Press Room

The Inter-American Development Bank Group and Chile will hold the Annual Meetings of the Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IDB Invest) in the country next year. IDB President Ilan Goldfajn and Chilean Minister of Finance Mario Marcel signed a memorandum of understanding today to confirm the plan. Once signed, the memorandum was presented to Chilean President Gabriel Boric. Chile will host the Meetings in March 2025 in the capital, Santiago de Chile, while thematic activities for regional authorities and local and

IDB Group launched the European BID for the Americas at events in Madrid and Rome. Launch of the program coincided with the 50th anniversary of the Madrid Declaration, which opened the bank’s membership to European countries. President Goldfajn held high level meetings including Meetings with President Sánchez, King Felipe VI and Pope Francis. ROME – The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, successfully concluded a four-day visit to Spain and Italy today to deepen ties with public and private-sector officials, entrepreneurs, academics and investors from across

The Inter-American Development Bank (IDB), IDB Invest, and IDB Lab launched today the 2024-2025 Natural Capital and Biodiversity Mainstreaming Action Plan, which aims to put biodiversity and natural capital more embedded within the Bank’s operations in areas where nature can support economic, social, and climate-smart development. The action plan will also help countries achieve their nature-positive objectives. Aiming for a multifaceted approach, the action plan articulates how the IDB Group will integrate natural capital into its work, from the dialogues it holds with countries to project

MANAUS, Brazil – The Inter-American Development Bank (IDB) announced today a technical cooperation agreement with the Brazilian Forest Service (SFB) and the National Bank for Economic and Social Development (BNDES) to support the structuring of public-private partnership (PPP) projects to sustainably manage subnational environmental assets in the Brazilian Amazon. The non-reimbursable technical cooperation of $1 million is funded by the Green Climate Fund (GCF) through the IDB's Amazonia Forever program. The cooperation will focus on helping structure subnational PPP projects for forest

The value of goods exports from Latin America grew at a year-on-year rate of 1.3% in the first quarter of 2024, after declining in 2023, a new study from the Inter-American Development Bank (IDB) reported. The boost in shipments from the region responded mainly to the growth in volumes exported by South America, according to the latest update of Trade Trends Estimates for Latin America and the Caribbean , which includes data accumulated as of the first quarter of this year. The value of the region's exports fell by 1.3% in 2023. “The outlook has improved significantly. Looking ahead, the