Maria Netto

The incessant pandemic and the reoccurring extreme climate events have urgently called for green
transition for all nations. Asian countries respond to the call in a swift and responsible manner. The
report aims to provide a stocktaking of current climate actions in Asia over major drivers of green
transition and provide policy recommendations accordingly. More specifically, this report reviews the
Net-Zero pledges by Asian countries (Chapter 1), the green governance structure… Exibir mais

The incessant pandemic and the reoccurring extreme climate events have urgently called for green
transition for all nations. Asian countries respond to the call in a swift and responsible manner. The
report aims to provide a stocktaking of current climate actions in Asia over major drivers of green
transition and provide policy recommendations accordingly. More specifically, this report reviews the
Net-Zero pledges by Asian countries (Chapter 1), the green governance structure within nations
(Chapter 2), and three main driving forces, including green finance (Chapter 3), green technology
(Chapter 4), and actions in the business domain (Chapter 5) Exibir menos

Innovative financing models are emerging globally to advance nature-based solutions (NBS) that can cost-effectively enhance infrastructure performance, meet Sustainable Development Goals, and mitigate the negative impacts of climate change. Despite the potential for NBS to generate attractive returns and provide significant cost-savings, these financing models remain underutilized. Consequently, NBS are not achieving their full potential and a tranche of pent up green capital is sidelined. This… Exibir mais

Innovative financing models are emerging globally to advance nature-based solutions (NBS) that can cost-effectively enhance infrastructure performance, meet Sustainable Development Goals, and mitigate the negative impacts of climate change. Despite the potential for NBS to generate attractive returns and provide significant cost-savings, these financing models remain underutilized. Consequently, NBS are not achieving their full potential and a tranche of pent up green capital is sidelined. This report highlights five proven NBS financing strategies that leverage private finance: green bonds, blended market-rate and concessional loans, land-based financing strategies, insurance policies, and endowments. This report also outlines current barriers to the successful scaling of these financing strategies in Latin America and the Caribbean and identifies the approaches and enabling conditions needed to overcome them. Exibir menos

The Publication provides an overview of the Status of Compliance and Voluntary Carbon Markets (VCM) in Latin America and Caribbean in 2021. Compliance and voluntary carbon markets can work in tandem to achieve emission reductions. Carbon pricing instruments (CPIs) are proven, cost effective tools that are increasingly a key tool for countries to deliver on their Nationally Determined Contributions (NDCs) and net-zero goals, while the continuous growth of the VCM, combined with enhanced public… Exibir mais

The Publication provides an overview of the Status of Compliance and Voluntary Carbon Markets (VCM) in Latin America and Caribbean in 2021. Compliance and voluntary carbon markets can work in tandem to achieve emission reductions. Carbon pricing instruments (CPIs) are proven, cost effective tools that are increasingly a key tool for countries to deliver on their Nationally Determined Contributions (NDCs) and net-zero goals, while the continuous growth of the VCM, combined with enhanced public scrutiny and pressure on corporates to invest in high-integrity credit supply with co-benefit creation, is accelerating foundational shifts in VCM design, oversight, governance and product innovation. And where the VCM can be an important steppingstone toward mandatory instruments – by building capacity among the private sector and helping uncover significant abatement potentials – a CPI will be needed, in concert with other policies, to drive decarbonization at scale. In the near future, jurisdictions in Latin America will continue to develop and strengthen their carbon pricing and market mechanisms to achieve their mitigation objectives and drive different socio-economic and environmental objectives. The momentum towards carbon pricing may also receive an external push, with carbon clubs and border carbon adjustment mechanisms currently under discussion in the European Union, the United States and Canada functioning as potential incentives for carbon pricing in the region. Exibir menos

This guidebook provides national development banks (NDBs) a roadmap to integrating climate risk into their lending strategies and portfolio management in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures. The journey from little action on climate to becoming climate capable allows an NDB to better understand the financial risk to itself and its clients arising from climate change, and allows it to capture new opportunities. Making climate-informed… Exibir mais

