Focus on Resilience at IDB Group’s XI Consultation of Caribbean Governors
March 06, 2023
This is first official visit to the Caribbean by the new IDB President Ilan Goldfajn. Three countries move ahead with investments in education, health, digital transformation and resilient infrastructure. PORT-OF-SPAIN, Trinidad and Tobago — The Inter-American Development Bank Group (IDB Group) is holding its XI Annual Consultation with the Governors of the countries comprising its Caribbean Country Department and the President of the Caribbean Development Bank on March 5–7 in Port-of-Spain, Trinidad and Tobago.
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 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.
IDB to Support Ministry of Economy in Brazil's Path to OECD Accession
June 14, 2022
Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Brazilian Deputy Minister of Economy Marcelo Guaranys signed a commitment to broaden technical support for the Brazilian Ministry of Economy to align its policies with the best practices of OECD countries. A recent IDB study outlines efforts the Ministry has undertaken that follow OECD practices and contribute to the country's efforts to accede.
IDB and Federal Government of Brazil Host Latin America’s Premier Investment Event
June 14, 2022
The Brazil Investment Forum (BIF) highlights the country’s biggest economic opportunities, including over $7.8 billion in nearshoring potential. IDB President Mauricio Claver-Carone opened the two-day event, featuring nine panels and a session led by the IDB Group.
IDB and France Expand Latin America Partnership, Strengthen Sustainable Development Impact
June 09, 2022
The Inter-American Development Bank (IDB) and the Government of France, through the French Development Agency (AFD), to continue expanding their productive partnership in LAC. The IDB-AFD joint pipeline for 2022 has identified areas of collaboration of $593 million for the private sector and over $1.5 billion in sovereign guaranteed operations in Costa Rica, Dominican Republic, Colombia, and Ecuador.
AWEX of Belgium and the IDB establish alliance for sustainable development in the Amazon
March 17, 2022
Agence Wallonne à l’Exportation et aux Investissements Etrangers (AWEX) has contributed $2 million to support IDB’s Amazon Initiative.
Central America, Panama and the Dominican Republic are Recovering, but Face Challenges
March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.
Korea Contributes $4 Million to IDB Fund to Strengthen Public Sector Capacity
March 01, 2022
Korea-IDB partnership to expand with a new contribution to the Korea Public Capacity Building Fund (KPC) managed by the IDB. This contribution is the first installment of a $20 million pledge made by Korea to the KPC in late 2021.
Inter-American Development Bank and the Rockefeller Foundation Announce Energy Partnership
October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.