Andean Development Corporation | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions


bicusa.org/caf Home InstitutionsCAF Andean Development Corporation Overview Projects Updates Resources Contacts RSS Press Clipping \| 11 August 2011 Brazil Planning to Invest in 7 Hydroelectric Dams in Latin America Read more Press Clipping \| 11 August 2011 BRAZIL: Soy Boom Drives Westward Expansion of Railroads Read more Press Clipping \| 9 August 2011 Peru: Gold rush another blight to ailing Amazon jungle With gold’s price soaring globally as the metal became a hedge against financial uncertainty, the army of small-scale miners in the state of Madre de Dios has swelled to some 40,000. The result: Diesel exhaust sullies the air, trees are toppled to get at the sandy, gold-flecked earth and the scars inflicted on the land are visible on satellite photos. Read more Press Clipping \| 9 August 2011 BRAZIL: Soy Boom Drives Westward Expansion of Railroads Despite high interest rates and high household electricity tariffs, Brazilian economy has been growing at the highest rates seen in decades. Another problem that, although not in the way of growth, must be overcome is the costly use of roads for transporting farm products – issue being addressed by the expansion of railway networks. Read more Press Clipping \| 24 July 2011 Commercial influence in Brazil worries Peruvians In 2010, the Brazilian direct investment in Peru was US$1.014 billion, almost triple that in 2009, when it was $492 million . The Chamber of Commerce Peru-Brazil (Capebras) estimated investment to reach $32 billion in 2016. Read more Press Clipping \| 24 July 2011 Peru approves $195 million soles more to finish Interoceanica Sur Highway The Peruvian legislature has approved an additional payment to complete the Southern Interoceanic Highway, linking the Andean country with Brazil. The highway is expected to be completed in 2012 Read more Update \| 18 May 2011 Bolivia: The World Bank and the Government recognize deficiencies in the Takana's Indigenous Plan The World Bank and the Government of Bolivia recognize the observations of the TCO Takana I on deficiencies in the Indigenous Peoples Plan of the Ixiamas - San Buenaventura Highway project and accept to start a process to improve the Indiginous Plan even after the project was approved. Read more Press Clipping \| 7 May 2011 Southern Interoceanic Highway generated benefits worth US$3 billion The construction of the Peru-Brazil Southern Interoceanic Corridor (IIRSA SUR) has generated economic benefits worth US$3 billion, reported the President of Peru’s Supervisory Board for Investment in Public Transport Infrastructure (Ositran), Juan Carlos Zevallos. Read more Press Clipping \| 20 April 2011 Destructive progress: Brazil-Peru Transoceanic Highway The 2011 completion of the 3,400-mile Transoceanic Highway nears, connecting the Amazonian state of Acre in Brazil with the southern Pacific coast of Peru. Supported by governmental and multi-national development interests, it promises to internationalize Brazilian agricultural products, while improving mobility across the region. Read more Press Clipping \| 10 April 2011 Goverance & sustainable local development: necessary mix for Southern Highway Read more Press Clipping \| 3 February 2011 Government: Mexico’s Homicide Rate Not Latin America’s Worst Brazil, with a homicide rate of 25.3 per 100,000 inhabitants, Jamaica, with 32.4, Belize, with 32.7, Colombia, with 37.3, Venezuela, with 48, South Africa, with 49.6, and El Salvador, with 61, all ranked above Mexico, Read more Press Clipping \| 3 February 2011 China and Brazil Inundate Latin America with Dams The growing presence of Chinese and Brazilian capital in Latin America's energy sector is facilitating the construction of hydroelectric complexes, but is also the fuelling nationalist stances that are adding to the environmental criticisms of those major projects. Read more Press Clipping \| 30 January 2011 DAR questions constitutionality of Peru emergency investment decrees It seems that the Government has forgotten its commitment to the environment when in January of 2011, it enacted the Emergency Decree No. 001-2011 to eliminate environmental impact certificates to approve 33 projects for investment. Read more Press Clipping \| 9 January 2011 Indigenous Peoples Of Puno, Madre de Dios And Cusco Start Indefinite Strike Against Inambari Dam Indigenous peoples from the regions of Puno, Madre de Dios and Cuzco are awaiting the government to keep its word to come to the area where the construction of hydroelectric project Inambari and discuss and