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
I landed on Monday, September 3rd, 2018, at the Port-au-Prince international airport in Haiti, completing a milestone that had begun on June 16th, 2004, in my native Costa Rica: visiting each of the 26 borrowing member countries of the IDB Group, promoting the development of Latin America and the Caribbean. … [Read more...] about Five considerations for understanding the importance of the manufacturing sector
Climate change has transformed economic models and opportunities around the globe, and Latin America and the Caribbean are not immune to this new reality. At IDB Invest, when we talk to our clients in the region about generating green jobs and applying a gender perspective in their projects, we usually find very good reception and positive responses. … [Read more...] about How to create green jobs with a gender perspective?
The base of the pyramid as we knew it ten years ago has changed tremendously. Latin America and the Caribbean’s economic growth between 2000 and 2010 benefited many in the region, from top to bottom. Millions of people emerged from poverty, and the segment of those living on $4-10 a day grew considerably. More than 400 million people in Latin America live at the base of the … [Read more...] about What happens when low-income people’s disposable income increases?
Most business models are formulated by the top of the pyramid. Many business leaders and academics write on the must haves of a successful base of the pyramid (BOP) business model. Still quite a few of those business endeavors fail. While reasons for failure vary, experience shows that the ability to observe, listen and understand the BOP’s social codes and priorities is key … [Read more...] about Counterintuitive ideas are the right answer for sustainable enterprises