Ministries of finance are among the most influential decision-makers for climate action. What is their role? Latin America and the Caribbean need between 470 billion and 1.3 trillion dollars annually to address climate change by 2030. So, how are countries in the region going to finance climate action? How will we secure the necessary funding? Delivering the finance calls … [Read more...] about How will we finance climate action in Latin America and the Caribbean?
Climate change
Accelerating the green fiscal agenda in Colombia
In addition to helping mitigate the climate crisis, addressing climate change in a comprehensive manner has the potential to generate enormous economic and social benefits. In the case of Colombia, progress has already been made in key areas. For example, in 2022, jobs associated with environmental activities related to air and climate protection, wastewater management, as well … [Read more...] about Accelerating the green fiscal agenda in Colombia
How to assess and optimize public climate spending? Exploring options for Latin America and the Caribbean
The unprecedented challenges posed by climate change demand immediate and effective action by governments and finance ministries to address the challenges of mitigation and adaptation. Addressing the climate crisis will require aligning between 7% and 19% of annual GDP, which will represent spending between $470 billion and $1.3 trillion in infrastructure and social spending … [Read more...] about How to assess and optimize public climate spending? Exploring options for Latin America and the Caribbean
Unleashing the Power of Belief: Harnessing Expectations to Reshape Our Climate Reality
Let's analyze your perception of the future: How do you think our planet would be affected by climate change? Would it become a place of chaos and desolation? Or one of innovation and hope? Surprisingly, the reality of desolation or hope will depend not only on our actions, but also on our expectations. Welcome to the exciting world of behavioral economics, where … [Read more...] about Unleashing the Power of Belief: Harnessing Expectations to Reshape Our Climate Reality
Enabling Amazonian Bioeconomy is Essential to Reverse Deforestation and Promote Green Growth
The Amazonian rainforest is on the brink of an ecological tipping point. Relentless deforestation and degradation are to blame, mostly to make way for cattle, soy, palm, and to extract minerals and metals. Over 95% of the deforestation in the Brazilian Amazonia rainforest is illegal. The extraction of commodities and perpetration of environmental crimes is driven by market … [Read more...] about Enabling Amazonian Bioeconomy is Essential to Reverse Deforestation and Promote Green Growth