Climate change is a risk to public and private finances. 2023 was (for now) the warmest year on record, reaching 1.4°C above pre-industrial level. With El Niño raging strong the region grappled with unusually strong droughts, forest fires, hurricanes, and massive floodings with disastrous consequences. At first glance, these events can bring important loss of lives and material … [Read more...] about Climate and Finance Adaptation in Latin America and the Caribbean
Hipólito Talbot Wright
Hipólito is a research consultant in the climate change division of the Inter-American Development Bank, based in the country of Chile. His work focuses on supporting the division's operations in Chile and generating knowledge, where he is currently researching carbon pricing in the region. He is a commercial engineer from the University of Chile, with a master's degree in economics and finance from the Barcelona School of Economics, and more than 5 years of experience in climate change and fiscal management. Previously, he worked as an analyst in the research department of the Budget Directorate of the Ministry of Finance of Chile.
Heat and High Water: 9 Solutions to Adapt to Climate Change
The disastrous hurricane that wiped Acapulco by surprise last October shows that climate change is here, and Latin America and the Caribbean are taking a toll. As global temperatures continue to rise, the region is experiencing more extreme weather events like droughts, floods, and storms, while the consequences of glacier retreat, sea level rise, and species migration continue … [Read more...] about Heat and High Water: 9 Solutions to Adapt to Climate Change
What can Carbon Prices Achieve in Latin America and the Caribbean?
Getting to net-zero emissions is essential to achieve the goals of the Paris Agreement. A key question is how much carbon pricing can help reduce emissions, stimulate low-carbon investment, and fund emission captures. Indeed, carbon pricing generates various expectations. Some expect carbon pricing to incentivize technological change consistent with full decarbonization. Others … [Read more...] about What can Carbon Prices Achieve in Latin America and the Caribbean?