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 to Help Bolivia Upgrade its Airport Infrastructure

October 14, 2022
The Inter-American Development Bank (IDB) approved a $60,200,000 loan to modernize its Joya Andina and Capitán Oriel Lea Plaza airports in Uyuni and Tarija, integrating regions, enhancing connectivity, and boosting tourism in Bolivia.
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 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

Paraguay to Spur Economic Recovery and Fiscal Sustainability with IDB Support

June 07, 2022
Paraguay will buoy its post-pandemic economy recovery and fiscal sustainability through a $250 million loan from the Inter-American Development Bank (IDB) for more effective and efficient public policies and public resource management. This operation is the second of two contractually independent but technically linked loans for policy reform to support Paraguay during and after the pandemic. The first $210 million loan was approved in 2020.
2022-06-07

IDB Study Shows Path to Digitally Transforming Transportation in LAC

May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
2022-05-10

Tax Revenues in LAC Take a Historic Hit Before Showing Early Signs of Recovery

April 27, 2022
Tax revenues in Latin America and the Caribbean (LAC) fell by 8.0 percent on average in nominal terms and by 0.8 percent as a share of GDP in 2020 because of the COVID-19 pandemic, according to a new report released today. However, the region’s economic recovery and a rebound in commodity prices supported a recovery in tax revenues in 2021.
2022-04-27