This guidebook provides national development banks (NDBs) a roadmap to integrating climate risk into their lending strategies and portfolio management in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures. The journey from little action on climate to becoming climate capable allows an NDB to better understand the financial risk to itself and its clients arising from climate change, and allows it to capture new opportunities. Making climate-informed investment and lending decisions and, in the long term, allocating capital in a manner that aligns with the global curbing of emissions is good business. This guidebook is written for those NDBs heeding the call to address the climate challenges in their countries as well as to raise awareness of the urgency to act on climate risks among those that are new to the topic. NDBs, as financial institutions, need to address the potential impacts on their existing and future portfolios and financial positions. Exibir menos

Esta monografia analisa o impacto da pandemia da COVID-19 nas micro, pequenas e médias empresas (MPMEs) brasileiras, e o papel do Sistema Nacional de Fomento (SNF) para a implementação de medidas visando ao aumento da resiliência e à recuperação do segmento. O estudo argumenta que a crise econômica decorrente da pandemia da COVID-19 atingiu as MPMEs brasileiras em situação ainda mais delicada do que usualmente se reconhece. A participação expressivamente menor do segmento no total da carteira… Exibir mais

Esta monografia analisa o impacto da pandemia da COVID-19 nas micro, pequenas e médias empresas (MPMEs) brasileiras, e o papel do Sistema Nacional de Fomento (SNF) para a implementação de medidas visando ao aumento da resiliência e à recuperação do segmento. O estudo argumenta que a crise econômica decorrente da pandemia da COVID-19 atingiu as MPMEs brasileiras em situação ainda mais delicada do que usualmente se reconhece. A participação expressivamente menor do segmento no total da carteira de crédito do sistema financeiro nacional, o percentual mais alto em modalidades de crédito inapropriadas e as taxas de juros e de inadimplência mais elevadas se combinaram com a piora abrupta e acentuada na percepção de risco das instituições financeiras e causaram, de imediato, “empoçamento” de recursos para empresas de menor porte, a despeito dos esforços governamentais no relaxamento da política monetária e no estabelecimento de linhas de crédito com recursos fiscais. Por outro lado, a ação contracíclica das instituições financeiras de desenvolvimento (IFDs) integrantes do SNF foi de grande relevância para atender às necessidades das MPMEs e possibilitar alternativas que viabilizassem a destinação adequada dos recursos, em condições apropriadas. O estudo identifica a importância de que o SNF apoie negócios de menor porte com potencial de crescimento e encadeamento em cadeias mais dinâmicas, tendo em conta seu mandato institucional, a importância das MPMEs em termos de geração de postos de trabalho e renda, e a busca por níveis mais elevados de produtividade. O estudo defende a necessidade de foco e coordenação entre os programas oficiais adotados, de forma a equacionar os dilemas entre vulnerabilidade e viabilidade no financiamento às MPMEs, provendo alternativas que aliem as necessidades emergenciais de recuperação à promoção do aumento da produtividade e da resiliência do segmento a futuras crise. Exibir menos

The Energy Savings Insurance Program seeks to promote investment in energy efficiency and distributed generation in Latin America, primarily through small- and medium-sized enterprises (SMEs). It focuses on developing an innovative scheme of guaranteed energy performance that mitigates project risk and generates investor confidence (ESI Model). The Inter-American Development Bank (IDB) facilitates the development of the ESI Program in alliance with the National Development Banks (NDBs). The ESI… Exibir mais

The Energy Savings Insurance Program seeks to promote investment in energy efficiency and distributed generation in Latin America, primarily through small- and medium-sized enterprises (SMEs). It focuses on developing an innovative scheme of guaranteed energy performance that mitigates project risk and generates investor confidence (ESI Model). The Inter-American Development Bank (IDB) facilitates the development of the ESI Program in alliance with the National Development Banks (NDBs). The ESI Model includes a contract for the supply, installation, and maintenance of equipment for generating a stipulated amount of energy or energy savings over a specific time period; validation by an independent body; insurance coverage that backs the savings or the guaranteed energy generation; and project financing. This paper describes the main attributes of the ESI Model (the contract, the insurance, validation and financing), evaluates market potential and the most attractive technologies, and identifies the priority sectors for implementing projects in Chile. The most promising economic sectors were found to be the hospitality industry, food processing industry, grape growing/wine production, and the fishing industry, and the technologies of electric motors, boilers, air conditioning systems and photovoltaic solar generation. In each of these sectors, estimates were made of financing requirements as well as CO2 emission reductions that could be achieved. Exibir menos

