Rodrigo Gomez Alarcon

Thanks Vanina Farber to be part of the assessment team to evaluate the work of the IMD Executive MBA students during the #ImpactInvesting week in #Lima. Great to have interacted with students from all over the world assessing real #venturecompanies with a particular focus on #sustainability. Some highlights: - 6 #roundtables to ex-change the nitty-gritty of impact investors. - R&D as a key element for #innovation in bio-pharma, bio-agri, etc. - The need to create a solid MVP to test products and #createmarkets. - The #impact on society and relevant communities. Really sure students will materialize ideas with #Peruvians entrepreneurs. Look forward to the next edition of the Program! Only at IMD, only in #Peru. Daniel Corrales | Diana Alejandra Ramirez Loaiza | Gonzalo Pizarro Carranza | Fiorella Torres Niño, CFA | Javier Benavides | KPTL Venture Capital

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Mobilizing more private capital towards impact investments in #LatinAmerica and the #Caribbean calls for having clear frameworks in place to measure, manage, and report on impact. Without the ability to identify high-impact investment opportunities and demonstrate positive social, environmental, and economic impact, the funds won’t follow. On June 13, from the heart of the #Amazonia in Manaus, join me, Joohee Rand, Rocio Zeballos Alban, Marina Albuquerque for a conversation on this crucial topic. #IDBInvestSustainabilityWeek, #Impactmanagement, #impactinvesting, #SDGs Impact Principles BTG Pactual BlueOrchard Finance Ltd

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In navigating the intricate dance between advancing environmental sustainability and nurturing social well-being in emerging markets, Blue Earth Capital AG, in collaboration with IDB Invest, has committed $14 million to support sustainable marine tourism in the Galapagos Islands through Quasar Expeditions. This joint effort aims to benefit local communities by creating sustainable job opportunities while mitigating the environmental impact of tourism on this iconic archipelago off the coast of Ecuador. The investment will enable Quasar to operate a pioneering hybrid propulsion tourist vessel, establish a low-density operations center, and provide technical and educational training to the local workforce aboard a dedicated training vessel. This holistic approach not only supports sustainable tourism practices but also contributes to the conservation efforts and socio-economic development of the region. The significance of this investment extends beyond financial returns. It symbolizes a commitment to catalyzing positive change in sustainable tourism, aligning with the broader environmental initiatives led by the IDB in the Galapagos. The Ecuadorian government's ambitious energy transition plans, supported by the IDB, underscore the collaborative efforts to achieve renewable energy targets and preserve the unique biodiversity of the islands. The Galapagos Islands, renowned for their exceptional wildlife and evolutionary significance, face the dual challenge of increasing tourist numbers and environmental conservation. With an annual visitor count of over 270,000, the need for responsible tourism practices is paramount to safeguarding the delicate ecosystem and endangered species. Blue Earth's investment reflects a broader recognition of the critical role tourism plays in livelihoods across emerging markets, emphasizing the need for a balanced approach that prioritizes both economic prosperity and environmental stewardship. By fostering sustainable tourism models like Quasar, the project sets a precedent for industry-wide transformation towards responsible and inclusive practices. #SustainableTourism #GalapagosConservation #EnvironmentalImpact #SocialWellBeing #BlueEarthCapital #IDBInvest #SDGs #ClimateAction #EconomicGrowth #Partnerships #ConservationEfforts #EcoTourism #BalancingAct #GreenInvestments #SustainableFuture #ResponsibleTravel #TourismInnovation #BiodiversityConservation #CommunityEmpowerment #GlobalImpact #ClimateResilience #InclusiveGrowth #EcoFriendlyTravel #SocioEconomicDevelopment #EnvironmentalStewardship

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🌞 Solar Project in Colombia Secures US $113M in Financing 🌞 Atlas Renewable Energy, owned by Global Infrastructure Partners ("GIP"), 🤝 #BID Invest, and #bancolombia, has secured long-term financing for the development, construction, and operation of the 201 MWp Shangri-La solar plant in Ibagué, Tolima, #Colombia. The financing package includes a senior secured loan of approximately US $113M. Expected to be operational by mid-2025, the plant will generate around ⚡404 GWh annually, powering about 214,000 homes. Notably, this is the fourth and largest #solar plant financed by BID Invest in Colombia and marks Atlas Renewable Energy's entry into the Colombian market. As part of Atlas’s partnership with Isagen to develop 1,000 MW of solar projects in Colombia over the next decade, the Shangri-La project will utilize PVH’s Monoline 2P solar trackers, equipped with the SCADA ProInsights system to enhance operational efficiency. This deal reinforces Atlas's commitment to expanding #renewable #energy #infrastructure in Latin America and aligns with PVH's growth, now surpassing 3 GW of solar trackers delivered in the region. https://lnkd.in/eA5yq8zF #thecountryofbeauty #RenewableEnergy #SolarPower #CleanEnergy #Sustainability #Colombia #GreenInvestment #EnergyTransition #Infrastructure #LatinAmerica #ClimateAction #SolarEnergy #Innovation #latam

