The Smart Fight Against Beach Erosion and Natural Disasters in Barbados

March 04, 2013
The construction of a kilometer-long boardwalk between Rockley and Coconut Court on the southern coast of Barbados is not only a tourist attraction—it also provides safe access to beaches and has increased beach width by nearly 20 meters.

Paraguay and the IDB: partners in development

December 15, 2011
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.

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 expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters

March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.

Canada and the IDB: Partners for Prosperity

March 04, 2011
For almost four decades, Canada has been a strong and reliable partner of the Inter-American Development Bank. It joined the IDB, the world’s oldest and largest regional development bank, in 1972, several years before it became a member of the Organization of American States.

Colombia expands its renewable energy production

February 14, 2011
Porce III Hydroelectric Plant increases country’s installed generating capacity by 5% Colombians will have greater access to clean energy as a result of the recent inauguration of the Porce III Hydroelectric Plant, which will add 660 megawatts to the country's energy matrix. The plant, built with financing from the Inter-American Development Bank (IDB) to Empresas Públicas de Medellín(EPM), will increase Colombia’s installed power generating capacity by 5% and position EPM as the largest power company in the country.

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.

Barbados adapts to climate change

September 27, 2010
The waterfront promenade, a kilometer-long breakwater six to twelve feet deep, located on Barbados’ southern coast, is more than just a space for tourist entertainment. The beautiful structure was designed to connect beaches, prevent erosion and protect the coast from winds in excess of 170 kilometers per hour. The structure is one of the achievements following more than 28 years of cooperation between the government of Barbados and the Inter-American Development Bank (IDB) to protect and manage the island’s coast.

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.