Son crecientes los esfuerzos por fomentar la inversión verde con nuevos instrumentos financieros; sin embargo, la velocidad con que los mercados están adoptando estos instrumentos se ha visto limitada por la heterogeneidad y la falta de información sistemática que permite valorar cuán verdes son las inversiones. El BID ha desarrollado una plataforma estándar para la estructuración, la evaluación y el seguimiento de proyectos de inversión en eficiencia energética y generación distribuida con… Exibir mais

Son crecientes los esfuerzos por fomentar la inversión verde con nuevos instrumentos financieros; sin embargo, la velocidad con que los mercados están adoptando estos instrumentos se ha visto limitada por la heterogeneidad y la falta de información sistemática que permite valorar cuán verdes son las inversiones. El BID ha desarrollado una plataforma estándar para la estructuración, la evaluación y el seguimiento de proyectos de inversión en eficiencia energética y generación distribuida con desempeño energético garantizado. La plataforma busca llenar este vacío e impulsar la modernización tecnológica promoviendo inversiones en tecnologías más eficientes donde se garanticen los ahorros o la generación de energía gracias a la combinación de contratos de desempeño, esquemas de validación y seguros como mecanismo de mitigación de riesgos. La plataforma comprende una herramienta para estimar los ahorros o la energía del proyecto propuesto, listas de control para la validación y verificación del correcto desempeño y un formato para el monitoreo de resultados una vez implementado el proyecto. La herramienta para estimar los ahorros o la energía que genere un proyecto sigue la lógica de establecer una línea base y luego determinar el impacto de la nueva tecnología mediante mejoras en los índices de desempeño o generación, siguiendo los lineamientos técnicos de la familia de normas internacionales de la serie ISO 50000. Este documento presenta los aspectos conceptuales y prácticos de la plataforma, incluye los protocolos para 12 tecnologías aplicables tanto a proyectos nuevos como a proyectos de sustitución y presenta ejemplos para tres proyectos específicos. Los usuarios primarios de la plataforma son proveedores de tecnología, entidades validadoras, entidades financieras y aseguradoras. Exibir menos

El BID se encuentra apoyando a la Agencia Financiera de Desarrollo de Paraguay (AFD) en su rol de promoción de una transición hacia una economía verde y sostenible en el Paraguay, en particular en el desarrollo de iniciativas para la mitigación del cambio climático, así como la disminución de la presión sobre los recursos naturales del país. Esta publicación de la AFD refleja el diseño de una estrategia de estructuración financiera verde sostenible para promover sectores estratégicos… Exibir mais

El BID se encuentra apoyando a la Agencia Financiera de Desarrollo de Paraguay (AFD) en su rol de promoción de una transición hacia una economía verde y sostenible en el Paraguay, en particular en el desarrollo de iniciativas para la mitigación del cambio climático, así como la disminución de la presión sobre los recursos naturales del país. Esta publicación de la AFD refleja el diseño de una estrategia de estructuración financiera verde sostenible para promover sectores estratégicos específicos que también pueda ser utilizada y/o replicada por los Bancos Nacionales de Desarrollo e Instituciones Financieras de la región Latinoamericana. - See more at: https://publications.iadb.org/handle/11319/8241#sthash.DqY1BEJF.dpuf Exibir menos

Este documento analiza el papel de los bancos nacionales de desarrollo (BND) en la financiación y la implementación de los Objetivos del Desarrollo Sostenible e informa a los BNDs sobre las oportunidades y desafíos estratégicos que se les presentan para posicionarse. Fue elaborada por la División de Mercados de Capitales e Instituciones Financieras (IFD/CMF) del Banco Interamericano de Desarrollo (BID) en colaboración con la Asociación Latinoamericana de Instituciones Financieras para el… Exibir mais

Este documento analiza el papel de los bancos nacionales de desarrollo (BND) en la financiación y la implementación de los Objetivos del Desarrollo Sostenible e informa a los BNDs sobre las oportunidades y desafíos estratégicos que se les presentan para posicionarse. Fue elaborada por la División de Mercados de Capitales e Instituciones Financieras (IFD/CMF) del Banco Interamericano de Desarrollo (BID) en colaboración con la Asociación Latinoamericana de Instituciones Financieras para el Desarrollo (ALIDE). - See more at: https://publications.iadb.org/handle/11319/8152#sthash.KoOGfp9o.dpuf Exibir menos

