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

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

Belize to Attract More Foreign Investment and Streamline Exports with IDB Support

September 22, 2022
The Inter-American Development Bank has approved an US$8 million loan to promote Belize´s foreign direct investment and trade performance through a series of measures aimed at streamlining trade and investment procedures and providing tools for small and medium-sized firms to join global value chains.
2022-09-22

El Salvador to Receive IDB Loan to Enhance Water and Sanitation

September 15, 2022
The Inter-American Development Bank (IDB) approved a $100 million loan to strengthen El Salvador's water and sanitation sector. Approximately 120,000 households will directly benefit from improved drinking water services in the San Salvador Metropolitan Area.
2022-09-15

Investment Forum Highlights Foreign Investment Opportunities in Paraguay

September 08, 2022
ASUNCION – Paraguay is well placed to take advantage of the reconfiguration of global and regional value chains and attract more foreign direct investment, setting the stage for more job creation and sustainable growth.
2022-09-08

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.”
2022-08-24