GENARO ANTONIO LAREDO GARNICA

Santiago Government creates the first Metropolitan Entrepreneurship Hub that will support more than 21 thousand MSMEs The beneficiaries will be micro, small and medium-sized companies in the Metropolitan Region that are seeking support services to improve their businesses. The initiative, which was approved today by the Metropolitan Regional Council, will be implemented by Fundación Chile and will be located in the center of the capital. The Metropolitan Entrepreneurship HUB is an initiative of the Government of Santiago, which seeks to promote the sustainable and inclusive economic development of regional entrepreneurship. The objective is to support more than 7,000 entrepreneurs per year, focusing on boosting new economies and adapting SMEs to future markets, with the focus on facilitating a space where ideas come to life, democratizing access to innovation and entrepreneurship. This space for entrepreneurship and innovation was approved this Wednesday by the Metropolitan Regional Council, executed in partnership with Fundación Chile, and has funding of more than $4 billion. The focus will be on the articulation of services and institutions, both public and private, for the guidance, attention and referral of entrepreneurs; and the development of specialized services to generate capacities and create instances of collaborative work and coordination with the rest of the actors in the entrepreneurial ecosystem. The Hub will also provide quality infrastructure for entrepreneurs in the Metropolitan Region, and will be located in the centre of the capital, with a focus on reactivating the sector. The governor of Santiago, Claudio Orrego , said that “This project comes to support middle-class entrepreneurs, those who are on everyone's lips, but in no one's hands. We will give them comprehensive support, through a customer service office, entrepreneurship clinics, technical talks, workshops, a coworking space, among others.” He added that “this is an initiative that was born from the different Advisory Councils and that had a long design and study process of more than two years that was led by the Government of Santiago together with the Universidad del Desarrollo and that has ended with a robust proposal.” Meanwhile, the executive president of Fundación Chile, Pablo Zamora, highlighted the economic and social results of the project: “We expect an impact in the generation of new jobs, 21 thousand entrepreneurs served and at least 1,300 MSMEs to increase their productivity. We are very happy to assume this responsibility and we will put all our experience, our knowledge and our capabilities at the disposal of this important project that will strengthen the regional entrepreneurship ecosystem.” Continue reading: https://lnkd.in/eVvde2wy

5

Guatemala's Foreign Direct Investment Growth: A Positive Outlook with Key Insights According to the Bank of Guatemala, Foreign Direct Investment (FDI) in the country saw a 3.2% growth during the first half of 2024, reaching US$803.1 million—an increase of US$25.2 million compared to the same period in 2023. This growth was driven by four key sectors, which contributed 99% of the total FDI: * Financial and Insurance Activities: US$343.3 million * Trade and Vehicle Repairs: US$212.9 million * Manufacturing Industries: US$138.6 million * Information and Communications: US$99.9 million Other noteworthy sectors included agriculture, livestock, forestry, and fishing, contributing US$47.3 million, and transportation and storage with US$41.8 million. However, the energy sector faced challenges, with electricity, water, and sanitation recording a decline of US$99 million. These figures highlight the dynamic nature of Guatemala’s economy, with financial services, trade, and manufacturing leading the charge. The data also raises questions about the underperformance in the energy sector, an area that holds critical importance for future economic development. As Guatemala continues to attract foreign investment, the focus on bolstering infrastructure and ensuring energy stability will be crucial for sustained growth. As always, integrity matters will be at the forefront of considerations. #Guatemala #ForeignDirectInvestment

