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.

IDB fuels impact investing in Latin America

Monday, February 13, 2012 - 03:00
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.

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.

Improving housing conditions in Paraguay

Monday, June 27, 2011 - 03:00
An innovative way of allowing low-income families to afford home improvements

Increased opportunities for higher education

Monday, June 27, 2011 - 03:00
Mexico's FINAE to expand student loan offerings, allowing more low-income students to get degrees and training that will lead to better jobs and brighter futures College degrees are hard to obtain in Mexico, especially for students from low-income families. Public universities have been unable to meet demand and many aspiring students do not earn enough to pay for tuition at private universities. As a result, only one in four Mexicans between the ages of 19 and 24 is enrolled in college—a number that drops to one in 30 for young people at the base of the pyramid.

IDB backs base-of-the-pyramid business models in Latin America and the Caribbean

Wednesday, March 9, 2011 - 03:00
Projects aim to boost income and improve quality of life of low-income people with companies, governments and NGOs The Inter-American Development Bank (IDB) is teaming up with companies, governments and non-governmental organizations in novel projects to generate new business models that provide low-income people in Latin America and the Caribbean with quality goods and services, improved earning opportunities and enhanced living standards.

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.