Inter-American Development Bank

The Inter-American Development Bank Group (IDB) is a multilateral development bank that finances business and development activities in Latin America and the Caribbean. It has 48 member countries within and outside the region, and is made up of the IDB, which finances public sector projects, and IDB Invest which provides financing to the private sector.

The IDB Group has a mission to improve the quality of life in Latin America and the Caribbean, and it has the power to support the realization of human rights with its financing. Too often, however, the institution finances projects that lack meaningful participation of local communities, generate conflict, and violate human rights. For this reason, it is important that civil society has the capacity to monitor and influence IDB’s investments and activities. 

IDB and IDB Invest are currently revising and updating their social and environmental policy frameworks. The policies adopted by the IDB have a big impact on the region, not only for the communities directly impacted by IDB investments, but because they influence standards for both the public and private sectors throughout the region. For this reason, civil society groups are demanding a revision process that is transparent, inclusive and participatory and that results in stronger protections for human rights and the environment.

For more information on the IDB safeguards revisions, contact Carolina Juaneda, Bank Information Center. You can register with IDB here to participate in consultations.

For more information on how to monitor and help shape specific IDB projects, contact Gonzalo Roza, FUNDEPS.

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