Why fossil fuels are a bad investment

The panel on “the green revolution” recommended changing evaluation strategies not only because it’s more profitable but also because there’s been a paradigm shift   Buenos Aires – The panel on “The green revolution. Are the banks taking advantage of the business opportunities in sustainable financing?” concluded that the financial sector must encourage investment in renewable energy, not only because they are profitable but also because international public policies are moving toward changing the matrix of traditional energy production in an effort to mitigate the effects of climate change. The panel was convened during the 50th Annual Assembly of the Latin American Federation of Banks (FELABAN). During their presentations, Marcos Brujis, Global Director of Financial Institutions, IFC; María Eugenia Sosa […]


Nature’s Currency: How Biodiversity Credits are Reshaping Conservation

By Victoria Galeano* Imagine sipping your morning coffee in a...

“Latin America, the vision of its leaders” A book by Andrés Rugeles and 100 regional leaders

The Colombian Andrés Rugeles has achieved an almost impossible...

Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]