Inter-American Investment Corporation - IDB Invest

SECTOR Supranational
RATINGS AA+/Aa1/AAA
RATING OUTLOOK Stable/Stable/Negative
PAID-IN CAPITAL (31 Dec 2020) US$2BN
FUNDING VOLUME 2020/2021 US$2BN/US$2-2.5BN
RISK WEIGHT 20%
REPO ELIGIBILITY*

None

About IDB Invest

IDB Invest, a member of the Inter-American Development Bank Group (IDB Group), was established in 1986 as a multilateral development bank with the mission to promote the development of Latin American and Caribbean economies through the private sector.

It finances sustainable enterprises and projects to achieve financial results that maximise economic, social and environmental development for the Latin-American and the Caribbean regions. IDB Invest is owned by its member countries – 26 Latin American and the Caribbean countries and 21 countries from North America, Asia and Europe.

IDB Invest provides financing through loans, investments in debt securities, guarantees and equity investments, and arranges additional project funding from other investors and lenders. It also provides financial and technical advisory services.

Sustainable funding strategy

IDB Invest launched its Sustainable Debt Framework in 2021 to provide investors with green, social and sustainability (GSS) bonds and other debt instruments. The framework is aligned with the Green Bond Principles and Social Bond Principles and has received a second-party opinion from Vigeo Eiris.

The Impact Management Framework is an end-to-end toolkit that allows IDB Invest to quantify, track and report the expected and realised impact of its development projects. It maps every project to the UN Sustainable Development Goals based on the impact indicators. The Environmental and Social Sustainability Policy is also applied to all projects financed.

IDB Invest has issued US$1.5 billion worth of GSS bonds in three currencies.

SUSTAINABILITY OBJECTIVES OF GSS BOND PROGRAMME
To finance eligible social projects in the following categories: affordable basic infrastructure, access to essential services, food security and sustainable food systems, employment generation, socio-economic advancement and empowerment; and eligible green projects in the following categories: renewable energy, energy efficiency, clean transportation, environmentally sustainable management of living natural resources and land use, climate-change adaptation and climate resilience, sustainable water and wastewater management.

GSS BOND PROGRAMME NAME IDB Invest Sustainable Debt Framework

REFERENCE TAXONOMIES FOR THE USE OF PROCEEDS

Green Bond Principles, Social Bond Principles categories, issuer’s own definitions.

FRAMEWORKS WITH WHICH THE GSS BOND PROGRAMMES ARE ALIGNED Green Bond Principles, Social Bond Principles
EXTERNAL REVIEW PROVIDERS Vigeo Eiris

PUBLIC ISSUER ESG RATINGS/SCORES
IDB Invest has received unsolicited ratings from various ESG rating agencies.

FOR FURTHER INFORMATION PLEASE CONTACT:

Eusebio Garre
Head of Funding
+1 202 623 1626
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Monica Landaeta
Senior Funding Officer
+1 202 623 3160
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www.idbinvest.org/en/investors