IDB Launches Australian Dollar Sustainable Development Bond for Meiji Yasuda

January 27, 2022
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 sustainable and climate friendly manner.
2022-01-27

2022 IDB Annual Meeting to Be Held in Virtual Format

January 26, 2022
Due to current COVID-19 pandemic conditions, the Board of Executive Directors of the Inter-American Development Bank (IDB) has decided to hold this year’s IDB Annual Meeting in virtual format. The Annual Meeting of the IDB and IDB Invest will take place between the dates of March 28 to April 1, 2022.
2022-01-26

Peru to improve storm drainage in two cities with IDB support

January 19, 2022
Peru will improve and enhance the storm drainage service provided to more than 30,000 homes in the districts of Puerto Maldonado and El Triunfo with help from a $74 million loan approved by the Inter-American Development Bank (IDB). The government of Peru will assign an additional $29.3 million, taking total investment in the project to $103.3 million.
2022-01-19

Alliance BIDAcademy and Coursera: New Partner to Expand its Training Offer for the Region

January 18, 2022
The Inter-American Development Bank (IDB), through BIDAcademy, has been developing high quality open online courses (MOOC), as a result of more than 60 years of experience, to improve the capacities of all development actors in Latin America and the Caribbean.
2022-01-18

IDB Opens a Call for Tourist Destinations to Accelerate their Technological Transformation

January 14, 2022
The Inter-American Development Bank (IDB) has launched the Future Tourism Program that addresses the technological transformation of tourist destinations in Latin America and the Caribbean as a key tool for the recovery and competitiveness of tourism in the region.
2022-01-14

More Trust will Power a Stronger Recovery in Latin America and Caribbean: IDB Report

January 13, 2022
Lack of trust shown to undermine firm growth and innovation. Report calls for key reforms to promote trust and boost post-COVID recovery. Dealing with power and information asymmetries needed to improve trust.  Increasing trust is key to a more dynamic business sector and economic reforms needed for a stronger post-COVID recovery in Latin America and the Caribbean, according to a new flagship report by the Inter-American Development Bank.
2022-01-13

IDB Lab Invests in Colombian Startup to Teach English to Manual Workers

January 11, 2022
The initiative seeks better job opportunities for vulnerable populations IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), will provide financial support to Slang, the Colombian educational technology startup that is based on machine learning and artificial intelligence, to teach English to manual workers. This investment, worth $1 million, will support students entering the labor market, provide job training, and present opportunities for youth, blue-collar workers, and the unemployed populations of Latin America and the Caribbean.
2022-01-11

Closing Digital Access Gap Would Provide Big Boost to Caribbean Economies: IDB report

January 10, 2022
Closing the digital access gap between the Caribbean and the more advanced economies could increase the region’s GDP by about 6 to 12 percent over the medium term and provide a strong boost to a post-COVID-19 recovery, according to a new report by the Inter-American Development Bank.
2022-01-10

IDB launches $3.5 billion 5-year Fixed Rate Bond

January 07, 2022
Washington, D.C., January 6, 2021 – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3.5 billion 5-year Global benchmark. The transaction pays a semi-annual coupon of 1.500% and matures on 13th January 2027. It was priced with a spread of 22 basis points over SOFR mid-swaps, which equates to 8.28 basis points over the 1.250% UST due December 2026 and carries a semi-annual yield of 1.552%.
2022-01-06

France, IDB Promote the Conservation and Restoration of Tropical Forests in Latin America

December 27, 2021
The Inter-American Development Bank (IDB) and France are pleased to announce the financing of new projects that will provide benefits for livelihoods, economic recovery, and the conservation, preservation and restoration of tropical forests in Latin America as part of France's participation in the Alliance for the conservation of rainforests. 
2021-12-22