IDB, BNDES, Banobras and ALIDE Launch Latin American Hub of Infrastructure Projects

May 10, 2022
Unified portal presents concession and public-private partnership projects in the region to investors.

Inter-American Development Bank and Oracle Formalize Partnership

May 03, 2022
The Inter-American Development Bank (IDB) and Oracle America, Inc., signed an agreement to formalize and deepen collaboration between their institutions, with a focus on harnessing digitalization as a tool for sustainable development.  

EIB, IDB Agreement Accelerates Financing for Projects in Latin America & the Caribbean

April 25, 2022
EIB, IDB sign Mutual Reliance Agreement to accelerate co-financing of joint projects, enhance collaboration in the region. EU Bank delegation meets IDB President on the margins of the World Bank Group, IMF meetings in Washington. EIB Chair of the Multilateral Development Banks, President Werner Hoyer, encourages stronger global collaboration. The European Investment Bank (EIB) and the Inter-American Development Bank (IDB) signed a new agreement enabling them to better s

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.  

The IDB, Spain’s Ministry of Justice, and Casa de America Discuss Justice and Gender

March 11, 2022
An event held at Casa de America in Madrid was organized as part of International Women’s Day and explored how to work toward a more just, equitable future in Latin America and the Caribbean. Recently, a Memorandum of Understanding formalized cooperation between Spain’s Ministry of Justice and the Inter-American Development Bank (IDB). Event participants included Spain’s Minister of Justice, Pilar Llop; IDB Chief of Staff and Chief Strategy Officer, Jessica Bedoya; Prosecutor from the Office of the Public Prosecutor for Violence against Women

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.

Israel Commits to IDB Cybersecurity Initiative in Latin America and the Caribbean

February 24, 2022
This $2 million grant by Israel will establish a new IDB led cybersecurity initiative in the region Israeli former Cyber Director General Yigal Unna met with IDB President Claver-Carone in 2021 to explore opportunities to expand Israel’s support for LAC’s cybersecurity transformation which began in 2016. The Government of Israel, through its Ministry of Finance (MoF) and the National Cyber Directorate (INCD) have joined the Inter-American Development Bank (IDB) to establish a new cybersecurity initiative.

Finland Joins NDC Pipeline Accelerator Multi-Donor Trust Fund

February 15, 2022
Finland has pledged €5 million to the Inter-American Development Bank’s (IDB) NDC Pipeline Accelerator Multi-Donor Trust Fund (ACL). The contribution makes Finland the newest partner of the ACL, an instrument that enables the IDB and its partners to support the planning, and designing and preparing investments in infrastructure, agriculture, and land-use management, in pursuit of progress on climate change in Latin America and the Caribbean (LAC).

Investment promotion can help attract multinationals and favor sustainable growth

December 10, 2021
Investment promotion strategies can help countries in Latin America and the Caribbean take advantage of new opportunities to attract multinational firms, boosting the region’s economic recovery, long-term growth, and sustainable development, according to a new report by the Inter-American Development Bank. According to the study, each $1 spent on investment promotion has generated up to a total of $56 in additional foreign direct investment (FDI), and each $10,000 assigned to investment promotion was associated with the creation of 5.5 jobs.

IDB, IDB Invest and University of the West Indies Sign Landmark Agreement

December 09, 2021
​​​​​Latin America and Caribbean’s leading development bank and one of its top universities to pursue joint research, initiatives, and exchange to help drive economic and social recovery and growth in region. Innovation; digital transformation and inclusion; climate action and resilience are priority areas for expanded collaboration. New phase of cooperation aims to establish UWI as a key academic partner f