IDB, World Bank sign the first Framework Agreement for mutual reliance in procurement

May 08, 2020
The Inter-American Development Bank (IDB) and the World Bank have signed a Framework Agreement for mutual reliance in public procurement matters related to co-financed projects in Latin America and the Caribbean (LAC). This Agreement is consistent with international good practices, is based on both institutions’ common project procurement principles and brings forth a range of opportunities for the LAC Region.
2020-05-08

Business leaders unveil recommendations to face COVID-19

April 30, 2020
The Americas Business Dialogue (ABD), a mechanism for advancing a public-private dialogue on public policies, today released a series of recommendations that seek to support the governments of the hemisphere in their health and economic response to the emergency of COVID-19. The 17 measures proposed by ABD can be found in the document Policy Recommendations on Addressing the Coronavirus Disease (COVID-19) Pandemic and Mitigating Its Impacts.
2020-04-30

IDB launches Sustainability Report focused on climate resilience

April 22, 2020
The Inter-American Development Bank (IDB) launched today its 2019 Sustainability Report with information on its integrated approach to sustainability, the footprint of greenhouse gases (GHG) of its loan portfolio and the achievements of its Corporate Sustainability Program. For the first time, the report also includes information on the systematic assessment of disaster risk and climate change from its projects.
2020-04-22

IDB approves more funding for Central America and the Dominican Republic to fight COVID-19

April 17, 2020
Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.
2020-04-17

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB teams up with TransparentBusiness to facilitate remote access technologies for SMEs

March 20, 2020
CloudWorking trainings will be held to facilitate the successful implementation of remote work programs. The agreement includes the donation of TransparentBusiness licenses to startups and SMEs founded by women. The Inter-American Development Bank (IDB) will join forces with TransparentBusiness, the platform for verifiable management of geographically distributed teams, to facilitate access to remote working technologies to SMEs in Latin America and the Caribbea
2020-03-20

IDB Group statement on coronavirus cases at Brazil Country Office

March 13, 2020
Bank has taken comprehensive measures to limit the spread of virus, including mandatory telework at Headquarters and all Country Offices beginning March 16 The IDB Group announced today that two employees at its Country Office in Brazil have tested positive for the coronavirus. The IDB Group, in line with guidance from the Brazilian Ministry of Health and international health institutions, is taking steps to protect the wellbeing of the employees and anyone else who may have recently come into contact with them.
2020-03-13

IDB ready to help member countries address coronavirus

March 11, 2020
Bank can rapidly assign $2 billion for efforts to contain the pandemic and strengthen health services The Inter-American Development Bank is actively engaged in coordinated efforts to fight the COVID-19 outbreak with member countries and other international institutions, and is prepared to help countries throughout Latin America and the Caribbean cope with challenges posed by the pandemic.
2020-03-11

Government of Colombia and IDB Group agree to reschedule annual meeting

March 10, 2020
Gathering will take place in Barranquilla, Colombia, in the first half of September 2020 The President of Colombia participated via telephone in a meeting of the IDB Board The Board of Executive Directors of the Inter-American Development Bank, in a meeting with the participation of the President of Colombia, Ivan Duque Marquez, announced today that the IDB Group’s 2020 Annual Meeting has been rescheduled and will take place in Barranquilla, Colombia, in the first half of September 2020.
2020-03-10

IDB Launches Public Consultations for new Environmental and Social Policy Framework

January 14, 2020
The Inter-American Development Bank (IDB) today launched the public consultation process for a new Environmental and Social Policy Framework. The draft policy framework under consultation is a key element of a broader modernization process aimed at strengthening the environmental and social sustainability of IDB’s operations and allowing for a more effective response to the challenges faced by Latin American and Caribbean countries seeking sustainable growth.
2020-01-14