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We are evolving to scale our Impact to address new challenges. And we are on the right track. If you check our annual report you will see that in 2023, we allocated US$10.7 billion to the LAC region with 32% dedicated to #climatefinance, 35% to #MSMEs, and 47% to #Gender & #Diversity advising our clients to pursue specific development goals. We are aiming for more this year. We are committed to significantly increasing #climatefinancing targets over the next years, with a special lens on adaptation & leveraging advisory, blended finance, and financial innovation to stimulate private sector #decarbonization and #resilience. In 2023 we helped clients position themselves as industry leaders and close gender gaps and investing in the communities they serve. This year we would like to advance the #diversity agenda. #Digitaltransformation will also be a key pillar for our delivery. With our focus on impact, we are the best partner to support the LAC region. Read more here: está https://lnkd.in/dSmUGf9a

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The Best is Yet to Come in the Digital Age of Change. Lessons learned from the world's TOP 10 richest billionaires and highly successful business executives with a Net Worth of more than $100 billion of dollars. Can Artificial Intelligence (AI) help multinational organizations, multilateral institutions, and global business companies save millions, billions and even trillions of dollars? What is Artificial Intelligence (AI), and how to drive Digital Transformation to innovate bold solutions to real-world challenges?.

Thrilled to share insights from my panel discussion earlier today at the #Fest hosted by Asobancaria, in Bogota, Colombia, alongside distinguished panelists such as Javier Suárez of Banco Davivienda, Casey Verbeck of DAI Capital, Mireia Villar Forner of the United Nations and Ambassador George Hodgson from Foreign and Commonwealth Office of the United Kingdom.   During our engaging discussion, we explored the intrinsic connection between climate and nature—and importantly nature and climate. Our ecosystems—forests, wetlands, and ecosystems—serve as natural safeguards against extreme weather while regulating our climate and ensuring the sustainability of our water and air.   📊 In Boston Consulting Group (BCG)'s report, From Risk to Reward, we de-mystify how financing for climate adaptation presents not just a responsibility but a genuine business imperative. Here are three pivotal areas where the private sector can deploy nature based solutions in the context of adaptation:   1. Asset Protection: Considering biodiversity investments such as conservation and restoration of mangrove forests not only serves to protect coastal assets from extreme weather events, but also serves as carbon sinks!   2. Investing in innovation: There's vast potential for businesses to expand the market for adaptation and resilience solutions through innovations like green roofs, permeable pavements, and urban green spaces, which all hellp address urban heat while also supporting biodiversity.   3. Public-Private Partnerships: Given that nature is the ultimate public good, collaborations between the public and private sectors to deploy adaptation projects presents mutually beneficial opportunities.   💡 Let’s continue to push the envelope on how businesses can actively advance and benefit from biodiversity and climate adaptation strategies.   #ClimateChange #Biodiversity #SustainableBusiness #Adaptation #Resilience #ImpactInvesting #NatureBasedSolutions #BCG

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Huge congratulation to the team in the subscription of Banco Finandina S.A.'s first-ever sustainable bond issuance, marking a significant milestone in financing green and social projects in Colombia! The portfolio will include: ⚡ Green Projects: Supporting the expansion of electric and hybrid vehicle portfolios, along with electric micromobility solutions. 💼 Social Projects: Empowering micro, small, and medium-sized enterprises (MSMEs), with a focus on women-led businesses and those in vulnerable regions. This bond plays a vital role in driving Colombia’s transition to sustainable transport—a key step in reducing greenhouse gas emissions and moving closer to carbon neutrality. 🚘🌱 But that’s not all—we will also provide advisory services to support Finandina’s strategic decarbonization plan and develop an inclusive communication strategy for the LGBTQ+ community. This guidance will also include creating a value proposition for providing credit to Trans people, ensuring diversity and inclusion across the board. 🌈 So proud to be part of IDB Invest team, paving the Way for a Sustainable Future in Colombia 🌱 #SustainableFinance #GreenBonds #ClimateAction #DiversityAndInclusion #Colombia #MSMEs #SustainableDevelopment #Innovation #Decarbonization