accept the invalidity of it, otherwise communities begin an indefinite strike to defend their ancestral lands and respect for its decisions. Read more Press Clipping \| 6 January 2011 Lacking consultation, Putumayo Indigenous Group halt San Francisco- Mocoa highway project Through peaceful mobilization, legal actions, unity, and deep roots in their ancestral territory, the indigenous peoples of Putumayo and some Afro-Colombian communities stopped the implementation of the San Francisco -Mocoa highway project funded by the IDB, a project considered by the government as a pillar of regional development and IIRSA Amazonas Multimodal Transport Corridor Tumaco-Belem do Para, the promotes infrastructure megaprojects to facilitate the extraction of natural resources, oil, minerals, biodiversity and ancestral knowledge of the Amazon. Read more Press Clipping \| 28 December 2010 PERU: Sacrificing the rainforest on the altar of energy The construction of five hydroelectric dams in Peru as part of an energy deal with Brazil will do considerable damage to the environment, such as the destruction of nearly 1.5 million hectares of jungle over the next 20 years, according to an independent study. Read more Update \| 20 December 2010 Peru Congress approves law protecting areas affected by Southern Highway In a bill that was proposed in 2008, the Peruvian Congress Commission on Andean, Indigenous and Afro-Peruvian Peoples, Environment and Ecology, approved a bill to protect the areas and biodiversity affected by the Southern Interoceanic highway. The bill awaits the President's signature. Read more Update \| 14 December 2010 Peru Civil Society Calls for Greater Governance in new CAF Loan to IIRSA Sur Highway Read more Update \| 23 November 2010 MINAM convenes workshops to finalize Interoceanic Highway mitigation 2nd phase Read about the upcoming regional workshops in Puerto Maldonado, Puno and Cusco, organized by the Peruvian Environment Ministry. Read more Press Clipping \| 14 November 2010 Peru: Energy concession law eases EIA rules Under pressure to expedite Brazilian dams in the Peruvian Amazon region, the government is proposing legistlation to ease environmental requirements for hydroelectric dams that allows concessions without presenting an EIA. Read more Press Clipping \| 13 November 2010 Peruvians brace as superhighway unfolds The Transoceanic Highway, evoking engineering marvels such as the Transcontinental Railroad and the Panama Canal, has been talked about for decades, assuming a mythic stature that has led many to question whether the east-west thoroughfare linking Brazil's Atlantic ports with the Pacific docks of Peru would ever come to pass. Read more Update \| 27 October 2010 Proposals for governance in the Peruvian Amazon Authors Claudia Enrique and Vanessa Cueto of Derecho, Ambiente y Recursos Naturales (DAR) in Peru conducted an independent assessment of a program to mitigate the social and environmental effects of the highway currently being built in Peru. Read more Press Clipping \| 22 October 2010 CAF's mission inspected progress of works of the Southern Inter Oceanic Highway Corporacion Andina de Fomento (CAF) informed about the progress of the Inter-Oceanic Highway construction as well as the achievements of the productive projects implemented to improve the quality of life of people in the area of influence of the corridor. Read more Press Clipping \| 20 October 2010 Peru: A highway built to be flooded Construction workers are fighting the clock to finish the last stretch of the Southern Inter-Oceanic Highway, in southeastern Peru, apparently unaware that about 100 kilometres of this road connecting to Brazil will be covered by water once the Inambari hydroelectric dam is built nearby. Read more Press Clipping \| 18 September 2010 Inambari and the future of our Amazon Read more Press Clipping \| 27 July 2010 Bolivian Deputy Minister of Environment and Director of Environment submit their resignation Bolivian Deputy Minister of Environment Juan Pablo Ramos and Director Environment Luis Beltrán submitted irrevocable resignation from their posts on Friday of last week, after government officials tried to force them to sign an environmental permit for the construction of a highway in the Chapare region of Cochabamba. Read more Update \| 17 March 2010 The challenge of transparency in the construction of megaprojects This article is based on an investigation of the Puerto Suárez - Santa Cruz Bi-Oceanic Corridor conducted by a team of professionals from the Center of Applied Studies of Economic, Social and Cultural Rights (CEADESC) in Bolivia. The