Building on the strategic relationships we have established throughout the region, we work closely with our partners to help our clients succeed—not only in business, as important as that is - but in terms of impact too. And we hold ourselves accountable for results.
In re-introducing ourselves to the world as IDB Invest, in 2017, we wanted to convey that this is a new organization, one that is bringing a new dynamism and new resources to our work with the private sector in Latin America and the Caribbean. Our goal is to be the best ally for the region’s best companies.
Part of that means meeting our clients where they are, to better understand their challenges and opportunities and the markets where they operate. In addition to our headquarters in Washington, D.C., we have established four regional hubs —in Bogotá, Buenos Aires, Panama City and Port of Spain— and have representatives in all 26 of our member countries.
As a member of the IDB Group, we are a start-up with history. We draw on the experience and knowledge the Inter-American Development Bank has accumulated over the course of nearly six decades. Our close cooperation with the IDB, which serves the public sector, creates synergies that benefit our clients and the whole region.
Leading by example
At IDB Invest, we are setting an example in climate finance. With 35 percent of our investments related to climate action, we are already the greenest multilateral development bank—this according to figures in the 2016 Joint Report on Multilateral Development Banks’ Climate Finance—, and we are working to increase that portfolio.
Equal Opportunities for Everyone
At IDB Invest, we believe that gender equality is essential for societies, markets and communities to thrive and for people to reach their full potential. As the IDB Group, we want to help foster inclusion and reduce the gender gap in Latin America and the Caribbean. In 2017 we launched the “100% Committed to Gender Equality” campaign as the IDB Group. We share stories from our clients that show how gender-equality practices have increased the impact on development and led to better business results.
Additionally, in November 2017 we received the Assess level of EDGE Certification (Economic Dividends for Gender Equality), joining the IDB and other multilateral development banks that are actively fostering gender-equal workplaces. This achievement reflects our strong gender composition when compared with that of other international finance institutions, in terms of the share of women in junior and senior management positions. Read Press Release.
Investment in Youth
Launched for the first time in 2017, our Crea tu futuro program—"Create Your Future”—offered young professionals in the region the opportunity to work with us for 36 months, to explore how they could best contribute to sustainable development and help us tackle tomorrow’s challenges. The first chapter of that program drew more than 700 candidates, for 18 positions to work with us at IDB Invest. Given its success, a second chapter of this program was launched in 2018.