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.
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.
IDB Lab Participates in a Pioneering Fund to Help Finance Climate Change Adaptation
November 08, 2021
The first regional microfinance loan fund for climate change adaptation will go to rural areas of Mexico, Ecuador, Peru, and Central American countries. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), has participated in the creation of a pioneering fund to provide microfinance loans for climate change adaptation to small farmers in Latin America.
Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum
October 28, 2021
The Inter-American Development Bank Group’s flagship event ended after three days of panels on innovative entrepreneurship and its role in the region’s post-pandemic recovery. Innovative entrepreneurship and the role of digital solutions, new technologies, and business models to speed up an inclusive, green, and resilient recovery of the region were the three pillars of the first edition of IDB Lab Forum.
IDB Lab and Microsoft Launch Event Focused on Innovative Entrepreneurship
October 12, 2021
The first edition of IDB Lab Forum will be held from October 26 to 28 with the objective to promote innovation for inclusion in Latin America and the Caribbean. The Inter-American Development Bank, through its innovation laboratory, IDB Lab, and in collaboration with IDB Invest, launch IDB Lab Forum, a high-level, global event with regional reach that puts innovative entrepreneurship at the center, highlighting how technology, digital solutions and new business models are improving lives in Latin America and the Caribbean.
New program seeks to improve the financial resilience of entrepreneurs and workers
May 17, 2021
The two-year program in Latin America will use behavioral science to help build resilient futures as economies continue to recover. The impact of in-app modifications and notifications on profits, savings, and use of insurance products, considered as the three paths toward financial resilience for small businesses and gig workers, will be studied within digital platforms. If you’ve been thinking more and more about saving money during the past year, you're not alone.
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 “
IDB and partners launch program to empower women in trade and global value chains
March 18, 2021
The Inter-American Development Bank, in collaboration with private-sector leaders, today launched "Women Growing Together in the Americas", a program to encourage women entrepreneurs in Latin America and the Caribbean to integrate their businesses into foreign trade and regional value chains.
IDB and Google Partner to Strengthen Small Businesses in Latin America and the Caribbean
February 17, 2021
Google invests $8 million to be administered by IDB Lab to ensure the continuity of microfinance institutions in the region The current COVID-19 crisis poses an unprecedented challenge to the continuity of microfinance institutions (MFIs), especially small- and medium-sized ones, in a context where financial services are needed more than ever for small businesses.
IDB, PepsiCo, and PepsiCo Foundation Expand Partnership to Foster Growth
January 12, 2021
The partnership includes IDB Lab, the IDB’s innovation laboratory, and has been extended through 2026 The Inter-American Development Bank (IDB), its innovation-focused IDB Lab, PepsiCo, and the PepsiCo Foundation signed today a new memorandum of understanding extending their public-private partnership until 2026 to carry out programs that will drive social and economic growth in Latin America and the Caribbean.