Thank you, Manaus!
This document not only summarizes the discussions and conclusions of our Sustainability Week, the main event on the subject with a focus on impact but also reflects our unwavering commitment to the preservation of the Amazon and the sustainable development of its communities.
Virtual Day Trainings
Impact Talks
The most consequential sustainability event for the private sector in Latin America and the Caribbean
A regional event that happens in the heart of the Amazonia
Manaus, Brazil. June 11-13
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Share best practices and be up to date with the most relevant trends in sustainability
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Identify tangible business opportunities to achieve transformative, long-term outperformance
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Build strategic partnerships and meet investors seeking developmental projects in Latin America and the Caribbean
Main Topics
IMPACT INVESTING
AMAZONIA
INCLUSION
BIOECONOMY
CLIMATE CHANGE
Agenda
(Manaus local time)
Originate to Share: Connecting Developmental Needs of LAC with Global Investment Opportunities
Plenary Room | Açai
How can we structure assets and connect the developmental needs of Latam with the funds available in the financial markets. A look into the dynamic intersection of finance and sustainability, strategies to develop investment solutions, such as mobilization and blended finance, and how they can effectively allocate capital to projects that prioritize sustainability.
Sustainable Food Systems: Building Long-Term Resilience and Ensuring Food Security in LAC
Plenary Room | Açai
The session explores strategies and solutions for promoting resilient food systems in Latin America and Caribbean (LAC) region. We will delve into the challenges faced by LAC in achieving long-term food security, including the role of the private sector, and discuss practical approaches to building resilience in the face of climate change. The session will uncover opportunities to enhance LAC’s food system towards a more secure and resilient food future.
Clean Energy Transition: How to Effectively Manage the Challenges and Opportunities of Decarbonizing the Energy Matrix in LAC Countries.
Plenary Room | Açai
How can LAC play a key role in fostering clean energy initiatives, while addressing environmental, social and economic concerns for a more sustainable, prosperous and inclusive future? From theory to practice: The Case of Ecuador
Including Stakeholders in Decision-Making and Benefit Sharing for Scaling Impact
Plenary Room | Açai
Amplifying the participation of underrepresented communities, fostering collaboration and ensuring fair representation. How can organizations meaningfully engage with local communities, civil society, advocacy groups, and other stakeholders throughout the project lifecycle? How can transparency and proactive engagement with CSOs benefit businesses and minimize risk?
Enhancing Competitiveness Through Sustainable Digital Transformation
Plenary Room | Açai
Artificial Intelligence and innovative technology applications can play a central role in the achievement of ambitious sustainability goals. In this session, experts will share how businesses can leverage technology to find effective solutions to pressing sustainability challenges. Learn how artificial intelligence, machine learning and the Internet of things are positively impacting LAC business profitability across different industries.
Unlocking the Green Economy & Nature-Based Solutions: Innovative Financing Solutions for Biodiversity Conservation and Forest Regeneration.
Plenary Room | Açai
The Panel will focus on innovative financing solutions for forestry, biodiversity conservation and forest regeneration. The session will explore the intersection of finance and nature-based solutions, highlighting the importance of innovative and sustainable financing models for biodiversity preservation and forest regeneration. Discover how investors and corporates are increasingly recognizing the value of investing in nature and learn about successful initiatives that have leveraged innovative financing mechanisms to support climate efforts and how investment opportunities can be unlocked in the future in LAC.
Enhancing Business Models Through Circularity
Parallel Room 2 | Cupuaçu
From strategy to action: integrating circularity into business models to achieve greater impact and business growth.
Sustainable Supply Chains and the Challenge of Traceability
Parallel Room 2 | Cupuaçu
What steps are companies taking in their food supply chains to ensure sustainability? What roles do consumers, DFIs, and regulators play in promoting sustainable supply chains? What are the successful cases, as well as the challenges faced in establishing effective supply chain governance and traceability as catalysts for positive change across multiple industries?
Why Agtech is Essential for Agriculture and Food Production to Evolve Towards a Sustainable Food System in LAC?
