Latin America has become a global hotspot of the pandemic. The social and economic pain it inflicts only adds to the impacts of the climate crisis. This hurricane season, for instance, is expected to hit the Americas with twice as many major hurricanes of Category 3 or higher than in typical years. By the end of this decade, heat waves alone could destroy the equivalent of 2.5 … [Read more...] about Can carbon pricing help Latin America and the Caribbean engage in a net-zero carbon future?
Last October, the Kenyan long-distance runner, Eliud Kipchoge, did what many had said was impossible. In Prater Park, Vienna, he ran the fastest marathon ever becoming the first person in recorded history to break the two-hour barrier clocking in at 1:59:40. This incredible feat reminds us that the world has its own herculean task to achieve: Limiting global heating to well … [Read more...] about How Kenya’s Eliud Kipchoge can help us get to net-zero emissions by 2050
Latin America and the Caribbean has the cleanest electricity in the world, thanks to the dominant role of hydroelectricity in our region. But the Paris Agreement should still matter to the region's energy ministers. Fossil power plants, particularly those burning natural gas, could be incompatible with the agreement’s goals. We recently published an article in Environmental … [Read more...] about Is there too much natural gas to meet the Paris Agreement’s objectives?
Have you ever wondered what relationship exists between climate change and cash transfer programs? Did you know that through these programs you can fight climate change? Today we publish in the journal Nature Sustainability a study that evaluates how to use cash transfer programs to alleviate the negative impact of carbon taxes on poor and vulnerable households. One of the … [Read more...] about How cash transfers can support the fight against climate change
We often hear that the fight against climate change is one of the most urgent priorities for the region. But consider the case of Ecuador. The country is going through fiscal and social difficulties. Can countries like Ecuador attend all three fiscal, social and environmental priorities at once? While it is not an easy task, a recent IDB study suggests that carefully replacing … [Read more...] about Energy subsidy reform in Ecuador could yield social, fiscal and climate benefits