A recent study published by Nature has estimated that climate change will reduce future global income by about 19% ($38 trillion a year ) in the next 25 years, and underlined that the most socially and economically vulnerable countries will be hit the hardest. Given their vulnerability, but also their concrete climate commitments, countries in Latin America and the … [Read more...] about Enhancing Climate Ambition Through Increased Transparency and Open Data in LAC
3 Projects to Celebrate International Oceans Day
International Oceans Day is a reminder of the importance of this ecosystem. The ocean covers more than 70% of the Earth's surface, generates half of the oxygen we breathe and absorbs at least a quarter of the carbon dioxide emitted by human activity. They are also a vital source of food, energy and natural resources for millions of people worldwide. However, the oceans face … [Read more...] about 3 Projects to Celebrate International Oceans Day
Environmental Finance Recognizes IDB’s Financial Transactions in Barbados and Uruguay
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
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
Five Recommendations to Better Support Long-term Adaptation Planning in LAC
The Paris Agreement, ratified by 193 parties, including all countries in Latin America and the Caribbean, aims to strengthen the global response to climate change including by increasing the ability of countries to adapt to the adverse impacts of climate change and foster climate resilience and by making finance flows consistent with a pathway towards climate-resilient … [Read more...] about Five Recommendations to Better Support Long-term Adaptation Planning in LAC