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.

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.

Managing natural disasters

Friday, September 24, 2004 - 03:00
Earthquakes, hurricanes and other natural disasters are responsible for billions of dollars in losses and increased indebtness throughout Latin America and the Caribbean. Average annual losses for the region from these events average $3.2 billion between 1975 and 2002, according to the Emergency Disasters Data Base (EM-DAT 2003). Most countries in the region lack the funding needed for post-disaster reconstruction and have largely relied on multilateral credit facilities to respond their emergency needs.