January 18, 2023
The Inter-American Development Bank (IDB) has approved a $175 million loan to widen approximately 35 kilometers of the El Rancho–Teculután section of northern Highway CA-9 in Guatemala. The program is a strategic and crucial step towards expanding the country’s main route for exports, a process already in progress. The engineering works will benefit the approximately 25,281 people who travel this section of the highway daily and will give better road access to 442,375 people in the departments of El Progreso and Zacapa.
December 09, 2022
The Inter-American Development Bank (IDB) approved a $50 million loan to better connect the Department of La Paz and further integrate its economy. This funding will be used to improve and pave a 33.1 kilometer stretch of Highway RVF19 Botijlaca-Caquiaviri, lowering travel costs and times. With a focus on safety, sustainability, and inclusion, the program will also implement better road safety standards, and the roadworks will be engineered to meet climate-resilient design standards.
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.
November 10, 2022
The IDB endorsed a partnership with the Green Climate Fund to create the first regional program to promote electric mobility and green hydrogen.
October 27, 2022
The Innovation Lab of the Inter-American Development Bank, IDB Lab, announces the six proposals selected in the BlueTech for Waste Challenge that will contribute to the sustainable management of chemicals and hazardous waste in Barbados, Haiti, Jamaica, the Dominican Republic, and Trinidad and Tobago.
October 14, 2022
Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to the 2021 Joint Report on Multilateral Development Banks’ Climate Finance, published today.
October 14, 2022
The Inter-American Development Bank (IDB) approved a $60,200,000 loan to modernize its Joya Andina and Capitán Oriel Lea Plaza airports in Uyuni and Tarija, integrating regions, enhancing connectivity, and boosting tourism in Bolivia.
August 23, 2022
The Inter-American Development Bank (IDB) and the Universal Postal Union (UPU) signed an agreement to modernize and transform postal services in Latin America and the Caribbean, aiming to promote regional integration and trade, strengthen value chains and foster the digital economy.
June 07, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), is launching a call to identify innovative solutions that make use of digital tokens to promote biodiversity conservation and facilitate climate action.
May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.