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IDB Approves $15 Million Loan to Spur Sustainable Farming and Tourism in Belize

September 15, 2022
The Inter-American Development Bank approved a $15 million loan and up to $800,000 in grant funding for the Sustainable and Inclusive Belize project, which seeks to bolster revenue from agriculture and tourism, two of the most essential pillars of Belize’s economy.
2022-09-15

El Salvador to Receive IDB Loan to Enhance Water and Sanitation

September 15, 2022
The Inter-American Development Bank (IDB) approved a $100 million loan to strengthen El Salvador's water and sanitation sector. Approximately 120,000 households will directly benefit from improved drinking water services in the San Salvador Metropolitan Area.
2022-09-15

Argentina to Boost Water Security with IDB Support

September 15, 2022
The Inter-American Development Bank (IDB) approved a line of credit of up to $810 million for Argentina's water resources management and water security program. The IDB credit line provides for three individual loan operations over a 12-year period. Its multipurpose approach covers water for human consumption, industry, energy, irrigation and livestock, as well as adaptation to the impacts of climate change.
2022-09-15

IDB Lab Finances Peruvian Startup Focused on Loans to Micro and Small Businesses

September 13, 2022
The $2 million loan will favor the financial inclusion of businesses that traditionally face problems with access to credit IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), will finance the fintech Prestamype with $2 million to improve access to credit for micro and small enterprises in Peru. The loan will drive the financial inclusion of a spectrum of underserved businesses that, in many cases, lack the credit history or level of formality needed to access financing.
2022-09-13

IDB Launches Australian Dollar Sustainable Development Bond for Taiju Life

September 09, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 15-year fixed rate Sustainable Development Bond (SDB) in Australian Dollar highlighting the Sustainable Development Goal (SDG) 13 - Climate Action. Taiju Life Insurance Company is the sole investor of the bond with Daiwa Capital Markets America Inc. being the arranger.
2022-09-09

IDB Launches $3 Billion 7-Year Fixed-Rate Sustainable Development Bond

September 09, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 7-year Global Sustainable Development Bond benchmark. The transaction pays a semi-annual coupon of 3.500% and matures on 14th September 2029.
2022-09-09

Brazilian State of São Paulo to Advance its Digital Transformation with IDB Support

September 08, 2022
The State of São Paulo, Brazil, will advance its digital transformation process to improve the quality and efficiency of public services to citizens, with a $164 million loan approved by the Inter-American Development Bank (IDB). The funds will be used to expand digital inclusion through greater access to and use of digital public services, and to improve the efficiency and transparency of public management through digital transformation.
2022-09-08

Investment Forum Highlights Foreign Investment Opportunities in Paraguay

September 08, 2022
ASUNCION – Paraguay is well placed to take advantage of the reconfiguration of global and regional value chains and attract more foreign direct investment, setting the stage for more job creation and sustainable growth.
2022-09-08

Experts to Analyze How to Hasten Sustainability Revolution in Latin America, Caribbean

September 07, 2022
The One Region, One Commitment conference will take place on September 14, on the cusp of COP27 On September 14th, the Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest, will hold the One Region, One Commitment virtual conference, where members of governments, the private sector, civil society, and academia will jointly examine the progress countries in Latin America and the Caribbean have made toward building low-carbon, climate-resilient economies.
2022-09-07

IDB Reiterates Commitment to Argentina and Increases Support to Address Liquidity Needs

September 07, 2022
IDB President Mauricio Claver-Carone and Argentina’s Minister of Economy, Sergio Massa, met to discuss the Bank’s ongoing efforts to support Argentina and agreed to prioritize and optimize the Bank’s 2022 lending program to maximize support for Argentina’s liquidity needs. The decision is the result of productive meetings during which Claver-Carone and Massa discussed the minister’s ideas and economic policy plans for Argentina.
2022-09-06