IDB and People of African Descent in Latin America

Wednesday, November 16, 2011 - 03:00
People of African descent represent 33% of the population of Latin America and the Caribbean, and an estimated 50% of them live in poverty. Latin America is one of the most unequal regions of the world. Inequality is partly explained by the lack of opportunities determined at birth by race and ethnicity. Inequalities have a direct impact on human development and overall economic development in Latin America and the Caribbean.

A capital challenge in Haiti

Thursday, November 3, 2011 - 03:00
Until February 2011, Jean-Claude Seropian, a French hydraulic engineer, worked in Paris as director of operations of Suez Environnement, one of the world’s leading water and waste management companies. That month he moved to Haiti as head of a team of five technical, financial and management experts from Suez and two sister companies, Aguas de Barcelona and United Water. Their mission: to work with the staff of Port-au-Prince’s ailing water utility to arrest the decline of its services.

The IDB in Brazil at a glance

Monday, April 25, 2011 - 03:00
Highlights: support for the World Cup cities, environmental conservation, and infrastructure Brazil is one of the IDB’s founding member countries. Since 1961, the Bank has approved $40 billion in loans and guarantees for Brazil that have helped fund projects costing more than $110 billion. These projects, in the areas of ​​infrastructure, environment, institutional strengthening, and poverty reduction, have been carried out in close cooperation with all levels of government, civil society, and the private sector.

Innovative community participation supports program to fight environmental degradation of Brazil’s Atlantic forest

Monday, April 25, 2011 - 03:00
IDB helps promote conservation and provide better housing conditions for more than 8,000 families, many of them living in high-risk hillsides in Serra do Mar A $470 million project backed by the Inter-American Development Bank (IDB) and the Brazilian state of Sao Paulo is seeking to protect what is left of the Atlantic forest while ensuring better livelihoods for the local communities. One of the key components of the project is to move residents to safer areas.

Recycling: an opportunity for change in Colombia

Monday, February 14, 2011 - 03:00
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.

IDB promotes dialogue with civil society

Thursday, March 18, 2010 - 03:00
The Bank approved this year a new set of guidelines that will improve the relationship between its 26 country offices and civil society. In addition, the IDB has given civil society greater access to voice its concerns and monitor Bank-financed projects through a new Independent Consultation and Investigation Mechanism (ICIM).

IDB and Civil Society make progress with public consultations and work agenda at meeting in Guadalajara

Saturday, November 7, 2009 - 03:00
The Inter-American Development Bank (IDB) and members of civil society in Latin America and the Caribbean agreed at their annual meeting on a roadmap toward increased transparency and more robust participation by social organizations in the activities of the Bank. The agenda was agreed upon during the Ninth Annual IDB-Civil Society Meeting, held in Guadalajara, on November 5 and 6. The Meeting was attended by the President of the IDB, Luis Alberto Moreno.

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.

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.