Esta publicación fue elaborada por la División de Mercados de Capitales e Instituciones Financieras (IFD/CMF) del Banco Interamericano de Desarrollo (BID) en colaboración con la Asociación Latinoamericana de Instituciones Financieras para el Desarrollo (ALIDE), con el objetivo de analizar el papel central del financiamiento en el Acuerdo de París e informar a los bancos nacionales de desarrollo (BND) sobre los hitos logrados en el marco de dicho Acuerdo, y sobre las oportunidades y desafíos… Exibir mais

Esta publicación fue elaborada por la División de Mercados de Capitales e Instituciones Financieras (IFD/CMF) del Banco Interamericano de Desarrollo (BID) en colaboración con la Asociación Latinoamericana de Instituciones Financieras para el Desarrollo (ALIDE), con el objetivo de analizar el papel central del financiamiento en el Acuerdo de París e informar a los bancos nacionales de desarrollo (BND) sobre los hitos logrados en el marco de dicho Acuerdo, y sobre las oportunidades y desafíos estratégicos que se les presentan para aumentar el financiamiento de proyectos de mitigación del cambio climático. - See more at: https://publications.iadb.org/handle/11319/8143#sthash.WoERFFnk.dpuf Exibir menos

O estudo avalia vários esquemas aplicados no mundo para a alocação de permissões de emissão nos mercados de carbono: a alocação gratuita, a alocação por leilão e uma abordagem hibrida. Os diferentes esquemas analisaram-se baixo os critérios de carbon leakage, custo de transação, benchmark, uso de receita, banking e a possibilidade de ajustes. No caso do Estado de São Paulo identificou-se a falta de dados atualizados como obstáculo principal para facilitar uma modelagem mais sofisticada que… Exibir mais

O estudo avalia vários esquemas aplicados no mundo para a alocação de permissões de emissão nos mercados de carbono: a alocação gratuita, a alocação por leilão e uma abordagem hibrida. Os diferentes esquemas analisaram-se baixo os critérios de carbon leakage, custo de transação, benchmark, uso de receita, banking e a possibilidade de ajustes. No caso do Estado de São Paulo identificou-se a falta de dados atualizados como obstáculo principal para facilitar uma modelagem mais sofisticada que permitisse desenhar um esquema de alocação apropriado. Em base aos dados existentes se revelou que o risco de carbon leakage é reduzido a nível internacional, mas relativamente forte a nível interestadual. Este documento foi preparado como parte de um esforço do Banco Interamericano de Desenvolvimento (BID) e da Bolsa de Valores, Mercadorias e Futuros (BM&FBOVESPA) para o desenvolvimento do mercado de carbono no Brasil. O estudo foi coordenado por Maria Netto, especialista líder sobre Instituições financeiras; Carlos Ludena, especialista em mudanças do clima (BID); e Guilherme Magalhães Fagundes, gerente de Produtos Ambientais, Energia e Metais (BM&FBOVESPA). - See more at: https://publications.iadb.org/handle/11319/7038#sthash.gyQ6KS2O.dpuf Exibir menos

O estudo dimensiona a potencial oferta e demanda de ativos de carbono num mercado dentro do Estado de São Paulo, Brasil. O dimensionamento de mercado estimou-se em três simulações em base a (i) as metas de redução de emissões estabelecidas nos planos setoriais de indústria e transporte; (ii) uma meta de redução de emissões de até 50%; e (iii) uma meta definida segundo o potencial de redução por meio de ações com custo marginal de abatimento negativo. Para os setores de transporte e resíduos bem… Exibir mais

O estudo dimensiona a potencial oferta e demanda de ativos de carbono num mercado dentro do Estado de São Paulo, Brasil. O dimensionamento de mercado estimou-se em três simulações em base a (i) as metas de redução de emissões estabelecidas nos planos setoriais de indústria e transporte; (ii) uma meta de redução de emissões de até 50%; e (iii) uma meta definida segundo o potencial de redução por meio de ações com custo marginal de abatimento negativo. Para os setores de transporte e resíduos bem como para os subsetores da indústria paulista calculou-se os pontos de break-even de cada ação de mitigação, os quais serviram para a construção das curvas de oferta e demanda. O analises revelou que o dimensionamento do mercado e o hipotético preço dos ativos de carbono varia significativamente com a meta estabelecida. O rango de preço calculado segundo as simulações varia entre 5 e 19 BRL/tonelada de CO2 e o volume de toneladas negociados se encontra entre 32 e 128 milhões de tCO2e. Este documento foi preparado como parte de um esforço do Banco Interamericano de Desenvolvimento (BID) e da Bolsa de Valores, Mercadorias e Futuros (BM&FBOVESPA) para o desenvolvimento do mercado de carbono no Brasil. O estudo foi coordenado por Maria Netto, especialista líder sobre Instituições financeiras; Carlos Ludena, especialista em mudanças do clima (BID); e Guilherme Magalhães Fagundes, gerente de Produtos Ambientais, Energia e Metais (BM&FBOVESPA). - See more at: https://publications.iadb.org/handle/11319/7039#sthash.VQJY4a9M.dpuf Exibir menos

