Nelson Chacón is a consultant in the Development Effectiveness Division (DVF) of IDB Invest. His work is related to economic analysis, data science, monitoring and impact evaluation for development. Before joining the IDB Group in 2014, he worked as a macroeconomic analyst at the Central Bank of Bolivia and was also a consultant on development bank projects in Latin America and Africa. Nelson is a Bolivian economist and holds a Master's degree in Economic Policy from the University of Lausanne.
Most of the world’s commerce depends on trade finance. However, the global trade finance gap surged to an estimated $2.5 trillion in 2022, widened by the pandemic and ongoing economic and geopolitical uncertainty. Narrowing this gap can have a positive impact on two pressing challenges facing the region: limited access to finance for SMEs and mounting food insecurity.
Access to clean water and sanitation clearly has a positive impact on people’s health. It is still important to measure the magnitude of these benefits to truly understand this impact and help guide private sector investments to where they are needed most, as shown in our new study focused on Brazil.
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