The Inter-American Development Bank (IDB) and the Jeju Province of the Republic of Korea signed a Memorandum of Understanding (MoU) establishing a framework for cooperation to advance sustainable tourism development and strengthen energy governance in Latin America and the Caribbean. Under the agreement, the parties will explore the implementation of digital transformation tools for smart tourism, including the use of artificial intelligence, data analytics, and other measures to improve tourism management and governance. The collaboration will also cover activities to promote cost
TOKYO — The Inter-American Development Bank Group (IDB Group) has signed two Memorandums of Cooperation (MoC) with the Government of Japan to advance their joint work on health systems, digital health, long-term care, resilient infrastructure, and urban development in Latin America and the Caribbean. The two agreements are part of a package that expands resources from the Japan International Cooperation Agency (JICA) to $6.5 billion, and is expected to generate co-financing of approximately $7.5 billion based on the average of the last years, totaling $14 billion of financing to the region
TOKYO — The Inter-American Development Bank Group (IDB Group) and the Japan International Cooperation Agency (JICA) expanded their partnership to $6.5 billion, which is expected to generate approximately $7.5 billion in additional resources, based on the average of recent years – totaling $14 billion in financing for Latin America and the Caribbean. The new framework also adds critical minerals and agriculture as strategic areas of cooperation. A new memorandum of cooperation (MoC) with JICA and Japan’s Ministry of Finance will also support health and care systems across the region. The