The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility, which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.

• Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year

• Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

The Innovation Lab of the IDB Group (MIF), the Monge Foundation, and BanQu, a for-purpose blockchain as-a-service company, have joined forces to launch a pilot program aimed at improving Costa Rican youth employment outcomes.  This new pilot seeks to provide Costa Rican youth with secure and immutable records of certificate completion from school, internships, and employment using blockchain technology.

The Innovation Lab of the IDB Group (MIF), the Monge Foundation, and

More than 23,000 homes in northern Haiti will benefit from better environmental and health conditions through a solid waste management and final disposal program

The Inter-American Development Bank (IDB) has approved a $33.5 million grant to help finance an integrated solid waste management program in northern Haiti.

The program’s goal is to boost living conditions in the departments of Cap-Haitien, Limonade and Quartier Morin by improving management and funding solid waste handling and final disposal infrastructure.

The program is the first of two operations under the Programmatic Policy-Based Lending modality which will help improve the sustainability of the electricity sector in Bolivia

The Inter-American Development Bank (IDB) has approved a $51.6 million loan for Bolivia which will strengthen sustainable development of the electricity sector, including the promotion of renewable energies such as geothermal, solar and wind power.

Launching an Orange Future analyzes the situation of creative and cultural entrepreneurs in the region

Around 70% of creative entrepreneurships fail because of bad financial planning, lack of understanding of the market and poor cash flow, according Launching an Orange Future, the new e-book released by the Inter-American Development Bank (IDB) in collaboration with the Failure Institute.

The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), priced a new $2.8 billion, 10-year global bond. 

The transaction pays a semi-annual coupon of 3.125% and matures on 18 September 2028. Priced with a spread of 18.15 basis points over the UST 2.875% due August 2028, this represents a yield of 3.15%. 

A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

$150 million loan will improve service quality by reducing power outages

The approved lending operation will strengthen Honduras’s National Transmission System (NTS) by financing priority works under the National Electricity Energy Company’s (ENEE, after its Spanish initials) investment program.