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Employment Quality Reaches a Record High in Latin America and the Caribbean, but Challenges Remain
The IDB’s Better Jobs Index 2026 shows gains in labor income, while informality and gaps affecting young people in particular continue to limit access to better jobs.
Brazil’s Pernambuco State to Improve Fiscal Sustainability with IDB Support

Pernambuco will strengthen its capacity to plan, manage, and oversee public resources under Profisco III.

IDB Approves $128.48 Million Financing Package to Improve Water Security in Ecuador
WASHINGTON – The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $128.48 million financing package to improve water security in Ecuador and strengthen the capacity of Banco de Desarrollo del Ecuador B.P. (BDE B.P.) to mobilize capital. The package consists of a $120 million multiple works investment loan, as well as a $4.76 million loan and a $3.72 million grant from the Green Climate Fund to strengthen water resilience in the Ecuadorian Amazon. The program is aligned with Amazonia Forever, the IDB Group initiative that promotes sustainable development and
IDB Approves $200 Million Guarantee to Support Improvements in Argentina’s Electricity Service
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $200 million investment guarantee to increase electricity transmission capacity in Argentina and improve the country’s power supply. The operation will support the AMBA I and Puerto Madryn-Choele, Choele-Bahía Blanca projects, two strategic infrastructure projects aimed at expanding transmission capacity and strengthening Argentina’s Interconnected System (SADI). The IDB guarantee will help reduce risks for investors and mobilize private capital toward long-term investments in strategic
IDB Launches Regional Network to Attract More Foreign Direct Investment to Latin America and the Caribbean

PANAMA CITY – The Inter-American Development Bank (IDB) today launched the Latin America and the Caribbean Investment Promotion and Facilitation Network, a new platform aimed at facilitating the exchange of information and experiences among countries and strengthening cooperation and promotion efforts to attract more foreign investment to the region.

Ecuador to Improve Legal Defense Services for 2.3 Million People with IDB Support

IDB approves $31.9 million in financing to help Ecuador expand and modernize legal defense services, benefiting approximately 2.3 million people.

IDB Group Increases Additional Lending Capacity to $138 Billion to Support Development in Latin America and the Caribbean

Additional lending capacity has increased by 68% over the past year, due to reforms, improved credit-rating criteria IDB Group lending headroom is among main contributors to MDBs’ expanded lending capacity to $792 billion over the next 10 years IDB Group on track to reach ambition of providing $500 billion in financing over the next decade MANILA — The Inter-American Development Bank Group (IDB Group) has increased its additional lending capacity to $138 billion over the next decade to support development in Latin America and the Caribbean, reflecting the impact of institutional reforms and

Joint Statement by MDB Heads: Advancing Joint Action Amid Global Uncertainty
The Heads of Multilateral Development Banks (MDBs) Group met at the Asian Development Bank (ADB) headquarters in Manila on 17 October 2026 to discuss how to deliver more financing and greater impact to support developing countries and clients as they face mounting challenges. Against a backdrop of conflicts, disasters, difficult macroeconomic conditions, and constrained fiscal space, the Heads reaffirmed MDBs’ readiness to provide timely financial and analytical support to protect vulnerable populations and sustain investment in jobs and resilient long-term growth. The Heads welcomed the
Dominican Republic Explores the Potential of Rare Earths in the Ávila Mining Fiscal Reserve with IDB Support

WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved $16.1 million in financing to assess the potential development of the rare earths in the Ávila Mining Fiscal Reserve (RFMA) in the Dominican Republic. The program will finance a comprehensive set of technical, environmental, social, economic, financial, legal, and infrastructure studies to prepare a prefeasibility study of the RFMA rare earths deposit. The program is part of the IDB Group’s regional initiative América en el Centro, which promotes sustainable development, resilience, and

IDB Lab Invests in Cometa IV to Support High-Growth Technology Startups

WASHINGTON – IDB Lab, the innovation and venture arm of the IDB Group, announced the approval of a $10 million investment in Cometa IV, a venture capital fund that will invest in early-stage technology companies with high growth potential across Latin America and the Caribbean. Cometa IV expects to invest in approximately 23 technology-based startups, with a focus on financial services infrastructure (fintech), software-as-a-service (SaaS) solutions, and other business-to-business (B2B) business models that use technology to address structural inefficiencies and create new opportunities in

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