The IADB is the main source of multilateral financing in Latin America to provide solutions to development challenges and support in the key areas of the region, mainly through financial and technical support. The institutional aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, the IADB is today the leading source of development financing for Latin America and the Caribbean. Through the ongoing provision of loans, grants, and technical assistance, as well as the conduction of extensive research, the IADB has a strong commitment to achieve measurable results, while always maintaining the highest standards of integrity, transparency, and accountability. The Bank’s current focus areas include three development challenges – social inclusion and equality, productivity and innovation, and economic integration – and three cross-cutting issues – gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.