The excitement raised by the launch of the Panama Canal’s expansion and the astonishment of some 40 thousand individuals that were moved as they watched a gigantic Cosco Shipping Panama sail by are still palpable. However, as the celebrations die down, we must focus on the challenges Panama faces in the wake of this new era. Without question, one of its main challenges is water … [Read more...] about Water Management: an Urgent Agenda Following the Canal Expansion
Part I: The Allure of Cash Compensation in Resettlement Processes
Fernando was excited about a large amount of money he had just received. The money came from a public energy agency as compensation for the loss of his house and the source of his livelihood. He used to live and work by a nearby river, panning for gold on the riverbanks, until he was informed that he needed to vacate the area. A new hydropower plant was going to be built … [Read more...] about Part I: The Allure of Cash Compensation in Resettlement Processes
What’s the Key to Successful Sustainable Development Planning?
What’s the Key to Successful Sustainable Development Planning? We need local people to be involved in solving the world’s most pressing issues Development banks are positioned to strongly influence how well our future societies thrive. Increasingly, multi-lateral institutions are engaging local people in planning the projects and programs they fund, ensuring development meets … [Read more...] about What’s the Key to Successful Sustainable Development Planning?
A tool for achieving sustainable water use
Water is a shared resource; the quality and quantity of water available to each stakeholder depends on how others use it. Water is essential for life and much more - rivers, lakes, floodplains and coastal areas provide flood protection, energy, navigation routes, recreational sites, building materials and food. A shared and essential resource should be used carefully, but … [Read more...] about A tool for achieving sustainable water use
See what three top experts told us about climate change
See what three top experts told us about climate change Earlier this year, the IDB sponsored a series of in-house presentations from leading experts in the field of climate change. The goal was twofold: to educate ourselves & the public on this important issue and provide an internal forum for collaboration within the Bank. Like any other large organization, the IDB … [Read more...] about See what three top experts told us about climate change