IDB basic facts sheets

HAITI

SINCE THE 2010 EARTHQUAKE, THE INTER-AMERICAN DEVELOPMENT BANK (IDB) HAS STEPPED UP ITS SUPPORT TO TURN THE CATASTROPHE INTO AN OPPORTUNITY TO HELP HAITI ONTO A PATH OF SUSTAINED ECONOMIC GROWTH AND IMPROVED SOCIAL WELFARE.

We are Haiti’s largest multilateral donor.

To support Haiti’s recovery, the IDB Board of Governors agreed to provide the country with an unprecedented financial assistance package, including the cancelation of its outstanding debt of $484 million.

Additionally, the Board agreed to finance the IDB Grant Facility with annual transfers of $200 million from its Ordinary Capital for Haiti through 2020, subject to approval by the Bank’s governors. This commitment puts us in a unique position to work with a long-term vision.

AND THE INTER-AMERICAN DEVELOPMENT BANK

826

TEMPORARY CLASSROOMS BUILT AND EQUIPPED

THE IDB’S APPROACH In 2011, we approved $241 million in financing through the IDB Grant Facility and mobilized an additional $67 million from other sources. Disbursements for the year totaled an unprecedented $178 million. Our focus areas are: •

Agriculture: In support of Haiti’s National Agriculture Investment Plan, IDB-financed projects will focus on land titling, subsidies for better farming technologies, irrigation and watershed management to mitigate flooding.

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Transport: We are backing projects to upgrade Haiti’s road network and improve its major ports and airports.

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Water and Sanitation: In partnership with Spain, we are financing projects to restore services in Port-au-Prince and expand coverage in five mid-size cities and dozens of rural communities.

Education: We are a key partner in Haiti’s push to provide free, quality education to all its children. Haiti wants to build thousands of schools, train tens of thousands of teachers and expand tuition subsidies for hundreds of thousands of students.

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Energy: We are helping Haiti refurbish its main hydroelectric plant, improve power transmission and distribution, and modernize the operation and strengthen the finances of the state utility, Elétricité d’Haïti (EDH).

Private-sector Development: To promote investment and job-creation, we are helping Haiti improve its business climate and expand access to credit for small and medium-size businesses. In partnership with the United States, we are supporting the establishment of a major industrial park in northern Haiti.

RESULTS IN 2010 12,470 homes connected to safe drinking water.

13 miles of drainage

Child immunization

systems improved.

campaign carried out nationwide.

6 rural water systems

823,000 animals

built in the southwest.

vaccinated.

45 miles of roads built

130 million gallons of

and 54 miles rehabilitated.

potable water delivered to displaced persons camps.

Jacmel Airport rehabilitated.

5,000 acres added to an area under irrigation.

192 transformers delivered

www.iadb.org/haiti

to the EDH utility.

70,000 students returned to school in temporary classrooms.

5 microfinance institutions stabilized through an emergency liquidity program.

BENEFIT 500,000 PEOPLE IN MEXICO IN LATIN AMERICA AND THE CARIBBEAN, ENERGY SECURITY AND CLIMATE CHANGE ARE MORE CLOSELY LINKED THAN IN ALMOST ANY OTHER PART OF THE WORLD.

Droughts, floods, and hurricanes are also threatening the competitiveness of key agricultural exports such as coffee and wheat and damaging the economies of small Caribbean nations that depend heavily on tourism. Rising fossil fuel prices are also consuming a growing percentage of many countries’ budgets.

The region generates almost 70 percent of its electricity with hydroelectric sources, one of the cleanest technologies available. But in recent years, extreme droughts have crippled a number of hydroelectric power plants and climate models predict that the frequency of extreme weather events is likely to increase.

The Inter-American Development Bank (IDB) helps member countries respond to these challenges by financing projects that diversify energy matrices, boost energy efficiency, develop renewable energy sources and reduce vulnerability to climate change.

AND THE INTER-AMERICAN DEVELOPMENT BANK

WIND FARMS

ENERGY, CLIMATE

IDB-FINANCED

THE IDB’S APPROACH We aim to direct a quarter of our total annual lending (up to $3 billion per year) to renewable energy, climate adaptation and environmental sustainability projects by 2015.

