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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?
Honduras, Where Low-Emission Manufacturing is Made Possible
Manufacturing is one of the main money-making, job-creating sectors in Central America. The current prices of renewable energy and the adoption of efficient practices are starting to cut the path towards carbon-low manufacturing, a competitive edge that could lead to export markets.
Using Digital Payments to Push Financial Inclusion
Access to digital transactions leads to the financial inclusion of the unbanked, underbanked and vulnerable populations, while boosting the resilience and growth of micro, small and medium-sized businesses.
Boosting Financial Inclusion for the Most Vulnerable Through Social Bonds
Thematic bonds—and transparently measuring and reporting their impact—are a powerful tool for mobilizing resources and deepening financial inclusion for microenterprises within the most vulnerable groups of society who have yet to be served by the financial sector.
Boosting Sustainable Tourism to Promote Land Conservation
Sustainable tourism helps to finance land conservation efforts while preserving natural ecosystems. A recent initiative in Chile’s Torres del Paine national park is a great example of this.
Adaptation, the Climate Opportunity for the Private Sector
Investing in preventative adaptation solutions can be more effective and less costly for the private sector than a late response. The opportunities available to adapt to climate change remain largely unmet.
Three Ways to Protect the Sustainability-Linked Bond Market
The risks involved in sustainability-liked bonds often focus on insufficiently robust and ambitious targets and KPIs, improperly crafted incentives and structural loopholes. All these can be alleviated with better monitoring of issuers.