IDB
- Score:
- 77.5
- Position:
- 4 / 10 (Sovereign)
Overview
The Inter-American Development Bank (IDB) provides concessional and non-concessional loans, loan guarantees, grants, and technical assistance to middle and lower-income countries in Latin America and the Caribbean. IDB became an IATI member in 2011 and first published to the IATI Standard in March 2013. IDB manages the IDB Group’s sovereign-backed lending, while a separate entity, IDB Invest, manages the private sector portfolio. IDB was established in 1959.
Analysis
Overall, IDB ranked 4th out of the 10 sovereign portfolios assessed, scoring 77.5 out of 100. Although it dropped one position from 3rd to 4th in the rankings, its score increased from 69.9 in 2023. A key improvement since 2023 was that the majority of projects from the sample were disclosed to IATI, enabling IDB to gain format points it had lost in 2023 due to inconsistent project uploads. It continued to rank top of the Financial Information component due to publishing data for all indicators.
IDB ranked 3rd in the Core Information component, scoring 22.13 out of 30 and maintaining its 2023 ranking. It made progress by adding data that was previously only available in PDF format to its bulk download, including disbursement information and client names, and by introducing a new data point: the date of last update. However, IDB lost points for failing to disclose the investment contract consistently. It also continued to fall short by not providing project descriptions or sub-national location data in its bulk download or on IATI, as these remain available only in PDFs, and by not disclosing disbursement data consistently across all projects on IATI. Additionally, it still does not disclose client contact details or the disclosure date.
In the Impact Management component, IDB also ranked 3rd and scored 26.33 out of 30, improving slightly from its position as 4th in 2023. Its performance declined slightly across the organisational indicators because its country and sector strategies were not available on the IATI Registry. However, its overall score in this component improved, as activity indicators, metrics, and results were consistently disclosed across all sampled projects on IATI.
IDB came 5th in the ESG and Accountability to Communities component, scoring 19.92 out of 30, dropping from its position as 3rd in 2023. It scored for all policy level questions apart from early disclosure policy on the global level. At the project level, it gained points for consistently publishing summaries of E&S risks and project plans/assessments to IATI, but lost points since 2023 as not all sampled projects disclosed all identified E&S documents. It improved slightly on the assurance of community disclosure indicator between 2023 and 2025.
In the Financial Information component, IDB again ranked first, scoring 9.08 out of 10. It performed strongly across all indicators, with the only gaps being the absence of financial statements on the IATI Registry and inconsistent disclosure of detailed climate finance budget breakdowns across all projects.
Recommendations
- IDB should publish policy documents to the IATI Registry, including its annual report, country/sector strategies and financial reports/statements.
- IDB should disclose further Core Information data including client contact and disclosure date. It should consistently disclose investment contracts for all activities.
- It should include more data points in its bulk download file and to IATI that it already publishes elsewhere, including activity description and sub-national location. It should ensure disbursement is consistently disclosed on IATI.
- IDB should publish its approach to determining impact attribution. At the project-level, it should ensure that actual/current results data is consistently published to IATI across all investments.
- IDB should develop an early disclosure policy covering, at a minimum, high-risk projects and disclose investments in line with the policy.
- It should improve its IATI disclosure for E&S standards triggered and E&S documentation.
- IDB should improve the consistency of its assurance of community disclosure, including disclosing the date, place, method, documentation and language of disclosure.
- It should consistently disclose a budget breakdown for climate finance.