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Clean energy alternatives: We are financing large-scale wind farms, solar power systems for rural areas, biofuel facilities that co-generate electricity and programs to promote efficient lighting.

We are also helping to retrofit hydroelectric facilities with more efficient turbines— thereby extracting more energy from existing facilities—and financing new dams and natural gas projects that meet strict social and environmental sustainability standards.

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Preparedness: We are working on climate adaptation and mitigation measures to help the countries better prepare for the consequences of rising temperatures, while contributing to the global effort to reduce greenhouse gas emissions.

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Adaptation: We target key sectors such as water resource management, urban development and coastal zone management. In Mexico, Colombia, Peru and Guatemala, we are supporting national programs to incorporate climate planning measures across all public sectors.

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Regulation: We are working with governments to strengthen land-use regulation, manage protected areas and tap carbon markets to prevent deforestation.

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Policy-based loans: We approved climate-change-specific loans for Guatemala, Mexico and Peru in 2010.

The Guatemala program is the first in the highly vulnerable Mesoamerican region, facilitating parallel financing with international cooperation agencies.

RESULTS 808 miles of electricity

More than 1 million people

20 adaptation projects

transmission or distribution lines installed or upgraded in the region in 2010.

benefited from expanded access to electricity in Brazil.

implemented in 15 countries.

250 megawatt wind farm built in Mexico with

built with IDB funds uses 254 miles of pipelines to supply households, businesses and export markets.

6,500 households provided with new electricity connections

www.iadb.org/energy

in the region in 2010.

capacity to supply clean electricity to 500,000 people.

Natural gas plant in Peru

WATER ARE EXPANDING WATER AND SANITATION

SERVICES WITH IDB FINANCING

LATIN AMERICA AND THE CARIBBEAN HOLD NEARLY 30 PERCENT OF THE PLANET’S FRESH WATER RESOURCES. Yet, more than 70 million people in the region suffer from limited access to drinking water and many more lack decent sanitation services.

At the Inter-American Development Bank (IDB), we are working with governments, the private sector and civil society to close the coverage

gap in water and sanitation while helping to put utilities on a financially sustainable footing.

We are also helping the region to make smarter use of water resources that are critical to the competitiveness of industries such as energy, agriculture, mining and biofuels.

AND THE INTER-AMERICAN DEVELOPMENT BANK

146 CITIES

THE IDB’S APPROACH We are focusing our efforts on four distinct programs: •

100 Cities: Catalyzes investment financing and technical assistance for cities with more than 50,000 inhabitants that wish to rapidly expand access to water and sanitation services. Priority is given to projects that serve the poorest communities.

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Water Defenders: Provides technical assistance and funding for water source protection, water decontamination and wastewater treatment. The aim is to equip at least 20 priority microwatersheds for the sustainable provision of water fit for human consumption.

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3,000 Rural Communities: Provides financial, technical and organizational support to rural communities willing to run their own local water and sanitation systems.

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Efficient and Transparent Utilities: Funds activities that strengthen the management of water utilities and develop a system to measure and certify their performance. The goal is to increase their accountability and credibility among customers and financial agents.

RESULTS 109,000 households with new or upgraded water supply in the region in 2010.

25,400 households

www.iadb.org/water

with new or upgraded sanitary connections in the region in 2010.

Nearly $7 billion in financing for water and

90 water and sanitation utilities have participated

sanitation projects approved since 2007.

in capacity building and performance measurement programs.

2,600 rural communities on track to receiving funding and technical support.

31 priority watersheds supported region-wide.

RLY NEA

BUSINESSES BENEFITED ESTABLISHED IN 1993 AS A KEY COMPONENT OF THE U.S. GOVERNMENT’S ENTERPRISE FOR THE AMERICAS INITIATIVE, THE MULTILATERAL INVESTMENT FUND (MIF) IS ONE OF OUR REGION’S

BIGGEST INVESTORS IN MICROFINANCE AND VENTURE CAPITAL FUNDS FOR SMALL BUSINESSES.

