March 27, 2013
For more than 70 years, the Herrera family has owned and farmed 300 hectares in the municipality of Pimampiro in northern Ecuador. The family had a deed for the land but it provided few details about the exact property lines, which areas had been set aside as protected areas, and in which parts farming was allowed.
October 15, 2012
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.
May 30, 2012
IDB-sponsored study explores how changes in civic culture are needed to achieve long-term success in mitigating violence Any successful strategy to prevent violence should include measures to recognize and change behaviors prompted by beliefs, emotions and cultural factors, according to a new study sponsored by the Inter-American Development Bank (IDB).
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.
July 06, 2011
IDB financing for renewable energy paves the way for denim maker in Ecuador to boost output while cutting energy costs One of the oldest traditional textile manufacturers in Ecuador, La Internacional S.A., is not only looking for the latest trends in denim fashion, but also looking for ways to become more competitive and grow in a sustainable way.
April 12, 2011
Ecuador is one of the founding members of the Inter-American Development Bank (IDB) and its partner in progress during the Bank’s 52-year-history. This longtime cooperation has included financing for major projects such as the Paute Hydroelectric Project, road and highway infrastructure, cleanup and restoration of polluted ecosystems and drinking water systems. Another important project is the restoration of Quito’s historic center, considered a World Heritage Site by UNESCO.
April 05, 2011
Small business owners transform their household economy through a project to support competitiveness Each week the colorful "Plaza de Ponchos" (Poncho Plaza) in Otavalo, Ecuador, displays handicrafts made by more than 250 artisans. They are members of community microenterprise networks, created as part of a project being carried out by the local municipality with support from the Inter-American Development Bank (IDB).
April 05, 2011
In the midst of the bustle of urban life, Mariana de Cunalata and her family of 16 people, including children and grandchildren, carefully tend their organic vegetable garden surrounded by eucalyptus trees. “We no longer go out to buy produce,” says Cunalata, 61, who lives in Quito, Ecuador. “We harvest what we need for the pot."
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.
November 08, 2010
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.