Headwinds Facing Post-Pandemic Recovery in the Caribbean: IDB Report

December 20, 2022
Caribbean countries should prepare for prolonged effects of external economic shocks in 2023, including for high food and fuel prices and rising international interest rates, according to a new report from the Inter-American Development Bank (IDB).
2022-12-20

IDB and IDB Invest Study Highlights Opportunities for the Circular Economy in Colombia

December 15, 2022
Latin America and the Caribbean’s financial systems must look at the circular economy not just as a product but also as a systemic approach, to take advantage of its full potential, according to the latest study Financing the Circular Economy: The Colombian Experience, published by the Inter-American Development Bank and IDB Invest, in collaboration with Bancolombia, Banco de Bogotá and Bancóldex.
2022-12-15

Honduras to Strengthen Customs Management with IDB Support

December 01, 2022
The Inter-American Development Bank (IDB) approved a $50 million loan to increase customs collection and customs controls in Honduras. The operation will foster trade and boost the country's economic growth and competitiveness. The program’s goal is to improve the efficiency of Honduras’s Customs Administration (ADUANAS), which was set up in 2020, by strengthening management and institutional governance.
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

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 Report Shows Trade, Investment Potential Between Korea and Latin America and Caribbean

September 29, 2022
SEOUL – Vibrant trade and investment ties between Korea and Latin America and the Caribbean have the potential to create more robust bilateral and global value chains that help solve some of the major global challenges in food, energy and climate, a new report by the Inter-American Development Bank says.
2022-09-29

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

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