Well known for using innovative approaches and a results-based methodology to foster economic growth, we are also the leading provider of technical assistance for privatesector development in Latin America and the Caribbean, and among the most effective.

MIF projects, which benefit microenterprises, entrepreneurs and small companies throughout the region, focus on increasing access in three areas: finance, markets and capabilities and basic services.

MULTILATERAL INVESTMENT FUND

4 MILLION

THE MIF’S APPROACH •

Resources: Approximately 70 percent of our resources consist of grants for nonprofit organizations (e.g., business associations, NGOs, foundations and public sector agencies) and 30 percent consist of loans or investments. Our investment resources typically fund private financial institutions (such as banks, cooperatives and microfinance institutions) or NGOs, which then channel the resources to microand small enterprises.

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Knowledge broker: We are the hub of a vast network of 1,000 partner NGOs, CSOs, businesses, public sector entities and foundations.

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Innovation and Implementation: Our projects have a greater impact through evaluations and knowledge acquisition and sharing. We also test and introduce new ideas and concepts to stimulate and build support for larger-scale projects.

RESULTS More than 1,700 projects financed, close to $1.8 billion committed and $1.9 billion mobilized since 1993.

Nearly four million entrepreneurs and micro-, small and medium-size enterprises

www.iadb.org/mif

(MSMEs) improved their capabilities, entered new markets, or obtained financing over the past 17 years.

671 active projects valued at $710 million.

More than 200,000 people benefited in Haiti

79.7 percent of these grants and equity investments were meeting their development goals as of 2010.

since 2010.

$14.6 million committed to Haiti, $15.5 million leveraged from various partners —equivalent to

an additional $1.06 per dollar invested.

BENEFICIARIES OF NON-SOVEREIGN LOANS SINCE 2006 AT THE INTER-AMERICAN DEVELOPMENT BANK (IDB) WE PROMOTE DEVELOPMENT THROUGH THE PRIVATE SECTOR

BY OFFERING FINANCING OPPORTUNITIES FOR COMPANIES AND FINANCIAL INSTITUTIONS, ACCESS TO GRANTS AND CONSULTING AND PROCUREMENT CONTRACTS.

We work with a broad range of private-sector players whose operations and projects have a positive impact on the social and economic development of the region. They range from microenterprises to large companies, and also include financial institutions and other partners, such as mixed-capital entities and civil society organizations.

In 2010, our Board of Governors approved an increase in the lending ceiling for privatesector (or “non-sovereign-guaranteed”) lending paving the way for such lending to rise to about $2.5 billion annually.

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340,000

PRIVATE SECTOR

MORE THAN

THE IDB’S APPROACH •

Financial strength: AAA/Aaa rating

Our four windows are:

from Moody’s and Standard & Poor’s.

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Tailored programs: We offer longer

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tenors, act as a catalyst to mobilize additional financial resources from third parties, and structure deals that meet the needs of individual clients.

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Innovation: We invest in new business

Caribbean (LAC) region’s leading providers of seed capital and advisory services for microenterprises and start-ups.

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models and projects, particularly those aimed at improving living conditions of the lowincome population and the capabilities of microenterprises and small businesses.

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Inter-American Investment Corporation (IIC): Has pioneered the use of loans, grants and equity for small and medium-size enterprises (SMEs) for more than 25 years. The IIC focuses on providing medium- and long-term financing for these companies either directly or through local financial institutions.

Sustainability standards: We follow the highest environmental, labor, health, and ethical standards.

Multilateral Investment Fund (MIF): One of the Latin America and the

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Working in a coordinated way, our four privatesector windows are designed to provide access to credit and technical assistance at each stage of the life-cycle of a business.

Structured and Corporate Finance Department (SCF): Specializes in largescale sustainable private-sector investments, infrastructure projects (including PublicPrivate Partnerships), financial institutions, capital markets and trade finance.

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Opportunities for the Majority: Emphasizes pilot projects and solutions for those at the base of the economic pyramid, the estimated population of 360 million in the region who live on $3 a day or less.

RESULTS Over $6.5 billion in resources channeled by the

www.iadb.org/privatesector

IIC to the region, benefiting more than 1.5 million SMEs, since 1989.

