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Women and Business Agility Summit 2021 : Leadership and Equity
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(Second of four parts)
Last week, we began with an investigation of how different geographies are engaged in Responsible Investment and Sustainable Finance practice. We kicked off with Europe and North America and today we continue with this series, focusing on Latin America before moving on to Africa and then ending with Asia Pacific. Reiterating an earlier caveat, we cannot generalize how an entire nation or population behaves and simply try our best to spot some cultural trends that stand out as we recognize that society plays a role in shaping Responsible Investment (RI) practices.
Latin America is seeing tremendous growth and boasts highly developed stock markets such as Mexico’s BMV, Brazil’s B3, the Chilean Santiago Stock Exchange, and the Colombian Stock Exchange. However, the region is not without its problems. Argentina (which nationalized its local pension funds in 2008) and Venezuela experience a lack of investor confidence due to their economic and political insta