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IDB Invest Structures the Largest Blue Bond in History: $1.35 Billion
The transaction supports the expansion of wastewater collection and treatment in the State of São Paulo and improves living conditions for 2.5 million people through an innovative financing solution.
Governance and Succession: Securing the Future of Mexico’s Nonbank Financial Institutions
IDB Invest study: key findings and a roadmap to strengthen governance and CEO and senior management succession planning in nonbank financial institutions (NBFIs).
Korea's Cutting-Edge Innovations to Transform Agribusiness in Latin America and the Caribbean
Discover how IDB Invest connects regional agribusinesses with leading innovators in Korea to accelerate smart agriculture, agritech, and sustainable growth.
Improving effectiveness of development cooperation and the role of private sector
By Ichiro Toda Many collaborative efforts are underway to bring public and private development practitioners together to strengthen development effectiveness. The push for more cooperation began in November 2011 when the global development community, including the IDB, agreed to the Busan Partnership for Development Effectiveness. The principles in the agreement promote enhanced country ownership, results measurement, inclusive partnerships, transparency and mutual accountability in development work. Recognizing the central role of the private sector, the Busan final document encouraged efforts to:
Corporate social innovation is the new corporate social responsibility
By Elizabeth Boggs Davidsen A new trend in international development has paired some unlikely business partners: development finance institutions and impact investors are working with large multinational corporations to fund projects that advance both development and business agendas.
Financial inclusion just a click away: E-wallets and payment platforms
By Valentina Echeverry, Opportunities for the Majority; and Sergio Navajas, MIF. In Latin America, 60 percent of the population lacks access to financial services, equivalent to approximately 250 million people. However, mobile phone penetration is between 90 and 100 percent. In some countries, such as Colombia, penetration is 105 percent. This indicates that most people have a mobile device and some, even two. What role do mobile wallets and payment platforms play in financial inclusion?
Potential in the Pacific: Connecting SMEs across Latin America
By Ana Lucia Escudero Peru’s southern port of Paracas boasts pre-Incan trade routes dating back to 300 B.C. – a fitting venue to host the 10th Summit of the Pacific Alliance where heads of state from Mexico, Colombia, Chile and Peru discussed ways to deepen trade integration, financial ties and social inclusion among the four nations.
What is the connection between No Impact Week and sustainable business?
I dare you: Can you buy nothing for a whole day? I know it sounds tough, but it happens on No Consumption Day. Employees who sign up for No Impact Week can experience how lowering our environmental footprint can impact quality of life, communities and planet. While No Impact Week is about discovering how lifestyle changes like consuming less can increase personal fulfillment, health, and happiness, it certainly begs the question: How is less consumption also good for sustainable business?
How to reduce your energy costs and become more competitive
These days, reducing production costs to increase competitiveness is a must. In a report titled Climate Solutions, the World Wildlife Fund notes that the world could cut its energy consumption by 40% by 2050 just by improving energy efficiency and energy conservation. But when looking for alternatives that don't sacrifice the quality of raw materials, not many entrepreneurs realize that a change in energy policy could save them a considerable amount on their energy bills.