The IDB and the Government of Sweden Launch Innovative Portfolio Guarantee in Guatemala

May 27, 2020
The Inter-American Development Bank (IDB) and the Government of Sweden have signed an agreement that establishes an innovative risk transfer mechanism to support development in Latin America and the Caribbean (LAC). The instrument will provide a Guarantee of up to $100 million from Sweden, enabling the IDB to increase lending up to $300 million for new projects in Bolivia, Colombia, and Guatemala.
2020-05-27

IDB Renews its Commitment to Support Migrant Host Countries

May 26, 2020
IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.
2020-05-26

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB approves more funding for Central America and the Dominican Republic to fight COVID-19

April 17, 2020
Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.
2020-04-17

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB to support sustainable development of Ecuador’s mining and energy sectors

March 12, 2020
The Inter-American Development Bank has approved a US$78.4 million loan to help promote sustainable and responsible investments in Ecuador’s mining and energy sectors in order to improve macroeconomic stability, boost productivity, and generate jobs. The program aims to reduce the energy sector’s emissions and enhance its efficiency and reliability through technical, environmental, legal and economic studies, while ensuring that investments help consolidate the country’s commitments to the implementation of the Paris Agreement, which Quito has ratified.
2020-03-12

IDB seeks to renew Central America development agenda for the next decade

February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.
2020-02-20

IDB approves project to improve social services in Ecuador

November 27, 2019
Ecuador is the first country to receive funds from the IDB's new Migration Initiative to support countries that take in migrants Ecuador will strengthen its social services in the areas of health, education and social protection for at-risk communities in several high-priority cities following approval of an Inter-American Development Bank project.  It is the first operation approved under a new modality that includes grant money to help cities that take in migrants.
2019-11-27

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.
2019-10-25

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.