Highlights

• IDB Invest launches “enlaces”, a regional network for sustainable finance in LAC.
• Banks and financial institutions will collaborate to promote sustainable finance.
• Environmental and social risk analysis, green and climate agendas, social agendas and corporate governance will be the focus.

IDB Invest introduces “enlaces”, a new regional network to advance sustainable finance in Latin America and the Caribbean (LAC).

Officially launched at the II Latin American Congress on Sustainable and Inclusive Banking, August 26-27 in Buenos Aires, Argentina, “enlaces” connects public and private banks and financial institutions.

This network provides a collaborative space where financial institutions can share knowledge and best practices, access training, and integrate environmental, social and governance (ESG) criteria into their operations. By doing so, it enables impact financing and positions the region on the global sustainable finance map.

“enlaces” has several initiatives:

• Private and public-private working groups
• Green and sustainable finance protocols
• Innovation labs
• Sustainability committees

IDB Invest is the founder and strategic advisor of the network. “Enlaces” will focus on four areas: environmental and social risk analysis, green and climate agendas, social agendas and corporate governance.

With “enlaces” the region is moving towards a world where sustainable finance is a reality, for responsible growth and to be a major player in global sustainable finance.

More about “enlaces”, visit: www.enlaceslac.org

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Source: IDB Invest