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.
June 27, 2011
An innovative way of allowing low-income families to afford home improvements
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.
October 25, 2010
The presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, Colombia and the Dominican Republic will meet tomorrow, Oct. 26, in Cartagena, Colombia at the XII Summit of the Tuxtla Mechanism for Dialogue and Coordination. The heads of state will be informed of the progress made by the Mesoamerica Project in terms of regional integration and will decide further courses of action.
September 30, 2010
Latin America and the Caribbean face potentially crippling economic and social costs from natural disasters and needs to do more to reduce risks and prepare government finances to respond to eventual catastrophes, according to a new set of indicators by the Inter-American Development Bank (IDB).
July 21, 2010
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality. PAC53 - Road from La Chorrera to Arraijan, in Panama.
June 18, 2010
Large natural disasters are unlikely to affect long-term economic growth unless they are followed by a radical disruption in the institutional organization of society, a new study by the Inter-American Development Bank (IDB) suggests. The study, which analyses the impact of large natural disasters, sheds new light on whether these occurrences hurt long run economic growth. Current economic theories do not offer a clear answer.
March 20, 2010
In Latin America, water is more tightly linked to human potential and economic competitiveness than in any other part of the world. The region has roughly 31 percent of the planet´s freshwater resources, while holding only 8 percent of its population. This huge water advantage enables Latin America to get a 68 percent of all its electricity from hydroelectric sources, compared to a global average of less than 16 percent.
March 15, 2010
The MIF, an autonomous fund of the Inter-American Development Bank (IDB) that supports projects for small and microenterprises, will offer grants to finance the creation of small tourism business networks, train entrepreneurs in the region to offer high-quality services and market their services.