Climate catastrophes are devastating lives and economies at an alarming pace. The combined effect of greenhouse gases and a strong El Niño made 2023 the hottest year ever, 1.4°C above preindustrial levels, bringing devastating heat waves, floods, wildfires, and hurricanes. Against this dire backdrop, the UN reminds global leaders that pledges to curb emissions remain … [Read more...] about The Region Is Asked to Decarbonize. Does it Make Economic Sense?
The Intergovernmental Panel on Climate Change (IPCC) recently released the synthesis report of its sixth assessment report, which provides an overview of the state of knowledge on climate change. What are more than 200 scientists saying about the risks of climate change? They are warning yet again about the critical challenges associated with rising temperatures. But a key … [Read more...] about Where There is Hope, There is Opportunity For Low-Carbon and Climate-Resilient Economies in Latin America and the Caribbean
We are in a global and systemic transformation. Global temperatures have already risen by 1.1 degree, and we are seeing intensified droughts and wildfires in the southern cone and more frequent and violent hurricanes in the Caribbean and Central America. At the same time, we are living in the sustainability revolution with impact and scale like the industrial revolution. Global … [Read more...] about Responding to Climate Change: Challenges and Opportunities in LAC
In 2022 efforts to address the climate crisis need to be redoubled. 2021 has been the 7th consecutive year where the global temperature has been over 1°C above pre-industrial levels. Governments are expected to push forward their plans to achieve the net-zero global target by 2025. Last November, COP26 finally took place in Glasgow amid a complex COVID-19 situation. Several … [Read more...] about Key sectors and COP26 results that will guide the IDB’s climate agenda in 2022
The consequences of the climate crisis are being experienced around the world. From intense flooding in Turkey and China, scorching heatwaves across the United States, to deadly wildfires in Greece. Extreme weather events have become more intense and more frequent – and it’s only expected to get worse. Earlier this week the Intergovernmental Panel on Climate Change (IPCC) … [Read more...] about Latin America and the Caribbean has an opportunity to avert climate catastrophe