On June 26, 2024, the Inter-American Development Bank (IDB) took the final step of a multi-year process that culminated with the approval of the Board of Executive Directors of a new Access to Information Policy for the Bank.
This new Access to Information Policy seeks to increase the IDB's transparency, strengthen corporate governance and improve its accountability.
As a next step, the Implementation Guidelines for the application of the Policy will be prepared, which will be circulated in due course for comments from the public and civil society organizations.
In 2019, the Bank launched a review of its Access to Information Policy. As part of this process, the Board of Executive Directors approved a Policy Profile that was submitted for public consultation.
Based on the outcome of the public consultation process and following recommendations from its Policy Evaluation Committee, the IDB presented a new policy proposal to the Board of Executive Directors in April 2022. The proposal was subsequently approved to be submitted for the first round of public consultation with stakeholders.
The process consisted of three phases:
The IDB held virtual dialogues with representatives of local and/or regional organizations.
The IDB held virtual meetings with key stakeholders and coordinated a 120-day period of open discussions, ending December 28, 2022. In addition, the Bank held five in-person meetings in Costa Rica, Jamaica, Colombia, Uruguay and the United States.
The IDB considered the comments received and prepared a report of this process (See the report in the list of Key Documents for the new round of participation). Based on the received inputs the Board of Executive Directors approved a revised version of the Policy.
The IDB held virtual dialogues with representatives of local and/or regional organizations.
The IDB held virtual meetings with key stakeholders and coordinated a 120-day period of open discussions, ending December 28, 2022. In addition, the Bank held five in-person meetings in Costa Rica, Jamaica, Colombia, Uruguay and the United States.
The IDB considered the comments received and prepared a report of this process (See the report in the list of Key Documents for the new round of participation). Based on the received inputs the Board of Executive Directors approved a revised version of the Policy.