Luis Alberto Moreno, the President of the Inter-American Development Bank, speaking at the Americas Conference in Miami, said “there is no region that can gain more from biofuels than Latin America and of climate change is a big risk. What we see happening between Brazil and the US on biofuels is very exciting.”
Moreno projected a 4.5% GDP growth for Latin America in 2007 and 2008, down from 5% in 2006, but he said that “The result of good macroeconomics is that many Latin Americans to the verge of joining the middle class.” He said that the pending trade deals with Colombia, Panama and Peru will have tremendous impact in Latin America.
The leaders of the Inter-American Bank have gathered in Miami this week, with Latin American financing of energy projects in the spotlight. The IDB set sustainable production of biofuel as a priority ...
In Colombia, Oilsource Holding Group has formed a joint venture with Abundant Biofuels to produce jatropha-based biodiesel in Colombia. The joint venture plans to plant 100,000 hectares with jatropha ...
A new Inter-American Development Bank (IDB) study examines biofuel opportunities in Barbados, Jamaica and Guyana. The report discussed the 6 million gallon ethanol target for Barbados, to cover domest...
The Inter-American Development Bank has launched a new interactive Biofuels Sustainability Scorecard, which analyzes the social, economic and environmental benefits of proposed biofuels projects. The ...
In Colombia, The Inter-American Development Bank awarded $1.5 million grant to the Government of Colombia for the development of a long-term plan to generate renewable energy.
The grant was compose...
Former Florida Governor Jeb Bush, speaking at the Americas Conference in Miami, re-stated a call for elimination of the tariff on Brazilian ethanol. He said that "creating a true [biofuels] market wit...