Parallel Room 2 | Cupuaçu
The pivotal role of Agtech in revolutionizing agriculture and food production towards a sustainable future. In a world grappling with climate change, population growth, and resource scarcity, the need for innovative solutions in agriculture has never been more urgent. Agtech, an amalgamation of agriculture and technology, offers a promising pathway to address these challenges head-on.
During this engaging conversation, we will delve into the significance of Agtech in fostering sustainable and innovative food systems and how Agtech enables farmers to make data-driven decisions, optimize crop yields, and mitigate risks.
The chat will unravel the transformative power of Agtech in shaping the future of agriculture and food production in LAC.
Climate Governance: Synchronizing Strategies at Corporate Level
This session reviews the transformative role of corporate governnace in the face of global environmental challenges. Climate Governance involves the incorporation of climate consideration throughout a company's decision-making and oversight structures, internal control environment, transparency and disclosure practices, and interactions with stakeholders.
From the Board of Directors, to upper management, and individual control functions, all areas within businesses have the joint challenge of proportionally addressing climate risk and opportunities within their functions. In this session, experts from the Climate Governnace initiative will shre effective climate governnace practices and climate actions to cope with these challenges and to find and seize opportunities to drive business and ensure a just transition.
The Board’s Role in a Dynamic World
Plenary Room | Açai
This session explores the strategies and practices that position Boards of Directors as catalysts for positive change and sustainable success in today's rapidly evolving business world. In an ever more complex and changing world, Boards of Directors play a pivotal role in driving forward emerging and evolving agendas within their companies, ensuring that they are well positioned to both take advantage of new opportunities while also addressing related risks.
The speakers will share their insights and experiences on how boards can navigate the complexities of today's world, from fostering a culture of innovation in the company, addressing digital and new technologies and their impacts, responding to new shareholder and stakeholder activism, and integrating sustainability in the company's strategy.
Corporate Governance: The Blueprint for Long-Term Business Resilience
Plenary Room | Açai
This session dives into how a systematic approach to risk can transform uncertainties into manageable components of your strategic plan. Transparency will be included as an essential component for risk governance and business resilience.
Risk governance encompasses the processes, structures, and mechanisms within an organization to identify, assess, monitor, manage, and mitigate risks effectively, involving elements such as risk culture, appetite, and tolerance, alongside policies, monitoring systems, and Board oversight.
Transparency plays a key role in risk governance, by allowing to produce early diagnostics, increasing stakeholder's trust, and building sustainable business strategies. It is crucial for safeguarding stakeholder interests, enhancing decision-making, protecting reputation, ensuring business continuity, and complying with regulation.
By providing a systematic approach to addressing uncertainties and threats, risk governance enables organizations to manage complexities, minimize adverse events, and sustain long-term success in an ever-evolving business landscape.
Bridging Healthcare Gaps: Innovations in Public-Private Hospital Management
Parallel Room 2 | Cupuaçu
Explore how private sector initiatives can enhance the efficiency of health expenditure in both the public and private spheres. Discover how Hospital Israelita Albert Einstein utilizes technology and resources to deliver superior health services. Learn about the evidence demonstrating how private sector involvement has effectively reduced mortality rates during the pandemic.
Driving Gender Equality and Inclusion Through Financial Products and Performance-Based Incentives
Plenary Room | Açai
Fostering the inclusion of women and diverse populations in financial markets and the workforce calls for action on various fronts. This session will explore strategies for reaching vulnerable populations and MSMEs, particularly those led by women and indigenous people, through financial products and services tailored to their needs. It will also bring in an investor’s perspective on how a combination of Performance-based Incentives—such as interest rate reductions that kick in once certain gender targets are achieved—and advisory support can encourage companies and financial institutions to hire more women or finance more women-led businesses.
Blended Finance: A Tool to Scale Up Funding for Latin America and the Caribbean
Plenary Room | Açai
Blended finance as a tool to bridge the funding gaps needed to improve social and environmental standards in the region.