$1.6 billion in trade activities supported by the Trade Finance Facilitation Program, since 2005.

Every $1 lent by the IDB Group to private-sector companies between 2006 and 2010 mobilized more than 60 cents from third parties.

Nearly four million entrepreneurs and micro, small and medium-sized enterprises improved their capabilities, entered new markets, or obtained finance through projects supported by the MIF between 1993 and 2010.

SMALL

HOMES IMPROVED IN EL SALVADOR JUST AS COUNTRIES IN THE REGION LAG BEHIND DEVELOPED NATIONS, A SIGNIFICANT DEGREE OF INEQUALITY EXISTS AMONG THE LATIN AMERICAN AND CARIBBEAN COUNTRIES THEMSELVES.

(65,000 people)

For example, some countries have per capita incomes that are one-quarter of the regional average and poverty levels that are double the regional average.

Some countries with smaller economies and populations face structural constraints, making them vulnerable to external shocks. These countries have the region’s lowest economic and social indicators.

At the Inter-American Development Bank (IDB), we are promoting equitable, sustainable growth in the region.

AND VULNERABLE COUNTRIES AND THE INTER-AMERICAN DEVELOPMENT BANK

12,910

THE IDB’S APPROACH To address the unique circumstances of each country, we offer tailored pricing and repayment conditions to 19 of our 26 member countries that fall into the small and vulnerable economies category. For example, for those countries facing the greatest development challenges, including Bolivia, Guatemala, Guyana, Honduras, Nicaragua and Paraguay, we provide concessional financing from our Fund for Special Operations (FSO).

Haiti is in a unique category. Unlike other countries that are offered loans, Haiti receives only grants. And last year, all member countries agreed to pardon Haiti’s outstanding debt of $484 million.

By 2015, we aim to increase our support of small and vunerable countries from 27 percent of our total lending to 35 percent.

In 2011, we reached that goal, lending $4.9 billion to this group of the total $10.9 billion lent to all countries.

In the near term, we will also look to strengthen our FSO, with member countries having already pledged $479 million in new contributions. Coupled with other measures, including reducing the FSO’s contribution to administrative expenses, the IDB is working to ensure FSO sustainability through 2020.

Small and vulnerable countries listed in descending order by gross domestic product are: Ecuador, Dominican Republic, Guatemala, Uruguay, Costa Rica, Trinidad and Tobago, Panama, El Salvador, Bolivia, Paraguay, Jamaica, Honduras, Bahamas, Haiti, Nicaragua, Barbados, Suriname, Belize and Guyana.

RESULTS 1,118 miles of roads built or rehabilitated in 2010.

110 water and sanitation systems built or rehabilitated in 2010.

103,000 students benefited by education projects in 2010.

49,000 teachers trained

www.iadb.org/countries

in 2010.

248,000 households received anti-poverty program assistance in 2010.

2 miles of canals and box-

160 SMEs trained in the software sector in Uruguay.

Food security for 1,635–

culverts constructed in Bolivia in 2010.

urban residents in Quito, Ecuador benefited from an agriculture program.

233,000 individuals

$2.5 million in new exports

received basic health packages in Panama in 2010.

from Uruguay.

INTEGRATION

MORE THAN

PUBLIC OFFICIALS AND ENTREPRENEURS

TRAINED IN EXPORT PROMOTION AND TRADE ADMINISTRATION IN 2010 LIBERALIZATION OF TRADE AND INCREASED MARKET ACCESS IS CRITICAL

TO THE SUCCESSFUL INTEGRATION

OF LATIN AMERICA AND THE CARIBBEAN INTO THE GLOBAL ECONOMY.

Trade can be a powerful engine for economic growth and poverty reduction when accompanied by selective and complementary public and private-sector policies and investments.

As part of the Inter-American Development Bank’s (IDB) overarching effort to reduce poverty and inequality while promoting sustainable growth, we are working across Latin America and the Caribbean to enhance the region’s global competitiveness and regional integration.

AND TRADE AND THE INTER-AMERICAN DEVELOPMENT BANK

1,000

THE IDB’S APPROACH •

Technical capacity: We provide policy

At a regional level, operations contribute to building productive capacity for regional and global integration, and deepening regional integration and cooperation through the provision of regional public goods, including migration and financial integration.