O estudo revisa a normativa brasileira federal, estadual e municipal bem como as normas voluntarias, para analisar a compatibilidade da mesma com um potencial mercado pre-compliance de carbono nacional ou estadual. Frente aos critérios e elementos claves dum mercado de carbono, se caracteriza os avanços favoráveis e deficiências nos quadros regulamentadores existentes, bem como os possíveis retos no alinhamento da regulação estadual uma vez que se generalize um mercado a nível federal. O estudo… Exibir mais

O estudo revisa a normativa brasileira federal, estadual e municipal bem como as normas voluntarias, para analisar a compatibilidade da mesma com um potencial mercado pre-compliance de carbono nacional ou estadual. Frente aos critérios e elementos claves dum mercado de carbono, se caracteriza os avanços favoráveis e deficiências nos quadros regulamentadores existentes, bem como os possíveis retos no alinhamento da regulação estadual uma vez que se generalize um mercado a nível federal. O estudo conclui que a normativa atual não regularia um potencial mercado, no entanto requerem-se observar elementos tais como as metas de redução de gases de efeito estufa, os planos setoriais e iniciativas legais a nível estadual uma vez que se desenhe um mercado de ativos de carbono. Este documento foi preparado como parte de um esforço do Banco Interamericano de Desenvolvimento (BID) e da Bolsa de Valores, Mercadorias e Futuros (BM&FBOVESPA) para o desenvolvimento do mercado de carbono no Brasil. O estudo foi coordenado por Maria Netto, especialista líder sobre Instituições financeiras; Carlos Ludena, especialista em mudanças do clima (BID); e Guilherme Magalhães Fagundes, gerente de Produtos Ambientais, Energia e Metais (BM&FBOVESPA). - See more at: https://publications.iadb.org/handle/11319/7007#sthash.N4hzLDoM.dpuf Exibir menos

This publication outlines the challenges of investing in low-carbon and climate-resilient technologies and activities in Latin America and the Caribbean. It explores how guarantees can respond to those challenges and highlights the crucial role national development banks can play in structuring and funding credit-guarantee schemes for their domestic markets. Drawing on comprehensive desk research and case study examples, the publication provides a number of recommendations that national… Exibir mais

This publication outlines the challenges of investing in low-carbon and climate-resilient technologies and activities in Latin America and the Caribbean. It explores how guarantees can respond to those challenges and highlights the crucial role national development banks can play in structuring and funding credit-guarantee schemes for their domestic markets. Drawing on comprehensive desk research and case study examples, the publication provides a number of recommendations that national development banks should consider when designing guarantee instruments for green markets. The scarcity of funds available to finance green projects in the region results from a combination of various financial and non-financial barriers, some specific to green investments and others generic in the region. Only if properly integrated in comprehensive and well-designed programs can guarantee schemes help unlock private investment in green markets. As an implicit subsidy for private borrowers that gives them a contingent claim on government resources, guarantees have the potential to create market distortions. Such distortions are worthwhile only if the guarantee yields correspondingly high economic, social, and/or environmental benefits. Thus, no guarantee scheme should be designed without a thorough cost-benefits analysis. - See more at: https://publications.iadb.org/handle/11319/6722#sthash.y9c2jQqE.dpuf Exibir menos

The publication on the public development banks of Latin America and the Caribbean as they enter a new paradigm. In the last 10 to 15 years, these institutions have made considerable progress in the region towards fulfilling their undoubted potential as effective public policy tools. If this trajectory of operational and financial improvement can be consolidated, and public development banks can demonstrate their impact on development, they will be well placed to face even more complex… Exibir mais