Blended Mechanism to Achieve Climate Goals in Investment Funds
Parallel Room 1 | Tucumã
The use of incentives to boost an investment fund’s portfolio sustainability levels. Structuring Innovative performance-based goals via blended finance with the use of Science-Based Targets (SBTs) and Building Resilience Index (BRI) to create alignment with fund managers and investors to promote climate mitigation and adaptation.
Climate Finance: Challenges and Opportunities for Deploying Capital
Parallel Room 1 | Tucumã
This session is a deep-dive into the dynamic intersection of finance and sustainability. It will explore strategies to develop innovative investment vehicles such as sustainability-linked bonds, and how they can effectively allocate capital to projects that prioritize sustainability. The discussion will look into both the opportunities and pitfalls in deploying the trillions needed to contribute to social and economic outcomes that create a low carbon and climate-resilient economy for all.
Transition Planning and Adaptation for Financial Institutions
Parallel Room 2 | Cupuaçu
This session explores both the boundary conditions and financial institutions' strategies to transition to low carbon and resilient economies in LAC. The discussion will consider the tangible actions that Financial Institutions can take to meaningfully contribute to solving the climate crisis, while protecting themselves from its negative impacts through transition planning. Panelists will provide case studies and discuss the state of the art in designing transition plans and their application in LAC jurisdictions considering the evolving regulatory landscape.
Elevating Upstream Strategies for Greater Project Impact
Parallel Room 2 | Cupuaçu
Strategic enhancements to optimize upstream and advisory services to generate more impactful investment opportunities.
Soccer as a Powerful Tool to Promote Diversity and Inclusion in Latin America
Parallel Room 1 | Tucumã
Pathways to Enable a Just Transition in Latin America and the Caribbean: Shifting Towards Greener Economies Leaving No One Behind
Parallel Room 1 | Tucumã
Transitioning to climate-neutral economies will unveil considerable social, economic and employment-related challenges and opportunities. A just transition addresses aspects of inequality, vulnerability and opportunity - seeking to prevent and mitigate negative impacts while aiming to share the benefits of a low carbon economy with all. The panel will focus on how business and financial insitutions in LAC can integrate a just transition lens to their actions to transition to a green economy; and how companies are understanding the nexus of gender equality.
Empowering Comunnities through Technology and Investments: Black Money Case
Plenary Room | Açai
This firechat will explore the power of technology as an instrument to transform lives and foster diversity and inclusion. Nina, cofounder of Movimiento Black Money, will shed light on how to empower afro descendants through financial literacy and entrepreneurship.
Promoting Digital Economic Opportunities of Under-Represented and Vulnerable Groups
Plenary Room | Açai
The panel will explore the social digital divide in the LAC region. What is the social digital divide? How does it affect women, people of afrodescent and vulnerable populations? How can private sector can contribute to closing gaps in connectivity, usage of technologies and digital skills?
Decarbonizing Historically High-Emitting Sectors Shifting to Sustainable Practices
Parallel Room 1 | Tucumã
Hard to abate industries have an enormous challenge ahead when it comes to reducing their carbon footprint. How can policymakers, businesses and investors work together to incentivize the transition? What barriers must be overcome?
Strategies and Roadmaps to Drive Green Hydrogen Development and Competitiveness in the Region
Parallel Room 1 | Tucumã
Description of strategies and roadmaps drawn for driving the development and competitiveness of green hydrogen in LAC, current status and assessment of the Region's potential on green hydrogen production; how to attract further investment and mobilize funds? IDB Group as a key driver of the sector and facilitator of regional partnerships.
Pathways to Design Sustainable Tourism
Parallel Room 1 | Tucumã
Explore consumer trends and innovation within the hospitality sector that generate highly developmental projects that aim aiming to magnify social and environmental impact.
