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IDB and EIB Strengthen Partnership to Boost Development Impact

SEVILLE — At the Fourth International Conference on Financing for Development (FFD4) in Seville, the Inter-American Development Bank (IDB) and the European Investment Bank (EIB) signed a cooperation agreement to increase financing and deliver stronger development impact in Latin America and the Caribbean. The agreement reflects a shared commitment by both institutions to work closer and more effectively as a system to increase resource mobilization for the financing of sustainable development in Latin America and the Caribbean. It also strengthens the pipeline of EU-aligned financing under the

Paraguay to Improve Rural Access to Services and Productive Markets with IDB support

WASHINGTON — The Inter-American Development Bank (IDB) has approved a $75 million multiple works loan to boost agricultural competitiveness and economic and social development in rural Paraguay by improving rural roads in the country’s Eastern Region. The operation, which has been approved by the IDB's Board of Executive Directors, aims to expand vulnerable populations’ access to services and productive markets, address local road infrastructure gaps, and make them more resilient by prioritizing positive social and economic impact. The IDB-financed program will improve approximately 123

IDB and 'la Caixa' Foundation Join Forces to Boost the Silver Economy in Latin America and the Caribbean

SEVILLE – The Inter-American Development Bank (IDB) and the “la Caixa” Foundation signed an agreement today to promote inclusive, innovative, and sustainable solutions in response to population aging in Latin America and the Caribbean. The partnership includes: Co-financing projects that improve access to financial and care services for older adults. Promoting policies for the economic inclusion of older adults through knowledge-generation initiatives. Fostering the development of a silver economy entrepreneurial ecosystem, highlighting the value of older adults as active agents of development

IDB and World Bank Launch New Amazonia Bond Issuance Program

SEVILLE — The Inter-American Development Bank (IDB) and the World Bank launched a new platform to help countries and institutions raise private capital for sustainable development in the Amazonia region – combining environmental protection with economic and social impact. The platform is grounded on the Amazonia Bond Issuance Guidelines, just issued jointly by the IDB and the World Bank. These guidelines provide a comprehensive framework for structuring bonds with clear criteria for use of proceeds, impact measurement, and transparency. As a first move under the new program, the IDB plans to

IDB Launches Disaster-Risk Instruments and Expands Coverage by $2 Billion

SEVILLE — The Inter-American Development Bank (IDB) and IDB Invest are scaling up financial solutions to help countries and companies manage disaster-related risks and strengthen long-term resilience. This expansion includes an increase in disaster-risk coverage and new instruments for both sovereign and private clients: Expanded Protection for Countries for disaster-risk coverage by an additional $2 billion through the Contingent Credit Facility and Climate Resilience Debt Clauses, responding to rising demand across the region. A pioneering Regional Disaster-Risk Transfer Program, led by the

IDB Launches FX EDGE to Unlock Private Investment

SEVILLE — The Inter-American Development Bank (IDB) today launched FX EDGE, a new platform to help countries attract more private investment in sustainable development. Designed to provide tools to policymakers – a blended-finance and project-preparation facility, a liquidity facility, and an FX-derivative program – to overcome one of the oldest and most pressing barriers to investment, currency volatility, FX EDGE aims to increase resilience and unlock capital. FX EDGE builds on Brazil’s Eco Invest, a pioneering collaboration between the IDB and the Brazilian government, and is enabled by

IDB and Education Above All Foundation Renew Partnership to Advance Education, Economic Growth

SEVILLE – The Inter-American Development Bank (IDB) and Education Above All (EAA) Foundation signed a new agreement to strengthen collaboration and explore new areas of joint work in education, skills development, and economic empowerment, including employment and self-employment initiatives. The framework agreement, which will run from 2025 to 2030, will address critical educational challenges in Latin America and the Caribbean by enrolling and retaining out-of-school and at-risk-of-dropping-out children, ensuring their access to quality primary education. The EAA Foundation plans to earmark

Heads of Multilateral Development Banks Commit to Strong Joint Action on Development Priorities
Joint Statement PARIS – The Heads of Multilateral Development Banks (MDBs) met today in Paris, hosted by the Council of Europe Development Bank (CEB), which currently chairs the Heads of MDBs Group. The meeting focused on advancing their joint efforts to address development priorities. Amid rising global uncertainty, the Heads reaffirmed their commitment to working as a system to deliver greater impact and scale, in line with their Viewpoint Note and the recommendations of the G20 Roadmap towards Better, Bigger, and More Effective MDBs . The Roadmap outlines an ambitious vision for MDB reform
IDB and CEB Sign First-Ever Non-U.S.-Dollar Exposure Exchange Agreement for €500 million to Scale Development Financing
The Inter-American Development Bank (IDB) and the Council of Europe Development Bank (CEB) signed today in Paris, in the margins of the meeting of the Heads of Multilateral Development Banks (MDBs) Group, a landmark €500 million Exposure Exchange Agreement (EEA). This is the first transaction between the two institutions, the first EEA ever executed in a currency other than the U.S. dollar, and the first of its kind for the CEB.
IDB and OECD Join Forces to Support Latin America and Caribbean Countries on Path to OECD Membership
PARIS — The Inter-American Development Bank (IDB) and the Organisation for Economic Co-operation and Development (OECD) signed an agreement to strengthen support for countries seeking OECD membership and help other nations align with OECD standards as they pursue key economic and institutional reforms. Under this agreement, the IDB will offer financial and technical cooperation to countries at different stages of OECD engagement. This includes tailored support for those already on the accession path—through investment policy reviews, responsible business conduct assessments, public sector
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