IDB To Approve $1.25 Billion in Operations for Colombia in 2021

March 19, 2021
Funds will help speed up country’s sustainable economic recovery BARRANQUILLA, Colombia - At its 2021 Annual Meeting, the Inter-American Development Bank (IDB) signed a commitment with the government of Colombia to provide the country with $1.25 billion in assistance in 2021. The funding will contribute to Colombia’s sustainable and inclusive economic recovery.
2021-03-19

IDB launches Australian dollar Sustainable Development Bond for Japan Post Insurance

March 19, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 10-year fixed-rate Sustainable Development Bond to support IDB’s strategic priorities to reduce poverty and inequality in Latin America and the Caribbean in a climate-friendly manner.
2021-03-19

Korea and IDB Group Renew and Expand Co-financing Facility by $500M

March 19, 2021
BARRANQUILLA, Colombia - The Government of Korea and the IDB Group have agreed to renew and expand the Korea Infrastructure Development Co-financing Facility for Latin America and the Caribbean (KIF) for an additional $500 million, its largest replenishment in the last 5 years. The expansion of the KIF will enable the Inter-American Development Bank (IDB) and IDB Invest to finance critical development needs for the region in the areas of infrastructure, energy, health and technology, among others.
2021-03-19

IDB launches initiative for the sustainable development of the Amazon region

March 18, 2021
BARRANQUILLA, Colombia – IDB President Mauricio Claver-Carone announced today a new initiative to forge sustainable development models based on human capital, natural wealth and the cultural heritage of the Amazon region. The announcement was made during the IDB's Annual Meeting of Governors, within the framework of a seminar dedicated to exploring public and private investment opportunities for the countries of the Amazon.
2021-03-18

IDB and partners launch program to empower women in trade and global value chains

March 18, 2021
The Inter-American Development Bank, in collaboration with private-sector leaders, today launched "Women Growing Together in the Americas", a program to encourage women entrepreneurs in Latin America and the Caribbean to integrate their businesses into foreign trade and regional value chains.
2021-03-18

Inclusion and technology will be key to improving social services, IDB stresses

March 17, 2021
At the event "Lessons for after the pandemic: Rebuilding in an inclusive way", international experts talked about the opportunities to reduce inequality in Latin America and the Caribbean, redesigning social services to improve their quality and effectiveness. BARRANQUILLA, Colombia - Will the world change or not after the pandemic?
2021-03-17

#BIDAcademy Offers Development Learning Hub for Latin American and the Caribbean

March 17, 2021
The Inter-American Development Bank (IDB) today launched its new centralized development knowledge hub, #BIDAcademy, which digitally aggregates the IDB Group’s knowledge base and network of experts and specialists to provide the public with improved access to hundreds of courses and other knowledge and learning resources. 
2021-03-17

Build the Americas, a new tool to incentivize greater competition in infrastructure bids

March 17, 2021
The Inter-American Development Bank today launched Build the Americas, a mobile application designed to increase transparency and competition in the bidding process for infrastructure projects it finances in Latin America and the Caribbean. The app provides access to information on upcoming IDB-financed procurements in sectors such as energy, transportation, and water and sanitation, while facilitating the connection between infrastructure developers and local suppliers of goods and services.
2021-03-17

The State of Ceará will invest in prevention and violence reduction with IDB support

March 16, 2021
An IDB loan for $52.1 million will benefit more than 100,000 young people, vulnerable groups and citizens of ten municipalities of the Brazilian State  The State of Ceará in Brazil seeks to contribute to the reduction of violent crimes and prevention for young people and vulnerable groups in the state with a $52.1 million loan approved by the Inter-American Development Bank (IDB). 
2021-03-16

IDB and The GovLab Partner to Bring Innovation to the Fight Against COVID-19

March 16, 2021
To address the pressing need for more effective strategies for managing the current COVID-19 and other future pandemics, the Inter-American Development Bank (IDB) and The GovLab at New York University’s Tandon School of Engineering, partnered to conduct an innovative rapid policy advising initiative, “Smarter Crowdsourcing in the Age of Coronavirus”.  From July to November 2020, the joint team worked with six partner governments in Latin America and the Caribbean to identify, define, contextualize, and priori
2021-03-16