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The Smart Fight Against Beach Erosion and Natural Disasters in Barbados
March 04, 2013
The construction of a kilometer-long boardwalk between Rockley and Coconut Court on the southern coast of Barbados is not only a tourist attraction—it also provides safe access to beaches and has increased beach width by nearly 20 meters.
IDB fuels impact investing in Latin America
February 13, 2012
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change
Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.
Paraguay and the IDB: partners in development
December 15, 2011
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development
Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.
A water turnaround in Haiti
November 03, 2011
Before the project started in 2008, Saint Marc had running water for nine hours a week, at best. At present service is up to 10 hours a day—the highest average in any urban area in Haiti.
A small price to pay
November 03, 2011
GOMIER, Haiti – Danette François used to walk 30 minutes to fetch water from a well in this seaside village. The water was free but brackish and untreated. Her children often fell ill. She now spends a few minutes each day to fill a 5-gallon bucket of chlorinated water, paying a community-established fee of one gourde— the equivalent of two cents.
“The price? It’s really cheap, like a gift,” said François, who has five children between the ages of 10 and 4. “I’m happy. My kids are not getting sick.”
Improving housing conditions in Paraguay
June 27, 2011
An innovative way of allowing low-income families to afford home improvements
IDB backs base-of-the-pyramid business models in Latin America and the Caribbean
March 09, 2011
Projects aim to boost income and improve quality of life of low-income people with companies, governments and NGOs
The Inter-American Development Bank (IDB) is teaming up with companies, governments and non-governmental organizations in novel projects to generate new business models that provide low-income people in Latin America and the Caribbean with quality goods and services, improved earning opportunities and enhanced living standards.
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.
Natural disaster risks remain high in Latin American and the Caribbean, IDB says
September 30, 2010
Latin America and the Caribbean face potentially crippling economic and social costs from natural disasters and needs to do more to reduce risks and prepare government finances to respond to eventual catastrophes, according to a new set of indicators by the Inter-American Development Bank (IDB).
The Caribbean and the IDB at a Glance
September 27, 2010
The IDB member countries of the English-speaking Caribbean – The Bahamas, Barbados, Belize, Guyana, Jamaica and Trinidad and Tobago – along with Dutch-speaking Suriname, are brought together by commerce, geography, history and traditions. Their economic situation and development challenges, however, may vary widely.