investigation is centered on transparency policies applied in the management and development of mega-infrastructure projects within the IIRSA integration initiative in South America, and aims to ignite a debate between civil society and the various international actors that finance IIRSA. The CEADESC study shows that this debate can only take place within a wider discussion about the interrelation between development policy, democracy and human rights given that each one of these dimensions is a condition for advancement of the others. Read more Press Clipping \| 22 February 2010 MINAM launches consultation on Peru national climate strategy Read more Update \| 20 February 2010 No More of the Same - the Search for Governance 0n the Southern Interoceanic Highway Read more Update \| 6 February 2010 Civil Society Organizations and Academics Warn Against Peru-Brazil Energy Treaty Read more Press Clipping \| 3 February 2010 Brazilian Constructor OAS Offers $100 mn for Inambari in 2009 Read more Press Release \| 1 February 2010 Indigenous Federation of Madre de Dios Says No to Inambari Dam The principal indigenous federation of the Madre de Dios region of Peru issued a press release rejecting the proposed construction of the Inambari dam and call for the immediate suspension of the project. Read more Press Release \| 28 January 2010 The Desired Future of the Peruvian Amazon 2021? Book Launch: Jan. 26 & 27, 2009 - Lima, Peru: Peruvian Amazon in 2021-Infrastructure and the Exploitation of Natural Resources: What is happening and what does it mean for the future? by Marc Dourojeanni, Alberto Barandiarán y Diego Dourojeanni is a publication in which the authors fill a informational gap that exists for Peruvian citizens regarding what the government and private investors plan to do in the coming decade in the Peruvian Amazon. Read more Press Clipping \| 27 January 2010 Peru lacks Amazon development plan Expert in envrionmental issues Marc Dourojeanni criticized Peru for its lack of an Amazon Development Plan and warned that the Peruvian jungle will experience irreversible changes if even a third of the planned projects are implemented over the next 12 years. Read more Update \| 22 January 2010 Glenn Ross Switkes (1951-2009) Read more Press Clipping \| 20 January 2010 CAF approves another $200 million for Southern Interoceanic Highway The Andean Development Corporation (CAF) confirmed today that it has approved an additional loan of 200 million dollars for the implementation of the final phase of of sections 2, 3 and 4 of the Southern Interoceanic Highway (CVIS). The total cost of the project, originally set at $892 million in 2006 could now exceed $2 billion. Read more Press Clipping \| 19 January 2010 Andean Development Corporation loans $200 million to Peru for Interoceanic highway The Andean Development Corporation (CAF) approved a loan of 200 million dollars to Peru for the implementation of the final phase of sections 2, 3 and 4 of the Southern Interoceanic Highway (CVIS), the organization confirmed today. Read more Update \| 10 January 2010 CEADESC Informs on IIRSA Megaproject Impacts in Pando Workshop Indigenous and small farmer communities of Pando and Brazil participated in a workshop convened by CEADESC about the social and enviromental impacts of IIRSA megaprojects such as the Northern Corridor Highway, the Rio Madeira Hydroelectric Dams in late August, 2009 Read more Press Clipping \| 5 January 2010 Over a mile of new road Interoceanic collapsed without having been opened The construction company blames illegal mining, while the authorities blame the own construction company Read more Press Clipping \| 19 December 2009 Brazil and Peru Deepen Interoceanic Integration Read more Press Clipping \| 16 December 2009 Peruvian police attack local population opposed to Amazon dam Last Saturday, elements of the Peruvian National Police violently suppressed residents of San Labán, Puno during a protest opposing the construction of the Inambari hydroelectric dam. Read more Update \| 5 December 2009 CAF approves grant to prepare stage two mitigation project for Interoceanica Sur The government of Peru approved a resolution authorizing the use of a non-reimbursable technical cooperation from the CAF to begin the design of second generation project to mitigate the direct and indirect impacts of the Southern Interoceanic Highway. Read more Press Clipping \| 3 December 2009 No-shows among South American leaders at Amazon summit Read more Press Clipping \| 28 November 2009 ¿Lula Suggests to Evo that both work to favor Brazilian companies? Saturday the 22 of