IDB's Salud Mesoamérica Initiative Receives Prestigious International Award

September 22, 2021
The initiative is the winner of the P3 Concordia Impact Award, which recognizes and rewards leading public-private partnerships. In addition, the IDB Lab, the IDB’s innovation laboratory, led project “Beyond Extraction” initiative, promoting broad-spectrum and sustainable economic development in Brazilian, Chilean and Peruvian mining communities, was named a finalist for the same P3 Concordia Impact Award.

Argentina’s San Juan Province to promote MSMEs recovery with IDB support

September 20, 2021
The Inter-American Development Bank (IDB) has approved a $58 million loan to support production recovery in Argentina’s San Juan Province following the impact of COVID-19. The loan will provide productive financing for the recovery and sustainability of micro, small, and medium-sized enterprises (MSMEs) that generate employment in the province.

IDB launches $3.5 Billion 3-year Fixed Rate Bond

September 16, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3.5 billion 3-year Global benchmark. The transaction pays a semi-annual coupon of 0.500% and matures on September 23, 2024. It was priced with a spread of 14 basis points over SOFR mid-swaps, which equates to 8.6 basis points over 0.375% UST due September 2024 and carries a semi-annual yield of 0.525%.

IDB and International Organizations Promote Cooperation in Artificial Intelligence

September 15, 2021
The IDB, along with seven international organizations joined forces to launch a new portal promoting global cooperation on artificial intelligence (AI). The portal is a one-stop shop for data, research findings and good practices in AI policy. The objective of the portal is to help policymakers and the wider public navigate the international AI governance landscape. It provides access to the necessary tools and information, such as projects, research, and reports to promote trustworthy and responsible AI that is aligned with human rights at the global, national, and local level.

The Brazilian state of Alagoas to modernize its fiscal management with IDB financing

September 16, 2021
The Brazilian state of Alagoas will modernize its fiscal management to strengthen fiscal sustainability, competitiveness, and transparency with a $36 million loan from the Inter-American Development Bank (IDB).

IDB approves $40 million to support educational transformation in Uruguay

September 15, 2021
Uruguay will improve access and quality of education with the support of a US$40 million loan from the Inter-American Development Bank (IDB).

NYSE and Intrinsic Exchange Group announce a new asset class to power a sustainable future

September 14, 2021
Natural Asset Companies, or NACs, will list and trade on the NYSE, creating a new market whose assets generate trillions of dollars in ecosystem services annually IEG founding investors include the Inter-American Development Bank and Rockefeller Foundation Government of Costa Rica working with IEG to develop first NAC; Private sector NACs to follow NEW YORK, NY – The New York Stock Exchan

IDB unveils health security recommendations to support tourism industry

September 01, 2021
The Inter-American Development Bank (IDB), with the support of the World Tourism Organization (UNWTO) and the participation of the Organization of American States (OAS), launched the series of publications Recommendations to Minimize the Risk of Transmission of COVID-19 in the Tourism Sector of Latin America and the Caribbean.

Study reveals high gender inequality in companies in Latin America and the Caribbean

August 20, 2021
There are large gender gaps in the business world of Latin America and the Caribbean, where women hold only 15% of management positions and own only 14% of companies, according to a study by the Inter-American Development Bank (IDB).

IDB Lab and Google Launch Acceleration Program for Women Entrepreneurs in STEM

August 23, 2021
Twenty women-led startups will be selected to participate in the customized LAC Women Founders Accelerator program IDB Lab, the innovation laboratory of the Inter-American Development Bank, joins Google in LAC Women Founders Accelerator, an acceleration program for STEM startups led by women in Latin America and the Caribbean.