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.  
2022-11-20

State of São Paulo to Boost Sustainability of Municipalities and MSMEs with IDB Loan

October 28, 2022
The Inter-American Development Bank (IBD) approved a $110 million loan to the Desenvolve São Paulo development agency in Brazil to finance the sustainable projects of municipalities and micro, small, and medium-sized enterprises (MSMEs) in the state of São Paulo. The operation aims to helps close infrastructure financing gaps and stimulate a sustainable economic recovery that in the country.
2022-10-28

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.
2022-08-23

IDB Report: Better Access to Financing for Firms Could Drive Growth and Jobs in Caribbean

August 08, 2022
A new report from the Inter-American Development Bank (IDB) and IDB Invest recommends Caribbean countries focus on overcoming obstacles to financial access and inclusion for businesses, because having more developed and inclusive financial systems could increase growth and reduce poverty and income inequality.
2022-08-08

IDB Enables Brazil's Immense Investment Opportunities, Approves Infrastructure Credit

June 15, 2022
On the final day of the Brazil Investment Forum (BIF), Latin America's largest foreign-investment event, IDB President Mauricio Claver-Carone reinforced the institution's commitment to enabling vital foreign direct investment and public-private partnerships for the country's sustainable and inclusive development, while announcing the approval of a $150 million infrastructure loan.
2022-06-15

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.
2022-06-14

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.
2022-06-14

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.
2022-06-09

Green Bond Transparency Platform Becomes Key Reporting Tool for Latin American Issuers

April 27, 2022
Just a year after its launch, the Green Bond Transparency Platform (GBTP) has become the key reporting tool for issuers in the Latin America
2022-04-27

Study: Fintech Industry Doubles in Size in Three Years in Latin America and the Caribbean

April 26, 2022
Third edition of IDB, IDB Invest and Finnovista study highlights the rise of the fintech ecosystem in Latin America and the Caribbean, growing 112 percent from 2018 to 2021. The COVID-19 pandemic prompted the digitalization of numerous activities and sped up the adoption and consolidation of digital finance from fintech platforms in the region. Besides the payments and digital lending segment, the largest in the region, other emerging relevant verticals include business technology platforms for financial institutions, digital banks, and insuran
2022-04-26