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Software/hardware: To increase

advice and technical assistance and carry out financial operations through grants and loans to strengthen the technical capacity of countries in the areas of trade and integration.

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National/regional operations: We help countries benefit from open trade and investment and pursue proactive regional and global economic integration agendas. At the national level, operations provide support for promoting exports and attracting investment, negotiating and implementing trade and investment agreements, and strengthening trade facilitation and logistics practices and customs modernization, including increased border security.

competitiveness and create jobs in Latin America and the Caribbean, the Bank encourages simultaneous investment in both the software (policy and regulatory reforms, institutional strengthening and capacity development on trade and integration) and hardware (interventions that enhance the connectivity of national infrastructure investments in transport, energy and telecommunications) of integration.

RESULTS 75 fairs and forums

82 multi-country projects

throughout the region promoted trade activities and networks in 2010-2011.

promoting the generation of regional public goods among countries in the region, resulting in innovative cooperative solutions and development gains not acheivable otherwise, such as the Central American agreement to jointly procure and control the quality of pharmaceuticals. Over three years, this agreement has resulted in an estimated $23 million in savings.

Innovative projects

www.iadb.org/trade

throughout the region contributing to the integration of countries into the global economy, for example, an online platform developed in Chile, rehabilitating 3 customs posts in Uruguay, modernizing Puerto Cortes in Honduras and strengthening trade institutions in El Salvador.

Private-sector competitiveness boosted through projects like the International Merchandise Transit project (or TIM, the Spanish acronym) which use SPS access requirements and modern border control procedures to reduce crossborder crossing times, and strengthen the control over quarantined agricultural products in transit. The TIM will be implemented in all border crossings from Mexico to Panama, enhancing tracking of cargo, and improving security and customs control in the region.

MORE THAN

SMES GROWN AND IMPROVED

Since its creation in 1984, the Inter-American Investment Corporation (IIC) has been the only multilateral financial institution that provides financing to private businesses in Latin America and the Caribbean, with a special focus on small and medium-size enterprises (SMEs).

The IIC provides SMEs direct loans, guarantees, equity and quasi-equity. It also mobilizes additional capital from third parties. The IIC has partnered with leading business schools and chambers of commerce across the region to develop a unique technical assistance platform,

known as FINPYME®, to help small businesses improve their financial, environmental and business management capabilities.

FINPYME provides diagnostic reviews, direct assistance, ethics workshops, family business management seminars and energy efficiency programs. The IIC has worked closely with the United States Department of Commerce in the development of its FINPYME Integrity program, which helps SMEs adopt effective integrity, transparency and anti-corruption practices.

The United States has played a central role in supporting the establishment and growth of the IIC, a legally autonomous member of the IDB Group with separate resources and management. U.S.-based providers of goods and services have accounted for approximately $509 million of the IIC’s aggregate procurement since 1989.

CORPORATION

HELPING SMALL BUSINESSES IMPROVE THEIR GOVERNANCE, MANAGEMENT AND INNOVATION IS AT THE HEART OF THE IIC’S STRATEGY.

INTER-AMERICAN INVESTMENT

1.6

MILLION

THE IIC’S APPROACH •

Financing: We provide direct support for

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SMEs that do not have access to mediumor long-term credit from the capital and financial markets and indirect financing through financial institutions.

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Technical assistance: Through our FINPYME initiatives we help SMEs overcome business challenges, improve business strategies and adopt new technologies.

Focus on SME Best Practices: Our developmental impact has been independently evaluated for the last decade. Eighty-eight percent of the projects evaluated in 2010 were rated “high.”

An independent benchmarking exercise conducted in 2010 determined that our evaluation framework was 98 percent compliant with internationally recognized “good practice harmonization standards.”

RESULTS $536 million in co-financed operations in 2010.

$14.8 million in technical assistance programs provided since 2001.

More than 1.6 million SMEs positively and

www.iadb.org/iic

measurably impacted as a result of the more than $6 billion in resources channeled through financial intermediaries and privatesector supply chains.

$374.8 million approved in direct loans and investments in 2010.

