Adaptation, Financial Inclusion, Gender, Sustainability, and the Digital Gap: A Recap of 2023
The year concludes with significant challenges, demanding flexible and creative solutions. Fortunately, the private sector is increasingly showing interest in issues aimed at promoting a fairer and more sustainable world. Here's a snapshot of the topics that garnered the most attention in IDB Invest’s corporate blog, Negocios Sostenibles, over the past twelve months.
Using Digital Payments to Push Financial Inclusion
Access to digital transactions leads to the financial inclusion of the unbanked, underbanked and vulnerable populations, while boosting the resilience and growth of micro, small and medium-sized businesses.
Boosting Financial Inclusion for the Most Vulnerable Through Social Bonds
Thematic bonds—and transparently measuring and reporting their impact—are a powerful tool for mobilizing resources and deepening financial inclusion for microenterprises within the most vulnerable groups of society who have yet to be served by the financial sector.
Financial Inclusion with a Sustainable Focus
Success stories of sustainable banking services pave the way for possible competitors and new players in the financial sector. There are few bigger success stories than Banco Familiar’s in Paraguay.
The Silver Economy: from Inclusive Responsibility to Thriving Business
Through the "silver economy", senior citizens are a source of business for the private sector. Financial inclusion of this growing population segment will create opportunities throughout the region.
The Digitization of Financial Cooperatives, a Must for Inclusion
The digitization of financial cooperatives, a fundamental component of the financial sector in the region, is accelerating. There are numerous examples of progress, from Ecuador to Jamaica, that provide grounds for optimism.