Government Services at Your Fingertips in Chile

Monday, May 6, 2013 - 03:00
Chile has long had one of the highest Internet penetration levels of all the countries in Latin America and the Caribbean. The question has been how to turn this into a tool to support the country’s economic and social development. The answer came when Chile, as part of an ambitious ongoing digital development strategy, decided in 2004 to revamp its e-government platform and expand its range of public services over the Internet for citizens and businesses.

Latin American and Caribbean Women: Better Educated, Lower Paid

Monday, October 15, 2012 - 03:00
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.

IDB ramps up financing for green projects in Latin America and the Caribbean

Friday, March 16, 2012 - 03:00
Participate in Twitter using #IDBmtg Bank approved record $736 million in loans last year for private sector projects in renewable energy and energy efficiency The Inter-American Development Bank (IDB) is ramping up lending for private sector projects related to renewable energy and energy efficiency to help bridge the gap for long-term financing for green investments in Latin America and the Caribbean.

Valparaíso blooms again

Wednesday, December 21, 2011 - 03:00
Take a walk in Cerro Alegre, a neighborhood overlooking the Chilean port of Valparaíso, and you may briefly think you have been transported to a quaint Mediterranean resort. Narrow cobblestoned streets, stately 19th century houses painted in bright pastels, funky sidewalk cafés and window boxes overflowing with flowers are everywhere—along with sweeping views of the shimmering Pacific Ocean.

Renewable energy to power irrigation in the Atacama desert

Thursday, December 15, 2011 - 03:00
With support from the IDB, Subsole will be the first company in Chile’s fruit industry to use solar photovoltaic energy The Atacama desert is the driest place on earth and the region with the highest solar radiation on the planet. That’s where Subsole, one of the Chile’s largest locally owned exporters of table fruits, is planning its future growth, and it will use the power of solar energy and energy efficiency to achieve its goal.

IDB invites feedback on new project impact mechanism for communities

Wednesday, May 6, 2009 - 03:00
The Inter-American Development Bank today unveiled its new proposed Independent Consultation and Investigation Mechanism (ICIM)—the process through which affected communities can voice concerns about an IDB project. The ICIM is a draft proposal, which is open to public consultation for civil society groups and other actors to express their suggestions and provide feedback. The idea is to enhance and speed up the investigation process of external allegations.

IDB seminars in Medellín to discuss impacts of global financial crisis

Monday, March 23, 2009 - 03:00
The Inter-American Development Bank (IDB) is promoting the discussion and analysis of the impacts of the global financial crisis in Latin America and the Caribbean during seminars in Medellín, Colombia, related to the 50th Annual Meeting of the Bank'sBoard of Governors. The discussions will feature government leaders such as Colombian President Alvaro Uribe, Zhou Xiaochuan and governor of the People’s Bank of China, as well as noted experts such as Robert Merton, a Nobel Prize-winner economist.

Latin America and the Caribbean see slower growth in next four years

Thursday, March 19, 2009 - 03:00
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
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.

Venture capital for low-income markets

Thursday, February 26, 2009 - 03:00
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.