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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.
Infrastructure 360º Awards: promoting best practices in sustainable infrastructure
* By Ana María Vidaurre-Roche A sustainable approach to project design has allowed a metro line in Peru to reduce greenhouse gas emissions up to 80% above what regulations require. The line connects 11 districts across Lima and improves access and mobility, increasing the city’s productivity level by reducing commuting times by almost four times. The project has created meaningful actions that go beyond its immediate business: engaging community groups in cultural and reforestation programs to enhance public space, and helping address other visible problems such as social insecurity, youth unemployment, traffic chaos, and pollution. In the Dominican Republic, a wind farm project driven by a sustainable strategy provided an agrarian, low-income region with power and brought added value to the communities through educational and social programs, rehabilitation of community assets, and support of local businesses.
What good is capital without customers? Financial inclusion is necessary for healthy societies
*By: Tomas Miller The financial inclusion strategies that several countries in Latin America and the Caribbean are adopting and incorporating into their national development policies aim at increasing access to and use of financial services for segments of the population that have been excluded or underserved by financial systems. These policies assume that achieving a higher level of financial inclusion is a necessary condition for increasing the social inclusion of these excluded people. What good is having a solvent and liquid financial system if it serves only businesses and powerful families? What good is capital without customers?
How To Export In 7 Steps
*By: Antonello Bove Many a business reaches the point where it outgrows its market. The company has a solid, sought-after product, but finds that it will not be able to sell much more in its current market, be it because it already supplies the whole market or because stiff competition means it has to look elsewhere to continue growing.
From toll roads to ‘smart’ mobility projects: the evolution of PPPs
* By:David Bloomgarden Public-private partnerships (PPPs) to build and maintain infrastructure are no longer just for big economies in traditional sectors, involving projects such as toll roads and ports. Small economies and regional and local government are realizing the potential of engaging the private sector in infrastructure projects.
The one thousand and one questions on business ethics
What is an ethical business? Bernardo Toro, an advisor to the Avina Foundation, said it clearly and with humor during the opening ceremony of the Latin America Impact Investing Forum (FLII) which took place in Mérida, México at the end of February: “It is a business that doesn’t prey on people; one that creates real value; one that pays attention to what’s important, not what’s showy.” Simple and to the point.
Countdown to the Top Five Most Read Sustainable Business Posts of 2014
2014 was an eventful year for sustainable business across Latin America and the Caribbean. The IDB Group’s Sustainable Business blog tried to cover the private sector’s most relevant and impactful work in sustainability. We encourage you to re-read our top five posts and continue to follow the blog and Twitter. And stay updated by subscribing to our newsletter!