December 19, 2012
A new documentary shows how a 3,500-year-old culture remains vibrant in Mesoamerica When the Mayan people abandoned their cities of gleaming limestone in the 9th century AD, they took with them something far more enduring than monuments: They took their culture. Over the centuries, as the forest reclaimed these vast temple complexes, the descendents of this great civilization continued to speak their ancestral languages, find meaning in the same cosmology, and even eat the same foods.
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.
December 20, 2011
Challenges of youth unemployment and underemployment Despite the relatively high economic growth Latin America and the Caribbean has experienced over the past few years, a significant portion of its population remains in poverty, including a large percentage of youth.
July 25, 2011
IDB helps provide life skills training and job placement for more than 47,000 Dominican at-risk youth Social Transformation – story of a young future top chef
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.
May 21, 2010
Not long ago, José López Hernández, a member of the Oxlajuj No'j tribe, would readily take his axe to chop down trees in the town of Santa María de Jesús in the heart of Guatemala.
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.
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.
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.
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.