15

4 comentarios

🌍 Maximizing Investments in Mexican Equity Markets: Expert Due Diligence from a Leading Law Firm 🌍 As the Mexican market garners increased interest from Canadian and USA investors seeking opportunities in Mexican companies, the role of a Head of Equities from an independent Equity Management and Advising firm becomes increasingly pivotal. This professional relies on the due diligence expertise provided by a robust law firm, ensuring that their clients receive comprehensive legal support and strategic guidance throughout their investment journey. Top 5   benefits of a team of experts conducting correct due diligence: 💼 Risk Mitigation: Identifying and assessing potential risks associated with investments, contracts, or transactions is crucial to mitigating risks and avoiding costly mistakes. 💼 Informed Decision Making: Thorough due diligence provides comprehensive information and insights on the targeted operations, enabling informed decision-making at the corporate level. 💼 Legal Compliance: Ensuring compliance with Mexican legal requirements, regulations, and industry standards helps prevent legal issues and regulatory penalties. 💼 Financial Transparency: Evaluating business records and statements ensures transparency, accuracy, and reliability in financial dealings. 💼 Value Enhancement: Proper due diligence can uncover opportunities for value enhancement, to be implemented prior, during or after an acquisition, such as identifying cost-saving measures or strategic improvements. From structured optimal estate planning to high-value M&A transactions, one of the key advantages of partnering with a reputable law firm is access to thorough due diligence services. A Head of Equities and investors can rely on the law firm's expertise in conducting in-depth assessments of Mexican companies. Our evaluations and due diligence reports provide investors with a comprehensive understanding of the investment landscape, timely advice, recommendations on legal complexities, and facilitate smooth transaction implementations, enhancing the overall efficiency and effectiveness of the investment venture. Reach out to us at RHT Legal Consulting for a free consultation on the scope of our services for a Due Diligence project of your own! #Mexico #ForeignInvestments #BusinessLaw #BusinessGrowth #LegalAdvisory #Mexicanlaw #Inversiones #Duediligence #Softlanding #Industrialmarket #Corporatelaw

4

#presidentialelections #mexico #electoralobservation #grulac #ipu Last Sunday, June 2, delegates from the Geopolitical Group of Latin America and the Caribbean (GRULAC) of the Inter-Parliamentary Union (IPU) participated in an electoral observation mission in the United Mexican States. It was a historical milestone. With an electoral roll made up of almost 100 million people, citizen participation in the vote was 60.92%, registering almost 56 million votes. The people elected their President for the next 6 years (2024-2030); to the total of 128 senators and 500 deputies (new integration of both chambers of the Congress of the Union); and the heads of eight state governments; the head of the government of the capital city of Mexico; and local representative entities, city councils, municipal boards and mayors' offices, totaling more than 19,000 positions. The official political alliance “Let's keep making history”, made up of MORENA, the PT and the Green Party, won almost 36 million votes (59.75%), bringing the first woman in the history of the country to the Presidency: Claudia Sheinbaum Pardo. Her motto was: “Honesty, results and love for the people.” Second place went to “Fuerza y ​​Corazón por México” (PAN; the PRI and PRD), whose candidate, also a woman, Xóchitl Gálvez Ruiz, obtained 16.5 million votes (27.45% of the votes). Her motto: “For a Mexico without fear.” The only male candidate, Jorge Álvarez Máynez, from the Citizen Movement, obtained 6.2 million votes (10.32%), carrying as his motto “New Mexico is serious.” The results can be consulted on the website of the INE (@Instituto Nacional Electoral) of Mexico: https://lnkd.in/dyydDPut In summary, the Mexican federal electoral system is robust and professional. However, there are at least two worrying factors: a) the level of political violence, which recorded murders of both pre-candidates and candidates for electoral positions before, during and immediately after the elections were held; and b) the impact of the government in power in the electoral contest, through the use of its dominant position from the State to obtain advantages over its political rivals, particularly in relation to mass communication (via press conferences whose purpose was not directly linked to issues that are purely public management, if not electoral) and to the direct impact of the orientation of social policies. Beyond that, once the election has been held, it is appropriate to congratulate the people and the new government of Mexico and wish them the best of luck. We must also highlight the importance of counting on Mexico to deal with global challenges and build, all together, a better world.

