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 President Hails Brazil’s Digital Advances as Key to Harnessing Nearshoring Potential

June 14, 2022
SÃO PAULO — Brazil’s great strides in digitalization in recent decades have positioned it well to bolster its exports and participation in global trade. This was the message shared by Mauricio Claver-Carone, President of the Inter-American Development Bank (IDB), in his opening address at the Brasil Investment Forum (BIF) 2022 on Tuesday.
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

IDB Hosts Ministers and CEOs to Explore Nearshoring Investment Opportunities in Region

June 06, 2022
Latin America and the Caribbean could increase their exports by more than $70 billion in the short and medium term thanks to nearshoring, or the relocation of companies’ supply chains closer to end markets, according to preliminary data from a new study by the Inter-American Development Bank (IDB).
2022-06-06

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.  
2022-03-17

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.  
2022-03-14

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.
2022-03-01

IDB Visits Spain to Encourage Investment in Latin America and the Caribbean

November 18, 2021
Spain will host the IDB's non-regional members meeting in February 2022. MADRID - IDB President Mauricio Claver-Carone and members of his executive team concluded a successful visit to Madrid to encourage greater investment in Latin America and the Caribbean to boost the region’s post-pandemic recovery. The mission’s main objective was to strengthen international trade and attract financing and businesses that will accelerate the region's digital transformation and contribute to its sustainable and inclusive growth.
2021-11-16