December 2023 will mark the 8th anniversary of the adoption of the Paris Agreement (PA). Since then, progress has been made toward the treaty’s goals. In Latin America and the Caribbean (LAC), sustainability-linked bonds reported under the Green Bond Transparency Platform over the past two years have achieved the avoidance/reduction of over 36.5M tCO2, - a figure roughly … [Read more...] about It Takes a Village: Innovation and Change in the Pathway Toward Paris Agreement Alignment
Paris Alignment: An Opportunity to Strengthen Economies with Low-Carbon and Climate-Resilient Investments
Last November, delegations from 197 countries gathered in Glasgow for the United Nations Climate Change Conference (COP26). During the summit, the IDB Group announced an aspirational target to align all its loans and projects with the Paris Agreement (PA) by the start of 2023. To explain what this means, let us return to one of the PA’s main objectives: to ensure a pathway … [Read more...] about Paris Alignment: An Opportunity to Strengthen Economies with Low-Carbon and Climate-Resilient Investments
Three ways to maximize sustainable investment for a climate-resilient post-COVID-19 recovery
In the process of recovering from the devastating impacts of the COVID-19 crisis, accelerating climate action can help unlock robust opportunities for a sustainable, inclusive, and resilient economy. As demonstrated by a mounted of evidence, investing in a low-carbon and climate-resilient development can generate socio-economic and environmental benefits by increasing economic … [Read more...] about Three ways to maximize sustainable investment for a climate-resilient post-COVID-19 recovery