IDB Signs Important Agreements with Argentina, Chile, Colombia, Honduras and Uruguay at Annual Meeting
March 21, 2023
The presence of Governors and international partners enabled the signing of 13 credit contracts and other agreements within the meeting’s framework.
IDB Centers Support on Social Development, Climate Impact and Sustainable Growth in Central America and Dominican Republic
February 21, 2023
SAN PEDRO, Belize – The Governors of Inter-American Development Bank (IDB) member countries in Central America and the Dominican Republic have gathered in Belize on February 20 and 21 for their 36th annual meeting.
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.
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.
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.
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.
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.
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.
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.
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.