IDB Invest's new guide for infrastructure projects has proven its usefulness in Colombia and can help decision-making during the pandemic. The guide helps to assess and prevent risks at a time when the region needs such projects more than ever. Let's put ourselves in Edison Candela's shoes. Edison needed a plan to protect workers and communities from COVID-19 along a … [Read more...] about How to Implement Infrastructure Projects in the COVID-19 Era
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Innovation during COVID-19: If You Want Something New, Stop Doing Something Old
In discussions about innovation, the focus should be on creating better processes and technologies that allow for increased productivity and value creation. There's no need to reinvent the wheel or the iPhone, but simply to make use of creativity in the region to fast-forward its exit from the crisis. The world is anxiously looking at the scientists working around the clock … [Read more...] about Innovation during COVID-19: If You Want Something New, Stop Doing Something Old
The COVID-19 Crisis: An Opportunity for the Financial Sector
Unlike the 2007–2009 crisis, when the global banking system was one of the factors that caused the economic downturn, in this crisis banks are set to be part of the solution. That is the role they must play. How can they do this? Evidence of the profound impact of the COVID-19 crisis can already be seen across the region. Both large businesses and SMEs in Latin America and … [Read more...] about The COVID-19 Crisis: An Opportunity for the Financial Sector
ESG: Due Diligence in the Age of Social Distancing
ESG due diligence must contend with a slew of challenges. However, inadequately fast-tracking of it runs the risk of short-changing clients from much needed value added and risks negative impacts to stakeholders and the environment. … [Read more...] about ESG: Due Diligence in the Age of Social Distancing
Three Ways to Support the Resilience of MSMEs to Overcome COVID-19
For MSMEs, the response to COVID-19 requires not only ensuring their survival in the short term, it also requires evaluating possible scenarios to align recovery efforts. For this, it is essential to strengthen their resilience. … [Read more...] about Three Ways to Support the Resilience of MSMEs to Overcome COVID-19