IDB Group sets climate-related financing at an annual floor of 30% until 2023

January 30, 2020
The Board of the IDB Group, in its 2020-2023 Corporate Results Framework, has set the financing related to climate change to an annual floor of 30% for each of its windows, which includes the IDB, IDB Invest and IDB Lab, for the next four years.

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.

Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor

IDB joins the Network of Central Banks and Supervisors for Greening the Financial System

December 11, 2019
The Inter-American Development Bank (IDB) has joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) as an observer.

Damages and other impacts on Bahamas by Hurricane Dorian estimated at $3.4 billion: report

November 15, 2019
GREAT ABACO, The Bahamas – A new report estimates the total cost of the impacts and effects of Hurricane Dorian on The Bahamas at $3.4 billion, with hundreds dead or missing and impacts on the economy that will last for years.

IDB will hold Policy Dialogue and Forum on Better Management and Public Expenditure

October 31, 2019
Decision-makers and experts from Latin American and Caribbean countries will hold the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization Network and Subnational Fiscal Management in Sao Paulo, Brazil, which will address the issue of better management and quality of public spending  The Inter-American Development Bank (IDB), through the Fiscal Management Division, will conduct the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization and Subnational Fiscal Management Network of Latin America and the

Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Latin Americans express broad support for trade, survey shows

September 24, 2019
Support depends on how the information is framed, with important implications on public policies Latin Americans back more trade by big margins, though an innovative experiment finds support is fragile and may be swayed by information emphasizing negative consequences, according to a study by the Inter-American Development Bank.

Advances in key fiscal expenditure to finance climate change

August 29, 2019
SANTIAGO, Chile – Advances on the basic elements to build a methodology that identifies public spending on climate change and produces information for decision makers, has been the main result of a regional workshop conducted by the Inter-American Development Bank (IDB) and the Ministry of Finance of Chile, in collaboration with regional and international institutions and with governments of Latin America and the Caribbean.