IDB ramps up financing for green projects in Latin America and the Caribbean

March 16, 2012
Participate in Twitter using #IDBmtg 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.

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.

Improving avenues towards post-secondary and higher education for indigenous people

April 12, 2006
Considering the sheer diversity of indigenous peoples and languages in Ecuador, Colombia, Guatemala and Nicaragua, with 22 different languages spoken among the majority (60 percent) Mayan population in Guatemala alone, it seems logical that terms like multiethnic, multilingual and culturally pluralistic would be used to describe their national compositions.

Goodbye to rural poverty

March 20, 2006
Agriculture alone can't put an end to rural poverty. That is one of the conclusions of the studies directed by Hans Cansen, researcher and Central American coordinator, and Shenggen Fan, director of government and development strategies at the International Food Policy Research Institute (IFPRI). Hans Cansen centered his study on three Central American countries: Guatemala, Honduras and Nicaragua. His goal was to describe the assets of rural populations in order to understand their impact on economic growth and living standards and propose strategies for rural investment.

Latinos from the Far East

March 01, 2006
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.

Cash transfers: hand-outs or a hand up?

September 27, 2005
There's an old Chinese proverb that says, “Give a man a fish and you feed him for today. Teach a man to fish and you feed him for a lifetime.” While that may be smart advice, doing both things together can be even more effective when it comes to reducing poverty.

Technology Helped Reducing Inequality Gap

April 21, 2005
A study realized by scholars at the universities of Chicago, Maryland and the Hoover Institution demonstrated that technology is helping reduce inequality in the world. Bary S. Bercker, Tomas J. Philopson, and Rodrigo R. Soares compared “the welfare value of gains in life expectancy with gains in income” to get the “effect of life expectancy on the evolution of world inequality.”

The war against mealy peaches

January 01, 2005
By Christina MacCulloch, Santiago, ChilePremium peaches that somehow become mealy and develop internal brown spots during shipment; table grapes that fall off the vine prematurely; wine grapes whose flavor is spoiled by viruses—these are the things that can keep Chilean grape and wine producers awake at night.

It’s bigger than we thought

February 19, 2004
Agriculture’s performance and its contribution to economic development has traditionally been undervalued, according to a recent study commissioned by the Inter-Agency Working Group for Rural Development in Latin America and the Caribbean. As measured by Agricultural Gross Domestic Product, agriculture only includes information about the sale of raw materials, mainly crops and livestock. Its upstream and downstream linkages with agroindustry, services and trade, are not considered, nor the value added generated by these linkages throughout the economy.