This evaluation tracks whether and how the Access to Green Finance (A2GF) program, running in India and Kenya since 2022 with funding from the IKEA Foundation, shifted investor knowledge, perception, and behavior in the waste management and circular economy sector and where those changes can be linked to ANDE's activities versus other factors.

This report presents three case studies commissioned by ANDE as part of the Access to Growth Finance (A2GF) Perception Mapping Evaluation, conducted by Populi LLP.

This study presents a first estimate of the impact investing market in Mexico.

Developed by ANDE in collaboration with GIZ Mexico, it offers an updated overview of the ecosystem, providing insights into trends, key actors, and findings that support better decision-making, as well as the identification of opportunities and gaps.

The Indian Apparel and Textile sector is at an interesting crossroads as the Ministry has set ambitious targets for both international and domestic markets. As the Industry gears up to deliver on these targets, sustainability and circularity become an important lever for the growth and development of the sector. However, this development needs to account for the unique set up of the Indian industry and explore cluster level initiatives. This is the time for the industry to lead the narrative on sustainability and define the roadmap for a collaborative and sustainable development.

This report provides a data-driven situational analysis of the Entrepreneurship Support Organization (ESO) landscape across Costa Rica, El Salvador, Guatemala, Honduras, and Panama. Based on original data from 75 organizations, it reveals an ecosystem anchored in experience but under strain due to chronic financial precarity and fragmented coordination. While ESOs achieve strong programmatic results, a critical gap remains in connecting early-stage ventures to growth capital.

This report provides a comprehensive situational analysis of Colombia's Entrepreneur Support Organization (ESO) ecosystem. Based on data from 36 organizations, it uncovers a seasoned and inclusive landscape anchored by a strong non-profit backbone. However, it also reveals a "scaling cliff" where support evaporates as ventures mature and a significant gap between programmatic success and access to growth capital.

This report presents a comprehensive overview of the Entrepreneur Support Organization (ESO) landscape in Mexico. Developed in collaboration with Bridge for Billions and ANDE, it explores key challenges, opportunities, and trends shaping the entrepreneurial ecosystem in the country.

The ANDE Asia Annual Report 2025 highlights a year of collaboration, learning, and action across the region’s small and growing business (SGB) ecosystem. Amid evolving markets and increasing expectations around impact, inclusion, and climate outcomes, ANDE and its members continued to strengthen entrepreneurial ecosystems through practical capacity building, innovative programs, and strategic partnerships.

From flagship trainings like Investment Manager Training and SCALE 360 to member showcases, research dissemination, Access and Opportunity Learning Lab, and Climate and Environment Learning Lab, the report captures key milestones, member voices, and regional insights that shaped 2025. It also reflects on the collective progress made by ecosystem builders, investors, and partners working together to unlock capital, scale solutions, and drive inclusive economic growth—while setting the stage for deeper collaboration and impact in 2026.

The adoption of Environmental, Social and Governance (ESG) standards is relevant not only because investors are more inclined to consider them in their investment decisions but also due to their potential positive impact on sustainable development. While ESG implementation is still mostly voluntary, governments around the world are increasingly integrating these standards into their legal frameworks. Thus, understanding how the law supports ESG adoption becomes essential. However, the law alone is not sufficient to ensure that companies apply these standards. Investment is also needed to guarantee that the impact of ESG practices is long-lasting. In this paper we present our findings on how legal frameworks of 10 countries support ESG standards implementation, and what funding alternatives are available, particularly to small and medium enterprises (SMEs).

A new report, Just Climate Transitions in Bangladesh: Accelerating Multistakeholder Action in Textile and Apparel and Construction Industries, examines how Bangladesh can pursue low-carbon growth while protecting workers and sustaining competitiveness.
Bangladesh’s economy expanded 24-fold between 1980 and 2023, while GHG emissions rose 176%. The textile, apparel, and construction sectors—representing 74% of industrial GDP, 80% of the industrial workforce, and around half of industrial emissions—sit at the center of a just transition challenge.

Developed with support from the H&M Foundation and Laudes Foundation, and informed by 100+ local and international stakeholders, the report identifies seven interlinked priorities and calls for coordinated action across industry, workers’ organizations, policymakers, development actors, finance, and philanthropy.