A capital challenge in Haiti

November 03, 2011
Until February 2011, Jean-Claude Seropian, a French hydraulic engineer, worked in Paris as director of operations of Suez Environnement, one of the world’s leading water and waste management companies. That month he moved to Haiti as head of a team of five technical, financial and management experts from Suez and two sister companies, Aguas de Barcelona and United Water. Their mission: to work with the staff of Port-au-Prince’s ailing water utility to arrest the decline of its services.

A water turnaround in Haiti

November 03, 2011
Before the project started in 2008, Saint Marc had running water for nine hours a week, at best. At present service is up to 10 hours a day—the highest average in any urban area in Haiti.

A small price to pay

November 03, 2011
GOMIER, Haiti – Danette François used to walk 30 minutes to fetch water from a well in this seaside village. The water was free but brackish and untreated. Her children often fell ill. She now spends a few minutes each day to fill a 5-gallon bucket of chlorinated water, paying a community-established fee of one gourde— the equivalent of two cents. “The price? It’s really cheap, like a gift,” said François, who has five children between the ages of 10 and 4. “I’m happy. My kids are not getting sick.”

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.

Connections

December 27, 2007
Ever since 1992,  the 500th anniversary of the arrival of Spanish explorers in the Americas, modern-day Spanish adventurers have vigorously set out to establish new links with Latin America.  The leaders of this new wave of Spanish presence in Latin America are big-business giants, the industrial and financial investors that have bought up Latin enterprises Repsol oil company, Telefónica de España and Enersis electricity utility and the banking groups Banco Bilbao Vizcaya Argentaria (BBVA) and Banco Santander Central Hispano (BSCH). 

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.

Where Asian culture meets Latin & Caribbean culture

September 28, 2005
Inter-American Development Bank President Enrique V. Iglesias and Integration and Regional Program Department Manager Nohra Rey de Marulanda inaugurated the Contemporary Japanese Garden “Contemporary Karesansui,” located on the Terrace of the new IDB conference center, on September 28. The conference center was opened earlier this year in order to accommodate IDB business meetings more efficiently while undertaking activities in association with the greater metropolitan DC community. 

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.

Environmental action as a source of revenue

February 18, 2005
The 1997 Kyoto Protocol to the United Nations Framework Convention on Climate Change, which takes effect on Feb. 16, brings Latin America and the Caribbean an opportunity to link sustainable economic development with environmental protection. Under the Kyoto Protocol, roughly 30 of the world’s industrialized nations have agreed to reduce greenhouse gas emissions below 1990 levels by the year 2012.