Latin American and Caribbean Women: Better Educated, Lower Paid

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.

Women entrepreneurs: too often trapped in the microenterprise ghetto

October 05, 2011
Innovative approaches can boost women’s economic presence among small business owners in Latin America and the Caribbean Over the past three decades, women in Latin America and the Caribbean have dramatically increased their role in the workforce. Currently, about half of women in the region are economically active, more than double the level in the 1970s. They have been elected presidents of several Latin American countries and often dominate the microenterprise and microfinance sector, providing an important contribution to regional economies.

Central America's integration is in full swing

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.

IDB promotes dialogue with civil society

March 18, 2010
The Bank approved this year a new set of guidelines that will improve the relationship between its 26 country offices and civil society. In addition, the IDB has given civil society greater access to voice its concerns and monitor Bank-financed projects through a new Independent Consultation and Investigation Mechanism (ICIM).

IDB and Civil Society make progress with public consultations and work agenda at meeting in Guadalajara

November 07, 2009
The Inter-American Development Bank (IDB) and members of civil society in Latin America and the Caribbean agreed at their annual meeting on a roadmap toward increased transparency and more robust participation by social organizations in the activities of the Bank. The agenda was agreed upon during the Ninth Annual IDB-Civil Society Meeting, held in Guadalajara, on November 5 and 6. The Meeting was attended by the President of the IDB, Luis Alberto Moreno.

Latin American leaders stress need to advance integration agenda during IDB regional trade policy dialogue

October 07, 2009
Latin American and Caribbean (LAC) leaders urged the United States to advance its trade agenda with the region during an event at the headquarters of the Inter-American Development Bank (IDB) in Washington DC. Vice ministers and high-level trade officials of LAC nations, met in the context of the Trade and Integration Network of the IDB Regional Policy Dialogue, a forum that brings together key policymakers of the borrowing member countries to discuss strategic issues for the region.

Mesoamerica Advances

July 29, 2009
The regional integration initiative known as Proyecto Mesoamérica is gaining momentum. It was a central item on the agenda of the XI Cumbre de Tuxla (an annual summit of regional heads of state), which concluded in Costa Rica today. Last week news reports focused on a proposed multimodal transportation strategy to improve the region’s competitiveness. And last June, the IDB announced the second phase of a project known as Tránsito Internacional de Mercancía, which will introduce a unified customs system for use on the borders of all Mesoamerican countries.

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.

Venture capital for low-income markets

February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.