WHAT THE MIF IS DOING
The MIF fosters scalable, SME-led innovations that contribute to solving urban problems in Latin America and the Caribbean by creating economic opportunities for small and growing businesses that benefit vulnerable populations. We support sustainable urban growth through business creation, water and sanitation, citizen security, and basic services, using approaches such as:
- Smart cities and citizen engagement: Harnessing information to save money, time, and space while also making people safer and more productive.
- Sharing economy and collaborative consumption: Piloting new approaches that increase access to goods and services.
- Circular economy and urban mining: Going beyond traditional recycling models to maximize the reuse, maintenance, refurbishment, and remanufacturing of components and products.
- Climate change adaptation & mitigation: Leveraging private sector creativity and public-private partnerships to address the stress rapid urbanization places on natural resources.