August in Villa Tunari, Cochabamba, an agreement between Bolivia and Brasil was finalized to build a highway between Cochabamba (Villa Tunari) and Beni (San Ignacio de Moxos). Highway to Beni: Villa Tunari - San Ignacio de Moxos Read more Press Clipping \| 27 November 2009 Colonization Settlements are Consolidated in Pando Read more Press Release \| 27 November 2009 Civil Society Presents Proposal for Reform of the Southern Interoceanic Highway Read more Update \| 23 November 2009 Conservationists Fight Proposed Amazon Road "The new roads and waterways have to be built, but built in compliance with local communities looking for protection of the forest," said Marina Silva, a senator from the western Brazilian state of Acre, and the country's former environment minister. Read more Update \| 13 November 2009 IIRSA: Development for business, an attack on lives The following video was presented to the Inter-American Comission on Human Rights in Washington, protesting the construction of mega-projects financed by the World Bank and IDB. Read more Press Clipping \| 10 November 2009 Madre de Dios: Buried in Mercury A flight over the forest between Madre de Dios and Puno provides a panoramic view of the devastation: thousands of tons of removed soil and forests that have disappeared or been buried beneath waste left by years of intense and illegal gold mining activity in the Amazon. Read more Press Clipping \| 10 November 2009 Indigenous groups file claim against IIRSA Indigenous groups from Bolivia, Brazil and Peru filed a case against their respective governments Nov. 2 in the Washington-based Inter-American Commission on Human Rights, alleging that the Initiative for the Integration of Regional Infrastructure in South America, or IIRSA, is causing collective human rights violations against their communities. Read more Press Clipping \| 5 November 2009 Argentina becomes full member of Andean Finance Corporation On Wednesday, Argentina became a full member of the Andean Finance Corporation, of which it had been a series C shareholder since it joined in 2001, as confirmed in a statement from the Argentine Minister of Economy. Read more Update \| 3 November 2009 Indigenous leaders denounce IIRSA megaprojects that violate the rights of Mother Earth The Confederación Andina de Organizaciones Indígenas de Perú (CAIO), the Organización Indígena Chiquitana de Bolivia (OICH), el Centro de Estudios Aplicados a los Derechos Económicos, Sociales y Culturales de Bolivia (CEADESC), Comunidades Nativas de Pueblos Indígenas de Rondonia de Brasil and Indian Law Resource Center today denounced various IIRSA projects at the Inter-American Court for Human Rights in Washingtion DC for the violation of the right to free and prior informed consent of indigenous peoples. Read more Update \| 3 November 2009 Flor de Ucayali affected by Pucallpa – Cruzeiro de Sul segment of IIRSA The 220 km IIRSA project will cut through territory of the indigenous communities of Flor de Ucayali and others in the Iskonahua Territorial reserve. Indigenous groups have expressed concern over the consequences forced contact could have on these groups, which live in voluntary isolation. Read more Press Release \| 2 November 2009 Inter-American Commission on Human Rights examines impacts oflarge dams in Latin America Read more Press Clipping \| 25 October 2009 Informal Mining in Peru Moves up to $650 million Small and medium-scale mining in Peru are no longer artisan activities. They have become a veritable machinery complex, moving millions of dollars on the black market. The general director of Mining at the Ministry of Energy and Mines, Víctor Vargas, acknowledged that this activity is no longer exclusive to Puno and Madre de Dios, and has in fact extended throughout the entire country. Read more Press Clipping \| 25 October 2009 Bolivia announces Amazon development projects Bolivian President Evo Morales announced the implementation of several development projects in the Amazon department of Pando in hopes of making it a center of development in the country. Read more Press Clipping \| 24 October 2009 Brazilian Settlements in Pando Awaken Tensions Lula and Evo coordinate the return of 1,000 Brazilians located in Pando. Some call for the defense of their lands. Read more Press Clipping \| 24 October 2009 EU Support to Bolivia Focuses on Chiquitania Region The Prefect of Santa Cruz, Rubén Costas, and EU ambassador Kenny Bell inaugurated 14 bridges, a viaduct and six road accesses. The projects were financed as part of the fourth section of the bioceanic corrdior Santa Cruz-Arroyo Concepción. Bolivia