The Inter-American Development Bank (IDB) announced on June 13 that it will provide R$1.6 billion (approximately US$283 million) in grants to Haiti for projects ranging from school meals and hospital renovations to basic infrastructure development.
The funding forms part of the 2025–2030 Recovery Plan for Haiti, which the IDB is helping to lead at the request of Haitian authorities and in coordination with the United Nations, the European Union, and the World Bank.
The announcement was made at the Brazil-Caribbean Summit held at the Itamaraty Palace in Brasília, where heads of state and government leaders from CARICOM and Brazil convened to deepen regional cooperation.
As part of the recovery effort, the IDB also plans to finance private-sector development projects in Haiti, particularly in areas outside of the capital, Port-au-Prince, to help generate economic opportunities and stability.
“The IDB is fully committed to the development of Caribbean countries. Together with leaders from the region and Brazil, the IDB is working to strengthen resilience and security and generate opportunities throughout the region,” said IDB President Ilan Goldfajn. “In this regard, within the framework of our ONE Caribbean program, the IDB is ready to contribute, including with a new fund, by promoting integration by offering regional initiatives as well as providing resources and support to Haiti.”
Among the other major initiatives unveiled:
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Multi-Country Debt-for-Resilience Swap: At the request of CARICOM Chair and Barbados Prime Minister Mia Mottley, the IDB is coordinating with other multilateral institutions to develop a standardized regional debt-for-resilience swap framework. The goal is to create fiscal space, improve transparency, and redirect debt savings into regional public goods that strengthen climate and economic resilience.
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Caribbean Multi-Donor Fund: The IDB launched the Caribbean Multi-Donor Trust Fund under its ONE Caribbean program, with an initial US$13 million commitment from Canada and the United Kingdom. The fund will support collective action in areas such as citizen security, private-sector growth, food security, and disaster risk management. The IDB is inviting additional countries and institutions, including Brazil, to contribute.
The IDB’s ONE Caribbean platform, along with existing efforts such as the ONE SAFE Caribbean initiative and regional project preparation coordination mechanisms, aims to demonstrate that regional integration can yield real and lasting development benefits.
To date, the IDB has launched 11 regional initiatives as part of its commitment to advancing resilience, opportunity, and security across the Caribbean.
 announced on June 13 that it will provide US$283 million in grants to Haiti.){kind=link}