The publication on the public development banks of Latin America and the Caribbean as they enter a new paradigm. In the last 10 to 15 years, these institutions have made considerable progress in the region towards fulfilling their undoubted potential as effective public policy tools. If this trajectory of operational and financial improvement can be consolidated, and public development banks can demonstrate their impact on development, they will be well placed to face even more complex challenges, such as climate change and productive development. Throughout its six chapters, this book tackles the theme from an integral perspective, analyzing the institutional aspects needed, and the financial and nonfinancial instruments available, to consolidate the role of public development banks in promoting development with fiscal and financial responsibility. The approach is structured according to the questions arising from the current situation, which relate to the significance of these institutions within financial systems, the impact evaluations of their performance, and the new challenges and opportunities they face. In summary, this book is useful for governments and public development banks, as well as for academics and decision makers interested in achieving sustainable financing for both current and future generations in the region. - See more at: https://publications.iadb.org/handle/11319/464#sthash.fsDh3EjW.dpuf Exibir menos

Significant investments are needed to support the global transition to a low-carbon, climate resilient future. Current finance flows fall short of global financing needs, and massive scaling up is needed to unlock additional financial resources and foster a sustainable investment pathway. Overcoming barriers to private sector investments is critical, and international climate finance can play a catalytic role in this regard. National development banks (NDBs) have a unique role in this context… Exibir mais

Significant investments are needed to support the global transition to a low-carbon, climate resilient future. Current finance flows fall short of global financing needs, and massive scaling up is needed to unlock additional financial resources and foster a sustainable investment pathway. Overcoming barriers to private sector investments is critical, and international climate finance can play a catalytic role in this regard. National development banks (NDBs) have a unique role in this context, both complementing and catalyzing private sector players. This publication discusses the unique role that NDBs could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region. Exibir menos

As per publisher: Comprehensive coverage of all legal aspects of the carbon market
Covers the US Carbon Trading Schemes
Written with practitioners in mind by authors involved in Kyoto Protocol transactions
Since 2005 the carbon market has grown to a value of nearly $100 billion per annum. This new book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission… Exibir mais

As per publisher: Comprehensive coverage of all legal aspects of the carbon market
Covers the US Carbon Trading Schemes
Written with practitioners in mind by authors involved in Kyoto Protocol transactions
Since 2005 the carbon market has grown to a value of nearly $100 billion per annum. This new book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission trading scheme in the EU and emerging schemes in the US, Australia, and New Zealand. The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997 Kyoto Protocol whose first commitment period ends in 2012. As scientists predict that the threat of dangerous climate change requires much more radical mitigation actions, the negotiations aim for a more comprehensive and wide ranging agreement which includes new players - such as the US - as well as taking account of new sources (including aircraft emissions) and new mechanisms such as the creation of incentives for reducing emissions from deforestation and forest degradation.
This volume builds on the success of the editors' previous volume published by OUP in 2005: Legal Aspects of Implementing the Kyoto Protocol Mechanisms: Making Kyoto Work, which remains the standard work of reference for legal practitioners and researchers on carbon finance and trading under the Kyoto Protocol.
Readership: Academics and students of international environmental law, environmental and project finance lawyers in the private sector, civil servants in developed and developing countries, and lawyers and policy analysts in civil society. Exibir menos

National development banks (NDBs) play a unique role in promoting sustainability. Due to their public mandate and contribution to the local credit markets, NDBs in the Latin American and Caribbean region are well positioned to support sustainable and low-carbon investments, and they can also effectively leverage private capital for these public goods. Many NDBs in the region have acted as pioneers in promoting sustainability in their respective countries. This publication presents reasons and… Exibir mais

National development banks (NDBs) play a unique role in promoting sustainability. Due to their public mandate and contribution to the local credit markets, NDBs in the Latin American and Caribbean region are well positioned to support sustainable and low-carbon investments, and they can also effectively leverage private capital for these public goods. Many NDBs in the region have acted as pioneers in promoting sustainability in their respective countries. This publication presents reasons and incentives for financial institutions and, in particular, NDB's to implement environmental and socials risks management systems. It also presents key success factors and practical recommendations for NDBs willing to design and implement this type of framework. - See more at: https://publications.iadb.org/handle/11319/6437#sthash.mQNElmjd.dpuf Exibir menos