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.
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.
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.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.
February 14, 2011
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.