Caribbean Water Utilities to Join Insurance Collective Segregated Portfolio

September 19, 2023
The Inter-American Development Bank (IDB) is leading the structuring of the Caribbean Water Utility Insurance Collective Segregated Portfolio (CWUIC SP) to support disaster response and recovery. The IDB has worked closely with CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) and the UK Government to establish CWUIC as a segregated portfolio (SP) within CCRIF SPC together with Climate Investment Funds (CIF), Caribbean Development Bank (CDB) and The Coca Cola Foundation.

IDB Presents ConectaLAC: The First Data Analytics Mapping Tool of Digital Connectivity for Latin America and the Caribbean

September 17, 2023
NEW YORK – The Inter-American Development Bank (IDB) today presented ConectaLAC, a pioneering digital analytics platform that will help governments and investors identify opportunities and design cost-effective projects to close digital connectivity gaps in Latin America and the Caribbean.

Amazonia Forever: European and Amazon Countries, with International Organizations, Strengthen Cooperation to Protect the Region

September 15, 2023
SANTIAGO DE COMPOSTELA, Spain  ̶  The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, and the first vice president and minister of economic affairs and digital transformation of Spain, Nadia Calviño, today co-chaired a meeting of ministers and representatives of Amazon countries, European member countries of the IDB, donors and international organizations that presented the framework for the Amazonia Forever program.

IDB, BIS Sign Historic Agreement to Promote Financial Inclusion with Innovative Technology

September 14, 2023
SANTIAGO DE COMPOSTELA, Spain  ̶ The Inter-American Development Bank (IDB) and the Bank for International Settlements (BIS) today signed their first-ever collaboration agreement to promote financial inclusion in Latin America and the Caribbean through innovative financial technology instruments.

IDB and Government of Israel to Boost Innovation at Water, Sanitation and Energy Companies

September 12, 2023
Ideas in Action 2023 seeks to support public, private, or mixed water, sanitation or energy service providers—as well as energy ministries in Latin America and the Caribbean—that have management and process challenges, and connect them with innovative solutions.

IDB-UN Women Report: Despite Progress, Challenges Remain to Offer Financing Programs for Women and their Businesses 

September 06, 2023
CARTAGENA, Colombia – While public development banks (PDBs) today provide a variety of programs to improve credit access for women, investments that go beyond financial capital are needed to address the unique needs of women and their businesses and drive a more inclusive financial sector, according to a new global survey conducted by the Inter-American Development Bank (IDB) and UN Women.

IDB Forms New International Partnerships to Scale Up Development of Green Bond Markets

September 06, 2023
CARTAGENA, Colombia – The Inter-American Development Bank (IDB) has announced three new partnerships with international development organizations to support the development of green bond markets in Latin America and the Caribbean and other emerging markets. The partnerships were announced during the Finance in Common Summit, which is taking place on September 4-6 in Cartagena, Colombia. 

Public Development Banks Pledge to Work Together for the Ocean

September 05, 2023
CARTAGENA, Colombia – Several public development banks gathered this week at the Finance in Common Summit in Cartagena, Colombia, committed to working together on a Blue Finance Roadmap to take rapid action on ocean protection and sustainable use.

New IDB Study Highlights Role of Public Development Banks in Mobilizing Private Capital towards Infrastructure Projects

September 05, 2023
CARTAGENA, Colombia – National Development Banks (NDBs) are among the key institutions responsible for long-term financing of infrastructure projects in Latin America and the Caribbean, according to findings from a study presented by the Inter-American Development Bank (IDB) during the Finance in Common Summit (FiCS), held from September 4 to 6 in Cartagena, Colombia.  

IDB Calls for Greater Collaboration with Public Development Banks to Mobilize Resources for SDGs, Climate Change

September 04, 2023
CARTAGENA, Colombia – Inter-American Development Bank President Ilan Goldfajn called for greater collaboration between multilateral and public development banks to mobilize more resources towards the achievement of the sustainable development goals and addressing climate change during the Finance in Common Summit (FiCS).