Economic Opportunity Accelerator of the IDB Group
OpportunA is an economic opportunity accelerator that promotes reforms, partnerships, and solutions for a more competitive and productive growth in Latin America and the Caribbean. It works with governments, the private sector, and other actors to expand access to employment, entrepreneurship, and other economic opportunities.
How does it do it?
- Public-private dialogue
- Inter-institutional coordination
- Network Generation
- Mobilization of resources and technical capacities
Latin America and the Caribbean has enormous potential to boost economic growth through greater economic participation in the labor market and entrepreneurship. However, gaps persist that limit this potential and reduce the competitiveness of the region.
- 58% Women's labor participation in the region, compared to 70% in high-income countries.
- Up to 30% Potential GDP growth by closing the gap in labor participation.
- Up to 15% Potential increase in per capita income by closing the gap in entrepreneurship.
Our Legacy
OpportunA builds on more than 10 years of experience of the Gender Parity Accelerators, an initiative of the IDB Group in collaboration with the World Economic Forum (WEF) and the French Development Agency (AFD), which has promoted public-private partnerships to expand economic opportunities in the region.
OpportunA contributes to accelerating systemic changes by promoting reforms, strengthening capacities, generating knowledge and articulating strategic alliances
- Public policies Driving evidence-based reforms and regulatory frameworks
- Good business practices Promoting more inclusive and competitive environments
- Institutional strengthening Capacity building and tools.
- Knowledge generation Production of evidence to inform decisions and guide public policies.
More than $5 million mobilized in technical cooperation through the Gender Parity Accelerators in 10 years.
Strengthening and expansion of the Safe Spaces (Espacios Seguros) program for safer and more inclusive environments for women.
Good business practices and strengthening women-led businesses to expand economic opportunities.
Implementation of the Companies without Harassment (Empresas sin Acoso) tool, aimed at preventing and addressing violence and harassment in the workplace.
Child care solutions in industrial parks, to facilitate women's economic participation.
Evidence on the participation of women in management and executive positions to guide actions and policies that promote female leadership.
Discover the topics in which we work to improve lives in Latin America and the Caribbean.
Explore our offices across countries and the work they do to improve lives.