receives more European financial assistance than any other country in the region. Read more Press Clipping \| 24 October 2009 El Tinto-San José Section of SC-PS Highway Divided, Delayed Astaldi fined $6 million, Paraíso-El Tinto section also behind schedule Read more Press Clipping \| 12 October 2009 Inambari and Transparency The most worrying feature of the proposed Inambari hydroelectric project is the manner in which the central government has made the decision to build the dam, leaving at the margins of the decision making process regional and local authorities, civil society, and in particular, the inhabitants of the planned construction zones. Read more Update \| 10 October 2009 From No Man's Land to Land for All Pando on the one year anniversay of the Porvenir Massacre Read more Press Clipping \| 8 October 2009 AFC: New credit to finance Southern Interoceanic Highway will reach US$200 million "We're working with the Ministry of Economy and Finance (MEF) to work out the details of a new credit for the final stage of the project, which will be approved by the end of the year", stated AFC representative Eleonora Silva. Read more Press Clipping \| 1 October 2009 COFIDE to contribute US$ 100 million to Joint Infrastructure Investment Fund of Peru Economy and Finance Minister Luis Carranza annouced today that the Development Finance Corporation (Cofide in Spanish) will contribute $100 million in capital to the Joint Infrastructure Investment Fund of Peru, created by the Inter-American Development Bank (IDB) and the Andean Finance Corporation (CAF). Read more Press Clipping \| 1 October 2009 SEDEPAL recieves proposals from AFC and World Bank to guarantee next disbursement of bonds “Backing from AFC and the IFC would allow us to improve the structuring of bonds”, the Andean agency said today. Read more Update \| 30 September 2009 Video of the Inambari Info Workshop, Mazuko Read more Press Clipping \| 30 September 2009 $ 600 million infrastructure fund created "The fund will be for cost-effective infrastructure projects. In Peru we have a deficit of between 7 and 10 billion dollars in infrastructure”, IDB director for Peru, Ana María Rodríguez told reporters. Read more Press Clipping \| 14 September 2009 Amazon peoples call for civil war against Inambari Native assembly denounces the construction of the Inambari hydroelectric dam, amid fears of being displaced from their land. They threatened a repetition of the tragic events of Bagua, where police and civilians were killed. Read more Press Clipping \| 14 September 2009 Electrobras will compensate Inambari impacts Read more Update \| 10 September 2009 The Inambari River Basin invaded by illegal gold miners Read more Update \| 10 September 2009 Position of the Peruvian College of Engineers on Inambari The College expressed its profound surprise at the disinterest shown by the Minister of Environment upon failing to attend the Forum, and urged the Minister of Energy and Mining to publicly release the Concession Contract and its outcomes, regarding both the economic and social effects as well as mitigation measures for the environmental impact of the reservoir. Read more Update \| 10 September 2009 New CAF Loan for Southern Interoceanic Highway in early 2010 The Andean Finance Corporation (CAF) is evaluating a new line of credit to finance the Southern Interoceanic Highway, which is to be approved early next year, CAF representative Elenora Silva reported today. Read more Update \| 9 September 2009 Brazil and BNDES: The Threat of Development for the Amazon In this month's bulletin, we examine some of the concerns about whether the Bank’s and the Brazilian government’s policies address climate change issues and the social and environmental impacts of these projects. Read more Update \| 4 September 2009 Southern Interoceanic Highway Impacts: Better to know it now Read more Press Clipping \| 4 September 2009 Inambari: “If the negative impacts are too severe, the project will not go ahead" Evandro Roberto Miguel, president of the Inambari Project directive, Empresa de Generación Eléctrica Amazonas Sur of Brazil quoted at a recent event in Puno, discussing the pros and cons of the Inambari Hydroelectric Dam. Read more Update \| 4 September 2009 Regarding the Inambari Dam We continue our dicussion on energy; this time with a few lines about Inambari and the energy deal with Brazil. Read more Press Clipping \| 4 September 2009 PERÚ - Against Inambari and Paquitzapango Dams Read more Press Clipping \| 27 August 2009 BNDES Portfolio for South America Totals $US 15.6 Billion A significant increase in the number