Five ways the IDB is scaling up green private sector investment
Recently several colleagues and I traveled to Copenhagen, Denmark, to participate in the Global Green Growth Forum (3GF) Annual Summit along with 450 other leaders from government, private sector and civil society. I had the opportunity to address three panels and used the forums to discuss ways the IDB’s private sector is tackling the climate crisis.
The private sector and trade: ensuring hardware and software compatibility
Like a computer, hardware and software must be compatible. The absence of one or the lack of coordination among the two can leave the whole system inoperable. When it comes to trade, Latin America and the Caribbean (LAC) is making gains in “software” in the form of free trade agreements (FTAs), trade finance and customs modernization, yet more is needed to bolster integration “hardware” – infrastructure and logistics, such as roads, rails, ports, airports and broadband connections.
Measuring results and unlocking value
The more meetings and events I attend, the more results measurement is part of the conversation. What are the goals and targets? How are you going to measure results? Are those results the most meaningful?