![Mujeres emprendedoras sonriendo. Desarrollo PYME e inclusión - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_3x2_490000_490x327_100/public/2023-05/1.3.5-1-BID-Desarrollo-PYME-e-inclusio%CC%81n.jpg?h=376210c9&itok=QT8oTRuV)
We play a vital role in the development of financial and private sector markets throughout Latin America and the Caribbean. Our expertise includes support for commercial banks and increased competitiveness for private firms, as well as financial inclusion for women and rural populations and climate finance.
![Dos mujeres en una farmacia mirando a la cámara. Salud e inclusión - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_3x2_490000_490x327_100/public/2023-05/1.3.5-2-BID-Salud-e-inclusio%CC%81n.jpg?h=4b9eb16b&itok=GfYaU1tI)
Help improve access to formal financial systems by groups including women-owned businesses, rural populations and micro, small and medium enterprises. Support the strengthening of regulatory frameworks and financial supervision to improve transparency.
Despite the social and economic importance of MSMEs, access to finance remains a fundamental challenge in the LAC region.
![Persona depositando dinero en institución financiera. Desarrollo económico y social - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_5x3_768000_768x461_100/public/2023-05/1.3.5-3-BID-Desarrollo-econo%CC%81mico-y-social.jpg?h=90545d87&itok=GJ2SDvt9)
Connectivity infrastructure is at the forefront of the fourth industrial revolution and holds the potential to increase productivity, stimulate economic growth, and foster social inclusion.
![Vehículo de transporte autónomo en Santiago de Chile. Ciencia y Tecnología - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_3x2_844000_844x563_100/public/2023-05/1.3.5-5-BID-Ciencia-y-Tecnologi%CC%81a.jpg?h=467b3eae&itok=gS27fesR)
The Risk Finance and Insurance Group of the Connectivity, Markets and Finance Division (CMF) plays a leading role in this sector by supporting the region in achieving a more effective ex ante risk financing and transfer strategy, thus helping build the critical resilience capacities to advance towards the path of sustainable development.
![Niña corriendo en la calle de un barrio inundado. Desarrollo social y económico - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/portrait_1x2_410000_410x820_100/public/2023-05/1.3.5-4-BID-Desarrollo-social-y-econo%CC%81mico.jpg?h=31f6f46e&itok=llBUWFEA)
Green finance represents an opportunity for transitioning the Latin America and Caribbean region toward an inclusive and low-carbon economy while also tackling physical climate risks.
![Vista panorámica de parque eólico en medio del campo. Desarrollo económico - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_5x3_768000_768x461_100/public/2023-05/1.3.5-6-BID-Desarrollo-econo%CC%81mico.jpg?h=90545d87&itok=no1X9aGH)
We specialize in the design of financial solutions to structure and mitigate the risk of mobilizing private investments for development.
![Familia con sus perros afuera de su casa. Inversión Social e inclusión - Banco Interamericano de Desarrollo - BID](/sites/default/files/styles/landscape_3x2_844000_844x563_100/public/2023-05/1.3.5-7-BID-Inversio%CC%81n-Social-e-inclusio%CC%81n.jpg?h=31f6f46e&itok=mhkcf1t7)
Watch the story of José Melchor, a Mexican producer who was able to expand his agriculture business, exporting more than 5,000 tons of tomatoes to the world. The assistance of a green bond and a new methodology developed by us, the IDB, and FIRA (Fideicomisos Instituidos en Relacion con la Agricultura) allowed for this expansion and economic growth that is both positive for Mexico and the environment.
Building state capacity to strengthen rule of law, promote innovation and open governments to deliver better citizen services.
Innovation is essential for more productivity and economic progress