and value of projects approved or under analysis by BNDES for the South American region will bring a commensurate increase in the purchase of Brazlian goods and services over the next four years, says BNDES President Luciano Coutinho. Read more Update \| 27 August 2009 New Study Estimates Large Carbon Impact of the Inambari Dam The Inambari Hydroelectric Project, with a reservoir projected at 46,000 ha of tropical forest, would be an important source of greenhouse gas emissions to the extent that total emissions for Peru could increase by 5.8% Read more Press Clipping \| 21 August 2009 Section of the Santa Cruz-Arroyo bi-oceanic corridor inaugurated The prefect of Santa Cruz and ambassador from the European Union unveil 14 bridges and a viaduct in the fourth section of the Santa Cruz-Arroyo Concepción bi-oceanic corridor. Read more Press Clipping \| 21 August 2009 Puno citizens question Inambari Hydroelectric Dam After watching a report by Foro TV about the ecological damage that would be caused by the construction of the Inambari dam to the areas around Puno, citizens expressed their concern and demanded that local officials assume a responsible position to confront this threat. Read more Update \| 21 August 2009 Puno regional government rejects proposed Inambari Dam Read more Update \| 13 August 2009 Inambari: the Brazilian Hydroelectric Dam Read more Press Clipping \| 13 August 2009 Oil Exploration in Northern La Paz Divides Indigenous Organizations Read more Press Clipping \| 13 August 2009 Peru Ministry of Transport Comunications (MTC) approves changes to IOS concession Read more Press Clipping \| 13 August 2009 Peru begins annual payments for Section 5 of Interoceanica Sur Read more Press Clipping \| 13 August 2009 Advantages and disadvantages of Inambari Hydro Project analyzed Read more Press Clipping \| 9 August 2009 Camisea lacks capacity to supply Peru's domestic needs Read more Press Clipping \| 9 August 2009 Huepetuhe, the land of sexual trafficking Puerto Maldonaldo, Madre de Dios, in heart of the Peruvian jungle, is the home to some of the worst offenses of sexual trafficking of minors. Read more Press Clipping \| 9 August 2009 Baseline study for Peru Southern Interoceanic Highway presented Read more Press Clipping \| 7 August 2009 Discontent with construction of the Inambari Hydroelectric Project The project of constructing the Inambari mega-hydroelectric dam is generating discontent in the various affected communities in the province of Carabaya, who demand respect for the lands dedicated to agriculture. Read more Press Clipping \| 28 July 2009 Continued resilience: Regional Report Latin America One way to stem this rising tide, said ministers, would be for Latin American countries to "increase public infrastructure integration to reduce transport and energy costs in order to make their economies more competitive." Read more Press Clipping \| 23 July 2009 Government announces creation of businesses in the Bolivian Amazon Bolivian government announced the creation of a 100 million dollars fund for four state businesses in the Amazon. for a lumber company, tropical frutes, and rubber. The government's hope is that, with these new businesses the people in the north of Bolivia will have more opportunities to work and earn higher wages. Read more Press Clipping \| 22 July 2009 Bolivian government did not consult Indigenous peoples regarding oil exploration Indigenous peoples organizations emphasize that the government did not consult with them on various oil explorations. Because they were not consulted, there is no established forum for their complaints. Read more Update \| 20 July 2009 IDB & IIRSA: Continuity in Question Within the current context of a global capital increase proposal by the Inter-American Development Bank that would permit the Bank to triple its current annual lending volume, 20 civil society organizations from 10 countries demanded that the IDB not renew its mandate to participate in the Technical Coordination Committee (CCT) of IIRSA based on the inconsistency of IIRSA practices with Bank safeguard and operating policies. Read more Press Clipping \| 20 July 2009 Over $1 Billion in funding available for oil exploration in Northern La Paz The Society formed by GTLI y Yacimientos Petrolíferos Fiscales awaiting an environmental license and Petroandina has entered the phase of seismic studies. Read more Press Clipping \| 20 July 2009 Bolivian governent creates infrastructure fund to acelerate projects Read more Update \| 20 July 2009 Peru Interoceanica Sur Highway has deforested 90,000 hectares Specialist warns of more