Amazonia Forever: European and Amazon Countries, with International Organizations, Strengthen Cooperation to Protect the Region

September 15, 2023
SANTIAGO DE COMPOSTELA, Spain  ̶  The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, and the first vice president and minister of economic affairs and digital transformation of Spain, Nadia Calviño, today co-chaired a meeting of ministers and representatives of Amazon countries, European member countries of the IDB, donors and international organizations that presented the framework for the Amazonia Forever program.
2023-09-15

IDB, BIS Sign Historic Agreement to Promote Financial Inclusion with Innovative Technology

September 14, 2023
SANTIAGO DE COMPOSTELA, Spain  ̶ The Inter-American Development Bank (IDB) and the Bank for International Settlements (BIS) today signed their first-ever collaboration agreement to promote financial inclusion in Latin America and the Caribbean through innovative financial technology instruments.
2023-09-14

IDB and Government of Israel to Boost Innovation at Water, Sanitation and Energy Companies

September 12, 2023
Ideas in Action 2023 seeks to support public, private, or mixed water, sanitation or energy service providers—as well as energy ministries in Latin America and the Caribbean—that have management and process challenges, and connect them with innovative solutions.
2023-09-12

Korea and IDB Group Renew and Expand Co-Financing Facility for $1 Billion

September 12, 2023
The government of Korea and the Inter-American Development Bank Group (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 $1 billion, its largest-ever replenishment since its inception in 2015.  The expansion of the KIF will enable the IDB Group to make available additional resources for the region's critical development in areas such as infrastructure and energy, social sector and technology, among others.
2023-09-12

The IDB Approves Aid for Honduras in Response to Hurricane Julia

September 11, 2023
The Inter-American Development Bank (IDB) approved a $20 million emergency program for Honduras to help mend the destruction from Hurricane Julia, which caused widespread flooding in the country in October 2022. The program’s goal is to rebuild part of the road, social, and flood protection infrastructure that was damaged by this weather event. The storm affected nearly 200 municipalities throughout the country and killed four people. It destroyed houses, bridges, and highways and dealt a major blow to the economy’s productive sectors.
2023-09-12

IDB Lab, Latimpacto Join Forces to Help Fight Climate Change

September 11, 2023
The Inter-American Development Bank (IDB) – through its innovation laboratory, IDB Lab – and Latimpacto have signed an agreement to support solutions with social and environmental impact that contribute to the reduction of greenhouse gas emissions in Latin America and the Caribbean.
2023-09-11

IDB Supports Ecuador in Reducing the Digital Gap in Education 

September 07, 2023
The Inter-American Development Bank (IDB) approved a loan of $45 million to reduce the digital divide between schools and thus promote successful educational trajectories among students in Ecuador. During the last decades, the country experienced a notable growth in educational coverage. However, many Ecuadorian boys, girls, and young people do not manage to complete successful school trajectories; low enrollment rates in rural areas, low levels of learning, and low high school completion rates persist.
2023-09-07

IDB Launches $2 Billion 4.500% 10-year Fixed-Rate Bond

September 06, 2023
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$ 2 billion 10-year Global benchmark. The transaction pays a semi-annual coupon of 4.500% and matures on September 13, 2033.
2023-09-06

IDB Launches BID FOR THE AMERICAS to Boost U.S. Business Opportunities in Latin America and the Caribbean

September 06, 2023
The Inter-American Development Bank (IDB) today launched “BID FOR THE AMERICAS,” a new program to strengthen and grow economic ties between the United States, and Latin America and the Caribbean. As the largest source of multilateral financing in the region, the IDB’s program will focus on three pillars: public procurement, trade and investment, and financing.
2023-09-06

IDB-UN Women Report: Despite Progress, Challenges Remain to Offer Financing Programs for Women and their Businesses 

September 06, 2023
CARTAGENA, Colombia – While public development banks (PDBs) today provide a variety of programs to improve credit access for women, investments that go beyond financial capital are needed to address the unique needs of women and their businesses and drive a more inclusive financial sector, according to a new global survey conducted by the Inter-American Development Bank (IDB) and UN Women.
2023-09-06