Banking agents, or small shops contracted by banks to process client transactions, are laying the foundation for the digital transformation of the financial sector. They have also become a safer channel for clients to get cash during the pandemic. Paul Volcker, the former chairman of the U.S. Federal Reserve, once berated the finance industry for leading the world into … [Read more...] about Banking Agents, On the Frontlines of Financial Inclusion
Banking Agents, On the Frontlines of Financial Inclusion
Three Ways In Which the Tourism Industry Can Help Build Climate Resilience in the Caribbean
As the Caribbean emerges from the pandemic, tourism stakeholders can embrace initiatives to increase climate change resilience through a focus on the environment, local communities, and value chains. After several months of being at a virtual standstill due to the pandemic —longer than was initially predicted — Caribbean tourism desperately needs to get back to … [Read more...] about Three Ways In Which the Tourism Industry Can Help Build Climate Resilience in the Caribbean
Amid the Pandemic, Some Keys to the Agriculture Sector in Latin America and the Caribbean
COVID-19 poses a threat to agricultural production in the largest net food exporting region in the world — Latin America and the Caribbean. Protecting workers’ health, economic activity, and employment requires a careful risk assessment. Wilmer Pérez received a clear message on that morning in late February 2020. He was asked to attend an urgent meeting at the head office … [Read more...] about Amid the Pandemic, Some Keys to the Agriculture Sector in Latin America and the Caribbean
Addressing Climate Risk: Five Steps to Get Started
The pandemic has given us all a crash course in dealing with crises, becoming a sneak peak into what a man-made global disaster that disproportionately impacts the poor and vulnerable can cause. Climate change can be very similar, and knowing how to navigate and gauge its risks even harder. With COVID-19 coming at a time when some were already eschewing the term “climate … [Read more...] about Addressing Climate Risk: Five Steps to Get Started
How to Turn the Pandemic into an Opportunity for the Silver Economy
COVID-19 has stressed the need to accelerate financial inclusion through the digitization of the silver economy, that which includes older adults. This is a population segment that is increasingly tech-savvy and highly involved in business and investment. The lockdown and social distancing measures required by the COVID-19 crisis present an opportunity to accelerate the … [Read more...] about How to Turn the Pandemic into an Opportunity for the Silver Economy