Partnerships are pivotal in advancing the climate, biodiversity, and natural capital agenda in Latin America and the Caribbean (LAC). They foster cooperation among diverse stakeholders to address complex development challenges while unlocking the region’s full potential. By forging alliances between governments, international organizations, civil society, academia, and the … [Read more...] about Advancing Climate and Biodiversity Action: The Impact of IDB-IKI Partnership
How to Transition to Nature-Positive Economies?
Latin America and the Caribbean play a crucial role in the transition to nature-positive economies. But what does this mean? It involves promoting an economic model that not only minimizes negative environmental impacts but also actively contributes to the regeneration and conservation of ecosystems. This approach is based on the idea that economic activities can and should be … [Read more...] about How to Transition to Nature-Positive Economies?
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
Can investing in nature save us from ourselves?
Nature is humanity’s most important asset. It provides us with the raw ingredients for most modern medicine, the air we breathe and the food we put on our tables. All economic activities also fundamentally rely on these services to some extent, with estimates suggesting that a massive USD 44 trillion – over half of global GDP— of the global economy is highly or moderately … [Read more...] about Can investing in nature save us from ourselves?
Costa Rica’s Decarbonization Plan provides a framework for the future
Looking back over the IDB’s last 15 years of improving lives in Latin America and the Caribbean, our support to Costa Rica’s National Decarbonization Plan stands out as a framework for the future. The IDB’s collaboration with the Government of Costa Rica shows how development institutions can effectively promote synergies between advancing countries’ sectorial development … [Read more...] about Costa Rica’s Decarbonization Plan provides a framework for the future