Sustainable BusinessRecent posts
Superheroes of Development: The Brazilian Hospital with the Highest COVID-19 Survival Rates
During the height of the pandemic in São Paulo in 2020, receiving treatment for severe COVID-19 symptoms at public hospitals managed by Hospital Israelita Albert Einstein (HIAE) meant a 10% greater chance of survival compared to the rest of the city’s public hospital network. The IDB Group recognized HIAE’s successful management model and awarded it the Superheroes of Development prize.
Microinsurance: The New Frontier for Financial Resilience in Latin America and the Caribbean
In Latin America and the Caribbean, fewer than 10% of people with potential access currently use microinsurance services. However, this gap in financial protection is beginning to narrow. The expansion of the insurtech ecosystem is transforming the insurance sector, deploying digital and innovative solutions that strengthen financial protection for the most vulnerable populations.
Five Drivers Reshaping Finance in Latin America and the Caribbean
The tech revolution is breaking down structural financial barriers across Latin America and the Caribbean. Informal workers, rural communities, and small businesses are gaining rapid access to digital savings accounts, microloans, and instant transactions, often at little or no cost. But what’s really driving this transformation?
How Trade Finance Boosts Access to Credit for Smaller Businesses and Food Security
Most of the world’s commerce depends on trade finance. However, the global trade finance gap surged to an estimated $2.5 trillion in 2022, widened by the pandemic and ongoing economic and geopolitical uncertainty. Narrowing this gap can have a positive impact on two pressing challenges facing the region: limited access to finance for SMEs and mounting food insecurity.
Broadband Boosts Business Performance and Access to Credit in Peru
Access to universal and meaningful broadband internet is a must for boosting economic growth and reducing the digital divide in Latin America and the Caribbean. It can also boost access to finance for the most excluded segment of the credit market: micro, small, and medium-sized enterprises (MSMEs). A recent study supported by IDB and IDB Invest analyzed the effects of broadband expansion on the credit market in Peru, finding that smaller firms with limited credit histories benefited the most.
Integrity for Business: an Integrity Guide for Financial Institutions in Panama
A new guide providing practical assistance when developing or enhancing compliance programs may help lower integrity risk, a key hurdle for some foreign investors looking to work with banks in the region.
Leveraging Knowledge to Scale Impact in Latin America and the Caribbean
In a world of information overload, how do we make sense of the data that surrounds us? How do we use it to create positive change in our region and beyond? At IDB Invest, we believe that the answer lies in knowledge. It helps us build a bridge that connects people and insights to actions that matter to advance the Sustainable Development Goals (SDGs). By leveraging knowledge, IDB Invest can scale impact across Latin America and the Caribbean (LAC).
How Are We Doing? Five Takeaways from Our Annual Impact Management Report
Multilateral development banks play a critical role in catalyzing private sector investment towards impact, which calls for robust impact management approaches. In addition to sharing how we do it (impact management practice), reporting on how we are doing (impact performance) is an essential element of our Impact Management Framework at IDB Invest, which we do annually through our Development Effectiveness Overview.
A Sustainable Opportunity for Paraguay
Paraguay has a unique opportunity to position itself in the global market and seek its first thematic bond. With the upcoming UN Climate Change Conference, COP28, just around the corner, the time has come to make this a reality.*
