Civic culture is key to reduce violence, study finds

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).

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.

New hospital improves care for patients in Mexico’s Tepic

October 06, 2011
Tertiary care hospital built with IDB financing gives access to state-of-the-art care Not long ago, patients in need of specialized services in Tepic, the capital of the Mexican state of Nayarit, had to travel for over one hour by ambulance to get treatment in the nearest hospital in Guadalajara. Such long distance added significant health risks and financial costs for patients seeking both specialized and emergency care.

Increased opportunities for higher education

June 27, 2011
Mexico's FINAE to expand student loan offerings, allowing more low-income students to get degrees and training that will lead to better jobs and brighter futures

IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

March 25, 2011
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.

IDB backs base-of-the-pyramid business models in Latin America and the Caribbean

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.

Harnessing volcanoes’ energy in Nicaragua

March 09, 2011
Sitting on top of a chain of volcanoes, Nicaragua is the ideal candidate to exploit geothermal energy sources. Ironically, though, the country depends on oil and coal for its electricity even as it struggles to keep up with energy demand. The Inter-American Development Bank (IDB) aims to change that through the San Jacinto-Tizate Geothermal Power Project.

Mesoamerica renews push towards integration

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.

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.

Latin America and the Caribbean see slower growth in next four years

March 19, 2009
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.