Becoming a Leader in Latin America’s Wastewater Treatment – The Case of Guayaquil

Nine key facts about poverty and inequality in Latin America and the Caribbean

Our goal at the World Bank is to end poverty on a livable planet. As part of that mission, it is shutterstock-1766368556-1critical that we understand both the current state and evolution of the associated challenges, so as to inform policies that raise the standard of living of people in Latin America and the Caribbean (LAC), where poverty and inequality impact millions. Our new Regional Poverty and Inequality Update leverages the latest data and provides an in-depth analysis of these critical challenges within LAC. It offers detailed insights about the evolving landscape of poverty and inequality that can guide informed decisions for future action.

Continue reading

World Bank and IDB Join Forces to Maximize Development Impact

Partnership will boost innovation and unlock opportunities across Latin America and the Caribbean

WASHINGTON, August 31, 2023 ― The World Bank and the Inter-American Development Bank (IDB) today announced a groundbreaking four-year partnership to drive stronger results for people in Latin America and the Caribbean.

Continue reading

Remarks by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan

 

Hello everyone and let me start by expressing my appreciation to you and the Japanese government for hosting us for this launch of the IDA20 replenishment, in which Japan has played such a leadership role. I would like to thank the Finance Minister personally for playing such a crucial part in this process. I would also like to thank and congratulate the colleagues gathered here in Tokyo today, coming from all over the world, for making IDA20 a successful replenishment.

Continue reading

Latin America isn’t at risk of a 1980s-style crisis (but an era of missed opportunities looms)

Food lines that stretch across multiple city blocks. Spiraling unemployment. Out-of-control inflation. Unsustainable debt. These issues, which traumatized many economies across Latin American in the 1980s, continue to reverberate today and,brazil_hero.jpg given current economic conditions, you could be forgiven for fearing that history is about to repeat itself.

However, the region’s biggest risk at present is not another “lost decade” fueled by financial crises, but rather a decade of missed opportunities. 

The debt crises of the 1970s and 1980s were searing experiences that find an echo in today’s troubles. Then, as now, Latin American countries had large debt loads. Then, as now, the global economy experienced unique macroeconomic shocks that sent inflation soaring (the Arab oil embargo then; the pandemic and Ukraine war now). And then, as now, central banks around the world – especially the US Federal Reserve – were raising rates to fight inflation.

 

Continue reading

Poor digital access is holding Latin America and the Caribbean back. Here’s how to change it

The COVID-19 crisis has hit the Latin America and Caribbean (LAC) region harder than any other region in the world and has brought the need for a resilient and inclusive recovery into sharp focus. Greater digital access—in support of distance learning, digital cash transfers, telemedicine, and online public services—is the cornerstone of this agenda and requires both an ambitious policy and regulatory agenda as well as increased infrastructure investments. This is particularly important as the region gears up for 5G auctions and continues its 4G expansion.

Continue reading

After the pandemic, put women first

 

From education to entrepreneurship, global recovery efforts need to pay shutterstock_1835789131particular attention to the needs of women and girls. 

Policymakers haven’t always considered how economic shocks impact women and men differently — or how governments should respond.  When the 2008 recession hit, few asked how stimulus measures would affect women compared with men.

Continue reading

Calling all innovators with sustainable cooling solutions!

IFC’s award-winning match-making program, TechEmerge, has launched its new unnamedSustainable Cooling program in Latin America (Mexico, Colombia) to drive innovation in climate-smart, energy-efficient cooling technologies, products, and services, where it’s needed most. Phase one focuses on Latin American cities, specifically those in Mexico and Colombia, and will match innovators from across the world with leading local companies and municipalities to pilot projects and build commercial partnerships. Click here to respond to our open call. Applications close September 18, 2020.

APPLY NOW

Join the Webinar

Learn about the benefits of joining the Tech Emerge Sustainable Cooling program in Latin America (Mexico, Colombia), how to apply to our open call, our match-making process, market opportunities, pilot funding, and the valuable support participants receive from our panel of respected industry advisors. We have two timeslots designed to make it easy for you to participate, no matter where you are located.

unname

August 18, 2020
11:00 AM -12:30 PM EST
Virtual – Webex

August 19, 2020
9:00 PM -10:30 PM EST
Virtual – Webex

Calling all innovators with sustainable cooling solutions!

IFC’s award-winning match-making program, TechEmerge, has launched its new unnamedSustainable Cooling program in Latin America (Mexico, Colombia) to drive innovation in climate-smart, energy-efficient cooling technologies, products, and services, where it’s needed most. Phase one focuses on Latin American cities, specifically those in Mexico and Colombia, and will match innovators from across the world with leading local companies and municipalities to pilot projects and build commercial partnerships. Click here to respond to our open call. Applications close September 18, 2020.

APPLY NOW

Join the Webinar

Learn about the benefits of joining the Tech Emerge Sustainable Cooling program in Latin America (Mexico, Colombia), how to apply to our open call, our match-making process, market opportunities, pilot funding, and the valuable support participants receive from our panel of respected industry advisors. We have two timeslots designed to make it easy for you to participate, no matter where you are located.

unname

August 18, 2020
11:00 AM -12:30 PM EST
Virtual – Webex

August 19, 2020
9:00 PM -10:30 PM EST
Virtual – Webex