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🇭🇹🇳🇮🇭🇳🇸🇻🇬🇹🇻🇪 Did you know that in Latin America there are three simultaneous migration crises? 🚨 If you missed my Seedstars panel "Crossing Borders: Solutions for Refugees and Migrants in Latin America", 🌎 don't worry, you can still see it! 🎥 https://lnkd.in/g2Vqfy44 #seedstars #migrants #fdp #migration #latinamerica #refugees #migrants

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Here is my interview on Bloomberg regarding Ecuador, Bolivia, Peru, and Chile where I discussed the pressing issues of violence in Ecuador and political uncertainty in Bolivia and Peru, and how these factors are impacting the economic potential and development of these Andean nations. Key takeaways: - The ongoing violence in Ecuador is a significant barrier to economic growth. - Political instability in Bolivia and Peru continues to slow their economic progress. - The World Bank’s perspective on the future economic outlook for these countries. Aquí está mi entrevista en Bloomberg sobre Ecuador, Bolivia, Perú y Chile, en Bloomberg Línea, donde discutí los temas apremiantes de la violencia en Ecuador y la incertidumbre política en Bolivia y Perú, y cómo estos factores están impactando el potencial económico y el desarrollo de estas naciones andinas. Puntos clave: - La violencia continua en Ecuador es una barrera significativa para el crecimiento económico. - La inestabilidad política en Bolivia y Perú sigue frenando su progreso económico. - La perspectiva del Banco Mundial sobre el futuro económico de estos países. Check out the full interview here: Bloomberg Línea #Economics #Economia #LatinAmerica #WorldBank #Ecuador #Bolivia #Chile #Peru #PoliticalUncertainty #politica #crecimiento #EconomicGrowth

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Transparency and performance data are the cornerstones of trust in emerging markets. The recent release of disaggregated loan performance data by the Inter-American Development Bank (IDB) and IDB Invest is a milestone for the region. It offers a granular view of the historical success in sovereign and private sector operations, underscoring the institutions’ commitment to fostering investor confidence. With default rates as low as 0.5% for sovereign-guaranteed loans and a 69% recovery rate in private sector operations, the data aligns with G20 recommendations, highlighting the region's financial resilience and potential. For decades, IDB and IDB Invest have been trusted partners in Latin America and the Caribbean, driving sustainable development with integrity. Their loan portfolios demonstrate robust performance, enhanced by preferred creditor treatment and sound risk management. These reports not only meet global standards for transparency but also serve as a beacon for investors eyeing opportunities in emerging markets. As financial institutions globally call for greater standardization and disclosure, IDB’s initiative sets a precedent, reinforcing the importance of data-driven decision-making in unlocking capital and advancing regional growth. #SustainableFinance #EmergingMarkets #ImpactInvesting #FinancialResilience #TransparencyInFinance

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GOOD NEWS! AND DATA of interest for all who are interested in Puerto Rico's socio-economic development in general, and especially in the state of the Islands' entrepreneurship & innovation ecosystem. Headline: Puerto Rico mejora su posición en el ‘Índice Global de Ecosistemas de Startups (Puerto Rico improves its position in the Global Startup Ecosystems Index) https://lnkd.in/ebvuUACe Puerto Rico's sectors are working in unison towards continuous improvement in these measures. IIT'S WORKING!!!!!!   

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Full content in the link below. https://lnkd.in/dQduEfrG "The results of the Mexican (BBB-/Stable) general election, held on June 2, signal broad policy continuity, with Claudia Sheinbaum of the incumbent’s MORENA party winning the presidency by a landslide, says Fitch Ratings. The new administration inherits a stable economy, where Mexico’s characteristic sound macroeconomic policy framework remains a positive for the sovereign rating. However, the deficit will widen materially this year, and consolidation will be a key challenge for the new government. The 2024 budget presented a fiscal deficit above 5% of GDP, its highest point in over three decades. The challenging fiscal position inherited by the incoming administration follows a combination of rising social spending, higher borrowing costs and high investment due to the completion of priority infrastructure projects of the outgoing administration. Fitch expects general government debt will increase to 48.8% of GDP in 2024 from 45.6%, although well below the ‘BBB’ median at 55%. While the incoming administration has signalled willingness to narrow the deficit to levels consistent with a stable debt/GDP trajectory, uncertainty remains on how this will be achieved. Political appetite for a reform to improve tax collection remains unclear." #fitchratings #creditratings #Mexico #sovereigns #nearshoring