189 financial institutions have received environmental risk management training since 1999. Many, in turn, implemented their own environmental risk management systems and gained international recognition for their progress in sustainability.

353 companies have received individual or group technical assistance since 2007 through our diagnostics program in topics relating to energy efficiency, strategy, governance and finance among others. $35 million in financing for infrastructure projects including renewable energy, transportation and warehousing, telecommunications and airport projects, valued at more than $247 million.

HAITI Haiti has a large, young and resourceful population. In order to capitalize on this competitive advantage and attract more investment, with support from the international community, Haiti is carrying out ambitious plans to upgrade its basic infrastructure and key public services and improve its business climate.

As Haiti’s leading multilateral donor, the Inter-American Development Bank (IDB) is supporting those efforts in several key areas, with an emphasis on private-sector development.

AND THE INTER-AMERICAN DEVELOPMENT BANK

JOBS FOR HAITI

HAITI’S NEEDS ARE INNUMERABLE. BUT WHAT IT REQUIRES MOST URGENTLY IS JOBS.

www.iadb.org/haiti | Contacts: Agustin Filippo | agustinf@iadb.org • Dufirstson Neree | dufirstsonn@iadb.org • Felipe Gomez-Acebo | felipeg@iadb.org

ACCESS TO CREDIT The IDB and its affiliates, the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF), are expanding their lending and grant activities in support of Haitian businesses of all sizes.

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To address the lack of credit for small and medium-size enterprises, the IIC is establishing a long-term lending fund that will work with Haitian banks to co-finance loans to SMEs. The fund is backed by $65 million provided by Spain.

The IDB will finance business development services to help Haitian SMEs become bankable, as well as a business incubator to foster the creation of new companies in areas outside Port-au-Prince.

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To bolster the liquidity and sustainability of the Haitian financial system, a $20 million IDB grant is supporting a partial credit guarantee program run by Haiti’s Central Bank.

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Addressing the needs of Haiti’s smallest entrepreneurs, the MIF helped establish an emergency liquidity program to strengthen microfinance institutions hit by the 2010 earthquake.

BUSINESS CLIMATE Haiti currently ranks poorly in international business climate indexes. The IDB is advising the Haitian government on reforms to streamline the approval of construction permits, aiming to cut the process from an average 180 days to 60 days, using strict building codes. A reform to simplify the registration of new companies could cut delays from three years to just 10 days.

REGIONAL DEVELOPMENT In response to Haiti’s goal of boosting economic activity and employment beyond the capital region, we are working with the United States government and other key donors to promote development in northern Haiti.

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We are supporting projects to increase agricultural productivity and to relaunch tourism in northern Haiti. The keystone project is the creation of the Northern Industrial Park. Located close to the city of Cap Haitien, the park will attract major manufacturers capable of generating more than 35,000 jobs in a region where subsistence farming is one of the few alternatives to migration.

A short distance from the world’s largest consumer market, the Northern Industrial Park will allow its tenants to take advantage of the uniquely favorable opportunities Haiti provides, including trade preferences granted by the United States.

EDUCATION MILLION STUDENTS BENEFITED EACH YEAR

ALTHOUGH NINE OUT OF TEN CHILDREN IN LATIN AMERICA AND THE CARIBBEAN (LAC) ATTEND PRIMARY SCHOOL TODAY, RESEARCH SHOWS THEY ARE NOT LEARNING. This is especially true for children who live in rural areas, belong to indigenous or Afro-descendant groups or come from low-income families.

A third grader from a low-income household is much less likely to be able to read or do math at grade level, compared with a student from the highest socio-economic group. For the poor

student, the chances of being at grade level in reading and math are just 12 and 10 percent, respectively, as compared with 56 and 48 percent for the wealthy student.

Low academic achievement translates into an unskilled, less productive workforce. Ninety percent of more than 1200 LAC firms surveyed reported having difficulty finding the skills they need among secondary-school graduates.

At the Inter-American Development Bank (IDB), we work with countries to improve student learning and help students develop the knowledge, competencies, and cognitive, emotional and social skills they need to succeed in school, family life, society and the labor market.

