IDB Renews Accreditation as Green Climate Fund Partner
March 27, 2023
The Inter-American Development Bank (IDB) has renewed its accreditation as a Green Climate Fund (GCF) partner. The accreditation allows the IDB to continue channeling GCF resources to Latin America and the Caribbean (LAC).
IDB Signs Important Agreements with Argentina, Chile, Colombia, Honduras and Uruguay at Annual Meeting
March 21, 2023
The presence of Governors and international partners enabled the signing of 13 credit contracts and other agreements within the meeting’s framework.
IDB and Croatia to Promote Education and Digital Transformation
March 19, 2023
Both parties will collaborate to develop the region's life skills and digital transformation. PANAMA CITY – The Inter-American Development Bank (IDB) and the Croatian Ministry of Finance signed a memorandum of understanding to collaborate on projects that reduce inequality in Latin America and the Caribbean.
Focus on Resilience at IDB Group’s XI Consultation of Caribbean Governors
March 06, 2023
This is first official visit to the Caribbean by the new IDB President Ilan Goldfajn. Three countries move ahead with investments in education, health, digital transformation and resilient infrastructure. PORT-OF-SPAIN, Trinidad and Tobago — The Inter-American Development Bank Group (IDB Group) is holding its XI Annual Consultation with the Governors of the countries comprising its Caribbean Country Department and the President of the Caribbean Development Bank on March 5–7 in Port-of-Spain, Trinidad and Tobago.
IDB Centers Support on Social Development, Climate Impact and Sustainable Growth in Central America and Dominican Republic
February 21, 2023
SAN PEDRO, Belize – The Governors of Inter-American Development Bank (IDB) member countries in Central America and the Dominican Republic have gathered in Belize on February 20 and 21 for their 36th annual meeting.
Agribusiness, Construction and Tourism Could Drive Central America’s Economy in 2023
February 12, 2023
A new Inter-American Development Bank (IDB) study points to agribusiness, construction and tourism as the industries with the greatest potential to generate jobs and growth in Central America, Mexico, Panama and the Dominican Republic. The study found that higher production in these industries could galvanize the regional economy in 2023 for two reasons: the large volume of inputs they require from all other industries, and their economic clout, since they account for 22% of the region’s output.
IDB and IDB Invest Study Highlights Opportunities for the Circular Economy in Colombia
December 15, 2022
Latin America and the Caribbean’s financial systems must look at the circular economy not just as a product but also as a systemic approach, to take advantage of its full potential, according to the latest study Financing the Circular Economy: The Colombian Experience, published by the Inter-American Development Bank and IDB Invest, in collaboration with Bancolombia, Banco de Bogotá and Bancóldex.
IDB to Support the Region in Implementing the New Global Biodiversity Framework
December 13, 2022
IDB ATTENDS COP15 AS THE LEADING MDB FOR NATURE-BASED SOLUTIONS IN LATIN AMERICA AND THE CARIBBEAN The Inter-American Development Bank (IDB) is committed to increasing its nature-positive finance and will continue its process to develop a green finance target. The IDB will also continue leading work with other multilateral development banks (MDBs) to develop a commonly agreed definition of nature-positive finance and a tracking methodology for the second quarter of 2023.
Ilan Goldfajn Elected IDB President
November 20, 2022
(Updated to add the starting date) Ilan Goldfajn was elected president of the Inter-American Development Bank (IDB) today during a Special Meeting of the Bank’s Board of Governors. The meeting was held at IDB Headquarters in Washington, D.C., with delegations attending virtually and in person. Nominated by Brazil, Goldfajn will take office for a five-year term on December 19, 2022.
IDB and IDB Invest Provided $26 Billion in Climate Financing over Five Years
November 10, 2022
Investing in climate adaptation can save lives and property, preventing future damage The Inter-American Development Bank (IDB) and IDB Invest, the IDB Group’s private-sector arm, provided more than $26 billion in climate financing for Latin America and the Caribbean between 2016 and 2021. This figure represents approximately 60% of all climate financing in the region from multilateral development banks during this period.