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.

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.

A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic

Friday, January 26, 2007 - 03:00
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies

Mainstreaming technical training for low-income women

Tuesday, December 21, 2004 - 03:00
Many poor women in Latin America have trouble entering the labor market. A pilot program to increase women's employability in the region has strengthened training for women in technical schools and improved the quality, opportunities and gender equity in technical training and in the labor market.

The double-edged sword of currency mismatches

Thursday, November 4, 2004 - 03:00
Doing business in dollars has proved to be risky many times over in Latin America. When the price of the dollar goes up, local exporting companies increase their income and therefore try to export more. But that same exchange rate depreciation spells trouble to all companies indebted in dollars, and big trouble to the ones who owe money in dollars and have income in local currency.

Profile of the young Latin American entrepreneur

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).

Comparing environmental laws in Latin America

Tuesday, November 25, 2003 - 03:00
It used to be that in Latin America environmental problems were accepted as a part of doing business--if they were thought of at all. But most countries today have strict environmental regulations designed to protect the land, soil, water, and biological resources. Most also have laws requiring that communities and the public be informed about new development projects, and have the opportunity to air their views and even influence final decisions.

Promoting citizen participation and ethics in IDB projects

Tuesday, September 30, 2003 - 03:00
Six IDB projects in Mexico and Central America were analyzed during a recent workshop on social capital, ethics and development. The goal of the workshop, held at IDB headquarters in Washington, D.C., was to further integrate social participation and an ethical dimension as components of development projects. The event was attended by 43 specialists from the Bank and other international organizations.