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🚀 Top developments in #LatAm private capital: • IFC - International Finance Corporation, IDB Invest and CAF invested COP4.3b (~USD1.14b) in debt financing for Colombian highways Magdalena 1 and Magdalena 2. #PrivateCredit • General Atlantic led a Series B+ for QI Tech, a Brazil-based API-based credit issuance platform. #VC • Vinci Partners acquired Mav Capital, a Brazil-based alternative asset manager focused on agribusiness. #RealAssets • Brazil-based pet products retailers Petz and Cobasi agreed to merge in a cash and share swap deal. #PE For more industry news, view the latest edition of LAVCA's #PCU: https://hubs.la/Q02vSsRc0 #venturecapital #LatinAmerica #markettrends #investments #finance #tech #privatecapital #finance #startups #privateequity

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Mexico remains a prime destination for foreign direct investment (FDI), according to the latest data from the Ministry of Economy. In the first five months of 2024, 127 public investment announcements from the private sector were identified, totaling an expected investment of $39.157 billion. This amount represents an increase of $3 billion since the announcements made in mid-April, with expectations that these investments will enter the country over the next two to three years, thereby boosting economic growth and job creation. The Ministry of Economy noted that these investments signal a strong vote of confidence in Mexico's potential, projecting the creation of 54,347 new direct jobs across various industries. Investment distribution has also diversified geographically. Querétaro and the State of Mexico lead the way, capturing 28 percent of the total, or $7.128 billion. Notable public investment announcements between May 15 and 31, 2024, include Evergo from the Dominican Republic with a $200 million investment in the energy sector, LT Precision from the United States with a $143 million investment in the steel industry, and Japan's Daikin with a $122 million investment in air conditioner manufacturing. Luis Torres, senior economist at the Federal Reserve Bank of Dallas, stated in an analysis that while Bank of Mexico research indicates that the reshoring process has been slowly progressing in regions that traditionally receive higher foreign direct investment (FDI) flows since 2020, the anticipated increase in FDI related to nearshoring has not yet materialized. He observed that much of the marginal increase in manufacturing investment is due to companies reinvesting profits in their existing facilities. Manufacturing firms are primarily expanding their current capacities, according to contacts at the Federal Reserve Bank of Dallas. This includes adding production lines, purchasing new equipment, and hiring more employees. Although companies quickly announce new projects, it remains uncertain how many of these will be scaled back, delayed, or canceled in the future, Torres noted in his analysis.

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Since 2009, Proparco has channeled over $2 billion into Mexico, Central America, and the Caribbean, supporting environmental protection projects and driving social impact. 🌎💸 💬 "Proparco's dual mission in Central America focuses on environmental sustainability and social equity. Known as climate banks, Proparco and AFD prioritize climate and biodiversity initiatives while striving to reduce inequalities." - Environmental Focus: From renewable energy to water and sanitation, Proparco funds projects that protect the planet. 🌿🔋 - Social Impact: Financial support for microfinance, housing, and small businesses addresses socio-economic disparities. 🏠👩‍🌾 - Strategic Partnerships: Collaborations with local banks and financial institutions amplify regional impact. 🤝🏦 Proparco’s presence extends throughout Mexico and Central America, impacting countries like El Salvador, Costa Rica, and Jamaica. Noteworthy projects include solar energy plants in El Salvador and wind power projects in Costa Rica, all contributing to the region's transition to renewable energy. 🌞🌬️ Proparco’s work with LAAD and local banks ensures continued financial support for agricultural microenterprises, creating jobs and fostering sustainable development. 🌾💼 Proparco supports banks like Promerica in Costa Rica with credit lines and technical assistance to enhance climate strategies. 🌍📊 The commitment to climate action and social progress defines the mission of any Impact Investor, striving for a sustainable and equitable future for all. Proparco is an outstanding tangible example🌱💪 #Proparco #EnvironmentalImpact #SocialEquity #ClimateAction #SustainableDevelopment #RenewableEnergy #FinancialInclusion #GreenFinance #ImpactInvesting #Microfinance #ClimateBanks #Biodiversity #SocioEconomicDevelopment #Sustainability #InvestmentBanking #LatinAmerica #Caribbean #Mexico #CentralAmerica #Renewables #EnergyTransition #SocialImpact #Agriculture #Infrastructure #EconomicGrowth #FinancialSupport #EnvironmentalProtection #CommunityDevelopment #JobCreation #TechnicalAssistance #SustainableFuture

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