Inter American Development Bank

The Inter-American Development Bank (IDB) is a prominent source of development financing for Latin America and the Caribbean, established in 1959 and headquartered in Washington, D.C. The IDB provides a range of financial products, including loans, guarantees, grants, and technical assistance to governments, enterprises, and development institutions. Its financing solutions encompass ordinary capital financing, concessional financing, and local currency financing, tailored to support various sectors such as agriculture, energy, transport, health, and education. The bank is owned by 48 member countries, with a significant portion of its funding directed towards the most vulnerable nations through its Fund for Special Operations. In addition to financial services, the IDB emphasizes research and reform initiatives to enhance development impact, integrity, transparency, and accountability within the region. Through its comprehensive approach, the IDB aims to foster sustainable development and regional integration, contributing to improved economic conditions and social investments in member countries.