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The Smart Fight Against Beach Erosion and Natural Disasters in Barbados
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.
IDB ramps up financing for green projects in Latin America and the Caribbean
March 16, 2012
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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
December 15, 2011
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.
Paraguay and the IDB: partners in development
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.
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.