IDB fuels impact investing in Latin America

February 13, 2012
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.

Improving the business climate in the Caribbean

March 25, 2011
Several IDB programs are helping the region diversify its economy and attract new investments The Inter-American Development Bank (IDB) is financing several programs to improve the business environment, foster diversification and enhance competitiveness in the Caribbean.

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.

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.

A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic

January 26, 2007
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies

A home-grown solution for Latin America’s water crisis

March 01, 2006
By Luis Alberto Moreno*As delegates gathered at the IV World Water Forum in Mexico City earlier this month, many were asking whether the private sector still has a role to play in solving the critical sanitation problems of the developing world.

More growth or less inequality?

September 20, 2005
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.

A marriage of convenience

March 24, 2005
The global market economy, now embracing over 5 billion people, is ready for a marriage between Latin America and Japan, according to Makoto Utsumi, President and CEO of the Japan Credit Rating Agency, Ltd.

Don’t turn your back on Mother Nature

March 04, 2005
Between 1981 and 2000, Central and South America were the areas in the world  with the highest number of fatalities caused by natural disasters. The region accounted for over 100,000 deaths, more than 90 percent of the total recorded fatalities worldwide. Damage was estimated at a cost of around $24.2 billion, according to  the Landslide Observatory in the Joint Center for Earth Systems Technology at the University of Maryland and the International Landslide Centre at the University of Durham in the United Kingdom.