AND THE INTER-AMERICAN DEVELOPMENT BANK

2.6

CLOSING THE EDUCATION GAP

THE IDB’S APPROACH The IDB’s Education Initiative takes a holistic approach, starting in early childhood and continuing through adulthood. It supports teachers and schools as well as students and their families.

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Early Childhood Development: We

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finance quality early childhood education programs as a means of leveling the playing field for disadvantaged children before they begin school, creating a solid foundation for life-long learning.

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Compensatory programs can extend the school day and place better-educated teachers in the poorest schools, adapt education to reflect students’ ethnic and cultural background, improve school facilities and the availability of teaching materials. IDB financing provides scholarships and remedial education— ultimately helping tilt the scales toward success for low-income families and the schools that serve them.

School-to-Work Transition: We promote cross-sector approaches to reduce risky behaviors among young people, going beyond the schools and involving the community. We also support workforce training programs for young people in the region.

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Teacher Quality: Studies show that low-

Compensatory Programs:

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income children taught by highly-rated teachers for three consecutive years have the same level of learning as middleincome children. We actively support countries in developing and retaining good teachers by reviewing policies pertaining to teacher selection, training, career development and incentives.

Measuring Academic Success: We support countries’ efforts to measure learning at all levels of schooling, from developing national evaluation systems to measure cognitive and socio-emotional skills and competencies, to devising strategies to monitor the life-long impact of education. The IDB also supports studies comparing education systems in LAC to other regions of the world.

RESULTS More than 90,000 teachers trained in 2010.

5,900 schools in Mexico

www.iadb.org/education

connected to water and sanitation facilities.

826 classrooms built and equipped in Haiti after the earthquake; 70,000 students and 700 teachers went back to school in 2010.

1,800 classrooms built

230,000 Jamaican students enrolled in special-

per year.

education initiatives.

100,000 students in Honduras received extra instruction in math and Spanish; students and teachers got new textbooks and educational materials.

160,000 scholarships for Argentine students to continue their secondary education.

Education

TRAINED IN INFORMATION TECHNOLOGY LATIN AMERICA AND THE CARIBBEAN HAVE THE HIGHEST CRIME RATES IN THE WORLD, UNDERMINING THE WELL-BEING AND ECONOMIC DEVELOPMENT OF THEIR CITIZENS. This problem has created the need for more comprehensive, effective security interventions, strategies and programs at the local, national

and regional levels. Since violence has multiple causes, carefully targeted actions are needed to control, reduce and prevent violence.

Transnational organized crime has become the primary security challenge to Central American and Caribbean democracies, weakening the rule of law, destabilizing democratic institutions and undermining the well-being of their citizens. The region has a homicide rate of 33.6 per 100,000 inhabitants— four times the world average. This rate exceeds that of the Caribbean, 28.8, and the Southern Cone, 10.9.

For more than a decade, the Inter-American Development Bank (IDB) has been a pioneer in helping countries in the region confront rising levels of insecurity and violence.

AND THE INTER-AMERICAN DEVELOPMENT BANK

IN GUATEMALA

CITIZEN SECURITY

4,500

YOUTH

THE IDB’S APPROACH With a current portfolio of $580 million for Latin America and the Caribbean region, more than any other multilateral agency, the Bank is helping the region address crime and violence in a comprehensive way.

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Traditional financial and technical assistance to member countries in Latin America and the Caribbean for training and capacity-building.

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Fostered dialogue and partnership opportunities between governments, civil society and the private sector to ensure implementation of citizen security policies.

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Monitoring and evaluation mechanisms to measure results and optimize impact.

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Analytical work to facilitate policymaking.

Additionally, the IDB is working closely with Central American governments to prepare a regional citizen security strategy designed to align key players with identified priorities, integrate and complement regional efforts, facilitate interagency coordination and jointly manage financial resources.

RESULTS 15 Local crime prevention activities implemented in

Creating the Mayors for Peace Network to promote

15 Nicaraguan and 18 Jamaican communities, which include training for police and employment and sports opportunities for youth.

sharing of good practices among 40 mayors in the region.

