Leveraging additional finance to support the sustainability goals is crucial to address the financial gap for climate and biodiversity challenges in Latin America and the Caribbean. The Inter-American Development Bank is committed to supporting its member countries in achieving their ambitions under the Paris Agreement and the Montreal-Kunming Global Biodiversity Framework, and … [Read more...] about Environmental Finance Recognizes IDB’s Financial Transactions in Barbados and Uruguay
Nature for Latin America and the Caribbean’s prosperity
Forests, mangroves, rivers, marine species, jaguars, flamingos, hummingbirds, and many species inhabit our region. From Chilean Antarctica to Baja California, Latin America and the Caribbean are home to the most extraordinary diversity of species and ecosystems on the planet. We are talking about more than 40% of the world's biodiversity; almost a third of the planet's … [Read more...] about Nature for Latin America and the Caribbean’s prosperity
Climate Change and Biodiversity Loss: Two Sides of the Same Coin
The fact that COP27 occurred on the African continent demonstrated the important role of developing countries in climate adaptation, mitigation (reduction) of greenhouse gases, and combating biodiversity loss - three key elements of the fight against climate change. But unfortunately, the conversation often focuses on the first two, and we cannot leave biodiversity … [Read more...] about Climate Change and Biodiversity Loss: Two Sides of the Same Coin
Strengthening Environmental Institutional Capacity in Barbados as part of the Debt for Nature Transaction Commitments
The role and importance of nature in our lives has become mainstream and governments are considering it for our future. This growing global awareness reveals the strong connections between human health, livelihoods, economic resilience, climate adaptations, and our use of nature. Everyone is talking about it, but most importantly many more are acting on it. Nine philanthropic … [Read more...] about Strengthening Environmental Institutional Capacity in Barbados as part of the Debt for Nature Transaction Commitments
Mainstreaming Natural Capital to Drive Increased Nature-Positive Investments
At this year’s UN Biodiversity Conference in Montreal (COP15), countries are gathering to finalize the post-2020 global framework on biodiversity (GBF). In the landmark agreement, countries are expected to commit to halt biodiversity loss by 2030 and institute a new global plan to deploy resources for the conservation and restoration of nature. The finalization of the framework … [Read more...] about Mainstreaming Natural Capital to Drive Increased Nature-Positive Investments