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.
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.
Tuesday, September 6, 2005 - 03:00
Remittances and a cross-border network of businesses, nonprofits, credit unions, microfinance institutions and other financial players are connected through a debit and stored-value card platform that has one very simple result: everybody wins. The business model, combining efficient use of technology with cheaper remittances transactions and better business for financial institutions, was presented at IDB headquarters by UCLA professor and successful entrepreneur Raúl Hinojosa.
Monday, November 22, 2004 - 03:00
The IDB is developing its Environment and Safeguards Compliance Policy. The goal of the new policy is to help advance the Bank's mission for promoting sustainable development and reducing poverty across the Latin American and Caribbean region. The specific objectives of the policy are to maximize development benefits and environmental sustainability outcomes in Bank operations and activities; to manage risks to ensure that all Bank operations and activities are environmentally viable, and to improve and promote corporate environmental responsibility within the Bank.
Tuesday, October 19, 2004 - 03:00
A model that connects online remittances and microfinance institutions was presented recently at IDB headquarters in Washington, DC, by Atsumasa Tochisako, CEO of Microfinance International Corporation (MFIC). The company has started sending remittances to microfinance institutions in El Salvador through it and plans to open shop in several other Latin American countries.
Monday, July 26, 2004 - 03:00
They belong to the middle class, have university degrees and on average begin to think about being entrepreneurs at 25, but they do not open their first company until about 5 years later. These are the characteristics that define the young Latin American entrepreneurs, according to a recent study by the Inter-American Development Bank that is the subject of the book Desarrollo Emprendedor (published in Spanish and available in English in the fall).
Tuesday, November 4, 2003 - 03:00
The Lempa River's lower valley, a fertile flood plain on El Salvador's Pacific coast, has seen more than its fair share of trouble. Not only is the valley prone to severe flooding, such as the deluge triggered by Hurricane Mitch in 1998. It is also exposed to tidal surges, landslides and earthquakes. Its population has grown rapidly to more than 35,000 since the civil war ended a decade ago. Every time the Lempa bursts its banks, residents risk losing their crops, their possessions and their lives.