IDB Completes Credit-Risk Insurance Deal with Private Sector to Enhance Lending Capacity

The Inter-American Development Bank (IDB) completed its second risk-transfer transaction with private insurance companies, leveraging credit insurance protection to diversify its portfolio and unlock capital for additional lending. 

This transaction provides $300 million in credit insurance coverage across two sovereign exposures on the IDB’s balance sheet. By releasing capital with a lending multiplier of up to four times, the deal expands the Bank’s ability to increase development financing, supporting critical projects and improving lives in Latin America and the Caribbean. The coverage is distributed among seven insurance companies in the United States and Europe, including four new counterparties participating in this initiative.  

As a pioneer in credit-substitution transactions and guarantees, the IDB continues to lead innovative collaborations with Multilateral Development Banks (MDBs), governments, and the private sector. This effort reinforces the IDB’s strategy to maximize lending capacity and aligns with the recommendations of the G20-sponsored MDB Capital Adequacy Framework Review. 

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USAID Launches New Window of $50 Million for EDGE Fund to Boost Innovation through Private Sector Partnerships

Press Release

USAID announced a new $50 million round of funding for the USAID’s EDGE Fund. The EDGE Fund enables USAID Missions worldwide to leverage private sector expertise, networks and supply chains to drive sustainable and scalable solutions to global challenges.  

Recognizing that the needs faced by communities around the globe are simply too large for governments and donors to tackle alone, USAID engages a wide range of partners in its work, most notably the private sector. The EDGE Fund supports the most catalytic types of private sector partnerships in which there is significant alignment between the commercial interests of our private sector partners, the development objectives of the Agency, and development needs of local populations, ensuring continued private sector investment into targeted communities well into the future.

Through prior rounds of EDGE funding, USAID is investing $100 million and is leveraging over $280 million from the private sector to implement solutions that could unlock upwards of $2 billion in mobilized investments for sustainable development. Through collaborations with over 80 private sector partners, the EDGE Fund is advancing market-led solutions that address conflict, displacement, and food insecurity; accelerate inclusive economic growth; tackle the climate crisis; and combat political repression and corruption.   

This new $50 million third round of funding, brings total USAID investment through the EDGE Fund to $150 million.

Prospective partners can submit Expressions of Interest on the EDGE Fund page.

 

 
 
 

 

Ontdek internationale financieringsopties voor wederopbouwprojecten in Oekraïne

Donderdag 13 februari 2025 | Den Haag

 

Beste ondernemer,

U heeft eerder aangegeven dat u interesse heeft in zakendoen met Oekraïne. We vertellen u daarom graag als eerste over een belangrijk evenement, dat wij op 13 februari organiseren in Den Haag.

Tijdens dit evenement hoort u alles over Internationale Financiële Instellingen (IFI’s) en hoe zij bedrijven financieren bij de wederopbouw in Oekraïne. Wilt u als Nederlands bedrijf actief meehelpen met de wederopbouw? Dan kunt ook u in aanmerking komen.

IFI’s investeren veel geld in de wederopbouw in Oekraïne. Tijdens het evenement leggen experts u uit welke financiering beschikbaar is en hoe u hiervan gebruik kunt maken. Ook leggen zij uit hoe het officiële tenderproces werkt. U ontvangt waardevolle informatie, die u een streepje voor geeft in het uitgebreide aanvraagproces.

Zet 13 februari 2025 dus in uw agenda! Binnenkort vindt u op rvo.nl meer informatie over het programma en aanmelden.

Met vriendelijke groet,

De Rijksdienst voor Ondernemend Nederland

 
 
 

 

Côte d’Ivoire’s Debt-for-Development Swap, Enabled by the World Bank Group, Will Free up Funds for Education

ABIDJAN, December 5, 2024 – With support from the World Bank Group, Côte d’Ivoire will complete a debt-for-development swap, a transaction designed to improve the country’s debt profile and generate significant fiscal savings. The money saved by replacing expensive debt with cheaper financing will be used to improve education across the country. This will be the first debt-for-development swap of its kind supported by the World Bank Group.

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South Asia’s Development Journey: How IDA is Transforming Lives

For over six decades, the World Bank’s International Development Association (IDA) has2024-sar-ida-1140x500_1140x500 been a lifeline for low-income countries, providing them with affordable development funding when few other options exist. IDA has helped improve millions of lives and supported development results that have moved countries forward.

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An Open Letter on IDA21 to Our Shareholders, Clients, Partners, and the Global Development Community

Over the past year, we have navigated an incredibly challenging global landscape—one marked by economic uncertainty, rising debt levels, climate shocks, and an ever-pressing need for human development. Yet, amid these challenges, something remarkable has unfolded: a collective effort, driven by the shared belief that we can do better, that we must do better, for the world’s most vulnerable.

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Putting people at the center of climate solutions

Tackling a silent killer: why antimicrobial resistance matters

Antimicrobials, natural or manufactured substances that can resist and prevent the growth ofAMR-blog_1140x500 microbes such as bacteria, viruses, fungi and parasites, are essential for the health and welfare of both animals and humans.

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Introduction: Advisor to Executive Director Nadia van Huisstede

About 3 months ago (September 2024) I started my position at the Dutch executive NvH_pasfotodirector’s office at the World Bank. Coming from the NL Ministry of Finance, my previous job was coordinating the team responsible for World Bank, IMF and G20 matters where my focus was on the World Bank and sovereign debt. Great to be at the Bank now and to remain engaged – albeit in a different role – in the leading multilateral development bank.

In previous roles at the Ministry of Finance I focused on the European Investment Bank and on the NL budget. My expertise is in financial issues (capital increases, domestic resource mobilization, illicit financial flows, financial instruments). No surprises there when looking at my background.

At the Bank I will continue to cover those issues and IDA, climate including biodiversity & nature and procurement.

 

 
 
 

 

WACA: Nature Based Solutions Study Tour

From 18 to 22 November, the Nature-Based Solutions (NBS) study tour took place in the original-4C8DEE63-2AAF-4484-ACE1-4301AF8651B6Netherlands. West African countries that are part of the WACA program (West African Coastal Areas Management Program) of the World Bank, visited various Dutch Nature Based water management Solutions. The delegation consisted of 22 participants including Worldbank staff, government officials and environmental experts responsible for water management (coastal erosion), from eight West African countries: Benin, Guinea-Bissau, Senegal, Togo, Ghana, Sao Tome & Principe, Gambia and Mauritania.

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