IDB Lab Launches Call to Manage Chemicals and Hazardous Waste in the Caribbean

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.
2022-04-19

IDB and Finnovista will Launch a Study of Fintech in Latin America and the Caribbean

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.
2022-04-18

Bolivia to Strengthen its Statistical System with $100 Million IDB loan

April 13, 2022
Credit will support censuses on population and housing, agriculture, and economic establishments, as well as household surveys with a gender perspective. Bolivia will upgrade its statistical system to increase the use of official statistics in public and private decision-making through a $100 million loan from the Inter-American Development Bank (IDB).
2022-04-13

IDB report outlines steps for region to respond to Russian War in Ukraine, COVID

April 08, 2022
IDB 2022 Latin America and Caribbean Macroeconomic Report finds war dampens growth prospects in Latin America and Caribbean Higher commodity prices provide fiscal relief for some countries, but oil importers face additional fiscal pressures; key policy actions to boost inclusive growth should not be delayed Report includes analysis of labor market reforms to create future jobs in formal economy The Russian invasion of Ukraine together with intere
2022-04-08

IDB Report: Digital Transformation of Healthcare Systems Saves Lives, Lowers Costs

April 07, 2022
New study shares evidence, practices, and concrete recommendations on the digital transformation of healthcare in Latin America and the Caribbean.  
2022-04-07

IDB launches US$1 billion 5-year Floating Rate Global Sustainable Development Bond

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.
2022-04-07

IDB Lab Investment Seeks to Digitize Small Businesses in Brazilian Favelas

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.
2022-04-06

IDB Financed a Record $4.5 Billion in Climate Change-Related Activities

April 05, 2022
IDB Launches 2021 Sustainability Report Focused on Integrated Climate Action Last year, the Inter-American Development Bank (IDB) financed a record $4.5 billion in activities related to climate change, according to its 2021 Sustainability Report. These resources, which account for 30% of the Bank’s total annual approvals, are benefiting the region through loans, grants, technical cooperation, guarantees, and equity investments.
2022-04-05

IDB Issues a New Long 3-year Kangaroo "EYE" Bond

March 31, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new AUD$300 million long 3-year fixed-rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program. The projects under this program are designed to promote sustainable growth, poverty reduction and social equity in Latin America and the Caribbean.
2022-03-31