From Local to Global: Scaling Impact | Moderated by IDB President, Ilan Goldfajn
Plenary Room | Açai
Impact Management as a Conduit for Scaling Capital Mobilization and Impact
Plenary Room | Açai
Mobilizing more private capital towards impact investments in Latin America and the Caribbean calls for having clear frameworks in place to measure, manage, and report on impact. Without the ability to identify high-impact investment opportunities and demonstrate positive social, environmental, and economic impact, the funds won’t follow. This panel brings together impact investing industry leaders to discuss why mainstreaming impact management across the business and financial sectors is essential for scaling impact in the region.
Structuring Innovative Financial ESG Products in the Debt Capital Markets
Plenary Room | Açai
A look into the dynamic intersection of finance and sustainability, strategies to develop innovative investment vehicles such as sustainability-linked bonds, and how they can effectively allocate capital to projects that prioritize sustainability. And how can financial institutions enhance their resilience while contributing to social and environmental outcomes.
Collaborative Paths: Multilateral Banks Uniting for Regional Sustainability
Plenary Room | Açai
Explore with us a panel discussion featuring distinguished representatives from DFC, IFC, and BNDES as we delve into the vital theme of collaboration among multilateral banks for sustainable development in our region. Through dynamic conversations and strategic insights, we'll tackle pressing challenges, innovative strategies, and collective actions aimed at fostering equitable and resilient progress. Discover with thought leaders the collaborative pathways toward a more sustainable future.
United by Purpose: Sustainable Investing in Today’s Markets
Plenary Room | Açai
This panel brings together key stakeholders in sustainable impact investing across LAC to explore new regulations, reporting and strategy. Discover best practices for incorporating sustainability into corporate governance and strategy from Financial, Governance and
Advisory Leaders.
Sustainable Banking and Data: How Banks are Leveraging Data to Catalyze Impact and Promote Inclusion
Parallel Room 1 | Tucumã
What is data solving for in today’s banking? Mitigating Risks, Rise of climate conscience stakeholders, evolving regulatory mandates, and competitive differentiators. The importance of data to promote access to financial services? Use cases, results, impacts. ESG Data – holy grail for Banks: measuring and monitoring sustainability performances, Risk Management, Product Development, Collaboration and partnership.
Building Climate Resilience Within the Financial Services Sector of the Caribbean
Parallel Room 1 | Tucumã
Despite the complexities and challenges, how Fis in the Caribbean are creating opportunities to advance on climate resiliency.
Sustainable PPPs: From Preparation to Financing
Parallel Room 1 | Tucumã
Adequate consideration of climatic, environmental and social impacts is essential for the development of sustainable infrastructure. Beyond the adequate design of the infrastructure, the adequate management of these risks is a key element to allow financing and ensure the financial sustainability of the projects and are today an element of competitiveness for the mobilization of capital to finance infrastructure. Therefore, it is essential that all these aspects are adequately considered from the beginning in the structuring processes of PPP projects.
Innovative Cross-Sectoral Solutions to Build Sustainable Cities: Economic and Social Inclusion, and Climate-Resilient Infrastructure
Plenary Room | Açai
The interconnected challenges of building resilient and inclusive cities.
Solutions to Accelerate and Expand Access to Water and Sanitation
Plenary Room | Açai
The role of collaborative efforts between the public and private sectors in driving investments that accelerate access to clean water and sanitation services. Innovative financing models, regulatory frameworks and technological solutions that can foster effective partnerships.
Energy-Efficient Transportation
Plenary Room | Açai
Transportation is the second largest emitter of greenhouse gases, representing 25% of global emissions. In Latin America and the Caribbean, Transportation is the largest source of CO2 emissions, representing 40% of total emissions. Moving towards more sustainable and resilient transportation is a challenge and an opportunity for Latin America and the Caribbean and is an essential step to achieve the emissions reduction objectives to achieve the objectives of the Paris Agreement.
Climate Opportunity and Risk Management for Financial Institutions
In this deep-dive, will explore the opportunities and risks that climate change poses for financial institutions in Latin America and the Caribbean. We will delve into the following issues:
• What is the impact of climate change on financial institutions and the financial sector at large? Why is it both a risk and an opportunity?
• How can financial institutions get started in assessing climate risks and unlocking opportunities?
