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Inter-American Development Bank Annual Report 2024: Financial Statements
The Inter-American Development Bank (Bank or IDB or IADB) is an international institution established in 1959, pursuant to the Agreement Establishing the Inter-American Development Bank (the Agreement) and is owned by its member countries. These members include 26 borrowing member countries and 22 non-borrowing member countries. The five largest members by shareholdings (with their share of total voting power) are the United States (30.0%), Argentina (11.4%), Brazil (11.4%), Mexico (7.3%) and Japan (5.0%). The mission of the IADB is to contribute to the acceleration of the process of economic and social development of the regional developing member countries, individually and collectively. The Bank’s objectives are to reduce poverty and inequality, address climate change, and bolster sustainable regional growth. The IADB’s current operational focus areas include: (i) biodiversity, natural capital, and climate action; (ii) gender equality and inclusion of diverse population groups; (iii) institutional capacity, rule of law, and citizen security; (iv) social protection and human capital development; (v) sustainable, resilient, and inclusive infrastructure; (vi) productive development and innovation through the private sector; and (vii) regional integration. These focus areas support advancement on all seventeen United Nations Sustainable Development Goals (SDGs). The primary activities of the Bank are conducted through the Ordinary Capital and the IDB Grant Facility (GRF). Unless otherwise stated, all information provided in this Management‘s Discussion and Analysis (MD&A) refers to the IADB’s Ordinary Capital.
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