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IDB Invest Issues Green Bond to Support Sustainable Management of Natural Resources

IDB Invest, the IDB Group’s private sector institution rated AAA/Aa1/AA+, issued a new AUD 50 million, 15-year green bond supporting the sustainable management of living natural resources and land use. Taiju Life Insurance Company is the sole investor in the bond led by Deutsche Bank.

The bond proceeds will support various projects aligned with the Green Bond Categories in IDB Invest’s Sustainable Debt Framework. As part of its mission to support private sector development in Latin America and the Caribbean, IDB Invest has provided financing to increase fruit production in Peru and reinforced agricultural market links and exports in Ecuador.

Latin America and the Caribbean has a variety of vulnerable settlements in diverse terrains including coastal, mountain and floodplain areas that require careful resource management. By providing this new green bond, IDB Invest will continue its strategy of mainstreaming sustainability in capital markets, attracting new investors and providing a sustainable framework to the markets.

“This is another example of an MDB walking the talk on sustainability,” said Orlando Ferreira, IDB Invest’s Chief Finance Officer. “We are leading on sustainable finance and attracting new sources of capital to address the urgent environmental and development crises facing our region. We aim to have a demonstration effect and continue providing the market solutions that reduce vulnerabilities and increase economic opportunities.”

“Deutsche Bank is proud to have partnered with IDB Invest and contribute to sustainable management of living natural resources and land use in Latin America and the Caribbean as aligned with the UN’s Sustainable Development Goals 11, 12 and 13. Through this transaction, IDB Invest continues to build support and raise awareness for the ongoing challenges in the region, further cementing its position as a key MDB in sustainable finance. The diversity of IDB Invest’s sustainable debt program continues to attract major investors to their strong ESG and credit fundamentals,” said Alix Kennedy, Australia Debt Syndicate, Deutsche Bank.

This bond extends the series of IDB Invest’s green and blue bonds issued for Japanese life insurance companies, highlighting such companies’ support for IDB Invest’s climate action. It also contributes towards the UN Sustainable Development Goals 11, 12 and 13.


Transaction Summary


Inter-American Investment Corporation (IDB Invest)

Issuer Rating:

AAA/Aa1/AA+ (Fitch/Moody’s/S&P)


 Australian Debt Issuance Program


AUD 50,000,000

Settlement Date:

August 2, 2023




Maturity Date:

August 2, 2038

Issue Price:

 July 19, 2023


Not listed

Clearing Systems:

Austraclear, Euroclear

Lead Manager:

Deutsche Bank


About IDB Invest

IDB Invest, a member of the Inter-American Development Bank Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $16.33 billion in assets under management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.