As we begin gearing up for the Inter-American Development Bank (IDB) Group’s upcoming Annual Meeting in Chengdu, we can’t help but reflect on the conclusions of the 2018 gathering in Mendoza, Argentina, where one message was resoundingly clear: to advance development in Latin America and the Caribbean (LAC), we must work in greater coordination than ever before.
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.
Tens of thousands of Haitians who lost their homes in Port-au-Prince have left the city and migrated to rural villages or temporary encampments. International aid organizations are currently helping to construct clinics, schools, administrative centers and warehouses in some of these villages, which are located in remote areas without access to basic services.
IDB highlights Initiative's results in Latin America and the Caribbean at Third Global Review
The Aid-for-Trade (AfT) Initiative aims to support developing countries’ efforts to overcome obstacles so that they can benefit from trade liberalization and market access opportunities.
The request seemed simple enough: find several tons of granulated chlorine and ship it to Port-au-Prince, where it was urgently needed to disinfect drinking water for survivors of the January 12 earthquake.
Climate change has the potential to undermine many of the advances in social and economic development that Latin American and Caribbean countries have made in recent decades. With support from the IDB, the region’s governments are designing strategies for adapting to different climate change scenarios, applying new technologies to reduce emissions of greenhouse gases (GHGs), and redoubling efforts to achieve sustainable development.
Threats to the region
Whether it’s a new kind of solar panel or a biochemical process that turns algae into fuel, breakthroughs in renewable energy are often portrayed as a triumph of technology and innovation.
But when it comes to actually building a large scale renewable energy project, the most critical ingredient is an unglamorous service that has been around for centuries. Loans or bonds with long maturities—meaning that they can be paid back in five years or more—are crucial for the success of start-up companies and infrastructure projects in general.
Haiti produces some of the world’s best mangoes but around half of the crop is lost before it reaches markets. Only about 10 percent of the fruit is exported. And, paradoxically for a country with 10 million mango trees, Haiti imports mango juice.
GRAND GOAVE, Haiti – Maryse Auguste says she’s happy with her new home, a tidy, one-room shelter built after the January 12 earthquake by young volunteers of Un Techo Para Mi País (Spanish for A Roof for My Country), a nongovernmental organization specialized in providing temporary housing to the desperately poor in 16 Latin American countries.