Juan E. Notaro Executive President of FONPLATA – Development Bank An old joke that is frequently recycled in the Latin American political environment is that of the ruler addressing his people and stating: “Yesterday we were on the edge of the abyss. Today we have taken a step forward!”...
Signed under the framework of the ICO International Guarantee Program, the agreement amounts to USD 15 million. This is the second agreement signed by ICO with FONPLATA – Development Bank. The first one, also of USD 15 million funded projects to expand and improve two wastewater treatment plants in...
Juan E. Notaro Executive President of FONPLATA – Development Bank After more than two decades working in international organizations, I must say that despite the efforts towards the integration of Latin America, most people in the region still refer to it as a dream, a desire, a utopia. In fact, if...
Juan E. Notaro Executive President of FONPLATA – Development Bank The main role of development banks is to fund programs and projects that may not be convenient or profitable for commercial banks. Development, in the broad sense, is everything that contributes to improve people’s well-being and...
Juan E. Notaro Executive President of FONPLATA – Development Bank Due to its own nature, the climate affects our life in every respect. Likewise, climate change and its consequences are changing habits, landscapes, and attitudes in the whole planet. The finance world, especially finance for...