IDB 60th anniversary activities begin with business summit focused on development themes

September 26, 2019
The Inter-American Development Bank kicked off its 60th anniversary celebrations with a Business Summit in Washington on the transformational innovations taking place in Latin America and the Caribbean, the region’s insertion into the digital economy, and the challenges of building sustainable infrastructure.

IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

January 16, 2019
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

October 13, 2018
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB discloses document detailing general capital increase

August 03, 2010
The Inter-American Development Bank (IDB) published today on its Web site the report that provides the strategic direction for the Bank over the next decade. The Report on the Ninth General Increase in the Resources of the Inter-American Development Bank establishes the IDB’s strategic priorities, institutional reforms and accountability for results related to the Bank’s capital increase. The report also details the financial terms and conditions to implement the general capital increase.

IDB Governors agree on financial terms for historic capital increase

July 22, 2010
Member countries provide strategic vision and accountability framework Bank will expand support to small and vulnerable countries Key goals include reducing poverty and inequality, promoting regional integration and sustainable energy, helping countries tackle climate change At the end of a 60-day voting period, the Board of Governors of the Inter-American Development Bank offered broad support for the approval of the financial terms for a $70 billion increase of the Bank’s ordinary capital.

Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord

April 09, 2010
LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.

IDB boosts access, accountability with new policy for communities to voice concerns

February 17, 2010
The Inter-American Development Bank (IDB) approved today a new policy to establish the Independent Consultation and Investigation Mechanism. The policy will give better access to communities to express their concerns on Bank financed-projects in their countries and monitor their execution.   The new policy is part of ongoing efforts by the IDB to increase the transparency, accountability and effectiveness of its actions.

IDB releases annual report on anti-corruption activities

April 02, 2009
The Inter-American Development Bank sanctioned 25 individuals and eight firms as a result of investigations carried out during 2008, according to a report released today.The 2008 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of fraud and corruption in Bank-financed activities. It offers a detailed summary of a sampling of the 222 inquiries and allegations received by the OII and 150 investigations it carried out last year.