IDB Issues Poverty Reduction Bonds

Friday, January 14, 2011 - 03:00
The Inter-American Development Bank (IDB) (rated Moody’s: Aaa / S&P: AAA) and Daiwa Securities Group announce an issuance of the Poverty Reduction Bonds (the “Bonds”) to support poverty alleviation and improve living conditions of new generations in Latin America and the Caribbean. These Bonds are IDB’s first impact investment bonds of 2011 and they will be offered in Japan. The IDB’s Poverty Reduction Bonds provide an opportunity to Japanese retail investors to contribute to poverty reduction in Latin America and the Caribbean.

IDB boosts support for small and medium-size infrastructure investments in Latin America

Thursday, December 23, 2010 - 03:00
The Inter-American Development Bank (IDB) will boost its support for small and medium-size infrastructure investments in Latin America and the Caribbean by providing as much as $60 million in new financing for Corporación Interamericana para el Financiamiento de Infraestructura S.A. (CIFI).

Finance for Climate Action Reaching People Who Need It

Wednesday, December 8, 2010 - 03:00
CANCUN, MEXICO – From the world’s largest solar power program in North Africa to the greening of Mexico’s buses, more than 40 developing countries have now undertaken climate action with the support of the six billion dollar Climate Investment Funds (CIF). Joined today in Cancun by President Felipe Calderon of Mexico, the multilateral development bank (MDB) presidents heralded the two year old Funds as a path-breaking climate partnership.

In COP16, President Moreno backs creation of Green Fund

Wednesday, December 8, 2010 - 03:00
The President of the IDB also noted that “CO2 is linked to H2O” in a speech on climate change and water in Latin America and the Caribbean Moreno underscored the importance of energy efficiency The President of the Inter-American Development Bank Luis Alberto Moreno on Dec.

IDB, INTESA SANPAOLO sign memorandum of understanding to foster cooperation

Wednesday, November 24, 2010 - 03:00
ROME – Inter-American Development Bank President, Luis Alberto Moreno, and Intesa SanPaolo Executive Vice Chairman of the Management Board, Marcello Sala, signed today a memorandum of understanding to work together to promote inclusion and sustainability in the financial industry in Latin America and the Caribbean.

IDB’s President Moreno says greater integration with Asia is helping Latin American growth

Thursday, November 18, 2010 - 03:00
Rising trade and investment with Asia has helped increase exports from Latin America and the Caribbean and the region’s contribution to the growth of the world economy, said Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), during his visit to India this week. Higher incomes in Asia, particularly India and China, are opening opportunities for the region’s goods and services, especially high-quality ones: from natural and unique grass fed beef, renowned wines, and specialized coffees to the high-quality services of architects and engineers, Moreno said.

More trade and cooperation needed between India and Latin America, study says

Tuesday, November 16, 2010 - 03:00
NEW DELHI – India and Latin American and the Caribbean can mutually benefit from closer trade ties and must work together to reduce trade costs and eliminate barriers, according to a study presented during an event today organized by the Global Development Network (GDN), the National Council for Applied Economic Research (NCAER) and the Inter-American Development Bank (IDB).

IDB and JBIC to Expand Cooperation in Mitigation and Adaptation of Global Warming

Friday, November 12, 2010 - 03:00
TOKYO, Japan – The Inter-American Development Bank (IDB) and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding to strengthen cooperation in projects aimed at reducing green house gas emissions in Latin America and the Caribbean. The MOU was signed between the JBIC CEO, Hiroshi Watanabe and the IDB President Luis Alberto Moreno during his participation in an event in Japan organized by the Asia-Pacific Economic Cooperation (APEC). 

President Moreno awarded for his work and service for Latin America and the Caribbean

Wednesday, November 10, 2010 - 03:00
The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, last night received a distinguished service award for leadership in the Americas by PODER Magazine and the American Business Council Foundation (ABC, Americas Business Council). The award is a tribute to the men and women who are producing systematic changes in their own communities in the areas of social entrepreneurship, sustainability and peace.

IDB holds public consultation on Strategy for Institutions for Growth and Social Welfare

Wednesday, November 10, 2010 - 03:00
The Inter-American Development Bank (IDB) started on Nov. 4 the first phase of public consultations on the development of its new Strategy for Institutions for Growth and Social Welfare (SIGS).