IDB announces results of its Beyond Tourism Innovation Challenge

October 15, 2020
The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in collaboration with the United Nations World Tourism Organization (UNWTO), is pleased to announce that eight proposals were selected for project design under the Beyond Tourism Challenge. The applications were from Barbados, Belize, Dominican Republic, Costa Rica, Haiti, Guyana, Panama and Trinidad and Tobago.
2020-10-15

IDB receives $1 Million from Japan to Support Education in Honduras and El Salvador

October 14, 2020
This technical cooperation, financed by the Japan Special Fund, will reduce the impact of COVID-19 on learning for vulnerable young people in both countries, and will extend good practices to the Mesoamerican region. The discontinuity of educational services, due to COVID-19, will have a negative impact on student dropout and learning, especially for the most vulnerable young people in Mesoamerica.
2020-10-14

The IDB and Its Partners Launch the Early Childhood Development Hub

September 24, 2020
The Hub is the first website that consolidates into a single location and facilitates access to resources and knowledge about early childhood produced throughout the region.  This collective learning initiative is being driven by the Early Childhood Development Innovation Fund, an alliance of the IDB, FEMSA Foundation, Maria Cecilia Souto Vidigal Foundation, Open Society Foundations, and Porticus. The Inter-American Development Bank (IDB), together with its partners in the
2020-09-24

IDB Launches Infrastructure Data Observatories

September 24, 2020
The energy, transport, and water and sanitation observatories will increase the availability of reliable data in Latin America and the Caribbean The Inter-American Development Bank (IDB) will launch three data observatories to plan infrastructure investments and speed up development in Latin America and the Caribbean. The observatories, jointly developed with other international partners, will provide access to reliable and up-to-date data in the water and sanitation, energy, and transportation sectors.
2020-09-24

IDB launches new 7-year fixed rate global bond

September 10, 2020
Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $1.5 billion 7-year fixed rate global benchmark. The transaction pays a semi-annual coupon of 0.625% and matures on September 16, 2027. It was priced with a spread of 17.55 basis points over the 0.500% UST due August 31, 2027, which translates to a semi-annual yield of 0.651%.
2020-09-10

IDB Launches Pivot Movement to Strengthen Caribbean Innovation

September 03, 2020
The Inter-American Development Bank (IDB) has launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. The Movement includes a crowdsourcing contest and an event. Pivot Search is the crowdsourcing platform to receive new development ideas. It runs from September 2 to September 18, with a $5000 cash prize for each of the three winners.
2020-09-03

IDB launches new 5-Year Sustainable Development Bond (“SDB”)

September 01, 2020
Proceeds from CAD600 million transaction will finance IDB projects aligned with the Sustainable Development Goal on climate action (SDG 13) Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new CAD600 million 5-year fixed rate Global Sustainable Development Bond to support the funding of the Sustainable Development Goals (SDGs) under the sustainable development bond program.
2020-09-01

IDB launches $2.5 Billion 0.250% Long 3-year Fixed Rate Global

August 27, 2020
Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $2.5 billion Long 3-year global benchmark. The transaction pays a semi-annual coupon of 0.250% and matures on November 15, 2023. It was priced with a spread of 5 basis points over mid-swaps, which equates to 11.4 basis points over the 0.125% UST due August, 2023 and carries a semi-annual yield of 0.300%.
2020-08-27

World Water Week 2020: the IDB leads the Focus on Latin America and the Caribbean

August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
2020-08-25

KERIS joins the Coalition to promote transversal skills for the 21st century

August 18, 2020
Washington, D.C. – The Korea Education and Research Information Service (KERIS), a governmental organization under the South Korean Ministry of Education, has joined the Inter-American Development Bank's (IDB) Coalition for 21st Century Skills, centered on ensuring inclusion, equity, and quality education in Latin American and the Caribbean.
2020-08-18