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.

From visitors to tourists

March 14, 2010
With the booming Cali as its business center, amazing natural beauty at short distances, a rich historic heritage and a variety of cultural attractions, the Cauca Valley attracts millions of Colombians from other regions every year. The problem is that almost all of them are visitors, not tourists.

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.

Clean, Green & Safe

October 08, 2008
BY LUCY CONGER Microenterprise and the informal economy often go hand-in-hand. When people consider icroenterprise, they tend not to focus on issues that concern larger businesses such as corporate governance, environmental impact, and fair treatment of labor.

IDB and Energy

March 27, 2008
The Inter-American Development Bank’s energy portfolio includes a wide array of investments aimed at improving the energy security of its member countries by exploiting both conventional and renewable sources. In 2007 the Bank approved US$2.5 billion in energy-related operations. Many of these loans will support high-priority gas and electricity infrastructure projects. For example, the IDB approved: A US$32.7 million loan for a wide-ranging investment program to strengthen Nicaragua’s electricity system.

IDB in Brief

March 24, 2008
The Inter-American Development Bank was created in 1959 to help accelerate the economic and social development of its member countries in Latin America and the Caribbean and to promote regional integration. The Bank has 47 member countries: 28 in the Western Hemisphere, 16 in Europe, as well as Israel, Japan and the Republic of Korea.  The Latin American and Caribbean countries as a group hold half the shares in the institution.

IDB and Infrastructure

March 24, 2008
    The Inter-American Development Bank, the main source of multilateral development financing for Latin America and the Caribbean, plans to allocate US$12 billion for infrastructure projects in the region by 2010.

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.