Affordable housing is that in which citizens or families can live in security, peace and dignity. Although it is a right enshrined in Article 25 of the 1948 Universal Declaration of Human Rights, almost half of the population of Latin America and the Caribbean (LAC) still lacks access to it. How can this problem be solved? At the Inter-American Development Bank (IDB), we are … [Read more...] about Six innovative alternatives to reduce the housing deficit in Latin America
There are few things that improve people's quality of life more than having access to decent housing. However, the deficit of this type of housing in Latin America and the Caribbean (LAC) is currently more than 45% and it is estimated that it could reach 90% in 2050 if nothing is done to fix it. Closing the current housing gap in the region will require an investment of at … [Read more...] about Can financial innovation reduce the housing deficit?
Latin America and the Caribbean (LAC) is the second region in the world most exposed to natural disasters and the effects of climate change. Adapting to them is an urgent need for everyone, and very special for cities, where more than 80% of the population lives. Having the appropriate urban infrastructure for natural phenomena is one of the best ways to achieve this … [Read more...] about Why is it necessary to finance climate-resilient housing?
Before COVID-19 came into our lives, no one could have imagined that for many of us, the world would be largely reduced to the four walls of our home for almost two years. Lockdown underscored just how important our homes are for our quality of life and the urgent need to guarantee access to housing for all, especially in Latin America and the Caribbean (LAC), where there is an … [Read more...] about Why should the private sector get involved in the development of green housing?
In Latin America and the Caribbean (LAC), the housing demand is greater than the supply of decent housing. This is what is known as housing deficit. This deficit can be both quantitative and qualitative. The former measures the need of households for new housing. The qualitative deficit, on the other hand, is made up of housing units in poor condition and/or those that need … [Read more...] about How to reduce the housing deficit in Latin America and the Caribbean with inclusive and resilient solutions?