Standard & Poor’s affirms IDB’s AAA/A-1+ ratings and upgrades SACP to ‘aaa’ from ‘aa+”

Friday, February 22, 2019 - 17:51
Standard & Poor’s has affirmed the Inter-American Development Bank’s ‘AAA’ long-term and ‘A-1+’ short-term issuer credit rating with a stable outlook. Also, following a review under the revised criteria for multilateral lending institutions, the IDB’s stand-alone credit profile was upgraded from ‘aa+’ to ‘aaa’, due to its extremely strong enterprise risk profile and very strong financial risk profile.

Colombia issues first energy savings insurance policies

Wednesday, February 13, 2019 - 17:08
SMALL AND MEDIUM ENTERPRISES ACCESS TO POLICIES TO GUARANTEE ENERGY SAVING IN INVESTMENT PROJECTS FOR MORE EFFICIENT TECHNOLOGIES With the support of the Inter-American Development Bank, and in collaboration with BANCOLDEX, Colombia has become the first country in Latin America and the Caribbean to issue energy saving policies under the Energy Savings Insurance Program (ESI) in benefit of five small and medium-si

Latin America & Caribbean will need 23 million health and education professionals by 2040

Tuesday, January 29, 2019 - 12:53
A new IDB study from the series The future of work in Latin America and the Caribbean estimates that the region will need 12 million teachers, 3 million doctors and 8 million nurses by the year 2040. The study also highlights that jobs in education and health are good

Government of France becomes founding donor of IDB Natural Capital Lab

Friday, November 30, 2018 - 17:50
The Government of the French Republic will contribute €24 million to the recently launched Natural Capital Lab of the Inter-American Development Bank, becoming its founding donor. France’s Minister of the Economy and Finance, Bruno Le Maire, and IDB President Luis Alberto Moreno today signed a letter of intent concerning the contribution on the sidelines of the G20 summit in Buenos Aires, Argentina.

Brazil promotes productivity of micro, small and medium-size enterprises with IDB support

Thursday, November 22, 2018 - 13:03
IDB APPROVES $750 MILLION CREDIT TO PROVIDE ACCESS TO FINANCING FOR MORE THAN 4,900 MSME IN BRAZIL THROUGH A NEW BNDES DIGITAL CHANNEL. The Inter-American Development Bank has approved a $750 million line of credit aimed at boosting the productivity of more than 4,900 micro, small and medium-sized enterprises (MSME) in Brazil. They will be able to access new credit sources through digital channels, thus contributing to economic growth and job creation.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

The IDB and Miami Dade College select eighteen startups from Latin America, the Caribbean and South Florida to participate in Demand Solutions Miami 2017

Monday, August 21, 2017 - 13:58
Miami Dade College (MDC) and the Inter-American Development Bank (IDB) will host Demand Solutions Miami on Thursday, Oct. 19, at the Wolfson Campus in Downtown Miami. Eighteen startups in design, fashion, gastronomy, music and multimedia have been selected to participate in a one-of-a-kind conference that will highlight innovation and entrepreneurship that improves lives.

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

Thursday, December 1, 2016 - 03:00
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.