Villa La Angostura’s rebirth

November 07, 2012
Mother Nature has mysterious ways—it can create incredible beauty and it can also turn it into an instant nightmare. That is exactly what happened in idyllic Villa La Angostura, a popular winter ski destination and summer lake resort in Argentina’s Patagonia that ended up covered by thousands of tons of ashes when the nearby Puyehue volcano erupted in June 2011.

Haitian school's reconstruction starts

December 23, 2011
A Trinidadian bank offers mountain village kids broader horizons If all goes according to plan, by the time the next academic year begins in September, Furcy will have a brand new public school. The facility, which will replace the old one toppled by the 2010 earthquake, will be built following strict construction standards. And as its principal, Francius Saintilus, remarked at a recent groundbreaking ceremony, the new school will have a big impact in this village in the mountains behind Port-au-Prince.

Improving science and math learning in Argentina

March 23, 2011
IDB-based pilot project sheds light on new teaching approaches to improve learning in poor areas Since Latin America consistently underperforms in international student assessments, governments in the region are looking for pedagogical models to help improve student learning. The region’s students still perform below students in rich nations and East Asian countries, particularly in the areas of mathematics and natural science.

Learning through Play

November 10, 2010
It were the results of international tests that raised the red flag: students in Latin America ranked among the lowest performing in the world on standardized tests in Math and the Natural Sciences. In Argentina, the government decided to prioritize both of these subjects in its education policy.

Sustainable energy helps reduce costly reliance on fossil fuels in many Caribbean States

September 27, 2010
By Christina MacCulloch The international economic crisis, has hurt the Caribbean economies, mainly by affecting tourism. This has brought a sense of urgency to the region’s need to rely less on costly imported fossil fuels. The need for more energy efficiency is greater than ever, and so is the potential.

The Caribbean and the IDB at a Glance

September 27, 2010
The IDB member countries of the English-speaking Caribbean – The Bahamas, Barbados, Belize, Guyana, Jamaica and Trinidad and Tobago – along with Dutch-speaking Suriname, are brought together by commerce, geography, history and traditions. Their economic situation and development challenges, however, may vary widely.

IDB invites feedback on new project impact mechanism for communities

May 06, 2009
The Inter-American Development Bank today unveiled its new proposed Independent Consultation and Investigation Mechanism (ICIM)—the process through which affected communities can voice concerns about an IDB project. The ICIM is a draft proposal, which is open to public consultation for civil society groups and other actors to express their suggestions and provide feedback. The idea is to enhance and speed up the investigation process of external allegations.

The IDB, a partner of Colombia in development

March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

IDB and Energy

March 27, 2008
The Inter-American Development Bank’s energy portfolio includes a wide array of investments aimed at improving the energy security of its member countries by exploiting both conventional and renewable sources. In 2007 the Bank approved US$2.5 billion in energy-related operations. Many of these loans will support high-priority gas and electricity infrastructure projects. For example, the IDB approved: A US$32.7 million loan for a wide-ranging investment program to strengthen Nicaragua’s electricity system.

IDB in Brief

March 24, 2008
The Inter-American Development Bank was created in 1959 to help accelerate the economic and social development of its member countries in Latin America and the Caribbean and to promote regional integration. The Bank has 47 member countries: 28 in the Western Hemisphere, 16 in Europe, as well as Israel, Japan and the Republic of Korea.  The Latin American and Caribbean countries as a group hold half the shares in the institution.