We all know that to build more resilient infrastructure, we need to invest more; but how much more is enough? Our last blog showed that the Caribbean islands lose an average 2% of their capital stock in infrastructure because of climate-related events every year. This would be equivalent to having all the infrastructure capital stock in the Caribbean islands … [Read more...] about The cost of (not) building resilient infrastructure in the Caribbean
Javier García
Javier works as energy consultant at the Mining, Geothermal and Hydrocarbon Special Group in the Infrastructure and Energy Department of the Inter-American Development Bank (IDB), based in Washington, DC. In the IDB, he is responsible for the development of high and low enthalpy geothermal projects in Latin America and the Caribbean, as well as for projects promoting the transition towards renewable energy and clean fuels in the extractive sector. He has ten years of experience in the infrastructure and energy sector. Prior to this position, he worked in energy efficiency, rural electrification and renewable energy projects in the IDB and in the World Bank, researched on regulation and business models for battery storage in Endesa, and served as civil engineer for infrastructure projects in Isolux-Corsán. He holds a MSc. in Civil Engineering from the Polytechnic University of Madrid, a Master's degree in the Power Energy Industry from the Comillas Pontifical University, and an MBA from the Spanish Institute for Foreign Trade (ICEX-CECO).
Is it worth it to invest in resilient constructions in the Caribbean? The answer is yes!
The Caribbean islands are among the 25 most-vulnerable nations in terms of climate-related disasters per capita or land area, and climate change is only expected to worsen this scenario. Only in 2020, there were 13 hurricanes in the Atlantic, second highest on record. In addition to human lives losses, these disasters take a deep toll on economic growth: in 2019, hurricane … [Read more...] about Is it worth it to invest in resilient constructions in the Caribbean? The answer is yes!