CDB, IDB Group to boost cooperation, improve lives of Caribbean people

July 13, 2020
BRIDGETOWN, Barbados – The Presidents of the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB), and the Chief Executive Officer of IDB Invest, have today signed a mutual cooperation agreement. The new agreement between the IDB Group and CDB support economic development and integration of the Caribbean community and common market.
2020-07-13

Gender, environment and social safeguards are good for bottom line, IDB studies show

July 10, 2020
Best practices in social and environmental safeguards become more urgent during pandemic Two new studies by the Inter-American Development Bank show the positive financial impacts for investors, companies and banks that take gender, environmental and social factors into their decision-making.
2020-07-10

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB and Fundación FEMSA bestow water, sanitation and solid waste innovation awards

June 29, 2020
The three winners of the 2020 IDB-FEMSA Award to innovation in water, sanitation and solid waste will receive up to US $10,000 The Inter-American Development Bank and the FEMSA Foundation announced the launching of the 2020 IDB-FEMSA Awards, which since 2009 recognize the most innovative solutions in the water, sanitation and solid waste management sectors.
2020-06-29

IDB approves loan to support Belize’s vulnerable population affected by COVID-19

June 22, 2020
THE US$12 MILLION LOAN WILL SUPPORT MINIMUM INCOME LEVELS FOR THOSE AFFECTED BY THE CORORAVIRUS The Inter-American Development Bank (IDB) approved a loan of US$12 million for Belize to support the implementation of the COVID-19 Unemployment Relief Program. The loan program will provide protection for the vulnerable population affected by the COVID-19 crisis.
2020-06-22

IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

IDB, everis NTT Data, and Microsoft provide governments digital solutions during COVID-19

June 15, 2020
Digi/Gob platform will support government continuity in Latin America and the Caribbean The Inter-American Development Bank (IDB), everis NTT Data, and Microsoft have joined forces to provide governments in Latin America and the Caribbean (LAC) with immediate digital solutions through the Digi/Gob platform, helping to ensure the continuity of administrative procedures during the COVID-19 pandemic.
2020-06-15

IDB: COVID-19 Exposes Inadequate Support for Older People

June 12, 2020
Study shows that 8 million people over age 60 in Latin America and the Caribbean depend on long-term care.  “Age with Care” provides recommendations for building strong long-term care systems.
2020-06-12

IDB Launches Australian Dollar Sustainable Development Bond (SDB)

June 12, 2020
Highlighting Sustainable Development Goal #3—Good Health and Well-Being. The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 10-year fixed rate Sustainable Development Bond (“SDB”) focused on SDG#3 (Good Health and Well Being) in Australian Dollar (AUD) valued in 50 million, equivalent to $33.26 million. Mitsui Sumitomo Aioi Life Insurance Company, Limited is the sole investor of the bond with Daiwa Capital Markets America Inc. being the arranger.
2020-06-12

IDB study explores tech opportunities for the Central American economy

June 12, 2020
Areas of study are greater efficiency in spending and public services, the tax-raising potential of the digital economy, and maximizing the benefits of remittances Using technology can help in major economic sectors hit by the COVID-19 pandemic, such as remittances and public finances. As remittances decline, technology applied to international money transfers can generate efficiencies that help maximize the amount of money reaching recipients.
2020-06-12