IDB and IDB Lab Launch Challenge on Silver Economy in Latin America and the Caribbean

June 16, 2021
The challenge aims to turn aging into an engine of social inclusion and economic recovery. The Inter-American Development Bank (IDB) with its innovation laboratory, IDB Lab, has opened the Silver Economy Innovation for Inclusion Challenge, to find and support innovative solutions that facilitate the growing population of seniors to become an engine of social inclusion and economic recovery in the Latin American and the Caribbean region.
2021-06-16

Honduras to improve drinking water and sanitation services with support from IDB

June 11, 2021
Nearly 31,000 households in rural areas and towns of up to 30,000 inhabitants will gain access to water and sanitation services with a US$45 million loan approved by the IDB. The Inter-American Development Bank (IDB) has approved a US$45 million loan to finance the Potable Water and Sanitation Program in Honduras, which will benefit nearly 31,000 households in rural areas and towns of up to 30,000 inhabitants by providing them with new and improved access to these basic services.
2021-06-11

Argentina will improve drinking water and sanitation services with IDB support

June 10, 2021
Over 184,000 households from communities will less than 50,000 inhabitants will be provided with new or improved water and sanitation services with the support of a US$200 million loan approved by the IDB.   The Inter-American Development Bank (IDB) has approved a US$200 million loan to finance a water and sanitation program for small communities in Argentina. The program will benefit over 184,000 households from communities with less than 50,000 inhabitants by providing them with new and improved connections to these basic services.
2021-06-10

IDB supports private participation arrangements in Colombia’s infrastructure

June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.
2021-06-10

Haiti will improve basic education outcomes with IDB support

June 09, 2021
Project of US$50 million approved to support the implementation of the Education Sector Plan pillars; access, quality and governance, and teaching and learning improvements in basic education in Haiti. The Inter-American Development Bank (IDB) approved a US$50 million grant to support the improvement of basic education in Haiti. The Project will support the government in implementing the key areas of the new Education Sector Plan 2020 – 2030 (PDEF).
2021-06-09

Colombia to boost digital transformation of justice with IDB support

June 09, 2021
The Inter-American Development Bank (IDB) has approved a credit line of up to $500 million to support the digital transformation of Colombia’s justice system, promoting an integrated approach and a medium- and long-term vision to improve judicial service delivery.
2021-06-09

IDB launches USD 600 million 10-year SOFR Index-Linked Global Bond

June 04, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new USD 600 million 10-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. The transaction pays a quarterly floating coupon of Compounded SOFR + 36 basis points and matures on June 10, 2031. The settlement date is June 10, 2021.
2021-06-04

Guatemala will contribute to mitigate climate change with efficient use of firewood

June 04, 2021
The program, financed by an IDB grant, will benefit 225,000 homes in rural and indigenous communities throughout the country. The Inter-American Development Bank (IDB) has approved US$12.98 million in nonreimbursable financing to help Guatemala lessen greenhouse gas emissions in the energy sector through reductions in consumption and efficient use of firewood. 
2021-06-04

Latin America trade recovers from pandemic impacts

June 03, 2021
The value of exports from Latin America grew 8.9 percent in the first quarter of 2021 compared to the same period in the previous year, consolidating a change in trend after the contraction caused by the COVID-19 pandemic, a new report from the Inter-American Development Bank has found. The drop in the value of exports in 2020 was 9.0 percent.
2021-06-03

Chile to speed up decarbonisation and energy transition with IDB support

June 02, 2021
The program will support the country’s strategy to produce green hydrogen by 2030 and promote energy technology innovation efforts. The Inter-American Development Bank (IDB) has approved a US$50 million loan to support Chile’s policy reforms aimed at speeding up its energy matrix decarbonisation and transition to carbon neutrality. The program seeks to strengthen the energy sector’s regulatory framework by promoting distribution market regulation improvements, fostering clean energy use by consumers, and encouraging women participation in the sector.    
2021-06-02