Public-Private Partnership Transforms a Road System and a Region in Peru

Friday, July 26, 2013 - 03:00
A decade ago, the only way to transport goods from the Port of Callao in Lima to the northern part of Peru was on the 183-kilometer Ancón-Huacho-Pativilca road system, a maze of narrow two-lane roads through a series of densely populated areas. For trucks transporting cargo the countless traffic jams cost precious time and money. For the local populations, the costs were felt in terms of congestion, noise and road safety.

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.

Young people with big ideas that transform society

Thursday, March 14, 2013 - 03:00
Participate and follow us on Twitter using @bidjuventud How does one solve old problems? With new ideas PANAMA CITY – We must listen to the voices of young people, with their fresh ideas and their plans for the future. And especially in Latin America and the Caribbean, the region with the world’s youngest population, where the average age is only 27.

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.

IDB fuels impact investing in Latin America

Monday, February 13, 2012 - 03:00
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.

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.

Women entrepreneurs: too often trapped in the microenterprise ghetto

Wednesday, October 5, 2011 - 03:00
Innovative approaches can boost women’s economic presence among small business owners in Latin America and the Caribbean Over the past three decades, women in Latin America and the Caribbean have dramatically increased their role in the workforce. Currently, about half of women in the region are economically active, more than double the level in the 1970s. They have been elected presidents of several Latin American countries and often dominate the microenterprise and microfinance sector, providing an important contribution to regional economies.

IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

Friday, March 25, 2011 - 03:00
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.