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
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
Territorial Inequalities in Colombia: Realities and Prospects
Colombia, like many countries in Latin America and the Caribbean, has high levels of inequality, in both in terms of income and the country’s geography. This characteristic has negative implications for its economic growth and the quality of life of its population. Severe income inequality at the national level requires, among other measures, progressive fiscal policies to … [Read more...] about Territorial Inequalities in Colombia: Realities and Prospects
Structural Reforms: New Recipes for Evolving Needs
Becoming a good cook is not easy. It takes burning more than one pan and, hopefully, learning from mistakes. As the needs and preferences of the diners evolve, the same old recipe may no longer work and the cookbook may have to be adapted. The availability of new ingredients, cooking techniques, and kitchen gadgets may also call for innovation in the kitchen, leading to the … [Read more...] about Structural Reforms: New Recipes for Evolving Needs