IDB and IDB Invest announce the virtual launch of the Green Bond Transparency Platform

April 19, 2021
The Inter-American Development Bank (IDB) and IDB Invest will virtually launch the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin America and the Caribbean green bond market. The virtual launch will take place on April 27, 2021 from 10:00 a.m. to 11:30 a.m. EST.
2021-04-19

IDB Group and Japan Expand Partnership to Support Recovery in Latin America and Caribbean

March 23, 2021
The Inter-American Development Bank (IDB) has expanded its longstanding partnership with the Government of Japan through a partnership amendment signed with the Japanese Ministry of Finance (MOF) and a new Memorandum of Collaboration (MOC) with the Japan International Cooperation Agency (JICA). The signings reflect reinvigorated commitment from Japan and the IDB Group to cooperate in pursuit of social and economic recovery in Latin America and the Caribbean (LAC).
2021-03-23

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “Vision 2025” agenda for recovery and sustainable economi
2021-03-21

Build the Americas, a new tool to incentivize greater competition in infrastructure bids

March 17, 2021
The Inter-American Development Bank today launched Build the Americas, a mobile application designed to increase transparency and competition in the bidding process for infrastructure projects it finances in Latin America and the Caribbean. The app provides access to information on upcoming IDB-financed procurements in sectors such as energy, transportation, and water and sanitation, while facilitating the connection between infrastructure developers and local suppliers of goods and services.
2021-03-17

Spain Invests €13.74 Million in IDB-Managed Strategic Fund

February 17, 2021
The Government of Spain, through its Ministry of Economy and Digital Transformation, and the Inter-American Development Bank (IDB) have expanded their historic partnership with a new Spanish contribution of €$13.7 million ($16.7 million) to the Spanish General Cooperation Fund.
2021-02-17

IDB unveils roadmap for sustainable, inclusive development in the Dominican Republic

November 18, 2020
The IDB presents the report BIDeconomics Dominican Republic: Opportunities for Sustainable, Inclusive and Resilient Development The report identifies three fundamental challenges for the country: human capital, institutional capacity and productive transformation.  The Dominican Republic is at a turning point in terms of economic and social development.
2020-11-18

IDB approves new Environmental and Social Policy Framework

September 16, 2020
The Board of Executive Directors of the Inter-American Development Bank (IDB) today approved a new Environmental and Social Policy Framework (ESPF).  The new ESPF is the result of a rigorous process that spanned 20 months and was based on an inclusive, transparent, and participatory public consultation process. An External Advisory Panel of Experts also helped improve the framework by providing valuable contributions.
2020-09-16

IDB Launches Pivot Movement to Strengthen Caribbean Innovation

September 03, 2020
The Inter-American Development Bank (IDB) has launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. The Movement includes a crowdsourcing contest and an event. Pivot Search is the crowdsourcing platform to receive new development ideas. It runs from September 2 to September 18, with a $5000 cash prize for each of the three winners.
2020-09-03

World Water Week 2020: the IDB leads the Focus on Latin America and the Caribbean

August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
2020-08-25

MDB climate finance in low and middle-income countries reaches US$41.5 billion in 2019

August 06, 2020
THE 2019 REPORT COVERS FOR THE FIRST TIME MDBs' CLIMATE FINANCE ACROSS ALL COUNTRIES Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance.
2020-08-06