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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?
In Confusing Times, Clarifying ESG principles is Key for the Region’s Banking Sector
Recent global political and financial tensions highlight the importance of environmental, social, and governance (ESG) factors for the region’s banking sector. A study provides key conclusions on the early adoption of these factors in the Southern Cone.
The Other Half of Equality
The path that will lead our societies to prosperity can only be based on sustainability and inclusion. To achieve this, all of us should play a part. We men must remember that we are the other half of equality.
Latin America, World Leader in Gender Bonds
Latin America has become the leading region in gender bond issuance, totaling 14 transactions and 12 issuers. Gender bonds are a great financial alternative to empower women from an economic, business and social standpoint.
Digitalization & Sustainability Come to the Clothing Industry’s Rescue
Spendthrift consumerism comes with massive environmental costs, and the “fast fashion” model in the clothing industry is highly wasteful and damaging to the planet. New digital business models focused on re-use and re-sale are changing the shape of the industry for the better in the region and elsewhere.
Uncovering the Hidden Cost of Gender Biases in Lending to Women
Unconscious or not, gender biases leave millions of women on the sidelines of financial inclusion, and millions of dollars in foregone profits for banks on the table. Reducing gender bias in lending is key as the pandemic recedes, so that women-led businesses help to propel the recovery.
Nudging People to Save Water through the Private Sector
World Water Day offers a chance to reflect on a vital resource that many of us take for granted: water. While changing people’s water consumption habits is not easy, strategies designed with human behavior in mind can help