Implementing national or local crime and violence “observatories” in

Implementing Citizen Security Clinics to promote

Preventing organized crime by supporting

policy dialogue and exchange specialized knowledge and experience among high-level government officials from 15 countries in the region.

detection units that strengthen airport, border and customs security and combat money laundering.

24 countries.

Strengthening school violence prevention programs in Chile, Jamaica, Trinidad and Tobago and Nicaragua.

Implementing integrated programs of rehabilitation

www.iadb.org/security

and social inclusion for youth in conflict with the law in Panama and Uruguay.

BASIC FACTS The IDB uses a range of instruments to achieve its development goals including loans, grants, guarantees and investments to both public institutions and private companies.

As a primary source of development funding in the region, the IDB has a wide mandate, financing projects in almost every sector of the modern economy.

Like other multilateral organizations, the IDB’s membership is made up of sovereign governments: 26 borrowing member countries and 22 non-borrowing member countries. The borrowing member countries, which are all in Latin America and the Caribbean and own a majority of the Bank’s shares, contribute funds to the Bank and also draw on its resources. The non-borrowing member countries, which are spread across North America, Europe and Asia, contribute as well but do not receive IDB financing.

Borrowing Members

Non-Borrowing Members

Argentina, The Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Trinidad and Tobago, Uruguay and Venezuela.

Austria, Belgium, Canada, the People’s Republic of China, Croatia, Denmark, Finland, France, Germany, Israel, Italy, Japan, the Republic of Korea, The Netherlands, Norway, Portugal, Slovenia, Spain, Sweden, Switzerland, United Kingdom and the United States.

— THE INTER-AMERICAN DEVELOPMENT BANK

FOUNDED IN 1959, THE INTER-AMERICAN DEVELOPMENT BANK (IDB) COMBINES ITS FINANCIAL RESOURCES AND KNOWLEDGE TO REDUCE POVERTY AND INEQUALITY, AND FOSTER SUSTAINABLE SOCIAL AND ECONOMIC DEVELOPMENT IN LATIN AMERICA AND THE CARIBBEAN.

FINANCING SUSTAINABLE DEVELOPMENT THROUGHOUT LATIN AMERICA AND THE CARIBBEAN www.iadb.org |

INSTITUTIONAL PRIORITIES The IDB finances a diverse array of projects--from educational reform to environmental protection to basic infrastructure. The IDB also periodically realigns priorities in terms of the amount of financial resources different sectors receive. As part of its most recent General Capital Increase, the Bank’s Governors set the following yearly lending targets for 2015 (by percentage of loan approval volume):

50%

Poverty and inequality reduction Environmental sustainability and climate change

20%

Private sector Regional integration

25%

15%

IDB CONTACTS One of the best ways to stay up-to-date on the latest news from the IDB is through the Bank’s website, which contains detailed information on our projects, research, publications and events. In the Resources for Academia webpage, we have compiled relevant tools for students and researchers, including our communities and blogs. www.iadb.org/academia The Careers webpage offers information on the different programs and application procedures for individuals who are interested in a career in the development field and opportunities to work in the stimulating, diverse environment that the Bank provides. The internship and research fellow programs are an opportunity for current undergraduate and graduate students to learn and expand their knowledge in their areas of expertise. The Young Professionals Program seeks motivated individuals under the age of 32 (or under the age of 35 for applicants who wish to declare themselves as Afro-descendant or indigenous) who hold graduate degrees and want to gain exposure to the different business areas of the Bank. www.iadb.org/careers The IDB Cultural Center was created in 1992 to advance the concept of culture as an integral component of development. The Center’s exhibitions and the Inter-American Concert, Lecture and Film Series promote dialogue and a greater knowledge of the culture of the Americas.

To attend these events or other activities, please visit the Bank’s events page: http://events.iadb.org/calendar The IDB Youth program promotes the involvement of young people in Latin America and the Caribbean in the development process by providing opportunities for leadership, community service, volunteerism, access to technology and entrepreneurial development in the world of business and social action. The IDB Youth Network, a key component of the program, is comprised of thousands of youth leaders and organizations interested in the social and economic development of Latin America and the Caribbean. To become part of the network, or to obtain more information on the program, please visit: www.iadb.org/idbyouth