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Latin America and the Caribbean at the forefront of energy and technological progress
The region is rich in essential minerals and has the potential to develop its value chains. Countries must overcome several challenges to take advantage of these resources and their benefits. This requires transparency, governance, and attracting private investment.
We Helped a Solar Plant Hire More Women. Will the Industry Follow Suit?
The Lucayas Solar Power Project in the Bahamas marked a milestone by pioneering the integration of women in the construction of solar photovoltaic plants. What we learned in the process can help other companies’ commitment to gender equity.
Overcoming Three Challenges to Unlock the Potential of Green Hydrogen
Several countries in Latin America and the Caribbean have an adequate renewable energy generation capacity, abundant water resources and other favorable conditions to diversify the power generation matrices and decarbonize energy-intensive industrial segments. Breaking down legal, regulatory, financial, technical and market barriers can help them lead the charge on clean energy initiatives.
Brazil: Infrastructure Challenges and Opportunities
Within weeks of the Brazil Investment Forum, the development of the economy of South America’s colossus presents numerous challenges and opportunities. A major one is how to continue providing incentives for private sector investment in infrastructure to bridge the country’s funding gap. Synergies among development entities open up new and interesting opportunities for this market.
What is the private sector’s role in the path to development? The case of Paraguay
The productive sector of Latin America and Caribbean countries faces constant challenges. In the case of Paraguay, notable challenges include difficulty accessing financing and the lack of infrastructure to boost development. However, during the last decade this country has gradually positioned itself in international trade thanks to the development of its agri-food industry, among other factors. Thus, in research developed by the Inter-American Development Bank Group, we have detected five areas in which the private sector can support the development of Paraguay:
Why is mobile broadband quality so important for development?
Latin America and the Caribbean is a region of contrasts. Almost everyone has a cell phone, as evidenced by the exponential increase in mobile phone subscribers from 10% of the population in 2000 to over 70% in 2017. And, the region is home to some of the most advanced mobile internet and avid social media users in the world, led by Mexico, Argentina, and Brazil. Yet coverage varies across countries and millions of people still do not have access to reliable mobile broadband connections, particularly in rural areas. And, even for those with access, service quality is often poor, limiting their potential to take full advantage of the latest technologies and making it difficult to bridge the digital divide.
How can we at IDB Invest support the structuring of Public-Private Partnerships?
The lack of tax revenues to develop infrastructure in Latin America and the Caribbean has given rise to public-private partnerships (PPPs) as an option for developing strategic infrastructure projects. In this context, IDB Invest is prepared to support countries in the region.
What can the private sector in Latin America and the Caribbean learn from Korea’s economic miracle?
They say that Korea achieved in three decades what it took the Western industrialized countries more than a century to do. But, how did it do that?
Sustainability makes business sense
Far from being a burden, sustainability is a business opportunity, allowing companies to ensure their continuity and positioning and making them more efficient and profitable.