2022 Annual Meeting Inaugural Session Will Be Streamed Live on Monday, March 28

March 22, 2022
Registration is open to members of the media until March 25 The inaugural session of the Inter-American Development Bank and IDB Invest Annual Meeting will be transmitted live on Monday, March 28 at 8:30 a.m. EDT (Washington D.C.).
2022-03-22

IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean

February 24, 2017
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

IDB’s new accountability mechanism becomes effective

September 09, 2010
The new Independent Consultation and Investigation Mechanism (ICIM) started operations as part of the Inter-American Development Bank’s efforts to increase the transparency, accountability and effectiveness of its operations. The Board of Executive Directors declared that the ICIM is effective as of September 9, 2010. The ICIM can now address complaints filed by individuals or groups who feel affected by projects financed by the IDB.

Cross Debarment: A new global tool against corruption

April 28, 2010
The cross debarment agreement signed recently by the world’s top multilateral banks is a milestone for the anticorruption agenda.  Due to come into force by mid-year, the agreement says that if one Multilateral Development Bank (MDB) declares a firm or individual ineligible for procurement contracts because of fraud and corruption, then all the other MDBs will do the same.

The IDB, a partner of Colombia in development

March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Inter-American Development Bank named Best Multilateral by LatinFinance

November 07, 2008
LatinFinance, the leading source of financial market intelligence for the Latin American and the Caribbean, named the Inter-American Development Bank (IDB) as the best multilateral institution this year. LatinFinance praised the bank’s efforts to finance the largest ongoing infra-structure projects in the region, highlighting the bank’s innovative lending instruments.

Malaysian leader calls for strong anti-corruption legislation

December 08, 2006
Anwar Ibrahim, former deputy prime minister and finance minister of Malaysia, called for strong legislation and enforcement to fight corruption, but he warned that such measures should be apolitical.  Speaking at the IDB Forum of the Americas at the Bank’s headquarters in Washington, D.C., Ibrahim delivered on December 7 an address on "The Central Role of Governance and Accountability in Achieving Development Goals in the 21st Century".

Latin America and the Caribbean prepare for a pandemic

July 10, 2006
Worldwide, more than half the people who have contracted the H5N1 bird flu virus strain have died from the disease, according to the World Health Organization’s official tally. Just in 2006, 55 of the 85 people who contracted the disease died from it.  

The IDB's Office of Institutional Integrity (OII) releases its 2005 Annual Report

March 27, 2006
Corruption greatly undermines the building of inclusive, democratic and transparent societies in Latin America and the Caribbean, threatening both economic and social development in the region as well as the mission of the IDB, noted Bank President Luis Alberto Moreno in introducing the 2005 Annual Report for the Office of Institutional Integrity.

President Luis Alberto Moreno reaffirms zero tolerance towards corruption

February 16, 2006
On February 16, 2006, a former employee of the Inter-American Development Bank entered a guilty plea before the United States District Court for the District of Columbia to charges against him for wire fraud involving resources of the Bank, agreeing to make full restitution of such resources.  The fact of the criminal conduct was discovered by the Bank and referred for action to the U.S. authorities.  Sentencing is scheduled for April 25, 2006.