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.
November 09, 2022
A new study identifies high-performing programs that governments in Latin America and the Caribbean can leverage to digitalize public services with a staggering return on investment.
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 26, 2022
The Inter-American Development Bank (IDB) approved a $100 million loan to enhance rural road connectivity and quality in El Salvador. By upgrading its unpaved roads, the Central American country will boost productivity, competitiveness, and access to public services.
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 12, 2022
Argentina will promote macroeconomic stability and strengthen its public finances with a $700 million loan from the Inter-American Development Bank (IDB). The loan will provide budgetary support to help the country meet its short-term financing needs and protect social spending on vulnerable groups and infrastructure, while implementing reforms to reduce the public deficit, promote price stability, and ensure debt sustainability.
September 27, 2022
The Inter-American Development Bank approved a $106 million loan to help El Salvador’s tourism industry rebound and grow. The operation is designed to make the sector more competitive by increasing per-visitor spending, creating new jobs, and reducing gender gaps among its workers. It also aims to make the country’s tourist destinations more environmentally sustainable.
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.
July 28, 2022
The Inter-American Development Bank (IDB) is joining forces with the United Nations' Green Climate Fund (GCF) to create the first regional fund to promote electric mobility and green hydrogen in Latin America and the Caribbean. The fund is expected to provide $450 million in concessional loans and grants to nine countries.