Flooding is the most common climate-related disaster in Latin America and the Caribbean, accounting for nearly 60 percent of all weather-related events between 2000 and 2022. These events have affected an average of two million people annually and caused over $30 billion in economic losses. The frequency and intensity of extreme rainfall events have increased significantly, and … [Read more...] about Bridging the Urban Resilience Gap in Latin America and the Caribbean
What does and doesn't work in development
Development Effectiveness and the Promise of Results-Based Financing
Development effectiveness is at the core of many programs and projects. But as Alexandre Meira da Rosa, manager of the Office of Strategic Planning and Development Effectiveness at the IDB, pointed out, achieving intended outcomes does not always occur in a straight line. Development programs have traditionally been conceptualized as sets of products that are delivered to … [Read more...] about Development Effectiveness and the Promise of Results-Based Financing
Lessons from Lockdowns in Colombia: Bridging the Socio-Economic Divide
Latin American cities reflect a spectrum of living conditions as diverse as their landscape. The contrast in living conditions often overlays stark socio-economic differences that have put numerous groups, including Indigenous people, Afro-descendants, people with disabilities, and the low-income working-class, at a disadvantage. This makes it incumbent on policymakers to … [Read more...] about Lessons from Lockdowns in Colombia: Bridging the Socio-Economic Divide
Unlocking the Power of Results-Based Financing to Tackle Development Challenges
Philanthropist, innovator, and social investment pioneer. It is hard to imagine anybody more qualified to talk about how financial markets can enlist capital to achieve development goals than Sir Ronald Cohen, a driving force behind the invention of the social impact bond and the current president of the UK-based Global Steering Group for Impact Investment. Sir Ronald’s … [Read more...] about Unlocking the Power of Results-Based Financing to Tackle Development Challenges
Where Are the Opportunities for Chile to Resume a Growth Path?
Over the last three decades, Chile has stood out by achieving the highest income per capita in Latin America and the Caribbean, in addition to the highest ranking on the Human Development Index in line with average levels of OECD member countries. Chile has also led progress related to the Sustainable Development Goals, ranking 30th worldwide. Despite these advances, Chile … [Read more...] about Where Are the Opportunities for Chile to Resume a Growth Path?