Friday, May 01, 2009
Greening the IDB's Lending Portfolio
As the Inter-American Development Bank (IDB) celebrates its 50th anniversary, Latin America is struggling to address the financial crisis and climate change.
To address the financial crisis, the IDB has focused on reinforcing Latin American economies with policy advice and special financial instruments, such as a $6 billion emergency liquidity fund. In a recent interview, IDB President Luis Alberto Moreno pointed to investment in infrastructure projects as central to economic recovery and growth in the region:
See full Article.