Evaluating the economic effects of public investments is highly necessary. Through this, both national and subnational governments can understand the evidence of the potential economic, social, and financial benefits that may result from the projects to be funded. These evaluations, beyond assessing economic returns, show us how territorial investments catalyze regional and … [Read more...] about Innovating in the assessment of regional economic impact: case study of the Colonial City
Resilient Urban Planning to Climate Change, the IDB’s Commitment to the Colonial City of Santo Domingo
The proximity of urban centers to the coast makes our Caribbean cities vulnerable to rising sea levels and the increasingly devastating effects of storms. In the Dominican Republic, 25% of the built-up area between 1995 and 2015 is located within three kilometers of the coast, making these areas highly exposed to climate events such as hurricanes and floods. This affects not … [Read more...] about Resilient Urban Planning to Climate Change, the IDB’s Commitment to the Colonial City of Santo Domingo
Three strategies to adapt social housing to the effects of climate change
The future is already here. The effects of global climate change are being felt severely in Latin America and the Caribbean (LAC): for example, forest fires are becoming more frequent, periods of drought are longer, and the duration and intensity of tropical storms have increased. Climate change threatens the future of our planet, but there is still time to adapt to it and … [Read more...] about Three strategies to adapt social housing to the effects of climate change
Why are real estate funds a good alternative for financing urban renewal projects?
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?
How can municipal funds contribute to Latin America and the Caribbean’s development?
Latin America and the Caribbean (LAC) has more than 17,500 subnational governments that are responsible for approximately 25% of total public administration spending. Among subnational governments (provinces, municipalities, etc.), cities are closest to the citizens, and therefore, they ar responsible to cover their most basic needs. In addition, cities are called to lead the … [Read more...] about How can municipal funds contribute to Latin America and the Caribbean’s development?