March 04, 2013
The construction of a kilometer-long boardwalk between Rockley and Coconut Court on the southern coast of Barbados is not only a tourist attraction—it also provides safe access to beaches and has increased beach width by nearly 20 meters.
June 19, 2012
Communities diversify income through increased access to new techniques that promote better use of natural resources and less deforestation
February 13, 2012
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.
December 15, 2011
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.
November 01, 2011
Since 1994, the IDB has contributed to the creation of more than one million jobs by providing support during the different stages of the Tourism Development Program (PRODETUR) The Inter-American Development Bank has made important contributions to the development of Brazil’s tourism industry since 2004 with its support for the Northeast Tourism Development Program (PRODETUR Nordeste I).
June 27, 2011
An innovative way of allowing low-income families to afford home improvements
May 26, 2011
IDB grant to provide electricity for 1,500 homes and roadmap to spark investment in solar power in Latin America and the Caribbean With the rise in energy demand in Latin America and Caribbean over the last decade and growing pressure to tackle climate change related issues, countries in the region are looking to solar and other renewable energies.
Innovative community participation supports program to fight environmental degradation of Brazil’s Atlantic forest
April 25, 2011
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.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.
March 09, 2011
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.