The climate crisis is underway and is increasingly getting hard to ignore. July 2021 joins the one in 2020 as the third warmest July on record globally. Brazil suffered from extremely low temperatures that sent international prices for coffee and sugar higher. Greece went through the worst heatwave since 1987, reaching 46°C in some regions, unleashing devastating wildfires that … [Read more...] about Three ways NDC Invest can help countries of Latin America and the Caribbean deliver ambitious climate and development agendas
National governments are not the only ones increasing their climate action in Latin America and the Caribbean. News at the subnational level is also quite encouraging. Multiple local governments have joined in increasing their climate ambition, recognizing that they are key actors for the implementation of climate change policies and that cities play a leading role in the … [Read more...] about How is climate ambition progressing at the municipal level?
2021 is a make or break year for people and the planet. The international community needs to orchestrate a sustainable recovery from the pandemic while delivering more ambitious commitments to protect nature and ensure a climate safe future. In LAC, there is the added challenge of responding to tough issues such as inequality, poverty and unemployment, which COVID-19 has … [Read more...] about 5 ways countries’ decarbonization and resilience plans matter for sustainable recovery
Chile is progressing under a broad participatory process to design its long-term climate strategy. These strategies, known as LTS, enable governments to define the actions that are required in the long, medium and short term to stop the climate crisis. They aim to maximize the benefits of the transition … [Read more...] about Chile shows that multi-stakeholder participation is key to designing long-term decarbonization strategies
The UN climate summit in Madrid (COP25) is defined as the “Ambition COP”. Around 500,000 people marched in the Spanish capital last Friday, demanding action that responds to the scale of the climate emergency. If left ignored, it will likely lead to profound social, economic and environmental impacts. Increasing ambition refers to the need to enhance Nationally Determined … [Read more...] about How Chile’s new finance strategy can support it achieve carbon neutrality