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Are Financial Institutions Ready to Face Climate Risks? This Is What We Found Out
An IDB Invest survey shows they require guidance and a solid legal framework to navigate a complex landscape. Experts recommend focusing on three pillars: governance and culture, implementation and engagement, and transition planning.
Artificial Intelligence for Timely Diagnosis of Tropical Diseases
Climate change accelerates the transmission of infections. Technology can help win this race against time, save costs, and save lives, especially in Amazonia and other vulnerable areas.
Finding a Common Language for Financing the Circular Economy in Peru
Achieving a just transition to the circular economy involves a shift into a new model that leaves no one behind. Although the road ahead is teeming with obstacles, the experience in Peru has jump-started a knowledge-creation process, easing the transition and establishing the first steps.
Using Climate Finance to Close Gender Gaps in Renewable Energy
Women face hurdles to access jobs in the high-growing renewable energy industry. More than 80% new jobs created by the decarbonization agenda will be in male-dominated sectors. Blended finance solutions are an important tool to incentivize sponsors to take proactive steps to dismantle these barriers to gender equality.
Building Sustainable Value Chains to Ensure Sustainable Growth
Covid-19 disruptions, aggravated by the ongoing environmental crisis, have put value chains in the international spotlight, drawing public and private sector’s attention to the need of stronger value chain security and a stronger focus on sustainability. ESG performance has become a central part of this discussion, as the world strives to building more secure and sustainable value chains.
Using Incentives and Nudges to Help Companies in Latin America & the Caribbean
Donor funds can be combined with equity investments to create incentives and nudges for corporate management teams, to achieve a particular outcome that is good for society or the planet, and hopefully both.
Climate Action, the Domino Effect of the UN's Key Development Goal
Sustainable Development Goal 13, Climate Action, is a cornerstone for the rest of the goals. It is the single piece that, once set in motion, makes the other dominoes fall.
Can Korea's Digital Transformation Be Applied to Latin America and the Caribbean?
Korea's digital transformation has been effective in responding to the pandemic and helping sustain economic and social development. Korea’s experiences regarding digital transformation provide insights for Latin America and the Caribbean.
Sustainability-Linked Bonds Come With Great Perks for Businesses
Sustainability-linked bonds have key perks for issuers including ensuring the walk-the-talk of sustainability and corporate strategies; use of funds for general corporate purposes; investor attraction and diversification; potential ‘greenium’, and others.