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Korea Immersion Program 2025 Digital Transformation & Sustainable Agribusiness in Latin American and the Caribbean
Korea's Cutting-Edge Innovations to Transform Agribusiness in Latin America and the Caribbean

Discover how IDB Invest connects regional agribusinesses with leading innovators in Korea to accelerate smart agriculture, agritech, and sustainable growth.

Trabajadoras rurales en el campo
Combating Multidimensional Poverty from the Private Sector Requires Much More Than Jobs

For Danper, a leading Peruvian company in the global agri-food sector, understanding the living conditions of its workers and their families is fundamental to strengthening actions to improve their quality of life.

A farm worker.
Digital transformation and agribusiness: trends and opportunities in Latin America and the Caribbean

Agribusiness in Latin America and the Caribbean is crucial in strengthening the regional economy. Characterized by its vast expanse of arable land, abundant natural resources and unique biodiversity, the agricultural sector contributed significantly to the region's Gross Domestic Product (GDP) in 2021, representing 6.9% of the economy.

Un apicultir pesando un panal.
Equipment, Training and Queens: Helping Beekeepers in Mexico  Boost Climate Resilience 

How can we help small beekeepers in Latin America and the Caribbean strengthen productivity and climate resilience? According to a recent IDB Invest evaluation of a pilot program in Mexico, by providing them with a combination of basic inputs and training. But most importantly, queen bees. Through this approach, producers managed to increase honey production, yields, and the number of hives in their colonies and adopted best practices in hive management, boosting resilience to future climate events.

Image showing an agrophotovoltaic crop
Agrophotovoltaics: A Double Opportunity for Latin America and the Caribbean

Agrophotovoltaic production combines crop growing and/or animal husbandry practices underneath ground-mounted solar panels. By generating renewable energy, conserving water and making an efficient use of resources, it can open the way for a low-carbon, climate change-resilient future.

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How’s the Digital Transformation of Agribusiness Going in the Region?

Agribusiness presents a great opportunity to increase value creation in a sector that is two to three times more effective at reducing poverty than any other, including manufacturing and services.