Uruguay to Accelerate Transition to Low-Carbon Energy, with IDB Support

November 30, 2022
The Inter-American Development Bank (IDB) has approved a $150 million conditional credit line to help Uruguay meet the targets of its nationally determined contribution under the Paris Agreement.
2022-12-01

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

Uruguay Issues Global Sustainability-Linked Bond, with IDB Support

October 24, 2022
The Inter-American Development Bank (IDB) worked with Uruguay’s Ministry of Economy and Finance (MEF) to prepare the framework for issuing its first sovereign bond with a price tied to sustainability indicators.
2022-10-24

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 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, Green Climate Fund to Promote E-Mobility in Latin American and Caribbean Cities

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.
2022-07-28

IDB Invest, IDB Lab and Israel to Empower Climate-Smart Agribusinesses

July 21, 2022
The IDB Group, through its private sector arm, IDB Invest, and its innovation laboratory, IDB Lab, has joined forces with the Government of Israel to empower climate-smart agribusinesses in Latin America and the Caribbean (LAC). Working through its Ministry of Finance and Ministry of Agriculture, Israel is contributing a $3 million grant to help create the new Innovation for Climate-Smart Agribusinesses initiative managed by IDB Invest and IDB Lab.
2022-07-21

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.
2022-06-07