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?
A Six-Step Roadmap to Enhance Private Sector Resilience to Health Risks
An IDB Invest poll shows nearly 60% of projects have temporarily ceased work or faced major project delays because of COVID-19. Early lessons coupled with existing best practices in public health and safety principles provide a six-step action road map to build resilience against such risks.
Amid the Pandemic, Governments and Multilateral Development Banks Must Continue Supporting Financial Institutions
Governments and multilateral development banks in Latin America & the Caribbean are playing a critical role in supporting financial institutions amid the pandemic, but must be ready to up the ante as the ultimate effects of the lockdown measures become evident in the financial sector, especially key microfinance institutions
Five Ways Impact Management Can Jump-Start Latin America & the Caribbean's Recovery
“Build back better” or “build forward better” — no matter how you phrase it, turning mounting investor interest in sustainable and impact investing into action is a must for any COVID-19 recovery scenario. Impact management is another key to making sure this push to action is done both effectively and with integrity.
Financial Institutions Are Withstanding the Crisis, but Uncertainty About the Future Persists
Financial systems in Latin America & the Caribbean are performing well in times of COVID-19, and are better prepared for the crisis than ever; however, this doesn't mean that they are immune, and a protracted downturn may test their resilience
Financial Inclusion, Key to Latin America & the Caribbean's Recovery
Financial inclusion is playing a fundamental role in Latin America & the Caribbean's economic response and will be essential for its economic recovery: such is one of the main conclusions of the Global Microscope 2020 report.
No Data, No Technology: Removing Obstacles from MSMEs' Path to Growth
The growing effort of multinational companies to improve the resilience of their supply chains in the current context has large corporations seeking to outsource from places closer to home, a phenomenon known as “nearshoring.” Before this becomes commonplace, there are obstacles that must be overcome.
