Harnessing volcanoes’ energy in Nicaragua

March 09, 2011
Sitting on top of a chain of volcanoes, Nicaragua is the ideal candidate to exploit geothermal energy sources. Ironically, though, the country depends on oil and coal for its electricity even as it struggles to keep up with energy demand. The Inter-American Development Bank (IDB) aims to change that through the San Jacinto-Tizate Geothermal Power Project.

Mesoamerica renews push towards integration

October 25, 2010
The presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, Colombia and the Dominican Republic will meet tomorrow, Oct. 26, in Cartagena, Colombia at the XII Summit of the Tuxtla Mechanism for Dialogue and Coordination. The heads of state will be informed of the progress made by the Mesoamerica Project in terms of regional integration and will decide further courses of action.

Central America's integration is in full swing

July 21, 2010
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality. PAC53 - Road from La Chorrera to Arraijan, in Panama.

Mesoamerica Advances

July 29, 2009
The regional integration initiative known as Proyecto Mesoamérica is gaining momentum. It was a central item on the agenda of the XI Cumbre de Tuxla (an annual summit of regional heads of state), which concluded in Costa Rica today. Last week news reports focused on a proposed multimodal transportation strategy to improve the region’s competitiveness. And last June, the IDB announced the second phase of a project known as Tránsito Internacional de Mercancía, which will introduce a unified customs system for use on the borders of all Mesoamerican countries.

The IDB, a partner of Colombia in development

March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Microfinance Ranking Championship League 2008

October 08, 2008
By Matthew Gerhrke, Renso Martinez and Maria Cecilia Rondon, Microfinance Information Exchange, INC. (MIX)Microfinance in Latin America and the Caribbean skyrocketed in 2007, fueled by booming demand for financial services from microentrepreneurs in the region’s fastgrowing economies along with new funding in both debt and deposit. The region and its microfinance institutions (MFIs) remained in the forefront of attractive investment opportunities.

A biodiesel odyssey

August 01, 2007
Some people travel in order to find themselves. Others travel to find sources of clean, renewable fuels. Last April, exactly 50 years after Jack Kerouac published “On the road,” one of the defining novels of the Beat Generation, a group of young professionals gathered in Washington, D.C., to embark on a very different kind of road trip.

Fueling the tank with grease

March 30, 2007
From the corridors of prestigious universities, government bureaus and her hard-working desk at the Worldwatch Institute, bioenergy researcher Suzanne Hunt is having a break from the hectic institutional setting to hit the road and drive 4,500 miles on grease power from the USA to Mexico, Guatemala, Honduras, Nicaragua and Costa Rica.

Solar lights that won’t go out

April 01, 2006
By Arnaldo Vieira de Carvalho*For Katalina Erlinda Peña de Romero’s family, sunset used to mean an abrupt end to all activity. Their house in the rural municipality of Caluco, in the Salvadoran department of Sonsonate, did not have electricity, and the family income was so meager that they often could not afford to buy kerosene to light lamps.

Lights and shadows

December 01, 2005
By Milagros Belgrano Rawson