National development banks (NDBs) have historically promoted growth and development worldwide by supporting public policies and accelerating their targets. Nevertheless, there has been an important renaissance of NDBs in the last decade for two main reasons. Firstly, the 2007/09 major financial crises, and even more the COVID-19-caused crisis, led NDBs to significantly increase … [Read more...] about The future of national development banks and the green recovery
Maria E. Netto de A. C. Schneider
Maria serves as Financial Markets Principal and Climate Change Specialist at the IDB. She is responsible for supporting public development banks in Latin America and the Caribbean in creating “green” financing strategies. She worked at the United Nations Development Program (UNDP) supervising a worldwide support program for measuring investment flows and financing and for more than 10 years at the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC), where she was responsible for climate finance, and formed part of the team that established the institutional framework for implementing the carbon market mechanism set out in the Kyoto Protocol. She has a master’s degree from the Swiss Institute of International Studies in Switzerland.
A model to helps SMEs worldwide invest in energy efficiency and sustainability
Increasing energy efficiency is an essential element of the low-carbon economy and is crucial for achieving global greenhouse gas (GHG) emissions reductions required by the Paris Agreement. In addition to being a highly effective way to reduce such emissions, energy efficiency reduces operational costs for companies and, as a “green investment”, can spark sustainable economic … [Read more...] about A model to helps SMEs worldwide invest in energy efficiency and sustainability
A call for an integrated framework for the bioeconomy in Latin America and The Caribbean region
Bioeconomy is any economic activity based on the use of natural renewable biological resources, from both land and ocean, to obtain food, materials, and energy in a sustainable way without compromising their availability for future generations. Specifically, bioeconomy comprises those economic activities related to the invention, development, production, and use of biological … [Read more...] about A call for an integrated framework for the bioeconomy in Latin America and The Caribbean region
“Power is gained by sharing knowledge, not hoarding it”: Insights from the IDB-China Exchange Program on Green Finance
The global green bond market hit USD 160 bn in 2017 and is estimated to reach 250 bn this year, with China becoming the world’s second-largest issuer (behind only the US) in less than three years since the first bond was issued in 2015. This is clear evidence of how the green economy is growing in a country that at the moment is also creating growth opportunities for its … [Read more...] about “Power is gained by sharing knowledge, not hoarding it”: Insights from the IDB-China Exchange Program on Green Finance