In recent decades, Latin America and the Caribbean (LAC) has invested significantly less than other developing areas. On average, only 1.8 percent of the region’s GDP went towards infrastructure between 2010 and 2020. To meet the Sustainable Development Goals (SDGs), accelerate the green energy transition, and decarbonize transportation, LAC countries need to invest more and … [Read more...] about Investing more and better to achieve a Sustainable and inclusive infrastructure
Ensuring Food Security through Better Transport and Logistics
Transportation plays a key role in ensuring food security by making food available and providing access to food by households through adequate infrastructure, storage, and transportation services. In 2022, it was estimated that Latin America and the Caribbean (LAC) was the region with the second highest figures for food insecurity globally, with an average prevalence … [Read more...] about Ensuring Food Security through Better Transport and Logistics
How can South Korea and Belize work together for better public transport?
How IDB initiated supporting Belize’s public transport reform: a study tour leads to closer collaboration between Korea and Belize. Optimizing and improving public transportation is essential to a country’s socio-economic development. As a continuation of the Comprehensive National Transport Master Plan of Belize funded by the IDB, a technical cooperation Capacity Building … [Read more...] about How can South Korea and Belize work together for better public transport?
This is how the Trinidad and Tobago kids solve congestion problems using the Metaverse
Cheer Fair is a community event in Trinidad and Tobago, which has been taking place since 2018, where the IDB interacts with different grassroot communities. With COVID-19 restrictions relaxing but still mindful of the risk, this year, the show took a hybrid approach, with various activities in the Metaverse and a strong focus on digital … [Read more...] about This is how the Trinidad and Tobago kids solve congestion problems using the Metaverse
Sector Framework: The IDB Transportation Roadmap
Few services impact quality of life more tangibly than transportation. The process of getting to work, school, the grocery store, or a loved one’s home can literally define a person’s day—for better or for worse. Today, governments face increasing pressure to resolve structural weaknesses in their transportation systems that were exacerbated by the COVID-19 pandemic. … [Read more...] about Sector Framework: The IDB Transportation Roadmap