The approval of the IDB’s Ninth General Capital Increase (IDB-9) in 2010 was complemented by a new institutional strategy reaffirming its commitment to sustainability and establishing two general objectives: advancing sustainable growth and reducing poverty and inequality.
Today, thanks to the Update to the Institutional Strategy approved in 2015, the IDB works toward three main development challenges:
- Social exclusion and inequality
- Low productivity and innovation
- Lack of regional economic integration
And it also strives to address three cross-cutting issues that need to be considered when addressing each of the three development challenges:
- Gender equality and diversity
- Climate change and environmental sustainability
- Institutional capacity and the rule of law
While the IDB Group applauds all efforts to sustainably improve lives in Latin America and the Caribbean, IndexAmericas defines this commitment to development as actions that seek to advance these same priorities in the region.