The Inter-American Development Bank may not swim in the exact same pool as commercial banks, but this should still sound familiar: "It's incredible how much time you can waste not having access to information, particularly when you have stakeholders waiting on that information," says Hilary Hoagland-Grey, senior environmental specialist for the IDB in Washington.

To match this urgency for speed to actionable diligence, the IDB recently deployed a tech platform allowing it to quickly and accurately assess, track, report and store detailed data on the sustainability risks of projects it finances in Latin America and the Caribbean. It's also providing an object lesson in using automation to better ensure good funds aren't squandered on bad environmental bets.

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