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.  

Argentina to Expand Water and Sanitation in Greater Buenos Aires, with IDB Support

November 11, 2022
The Inter-American Development Bank (IDB) approved a lending operation of up to $150 million to help improve the quality of life of people in the Buenos Aires Metropolitan Area. The operation will prioritize the districts of the first, second, and third ring of the Buenos Aires conurbation where Agua y Saneamientos Argentinos S.A. (AySA) provides drinking water and sewerage services.

IDB, Green Climate Fund Endorse Program to Promote E-Mobility in Latin America, Caribbean

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.

IDB Lab Announces Results of the BlueTech for Waste Challenge

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.

MDBs’ Climate Finance in Low and Middle-Income Countries Reaches $51 Billion in 2021

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.

Argentina to Boost Water Security with IDB Support

September 15, 2022
The Inter-American Development Bank (IDB) approved a line of credit of up to $810 million for Argentina's water resources management and water security program. The IDB credit line provides for three individual loan operations over a 12-year period. Its multipurpose approach covers water for human consumption, industry, energy, irrigation and livestock, as well as adaptation to the impacts of climate change.

IDB Coordinates Americas Sessions at World Water Week

August 24, 2022
The Inter-American Development Bank (IDB) is coordinating the Focus on the Americas sessions during World Water Week, an event that explores the value of water for people, the economy, development, nature and the climate. The theme of the event is “seeing the unseen: the value of water.”

IDB and UPU Unite to Modernize Postal Services in Latin America and the Caribbean

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.

IDB Backs Argentina’s Push to Modernize Solid Waste Management

August 03, 2022
The Inter-American Development Bank (IDB) approved a conditional line of credit for up to $300 million to improve integrated municipal solid waste management in Argentina. As part of the credit line, the IDB authorized an initial $70 million operation, to which the European Investment Bank will add $50 million and Argentina $17.5 million. This line of credit and its first operation will fund projects and equipment to more properly dispose of municipal solid waste and improve waste valorization and recovery using socially inclusive strategies.

IDB Lab’s Call for the Use of Digital Tokens in Biodiversity and Climate Action

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.