IDB Signs Important Agreements with Argentina, Chile, Colombia, Honduras and Uruguay at Annual Meeting
March 21, 2023
The presence of Governors and international partners enabled the signing of 13 credit contracts and other agreements within the meeting’s framework.
IDB and Caribbean Shipping Association Accelerate Decarbonization of the Shipping Industry
March 18, 2023
The partnership reinforces the commitment to support the decarbonization of the maritime transport sector, reducing greenhouse gas emissions in Latin America and the Caribbean.
IDB Centers Support on Social Development, Climate Impact and Sustainable Growth in Central America and Dominican Republic
February 21, 2023
SAN PEDRO, Belize – The Governors of Inter-American Development Bank (IDB) member countries in Central America and the Dominican Republic have gathered in Belize on February 20 and 21 for their 36th annual meeting.
Agribusiness, Construction and Tourism Could Drive Central America’s Economy in 2023
February 12, 2023
A new Inter-American Development Bank (IDB) study points to agribusiness, construction and tourism as the industries with the greatest potential to generate jobs and growth in Central America, Mexico, Panama and the Dominican Republic. The study found that higher production in these industries could galvanize the regional economy in 2023 for two reasons: the large volume of inputs they require from all other industries, and their economic clout, since they account for 22% of the region’s output.
Guatemala to Revamp Northern Road Corridor with IDB Support
January 18, 2023
The Inter-American Development Bank (IDB) has approved a $175 million loan to widen approximately 35 kilometers of the El Rancho–Teculután section of northern Highway CA-9 in Guatemala. The program is a strategic and crucial step towards expanding the country’s main route for exports, a process already in progress. The engineering works will benefit the approximately 25,281 people who travel this section of the highway daily and will give better road access to 442,375 people in the departments of El Progreso and Zacapa.
Argentina to Aid Small Wine Producers, with IDB Support
January 12, 2023
The Inter-American Development Bank (IDB) approved a $40 million loan to Argentina to boost the social, economic and environmental sustainability of the country’s wine and grape production.
IDB Lab Announces the Results of its Digital Tokens for Biodiversity Challenge
January 04, 2023
The Inter-American Development Bank (IDB) and its innovation laboratory, IDB Lab, announce the results of their Digital Tokens for Biodiversity Innovation Challenge. This initiative was launched to identify innovative solutions that use these instruments to promote biodiversity conservation and facilitate action in the face of climate change.
Bolivia to Improve Water Security with $500 Million in IDB Financing
December 15, 2022
The Inter-American Development Bank (IDB) approved a line of credit of up to $500 million to boost Bolivia’s water security and help ensure a sustainable supply of irrigation and drinking water.
Bolivia to Improve Road Connections in La Paz with IDB Support
December 09, 2022
The Inter-American Development Bank (IDB) approved a $50 million loan to better connect the Department of La Paz and further integrate its economy. This funding will be used to improve and pave a 33.1 kilometer stretch of Highway RVF19 Botijlaca-Caquiaviri, lowering travel costs and times. With a focus on safety, sustainability, and inclusion, the program will also implement better road safety standards, and the roadworks will be engineered to meet climate-resilient design standards.
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.