Cities in Latin America and the Caribbean (LAC) play a key role in providing services to their inhabitants. They are the administrative level closest to the needs of citizens, offering crucial services such as electricity, water, transportation, waste management and public infrastructure. In some countries in the region, they also manage education, health and security. In … [Read more...] about The role of municipal funds for sustainable urban development
IDB´s role revitalizing heritage housing in the Colonial City of Santo Domingo
A climatic approach for economic and social development The Colonial City is the oldest urban nucleus of Santo Domingo, capital of the Dominican Republic. It was the first permanent European settlement on the continent, serving as an urban model to be replicated in other colonial cities in America. On December 8, 1990, the Colonial City of Santo Domingo (CCSD) was declared a … [Read more...] about IDB´s role revitalizing heritage housing in the Colonial City of Santo Domingo
Delivering Social Value in real estate: An overdue discussion in Latin America and the Caribbean
Delivering effective environmental, social and governance strategies in the global real estate sector is an increasingly important issue. In this blog we address the opportunities that lie ahead for Latin American and Caribbean cities through the delivery of social value in the real estate sector. Environmental, Social and Governance in Real Estate Sustainable property … [Read more...] about Delivering Social Value in real estate: An overdue discussion in Latin America and the Caribbean
Innovating project finance in Latin American cities through Tax Increment Financing
Would it be possible for Tax Increment Financing (TIF) to work in Latin American and Caribbean (LAC) cities to expand local governments’ investment capacity in infrastructure? The short answer is yes.Although there are many factors to consider. The Urban area of the IDB's research found that a handful of cities in the region could meet most of the critical factors needed to … [Read more...] about Innovating project finance in Latin American cities through Tax Increment Financing
Financing Urban Infrastructure in Emerging Cities: Municipal Bonds
English | Español Local governments in emerging, Latin American and Caribbean (LAC) cities, are facing a daunting task: expanding access to infrastructure services, with scarce financial resources, for fast-growing urban populations. While local expenditures have increased over the past decade in LAC (from 5.5% to 6.6% of GDP between 2000 and 2007), capital … [Read more...] about Financing Urban Infrastructure in Emerging Cities: Municipal Bonds