Thursday, January 28, 2010 - 03:00
Lucy Conger (*) For the Haitians who lost everything after the Jan. 12 earthquake, they needed the basics: Food, water and shelter. They also needed money. The story about getting remittances that Haitians in the United States were sending to their relatives in Haiti includes a heroic feat by Fonkoze—an alternative bank for the poor that specializes in micropayments— negotiations deep into the night and cash drops by U.S. soldiers.
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.
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.
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.
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.
Thursday, September 1, 2005 - 03:00
By Paul Constance, Délugé-Piatre, Haiti Traffic on the highway that runs up Haiti’s Western shore from Port-au-Prince used to come to a standstill at Délugé-Piatre, a pair of adjacent seaside communities some 70 km north of the capital.
Wednesday, July 21, 2004 - 03:00
The Inter-American Development Bank joined donor countries and multilateral agencies at an international conference held in Washington, D.C. to raise financial aid for priority programs for the political, economic and social recovery in Haiti, the poorest country in the Western Hemisphere.
Thursday, May 27, 2004 - 03:00
According to news reports, hundreds of people are either dead or missing in communities along the arid southern border between these Caribbean countries. The floods triggered by several days of torrential rains have also left thousands homeless in some of the island's poorest areas. IDB country offices in Santo Domingo and Port au Prince are in touch with Dominican and Haitian authorities, as well as international donors, to assess their nations' immediate needs and identify available loan resources that could be applied to assist the recovery.