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New report shows climate financing by multilateral development banks rose 10% in 2024 compared with previous year. MDBs’ climate finance for low- and middle-income economies increased 14%, to more than $85 billion. Mobilized private financing for climate investments worldwide jumped 33% in 2024. Global climate financing by multilateral development banks (MDBs) increased 10% last year, reaching a record $137 billion, with the majority directed to low- and middle-income economies. MDBs, including the Inter-American Development Bank Group (IDB Group), announced the year-on-year increase in a

WASHINGTON - The Inter-American Development Bank (IDB) has announced the winners of the 2025 IDB Young Economist Award, an annual recognition that celebrates outstanding research by recent PhD graduates in economics focused on Latin America and the Caribbean. Pascuel Plotkin, an Argentine researcher from the Center for Monetary and Financial Studies, won first prize for his paper titled “Dinner at Your Door: How Delivery Platforms Affect Workers and Firms.” His study analyzes the impact of online delivery platforms on restaurants and workers in Brazil, highlighting both the costs and potential

Five entrepreneurs will present their solutions on December 2 at GET Forum, the IDB Group’s flagship event on innovation and technology for development. WASHINGTON – IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has announced the five women-led businesses that have won the WeXchange Women STEMpreneurs 2025 competition. WeXchange, a platform connecting women entrepreneurs in STEM (science, technology, engineering, and mathematics), received more than 400 entries from 35 countries, offering solutions in edtech, healthtech, fintech

At the Regional Security and Justice Summit, the Inter-American Development Bank presented a new phase of the Alliance for Security, Justice, and Development, with a historic increase in the scale of its operations.

BELIZE CITY, Belize – The Inter-American Development Bank (IDB) is supporting Belize’s efforts to increase labor force participation and improve employability through a financing package of US$8 million. The operation will support a program that aims to address the country’s skilled labor shortage by strengthening public employment services and expanding access to relevant, quality training in high-demand sectors such as tourism, business process outsourcing, and the Information and Communication Technology (ICT) sector. The program is expected to benefit over 20,000 jobseekers, including at

WASHINGTON — The Inter-American Development Bank (IDB) has approved a $250 million loan to help Guatemala enhance the environment of the Motagua River Basin and the quality of life of its residents. The operation, which has been approved by the IDB's Board of Executive Directors, will finance a program to expand solid-waste collection and disposal. It will also increase treatment of effluents and discharges, strengthen water quality monitoring and control at the national level, and improve local management of sanitation and solid-waste services. The program will directly benefit 166,000

The Inter-American Development Bank (IDB) is pleased to announce that its new Access to Information Policy took effect on September 1, 2025. This updated policy reflects the IDB’s commitment to greater transparency, accountability, and stakeholder engagement, aligning with international best practices. Key improvements include: Recognition of access to information as a fundamental human right. Maximum access to information with presumption of disclosure Introduction of harm test mechanism for determining confidentiality levels (full or partial) Clear and delimited exceptions with specific

WASHINGTON — The Brazilian state of Ceará will strengthen the management of revenue and expenditures with an $80 million loan from the Inter-American Development Bank (IDB). The loan is part of the third phase of the IDB-backed PROFISCO Program aimed at modernizing the fiscal management of Brazilian states to support the implementation of Brazil’s new value-added tax (VAT). The program is expected to increase tax compliance and enhance fiscal sustainability of states and the business environment. Ceará will enhance its management tools and modernize its technological infrastructure. These

WASHINGTON — The Inter-American Development Bank (IDB) will launch Unseen Threads: Weaving Connections Across Latin American and Caribbean Art on September 4 at its headquarters in Washington, D.C. Organized in collaboration with the embassies of Argentina, Chile, Mexico and Uruguay, the exhibition celebrates the connections among artists from Latin America and the Caribbean featured in the IDB’s permanent art collection. The exhibit brings together a wide range of works that highlight shared experiences of exchange, kinship, material exploration, and a deep connection to nature in the artists

Over 790 high-impact projects have participated in the contest since it was launched in 2018, sharing lessons and knowledge to benefit other teams in the region.