deforestation from increased migration Read more Update \| 16 July 2009 Reflections on environmental and social program and the indirect impacts on Interoceanico Sur In order to help mitigate the effects of the economic crisis, Peru has created an "Anticrisis Plan" which in part will serve to finance big infrastructure proyects. These projects, given their scale and the government's poor management of such projects are bound to create problems. Read more Press Clipping \| 10 July 2009 CAF to disburse an additional $270 million for Southern Interoceanic Highway in Peru Cost overruns could push the total for the highway to over $2 billion Read more Press Clipping \| 6 July 2009 Call for Inambari Hydroelectric Project to be reinitiated Affected communities of the proposed Inambari hydroelectric project from Puno argue that the project will bring more costs than benefits; the Andean Southern Natural Gas Pipeline is neither a guaranteed for the Southern Peruvian department. Read more Press Clipping \| 6 July 2009 Congressional Deputy Susana Vilca: Inambari should not damage the environment Puno Congressional leader, Susana Vilca Achata, stated that the Inambari Hydroelectric Project will negatively affect that Southern Interoceanic Highway and native peoples, and therefore the private Brazilian contractor, Amazonas Sur, should reformulate the design of the project. Read more Press Clipping \| 6 July 2009 Brazil/Bolivia/Chile inter-oceanic corridor ready for 2011 Bolivia, Brazil and Chile have announced that the inter-oceanic corridor, from the Atlantic to the Pacific will be finished by 2011. The announcement was made following an assessment of the different legs of the corridor during a meeting in La Paz, Bolivia between the Public Works ministers of the three countries. Read more Press Clipping \| 6 July 2009 Ministers to inspect progress on bi-oceanic corridor The bi-oceanic highway will run from Brazil's largest port, Santos, through Bolivian departments Santa Cruz, Cochabamba and Oruro, and on to northern Chile's Pacific coast cities of Arica and Iquique. Read more Update \| 17 October 2008 The IDB together with CAF and FLAR announce a major injection of resources for the Latin American region The presidents of the IDB, CAF and FLAR met with the intention of giving signals to the region that there are significant resources to make them available to Latin American countries beyond the resources available regularly. The total amount of contingency resources put together by the three institutions accounts for $9.3 billion to provide greater liquidity to financial markets in the region. Read more Update \| 17 October 2008 El BID junto con la CAF y el FLAR anuncian una importante inyección de recursos para la región Los presidentes del BID, CAF y FLAR se reunieron con la intención de dar señales a la región de que hay recursos importantes para ponerlos a disposición de los países Latino Americanos más allá de los recursos que existen regularmente. Un total de US$9,300 millones en recursos de contingencia entre las tres instituciones para dar mayor liquidez a los mercados financieros de la región. Read more Update \| 29 September 2008 IIRSA CCT meeting on infrastructure and the Amazon: IIRSA's future in doubt BICECA Quarterly Bulletin 2008 Read more Update \| 17 September 2008 Masacre de 30 campesinos a manos de civicos en Pando, Bolivia En un acto de lo mas violento en la historia de la democracia de Bolivia, una campaña realizada por los Prefectos de la oposición en el país intentaron desestabilizar el gobierno de Evo Morales, quitando la vida a 30 personas y dejando varias docenas más heridas en la provincia Amazónica de Pando. La mayoría de los gobiernos regionales expresan su condena, Estados Unidos está silencioso. Read more Update \| 15 September 2008 Massacre of 30 campesinos by "civicos" in Pando, Bolivia In the worst violent act in the history of Bolivia's democracy, a campaign by opposition Prefects in Bolivia seeking to destabilize the MAS government, took the lives of as many as 30 people, and wounded dozens more, in the Amazonian province of Pando. Most regional governments expressed condemnation, while the United States remained silent. Read more Update \| 29 August 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Press Clipping \| 14 February 2007 CAF Adds $250mn in notes Read more Print this page Email this page		Search Institutions AfDB CAF ADB Bank of the South EBRD IDB IFC IMF MIGA World Bank See also BICECA Latin America Stay Informed! Sign up for our e-newsletters. SignUp

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