IDB ramps up financing for green projects in Latin America and the Caribbean

Friday, March 16, 2012 - 03:00
Participate in Twitter using #IDBmtg Bank approved record $736 million in loans last year for private sector projects in renewable energy and energy efficiency The Inter-American Development Bank (IDB) is ramping up lending for private sector projects related to renewable energy and energy efficiency to help bridge the gap for long-term financing for green investments in Latin America and the Caribbean.

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.

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.

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.

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.

Innovation is the key to sustainable development in Latin America and the Caribbean

Monday, November 8, 2010 - 03:00
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Indigenous communities in Central America use traditions to protect biodiversity

Friday, May 21, 2010 - 03:00
Not long ago, José López Hernández, a member of the Oxlajuj No'j tribe, would readily take his axe to chop down trees in the town of Santa María de Jesús in the heart of Guatemala.

Sustainable energy for Haiti, Bahamas and Barbados

Friday, May 21, 2010 - 03:00
Tens of thousands of Haitians who lost their homes in Port-au-Prince have left the city and migrated to rural villages or temporary encampments. International aid organizations are currently helping to construct clinics, schools, administrative centers and warehouses in some of these villages, which are located in remote areas without access to basic services.

Guatemala makes strides in protecting Maya Biosphere Reserve with IDB support

Friday, May 21, 2010 - 03:00
The Inter-American Development Bank (IDB) is helping Guatemala advance in its efforts to protect and sustainably develop the Maya Biosphere Reserve, Central America’s largest protected area.

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).