May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
April 27, 2022
Tax revenues in Latin America and the Caribbean (LAC) fell by 8.0 percent on average in nominal terms and by 0.8 percent as a share of GDP in 2020 because of the COVID-19 pandemic, according to a new report released today. However, the region’s economic recovery and a rebound in commodity prices supported a recovery in tax revenues in 2021.
April 27, 2022
Just a year after its launch, the Green Bond Transparency Platform (GBTP) has become the key reporting tool for issuers in the Latin America
April 26, 2022
Third edition of IDB, IDB Invest and Finnovista study highlights the rise of the fintech ecosystem in Latin America and the Caribbean, growing 112 percent from 2018 to 2021. The COVID-19 pandemic prompted the digitalization of numerous activities and sped up the adoption and consolidation of digital finance from fintech platforms in the region. Besides the payments and digital lending segment, the largest in the region, other emerging relevant verticals include business technology platforms for financial institutions, digital banks, and insur
April 25, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new £500 million Fixed Rate Sustainable Development Bond. The transaction pays an annual coupon of 2.125% and matures on 15th December 2028. It was priced with a spread of 51 basis points over the UKT October 2028 benchmark and carries a semi-annual yield of 2.223%.
April 19, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank, convened the BlueTech for Waste Challenge, an initiative to find innovative solutions that contribute to the sustainable management of chemicals and hazardous waste in twelve countries in the Caribbean. This call is made in collaboration with the Global Environment Facility (GEF), through its Global ISLANDS program, in order to protect human health and the environment and address the climate vulnerabilities of the region.
April 18, 2022
The study Fintech in Latin America and the Caribbean: A Consolidated Ecosystem for Recovery will be launched on April 26 at 9:30 a.m. (Washington, DC time) The Inter-American Development Bank (IDB) and Finnovista will launch the third edition of the flagship study on the state of the Fintech ecosystem in Latin America and the Caribbean on April 26, virtually at 9:30 a.m. Washington, DC time during the opening of the annual FintechLAC meeting.
April 07, 2022
New study shares evidence, practices, and concrete recommendations on the digital transformation of healthcare in Latin America and the Caribbean.
April 06, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$1 billion 5-year Global Sustainable Development Bond (SDB) benchmark. The transaction pays a quarterly coupon of SOFR+28bps and matures on April 12th, 2027. The new benchmark was priced at a discount margin of 28 basis points over the Compounded SOFR Index.
April 06, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, will invest $1.5 million in Brazilian startup, Dolado, to promote the digitalization of micro, small, and medium-sized enterprises (MSMEs) operating in Brazil’s favelas. This capital will allow for the development of a platform that provides small merchants with access to credit and supply chains, as well as management tools that are custom-tailored for their specificities.