8

1 comentario

IDB Invest and Banco Nacional have unveiled #CostaRica first blue bond, marking a major leap forward for the blue economy. IDB Invest has committed $25 million to this pioneering $50 million bond issuance, with additional contributions of $20 million from FinDev Canada and $5 million from LAGreen Fund This #bluebond will provide substantial support to Costa Rican companies engaged in crucial blue economy initiatives. These include projects aimed at preserving marine-coastal areas, improving sustainable water and sewage management, and advancing plastic waste management and the circular economy. This initiative will also bolster Banco Nacional capital base and facilitate the strategic development of its blue portfolio. This #partnership underscores a shared commitment to mitigating climate change, conserving natural resources and biodiversity, and fostering sustainable development. Adhering to the Social and Green Bond Principles and Blue Bond Guidelines set by the ICMA - International Capital Market Association this bond represents a significant stride towards a sustainable future. James P. Scriven Marisela Alvarenga Luiz Gabriel Todt de Azevedo Jan Petter Eskildsen José Pablo V. Tomás Bermúdez Alejandra Fleitas Guilherme Piereck Arnoldo Andre - Tinoco Graham Watkins Fernando Francia Marjorie Sibaja Shirley Malespín Loreto Setien Javier Salgado Derqui María Brenes Juan Manuel Tirado Molina Isabel Granada Rosaysella Ulloa Priscila Picado Valenzuela Hilen G Meirovich Jordan Schwartz Orlando Ferreira Andrea Mora Zamora Silvia Chaves Herra Jose Antonio Vasquez Rivera Cesar Leyva Avinash Persaud Raphael Anspach Yolanda López Angela Funez Luis Alejandro Mejia Caniz Gerardo Rojas Jiménez

151

15 comentarios

¿Cuánto incide la pugna comercial entre Estados Unidos y China en la conformacion del comercio global? Interesante análisis de Stewart Paterson para Hinrich Foundation #ComercioInternacional #OMC How much does the trade conflict between the United States and China affect the formation of global trade? Interesting analysis by Stewart Paterson for the Hinrich Foundation #InternationalTrade #WTO

8

In 2024, Chilean businesses continue to grapple with the challenges of economic sustainability, climate change adaptation, and corporate ethics, echoing discussions held at the recent annual mining dinner hosted by Cesco. Despite the hurdles, companies are proactively addressing these issues to ensure resilience and long-term success. Looking ahead, there’s optimism as businesses prioritize strategies for economic growth and explore collaborative approaches to enhance sustainability across supply chains. Additionally, amidst legislative changes, companies are adapting and innovating to navigate uncertainties and seize opportunities for growth. This forward-looking perspective reflects the resilience and proactive engagement of Chilean businesses in shaping a sustainable future.

9

Financing More Energy Efficient Products Argentina’s national Secretary of Energy and the Argentina National Bank have signed an agreement that will promote purchase of more energy efficient products and services. The new deal is part of the “Energy Reconversion and Efficiency Program.” The new funding applies to a long list of products – if they meet certain specifications – as set out in the Annex to the new measure. The funding will apply to these products in use in homes, commercial, and industrial settings.  Checkout the link to see what equipment and services are covered – and what the requirements are to qualify for the reconversion funding: https://lnkd.in/gMvRFdH4 #energyefficiency #climatetech #energytransition #consumerproducts #Argentina #latinamerica #melonlatam #climatefinance #finance

4

As Guatemala's investment environment evolves, investors are increasingly discovering and capitalizing on the country's significant opportunities. Consequently, it becomes imperative to focus on the initiatives undertaken to refine Guatemala’s investment framework. In this paper, we analyze several ongoing reform efforts aimed at enhancing Guatemala's investment climate and propose certain additional recommendations for policymakers. Although these initiatives are still under legislative review, the existence of efforts towards a more sophisticated investment environment is highly positive for both domestic and international investors.

7

Eat one's heart out #COP16, here comes the competition and it's not a parallel event. Stay tuned ...things are about to get interesting. Why? The organizers of this event say that COP16 is “one more episode in the commodification of nature.” They also believe that the negotiations are influenced by the interests of large companies and NGOs financed by transnational #mining and oil companies. Regarding the “Green Zone,” which would be a space for NGOs and the private sector, environmentalists say that it serves more as “bread and circuses” than as a real space for influencing decision-making. Will the protest work for the planet? or against the event? #cali #cop16 https://lnkd.in/ei6wu3UZ

2

2025 will be so easy to implement biophilic agrivoltaic agro-tunnels (prototype for scaling).

