Latin America and the Caribbean (LAC) has been making progress in the development of the thematic bond market. This should not be a surprise, since green and social bonds, in addition to being a financial debt instrument that contributes to sustainable and inclusive development in the region, provide an excellent opportunity for investors to mobilize resources for initiatives … [Read more...] about Green and Social Bonds in Colombia: five questions and answers
One of the main challenges for our cities is obtaining sufficient financial resources to adequately provide their public services. Over the last few months we have been sharing several alternatives, such as strengthening fiscal capacity, diversifying funding sources, attracting private sector investment or improving the planning and execution of projects to promote … [Read more...] about Why are real estate funds a good alternative for financing urban renewal projects?
First steps for the implementation of land management instruments in Peru The sustainable development of cities in Latin America and the Caribbean (LAC) has a base on Transit-Oriented Development (TOD). Still don't know what TOD is? Don't worry, in this blog we explain the concept, and show you how in Peru, with the support of the IDB, the first steps are being taken to … [Read more...] about Proposals for Implementing Transit-Oriented Development in Lima
There are many ways to preserve heritage neighborhoods or ecological spaces in Latin American and Caribbean (LAC) cities. Nevertheless, when the owners of the buildings or plots can get an additional benefit for it, it means that the conservation tool we are using is the transfer of development rights (TDR).In today's article we invite you to learn how TDR works and why it is a … [Read more...] about What are the benefits of Transfer of Development Rights?
As Latin American and Caribbean (LAC) cities grow, so do their needs for adequate and sustainable infrastructure. Whether building a new mega-project, or regenerating a run-down urban area, as in the cases of Bilbao and Washington DC, the region's cities need financing to meet the costs of such works. Consequently, the mayors of the cities of LAC face a big budgetary … [Read more...] about How to finance urban development megaprojects?