• What are examples of climate risk management practices and what is the role of standards like those of the ISSB?
• What does climate risk mean for financial institutions’ portfolios?
Good Practice Note: Wastewater Management for the Agribusiness Sector
The agribusiness industry plays a crucial role in the global economy by supplying food, beverages, and essential products to meet the needs of the world's population. With the growing demand for agricultural products, ensuring food security and addressing environmental impact have become paramount. One significant environmental challenge facing the agribusiness sector is the improper management of wastewater from its operations.
Managing Gender-based Violence and Harassment Grievances
Gender-based violence, discrimination and harassment are linked to local and structural contexts.
According to the WHO, the prevalence of sexual violence is higher in the Americas than in the rest of the world. ECLAC states that almost half of the region's female workers have faced sexual harassment in the workplace. In this context, mechanisms to deal with complaints must be adequately prepared and qualified.
In collaboration with Veredas, IDB Invest has developed a Guidance Note on how to manage gender-based violence and harassment grievances.
The training offered will address essential topics for companies and institutions to respond to these challenges, such as: concepts, classification, and definitions of conduct, receiving complaints, reception, investigation, conclusive reports, among other topics.
Cumulative Impact Analysis
This virtual course will give auick overview of how to perform cumulative impact analyses from a project's prespective.
Governance for Family-Owned Companies: The Bemol Case
Training by IBGC on Corporate Governance for family-owned companies, with the participation of two members of the Bemol Family: the Chairman of the Board and the CEO.
Compliance Programs for SMEs
If "one size does not fit all" how can SMEs design and implement robust anti-corruption compliance programs compatible with their business risks and resources. Leverage tools to carry out a risk-assessment and apply practical guidance to implement an anti-bribery and corruption compliance program.
Economic Independence for Young Leaders
A session for young people under 30 years old, particularly those involved in family businesses. In this one-hour event, we will explore how financial decisions and personal aspirations can converge to achieve economic independence and personal fulfillment through financial education.
Human Rights for Business
Training session focused on the main concepts and frameworks of the Business and Human Rights (BHR) agenda. They will discuss the practical application of BHR lessons across various industries in the context of Latin America and the Caribbean. We aim to equip corporations with cutting-edge knowledge on this field as well as instruct them on how to utilize effective tools to embed the agenda in their reality, considering their challenges and opportunities. We expect to strengthen the BHR agenda throughout LatAm and the Caribbean region and set the conditions for successful future results.
Good Practice Note: Labor Management in the Sugarcane Supply Chain
During this session, IDB Invest, in partnership with Peterson Global, will present the Good Practice Note (GPN) developed to guide users in addressing risks related to labor relations throughout the production chain of the sugarcane sector. This includes sugarcane producers, third-party service providers, and sugar and ethanol mills, encompassing all stages of production.
The GPN focuses primarily on social issues related to human rights, including child labor, forced labor, labor relations, discrimination, as well as the health and safety of workers. The document covers risk management methodologies, references to best practices, and tools for performance control and monitoring.
We aim for this document to serve as a guide to support companies and society in establishing dignified, responsible, and constructive labor relations in the sugarcane production chain across Latin America and the Caribbean.
How can Financial Institutions Measure and Report on their Impact?
Stemming from IDB Invest’s ongoing impact monitoring work with financial institutions, this session aims to help FIs strengthen their impact measurement and management capacities through optimizing data collection and analysis processes, including compiling sex-disaggregated data for their MSME portfolios. Doing so can help FIs better understand their client base, inform future strategies, attract investors, and better serve targeted segments such as women-led MSMEs.
Integrity Risks: What is the Role of the Board of Directors?
The crucial risk oversight role of Boards places them in a unique position to prevent and navigate complex integrity challenges effectively. How can Boards steer organizations through tumultuous times into an opportunity for renewal and improvement.
Reporting the Impact of Green Bonds and Social Bonds
Share, from the perspective of IDB Invest, the best practices for reporting the allocation of sustainable bonds to eligible projects and reporting the impact created.
Speakers