1

Thanks to Ms. Diane Quarless, Director of the Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean, for inviting me to participate, as a chair of the Executive Committee of Statistical Conference of the Americas (SCA), in a virtual expert group meeting on Wednesday 26 June to examine issues related to the production and international compilation of statistics on key sustainable development issues for associate member countries (AMCs) of ECLAC. I have the opportunity to address the closing remarks to the participants sharing 3 main points on how the #SCA can help us to strengthen the relationship with the Caribbean region. 1. SCA is the best countries forum to strengthen the leadership of the region in the multilateral level. 2. The process to elaborate a new strategic plan give us the opportunity to stablish specific topics to work together. 3. Address sargassum issues as a region can help us to develop new methodologies and regional standards as well as innovate in methods of collecting data. 📊 #SCA #AMC #ECLAC #caribbean

24

Please check out BIVA's recent podcast below where Orlando Ferreira, our CFO, talks about IDB Invest's new business model. #IDBInvest #IDBITreasury #CapitalMarkets #LocalCurrency #SustainableFinance #LatinAmerica #Caribbean

24

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

14

Amazonía BIO Builders Call for Proposals - Deadline 3rd round: June 15th, 2024 The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in partnership with the Green Climate Fund (GCF), seeks to support the overcoming of technical, financial, and knowledge barriers faced by innovative bioenterprises in the Amazon Basin capable of supporting the reduction of greenhouse gas (GHG) emissions and increasing the resilience of value chains and ecosystems in the Amazon region, in the following target countries: Brazil, Colombia, Ecuador, Guyana, Peru, and Suriname. What type of solutions is the challenge seeking? - Focused on developing and adequately implementing adaptation and mitigation activities to reduce the negative impacts of climate change. - Capable of protecting natural capital in any of these seven sectors: Perennial agriculture; Agroforestry Aquaculture; Plantation forestry; Non-timber natural forest products; Nature tourism; Other ecosystem services - Socially and economically inclusive of poor, low-income, and vulnerable populations; local indigenous and Afro-descendant populations or peasant communities; and emerging economic units, including SMEs with innovative business models geographically located in the Amazon Basin in any of the target countries. - Scalable or replicable, as well as financially sustainable. Who can apply? i) Applicants can be startups with "ready-to-deploy" solutions, small and medium-sized enterprises (SMEs), NGOs, and others with experience in the subject matter of this challenge that support entrepreneurship and/or innovation. ii) Organizations that are legally registered in one of the six target countries where the project will be implemented, which include: Brazil, Colombia, Ecuador, Guyana, Guyana, Peru, and Suriname. iii) Organizations that are legally registered in one of the 48 member countries of the IDB Group and are not from one of the six target countries where the project will be implemented may apply only in partnership with a registered organization located in one of the six target countries where the project will be implemented.   Link https://lnkd.in/ed7WxC9D Contact [email protected] Javier Madariaga #BIOBuilders, #Biodiversity, #ClimateAction, #LatinAmerica, #Caribbean, #Amazonia, #ClimateChange, #ClimateCrisis, #Biotechnology, #Agroculture, #NatureTourism, #Conservation, #CallforProposals, #EmissionsReduction, #Aquaculture

27

2 comentarios

IMPACT INVESTING: ESG IN LATAM The Ministry of Development, Industry, Trade and Services (MDIC) just launched the National Impact Economy System (SIMPACTO) – the same day it published the rule setting up the SIMPACTO. The new system seeks to promote convergence between the federal government, states, and municipalities in order to strengthen the business environment for the impact economy. 💡 As used in this context, “Impact Economy” is an economic modality characterized by the balance between the pursuit of financial results and the promotion of solutions to social and environmental problems, through ventures with a positive socio-environmental impact, which enable the regeneration, restoration and renewal of natural resources and the inclusion of communities, contributing to an inclusive, equitable and regenerative economic system. ➡ At the launch ceremony, the federal government signed its first technical cooperation agreements within the new Impact Economy context with two of the country’s states – Alagoas and Rio Grande do Norte – bring them into the SIMPACTO. Brazil continues to move on sustainability and ESG on all fronts.  #sustainability #esg #impactinvesting #finance #sustainablefinance #sdg #sustainabletaxonomy #brazil #latinamerica #melonlatam 

12

1 comentario