BELÉM, Brazil — The Inter-American Development Bank (IDB), Impact Fund Denmark, the Norwegian Agency for Development Cooperation (Norad), and the Swedish International Development Cooperation Agency (Sida) signed a letter of intent today toward establishing a new guarantee. This new partnership is expected to result in approximately $800 million in additional IDB lending capacity for clean-energy projects under the Amazonia Forever and América en el Centro regional programs. This additional capacity will enable the IDB to scale investments across the Amazon region and Central America by
The Inter-American Development Bank (IDB) is now accepting applications for the Korea-LAC Tech Corps Program, a scholarship initiative funded by the Knowledge Partnership Korea Fund for Technology and Innovation. This program offers up to 23 fully funded scholarships to mid-level public sector professionals from Latin America and the Caribbean who are eager to enhance their leadership and management skills through advanced technological innovation tools. Over an 18-month period in Korea, selected participants will pursue a Master of Public Management (MPM) and an MBA in Artificial Intelligence
WASHINGTON — The Executive Board of the Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects (CCLIP) of up to $500 million, aimed at reducing the vulnerability of El Salvador’s population to flooding. As part of this credit line, the Board also approved an initial individual loan of $150 million to finance a project focused on the Metropolitan Area of San Salvador (AMSS). The AMSS population faces high vulnerability to increasingly frequent and intense flood events that cause loss of life, significant economic damage, and disruptions to daily
WASHINGTON — The Inter-American Development Bank (IDB) is lending $60 million to help Uruguay enhance access and quality in its secondary education system. This operation is the third under a Conditional Credit Line for Investment Projects approved in 2016 to finance a broader program of educational support for secondary students. The new loan aims to lower drop-out rates and the share of students who repeat grades. The program, focusing on students in the most vulnerable situations, will also expand an educational model that extends school hours to provide more learning opportunities and
WASHINGTON — The Inter-American Development Bank (IDB) Board of Executive Directors approved a Conditional Credit Line for Investment Projects (CCLIP) of up to $200 million to support the strengthening of public security and justice in Uruguay. As part of this credit line, the Board approved an initial individual loan of $25 million for the program “More Security I: Advancing Key Areas of Public Security Management.” The program aims to improve the effectiveness of the prison system, strengthen criminal investigations, and modernize police training. Uruguay is facing growing challenges related
MIAMI – FinnLAC Forum 2025, the Inter-American Development Bank Group’s (IDB Group) premier regional summit on financial innovation, paved the way for the future of growth and development in Latin America and the Caribbean with two days of high-level discussions in Miami that brought together hundreds of authorities, business leaders and key players from more than 30 countries. Across Latin America and the Caribbean, the financial landscape is being transformed by innovation. The region now counts more than 3,000 active fintech firms across 26 countries, while digital payment systems surpassed
MIAMI – The Inter-American Development Bank (IDB) has launched APIBox: Technology Sandbox for Open Finance, a solution using open-source technologies designed to help governments, financial institutions, and organizations test and validate open finance processes and standards. Developed with the support of the Grand Duchy of Luxembourg, the solution was unveiled during the FinnLAC 2025 Forum, an event organized by the IDB Group to discuss the future of the financial industry in Latin America and the Caribbean. APIBox acts as a technological sandbox, enabling participants to test new business
WASHINGTON — The Inter-American Development Bank (IDB) is lending $250 million to help Ecuador reduce morbidity and mortality from chronic, noncommunicable diseases by strengthening prevention, diagnosis, and access to comprehensive treatment. The program, which has been approved by the IDB's Board of Executive Directors, will improve decision-making by creating clinical protocols and operational standards for health facilities, as well as by implementing information systems to monitor chronic diseases. The operation will enable Ecuador to purchase equipment for primary care and specialized
The fixed-rate bond is the first in a series of issuances under the IDB’s $1 billion Amazonia Bond Program SÃO PAULO — The Inter-American Development Bank (IDB) has issued its first Amazonia Bond, raising $100 million to fund high-impact sustainable development projects across the Amazon region. This operation marks a pioneering step in leveraging capital markets to protect one of the planet’s most vital ecosystems while empowering local communities. Structured under the Amazonia Bond Issuance Guidelines, co-developed by the IDB and the World Bank, and the IDB's Sustainable Debt Framework, the
MIAMI — The Inter-American Development Bank Group (IDB Group) has launched IDB Pay, a new initiative aimed at accelerating the rollout of real-time, low-cost digital payment systems throughout Latin America and the Caribbean to bring financial services to the 30% of the region’s population that remains unbanked by 2030. IDB Pay aims to support countries to build inclusive, interoperable, and secure Fast Retail Payment Systems (FRPS) and other Digital Public Financial Infrastructures (DPFI). IDB Pay will use strategic technical cooperation, policy innovation, and flexible financing instruments