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Unlocking Development Financing through IMF Special Drawing Rights

The reserve assets can now be channeled through an innovative financial instrument proposed by the AfDB and the IDB, leveraging their value by up to four times to tackle climate change and address social needs.

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Agriculture

Multilateral Development Banks: Delivering as a System

The leaders of 10 MDBs announced steps to work together more effectively and increase the impact and scale of their work to tackle urgent development challenges.

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Heads of Multilateral Development Organizations holding hands together in a group photo - Financial Development - Inter American Development Bank - IDB

IDB and Brazil Promote New initiatives for Gender Equality

The agreement, signed during the IDB and IDB Invest Annual Meetings, provides for high-impact projects, leadership training and knowledge exchange to empower women.

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Gender and diviersity
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The IDB Climbs to Second Place in the 2024 International Aid Transparency Index

The Inter-American Development Bank (IDB) has achieved second place among 50 development organizations and aid donors evaluated in the 2024 Aid Transparency Index. This marks an improvement from the 2022 edition of the ranking, where IDB secured third place. 

The Aid Transparency Index, produced by Publish What You Fund (PWYF), is an independent ranking that measures the transparency of major global development assistance and financing institutions. The index evaluates data published in the International Aid Transparency Initiative (IATI) Standard.

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Study: Fintech Ecosystem in Latin America and the Caribbean Exceeds 3,000 Startups
- Between 2017 and 2023, LAC’s fintech ecosystem recorded 340% growth. - Brazil, Mexico and Colombia account for 57% of total companies. - Fintechs strengthen their position in the payments segment. BOGOTA – The fintech ecosystem registered growth of more than 340% in the number of technological finance startups created in the last six years, going from 703 companies in 18 countries in 2017, to 3,069 in 26 countries in 2023, according to the fourth report of the Fintech in Latin America and the Caribbean series (available in Spanish). The joint study by the Inter-American Development Bank (IDB
IDB Launches New Access to Information Policy to Enhance Transparency and Accountability

The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a new Access to Information Policy that will boost transparency and enhance accountability of the bank’s operations. The implementation of this new policy will help make the IDB a more responsive and inclusive institution. The new policy , which updates the IDB's current policy approved in 2010, seeks to maximize access to information by simplifying processes for requesting information, reducing disclosure exceptions, and using clearer language. The new policy will also foster a more open dialogue with
IDB Group Unveils the Five Finalists of its Superheroes of Development 2024 Contest
In its seventh iteration, the contest received a record 149 entries Today, the IDB Group announced the five finalists of Superheroes of Development 2024, an initiative that honors learning in development projects funded by the bank in Latin America and the Caribbean. The winning projects will receive...
September 13, 2024
IDB, WTO to Jointly Foster Digital Trade, Investment Facilitation, Inclusive Trade in Latin America and Caribbean
GENEVA, SWITZERLAND – The Inter-American Development Bank (IDB) and the World Trade Organization (WTO) agreed today to deepen their collaboration and work towards better trade for a better world. Both organizations will join efforts to foster digital trade, assist their members in investment...
September 12, 2024
IDB Launches $2 Billion 7-year Global Sustainable Development Bond
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $2 billion 7-year Global Sustainable Development Bond benchmark. The transaction pays a semi-annual coupon of 3.625% and matures on September 17, 2031.
September 10, 2024
IDB Lab Forum Focuses on Financing Innovation and Entrepreneurship to Generate more Inclusion, Climate Action and Productivity
The international meeting organized by the IDB's innovation and venture capital laboratory will promote innovative solutions that generate impact at scale in Latin America and the Caribbean.  IDB Lab, the Inter-American Development Bank's innovation and venture capital lab, will hold the third...
September 10, 2024
The Inter-American Development Bank to Boost Agricultural Productivity in Peru
The Inter-American Development Bank (IDB) has approved an $85 million loan to increase productivity in Peru’s agricultural sector by giving producers better access to innovation, technology transfer, and agricultural extension services. The agricultural sector is Peru’s second largest in terms of...
September 04, 2024
IDB Young Economist Award Celebrates Excellence in Development Economics Research
The Inter-American Development Bank (IDB) announced the winners of the IDB Young Economist Award, an accolade recognizing and celebrating outstanding research by recent PhD graduates with a keen focus on Latin America and the Caribbean. Pedro Miguel Casavilca Silva, of Yale University, won first...
September 03, 2024
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A conference room with people in chairs - Social development - Inter-American Development Bank - IDB XII Annual Consultation IDB Caribbean Governors
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Ilan Goldfajn, president of the IDB: "Society is increasingly impatient with inequalities" (only in Spanish)

El País

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Triple opportunity could transform Latin America’s fortunes, bank head says

Financial Times

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Rethinking Inequality in Latin America (by Ana María Ibáñez)

Project Syndicate

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Ilan Goldfajn, at the head of the IDB, calls for resolving inequalities in Latin America. (only in spanish)

France24

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