The dry wind and unrelenting sun left one uncomfortably exposed. The wafer thin air challenged every breath and made each step feel like my legs were encased in lead. Yet the journey into this Martian landscape disturbed by volcanoes in Chile’s Atacama Desert was well-worth it. South America’s first, and the highest of its kind at 4500 meters above sea level, the Cerro … [Read more...] about Pioneering climate fund shows us what real transformations can look like
The case was promising right from the start. In 2016, the project came knocking at IDB Invest’s door: a Chilean company in the field of telecommunications and information technology offered a solution to provide sustainable public lighting working inclusively. Could it also be profitable? … [Read more...] about Chile: Sustainably lighting up people’s lives
As the impact investing industry continues to grow – doubling from US$114 billion in assets under management in 2016 to US$228 billion in 2017, so have efforts to standardize how impact investments are measured and managed. … [Read more...] about Impact management in action: takeaways for the private sector
Over two years ago citizens of the United Kingdom voted to leave the European Union, a decision which has been playing out on the global stage ever since . While the Brexit referendum unleashed a wave of uncertainty that seems to be growing as negotiations continue, other public votes such as the referendum to expand the Panama Canal, have had the opposite effect. … [Read more...] about Unleashing certainty: The catalytic effects of the Panama Canal expansion
To meet the ambitious targets laid out by the Sustainable Development Goals (SDGs), it is necessary to accelerate collective action, coordination, and resource mobilization across the public and private sectors. Public sector resources alone are not sufficient to bring development finance from the “billions to trillions” required to achieve the SDGs. … [Read more...] about Why is additionality key for private sector development finance?