IDB approves $30 million to support vulnerable populations in Suriname

November 30, 2021
The loan will benefit 130,548 people through periodic transfers  The operation seeks to reinforce the efficiency and transparency of Suriname's social protection network  Suriname’s difficult macroeconomic conditions, along with the pandemic, has a severe impact on the country’s population, especially the most vulnerable, An IDB survey in April 2020 indicated that 47,6% of families in Suriname have lost income due to business closures and job losses.
2021-11-30

IDB Visits Spain to Encourage Investment in Latin America and the Caribbean

November 16, 2021
Spain will host the IDB's non-regional members meeting in February 2022. MADRID - IDB President Mauricio Claver-Carone and members of his executive team concluded a successful visit to Madrid to encourage greater investment in Latin America and the Caribbean to boost the region’s post-pandemic recovery. The mission’s main objective was to strengthen international trade and attract financing and businesses that will accelerate the region's digital transformation and contribute to its sustainable and inclusive growth.
2021-11-16

Dominican Republic to Strengthen Public Sector Transparency, Integrity with IDB Support

November 16, 2021
SANTO DOMINGO – The Dominican Republic is implementing reforms to enhance and consolidate public sector transparency and integrity along with promoting citizen participation in controlling public spending with support from the Inter-American Development Bank (IDB).
2021-11-16

IDB, Spain’s Justice Ministry Join Forces to Digitalize Judicial Systems in LAC

November 11, 2021
IDB President and Spain’s Justice Minister Sign Memorandum of Understanding to advance transformation and digitalization of justice systems in Latin America and the Caribbean, tapping into Spain’s ample experience in the matter. Agreement will accelerate the digitalization of justice systems in various countries in the region through access to knowledge, innovative solutions, technical assistance, and training of judicial personnel.
2021-11-11

Dominican Republic to Host the Regional Dialogue on Transparency and Integrity

November 10, 2021
President of the Dominican Republic Luis Abinader; Secretary-General of the Organization for Economic Cooperation and Development (OECD) Mathias Cormann; Chair of Transparency International Delia Ferreira Rubio; IDB Invest Chief Executive Officer, James P. Scriven, will participate in the opening of the Regional Policy Dialogue on Transparency and Integrity on November 16 at 9:00 a.m.
2021-11-10

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 08, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08

Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum

October 28, 2021
The Inter-American Development Bank Group’s flagship event ended after three days of panels on innovative entrepreneurship and its role in the region’s post-pandemic recovery. Innovative entrepreneurship and the role of digital solutions, new technologies, and business models to speed up an inclusive, green, and resilient recovery of the region were the three pillars of the first edition of IDB Lab Forum.
2021-10-28

IDB Lab Partners with Circulate Capital to Combat Ocean-Bound Plastics

October 25, 2021
The innovation lab for the Inter-American Development Bank (IDB) Group, IDB Lab, announces a USD$4 million investment commitment, along with an additional technical cooperation grant of $500,000, to support innovative solutions to tackle the growing problem of plastic waste ending up in the oceans and waterways of Latin America and the Caribbean (LAC).
2021-10-25

IDB launches $3.5 Billion 3-year Fixed Rate Bond

September 16, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3.5 billion 3-year Global benchmark. The transaction pays a semi-annual coupon of 0.500% and matures on September 23, 2024. It was priced with a spread of 14 basis points over SOFR mid-swaps, which equates to 8.6 basis points over 0.375% UST due September 2024 and carries a semi-annual yield of 0.525%.
2021-09-16

IDB unveils health security recommendations to support tourism industry

September 01, 2021
The Inter-American Development Bank (IDB), with the support of the World Tourism Organization (UNWTO) and the participation of the Organization of American States (OAS), launched the series of publications Recommendations to Minimize the Risk of Transmission of COVID-19 in the Tourism Sector of Latin America and the Caribbean.
2021-09-01