Today experts from Latin America and the Caribbean gathered at the Foromic Conference in Guayaquil, Ecuador, to reflect on the evolution of impact investing. A recent JP Morgan and Global Impact Investing Network survey estimates there is at least $46 billion in impact investing assets under management globally, a figure expected to grow ten-fold in the next five years, … [Read more...] about The evolution of impact investing: 6 signs of progress
Editor’s Note: As of October 20th 2014, the Agricultural Supply Chain Adaptation Facility, along with 3 other financial instruments, has been selected at the Second Lab Advisor’s Meeting to move forward to Phase 3. During this phase, the Lab will refine the 4 most promising instruments with further analysis and stress testing, so they can be ready for pilot. … [Read more...] about A Laboratory for Climate Finance
Local banks are a core component of the market architecture in Latin America and the Caribbean with the potential to catalyze innovation and growth. As I return from the Americas Competitiveness Forum in Trinidad & Tobago, my third visit to the country this year, I am reminded how dynamic and innovative its business environment is and how multilaterals can better engage … [Read more...] about Three ways multilaterals support local banks and drive innovation in the Caribbean
* By Greg Da Re Technology, particularly the Internet, allows SMEs to share experiences, connect to different networks and operate in a world without the limitation of geographical barriers. Social networks are increasingly important for companies to position their brands. Social media in Latin America will near 300 million users by 2017. Technology can allow SMEs to … [Read more...] about Four ways technology and data facilitate SME finance in Latin America & the Caribbean
Impact investing in Latin America and the Caribbean was highlighted at the the IDB’s annual meeting in Bahía, Brazil. One of the first sessions of the day began with the story of a loan officer evaluating the credit profile of “Helena” – an intelligent, ambitious student seeking a university loan and representing many others like her in the region. Thanks to a bank loan, … [Read more...] about Impact Investing: Does intent matter?