Inter American Development Bank

The Inter-American Development Bank (IDB) is an international development finance institution established in 1959 and headquartered in Washington, D.C. It serves as a key source of development financing for Latin America and the Caribbean, focusing on economic, social, and institutional development as well as regional integration. IDB's mission is to improve lives by promoting sustainable development that reduces poverty and inequality. The bank provides financial support through loans, grants, and guarantees for projects in various sectors, including infrastructure, health, education, and small businesses. It also offers technical assistance, policy advice, and training to enhance project effectiveness. Additionally, IDB conducts economic research and supports private sector development through its units, IDB Invest and IDB Lab. The IDB collaborates with 26 borrowing member countries and 22 non-borrowing member countries, including the United States. Its strategic focus includes social inclusion, productivity, economic integration, and addressing climate change, making it a vital partner for sustainable development in the region.