Ecuador issues world's first Sovereign Social Bond, with the support of an IDB guarantee

January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.

IDB announces Green Bond Transparency Platform at COP25

December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.

IDB will hold Policy Dialogue and Forum on Better Management and Public Expenditure

October 31, 2019
Decision-makers and experts from Latin American and Caribbean countries will hold the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization Network and Subnational Fiscal Management in Sao Paulo, Brazil, which will address the issue of better management and quality of public spending  The Inter-American Development Bank (IDB), through the Fiscal Management Division, will conduct the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization and Subnational Fiscal Management Network of Latin America and the

IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Brazil, Colombia, and Mexico win the Gobernarte 2019 Award with innovative ideas

September 23, 2019
The sixth edition of the “Gobernarte 2019 - Eduardo Campos Prize” contest of the Inter-American Development Bank (IDB) identified four innovative ideas for data use and citizen services presented by subnational governments of Brazil, Colombia, and Mexico as winners of this edition of the contest.

Advances in key fiscal expenditure to finance climate change

August 29, 2019
SANTIAGO, Chile – Advances on the basic elements to build a methodology that identifies public spending on climate change and produces information for decision makers, has been the main result of a regional workshop conducted by the Inter-American Development Bank (IDB) and the Ministry of Finance of Chile, in collaboration with regional and international institutions and with governments of Latin America and the Caribbean. 

Ecuador will strengthen fiscal stability with IDB support

August 28, 2019
Ecuador will strengthen its fiscal stability framework by optimizing the ownership of public companies of the executive function with a loan of $75 million approved by the Inter-American Development Bank (IDB). This reform program aims to recalibrate the country's growth engines, acting as a catalyst for private sector development and improving the competitiveness of the economy for all its citizens.

Optimal sanitation: Focus on the Americas at World Water Week 2019

August 26, 2019
The Inter-American Development Bank is coordinating the Focus on the Americas sessions during World Water Week in Sweden’s capital, with a focus on adopting a new paradigm to close the gap in secure sanitation services in the region. STOCKHOLM, Sweden – Providing safe sanitation for all in Latin America requires not only significant investments, but a change of paradigm to be able to do more with less resources. Right now, only 22% to the population of Latin America and the Caribbean have access to those services.

IDB supports Ecuador's fiscal stability with $300 million

July 03, 2019
The Board of the Inter-American Development Bank (IDB) approved a $300 million loan to contribute to Ecuador's fiscal stability, facilitating sustainable growth and maintaining the main indicators of social development. This loan will strengthen macro-fiscal management, improve the quality and efficiency of public spending and transparency and the management of tax policy and management.

IDB launches the 6th edition of Gobernarte to reward ideas in using data and services

July 01, 2019
Subnational governments in Latin America and the Caribbean will be able to apply and send their proposals before August 21st The Inter-American Development Bank (IDB) launches the 6th edition of the Award "Gobernarte: The Art of Good Government – Eduardo Campos Award,"  which this will award the best initiatives in subnational governments in Latin America and the Caribbean.