IDB and French Development Agency Highlight $4 Billion in Joint Projects Since 2018

May 06, 2021
The Inter-American Development Bank (IDB) and the French Development Agency (AFD) Group gathered virtually for their fifth Deep Dive Meeting. The Deep Dive explored new opportunities for expanded collaboration and celebrated the partnerships’ achievements to date.  Since signing a framework agreement in 2018, the two partners largely surpassed the outlined target of $1 billion in co-financing.
2021-05-06

Costa Rica to push fiscal reforms to promote growth with support from IDB

May 05, 2021
Costa Rica will press ahead with its structural fiscal reforms program aimed at boosting fiscal management efficiency and equity and promoting sustainable economic recovery with two loans totaling $500 million approved by the Inter-American Development Bank (IDB).  The operations will provide budget support to the country and support policy reforms to ensure fiscal sustainability and uphold short- and medium-term macroeconomic stability.
2021-05-05

IDB Lab and Cubo Itaú launch "BID ao Cubo"

May 04, 2021
"BID ao Cubo" is a training and immersion program in the Brazilian market for Latin American and Caribbean startups IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), and Cubo Itaú, the Brazilian hub for the promotion of technological entrepreneurship, will select 20 projects from the region to be part of "BID ao Cubo", an initiative that seeks to integrate the startup ecosystem of the continent through an immersion program in the Brazilian market.
2021-05-04

Novel ESG Product Launched in Mexican Market Linked to IDB Corporate Sustainability Index

April 29, 2021
Linked to the IDB’s innovative IndexAmericas initiative, the product is launched by Scotiabank Mexico and structured by BNP Paribas Scotiabank Mexico launched an MXN-denominated structured note linked to IndexAmericas, a corporate sustainability index developed by the Inter-American Development Bank (IDB).
2021-04-29

IDB and IDB Invest launch the Green Bond Transparency Platform

April 27, 2021
An innovative digital tool that brings greater transparency to Latin America and the Caribbean green bond market in a bid to scale up green financing for the region The Inter-American Development Bank (IDB) and IDB Invest announces the launch of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the green bond market in Latin America and the Caribbean.
2021-04-27

Tax revenues in Latin America and the Caribbean rose modestly before COVID-19 crisis

April 22, 2021
Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today.
2021-04-22

Brazil to boost digital transformation with IDB support

April 20, 2021
IDB approves $1 billion conditional credit line for Brazil Plus Digital program State of Ceará will be first state to benefit from program, within core topic of Digital Government, for the digital transformation of the judiciary branch, with a $28 million loan The Inter-American Development Bank (IDB) has approved a credit line of up to $1 billion to help Brazil push forward its digital transformation
2021-04-20

Peru will boost competitiveness through road network improvement with help from IDB

April 19, 2021
The program will benefit 4.1 million people living in locations throughout the 39 provinces adjoining departmental road network’s road corridors. The Inter-American Development Bank (IDB) has approved a US$114.3 million loan to improve and maintain the departmental road network, helping reduce transport operation costs and travel time.
2021-04-19

IDB and IDB Invest announce the virtual launch of the Green Bond Transparency Platform

April 19, 2021
The Inter-American Development Bank (IDB) and IDB Invest will virtually launch the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin America and the Caribbean green bond market. The virtual launch will take place on April 27, 2021 from 10:00 a.m. to 11:30 a.m. EST.
2021-04-19

IDB issues a new 5-year fixed-rate global benchmark transaction

April 13, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $ 4.25 billion 5-year fixed-rate global benchmark. The transaction pays a semi-annual coupon of 0.875% and matures on April 20, 2026. It was priced with a spread of 10.5 basis points over the 0.750% UST due 31 March 2026, which translates to a semi-annual yield of 0.969%.
2021-04-13