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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 to Measure Job Creation in Development Projects
Development finance institutions need to know how many jobs their investments support and create, yet obtaining reliable data is a challenge. To address this, IDB Invest is piloting a new framework to measure the contribution of development project portfolios to employment in Latin America and the Caribbean.
Aristotle’s Wisdom and Synergies at IDB Group
The philosophical maxim about the whole and the parts is the perfect metaphor for illustrating how we work together to multiply the impact of our institutional efforts to build a better world.
Are Financial Institutions Ready to Face Climate Risks? This Is What We Found Out
An IDB Invest survey shows they require guidance and a solid legal framework to navigate a complex landscape. Experts recommend focusing on three pillars: governance and culture, implementation and engagement, and transition planning.
Artificial Intelligence for Timely Diagnosis of Tropical Diseases
Climate change accelerates the transmission of infections. Technology can help win this race against time, save costs, and save lives, especially in Amazonia and other vulnerable areas.
Finding a Common Language for Financing the Circular Economy in Peru
Achieving a just transition to the circular economy involves a shift into a new model that leaves no one behind. Although the road ahead is teeming with obstacles, the experience in Peru has jump-started a knowledge-creation process, easing the transition and establishing the first steps.
Tailored Strategies to Provide Water and Sanitation to Brazil's 'Favelas'
When a new law allowed private capital to enter the sector, water and sanitation companies established programs that enabled them to work efficiently in vulnerable communities.
How to Design Corporate Practices to Protect Human Rights
Two prominent leaders stress the importance of relying on international instruments, working with local communities, and incorporating their input into the design of corporate policies.