Inter-American Development Bank Sustainability Report 2018

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Mar 2019
Long-term economic growth and the reduction of poverty and inequality in Latin America and the Caribbean depend on development that is economically, financially, environmentally, socially, and institutionally sustainable. IDB is committed to maximizing the positive outcomes of our work. Sustainability has long been a core element of our work. Our institutional strategy reinforces the critical role sustainability plays in the region’s development, stating as its vision “to work in partnership with the region to increase productivity and reduce inequality in a sustainable way, and to ultimately transform Latin America and the Caribbean into a more inclusive and prosperous society.” The 2030 Sustainable Development Agenda, which includes 17 Sustainable Development Goals (SDGs), informed the development of IDB’s current institutional strategy. Each of the strategic priorities of the strategy is aligned to at least one of the 17 SDGs, and all 17 SDGs are covered by the strategy. The strategy also reaffirms IDB’s two broad objectives of fostering sustainable growth and reducing poverty and inequality— both of which are at the core of the 2030 Sustainable Development Agenda. In our annual Sustainability Report, we share our approach to sustainability and showcase some of the projects, initiatives, and research IDB financed and worked on with partners to contribute to the region’s sustainable development in 2018. A new theme is selected for the report each year. In the pages that follow, we take a closer look at our work on urban sustainability and at SDG 11 (Make Cities and Human Settlements Inclusive, Safe, Resilient, and Sustainable). The report is organized around the specific targets of SDG 11 to show our contributions to each. In addition, this report is accompanied by a Global Reporting Initiative (GRI) Annex. The GRI sets global standards for sustainability reporting, relying on best practices for reporting on a range of economic, environmental, and social impacts.