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.  
2022-11-20

COP27: Brazil Promotes Sustainable Production Chains in Amazon with IDB Support

November 18, 2022
At 27th United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt, Brazil inaugurated the second phase of the Sustainable Rural Project – Amazon (PRS Amazon) to promote low-carbon agriculture in the biome.
2022-11-18

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.
2022-11-10

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.
2022-10-27

El Salvador to Upgrade Rural Roads with IDB Loan

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.
2022-10-19

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.
2022-10-14

IDB Approves $106 Million Loan to Revive Tourism in El Salvador

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.
2022-09-28

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.
2022-08-23

IDB Enables Brazil's Immense Investment Opportunities, Approves Infrastructure Credit

June 15, 2022
On the final day of the Brazil Investment Forum (BIF), Latin America's largest foreign-investment event, IDB President Mauricio Claver-Carone reinforced the institution's commitment to enabling vital foreign direct investment and public-private partnerships for the country's sustainable and inclusive development, while announcing the approval of a $150 million infrastructure loan.
2022-06-15

IDB and Brazil Seal $1.6 Million Partnership for Sustainable Transportation with UK Financial Contribution

June 14, 2022
The partnership supports the Brazilian Ministry of Infrastructure’s efforts to develop regulatory frameworks, implement technologies, and update plans for the low-carbon transition.
2022-06-14