Inter-American Development Bank Sustainability Report 2022

Long-term economic growth and the reduction of poverty and inequality in Latin America and the Caribbean (LAC) depend on development that is economically, financially, environmentally, socially, and institutionally sustainable. At the Inter1American Development Bank (IDB), we are committed to maximizing the positive outcomes of our work, and sustainability has long been a core element of that work. Our institutional strategy reinforces the critical role sustainability plays in the regions development, building on the IDBs objectives: reducing poverty and inequality and fostering sustainable growth. In our annual Sustainability Report, we share our approach to sustainability and showcase projects and publications the IDB financed and worked on with partners to contribute to the regions sustainable development. We share key figures on the greenhouse gas (GHG) footprint of our lending portfolio, the climate finance we provide, our projects disaster and climate change risks, and the application of our environmental and social policies, including risk trends for the IDBs portfolio. We close the report with information about our corporate sustainability, looking at efforts to reduce our direct footprint where we live and work. Going forward, we will continue to evaluate and adjust the contents of our sustainability report to respond to shareholders and investors evolving expectations and needs for climate and other sustainability-related disclosures. In response to emerging sustainability reporting standards and the development of a new IDB Group strategy, we are currently embarking on a materiality assessment for this report, including the Global Reporting Initiative annex, that will be prepared pending the completion of the materiality assessment. The preparation of the Global Reporting Initiative annex that has accompanied this report for the past six years has been put on hold, pending the completion of the materiality assessment.