The economic recovery this time around will have to be different, centered on environmental and social sustainability. It must steer us toward a low-carbon economy that is resilient to the effects of climate change and does not leave anyone behind.
ESG due diligence must contend with a slew of challenges. However, inadequately fast-tracking of it runs the risk of short-changing clients from much needed value added and risks negative impacts to stakeholders and the environment.
To manage the economic costs of the coronavirus pandemic, people must have the financial resources to comply with containment measures and a gradual reopening. The private financial system therefore plays a key role in the survival of economic productivity and employment.
For MSMEs, the response to COVID-19 requires not only ensuring their survival in the short term, it also requires evaluating possible scenarios to align recovery efforts. For this, it is essential to strengthen their resilience.
The agribusiness sector has proven particularly resilient. How have Latin American food production value chains fared during the crisis and what strategies are they taking to confront new challenges?