Tobago is renowned for its sandy beaches, great weather, beautiful tropical landscapes, and friendly people. But the island is also home to transcendent nature-based assets such as the internationally known Buccoo Reef and the Tobago Main Ridge Forest Reserve, the oldest legally protected forest reserve in the western hemisphere. All of these characteristics will be key to a … [Read more...] about Ocean resources are key to a sustainable and resilient recovery in Tobago
Climate change
How is climate change impacting small islands in the Caribbean?
“A 2-degree Celsius rise in global temperature would be a ‘death sentence’ for island and coastal communities”, Prime Minister of Barbados Mia Mottley said during a powerful speech at the World Leaders Summit on the second day of the 26th UN climate summit (COP26) in Glasgow. Mottley highlighted how failure to provide critical climate finance to small island developing … [Read more...] about How is climate change impacting small islands in the Caribbean?
Rethinking private financing of climate action with Chile
A central theme of the talks at the Glasgow climate summit is how countries can mobilize the private sector to finance decarbonization. In a workshop that the IDB group organized with Fundación Chile yesterday , we discussed some solutions – beyond green financial regulations, concessional climate funds, and carbon markets – that are often overlooked in … [Read more...] about Rethinking private financing of climate action with Chile
How the IDB is scaling up support for Nature-Based Solutions in Latin America and the Caribbean
Nature and biodiversity are taking center stage as a critical theme at COP26 in Glasgow. As governments, the private sector, and multilateral institutions seek to raise ambition in their climate commitments, nature-based solutions (NBS) present a key opportunity to both mitigate and adapt to climate change, while also contributing to other priorities such as economic recovery, … [Read more...] about How the IDB is scaling up support for Nature-Based Solutions in Latin America and the Caribbean
Why is COP26 key for Latin America and the Caribbean?
From October 31st through November 12th, the UK will host the 26th Conference of the UN Framework Convention on Climate Change (COP26) in Glasgow. Amid the pandemic, the annual summit will be a key moment in the global efforts to tackle the climate crisis and send strong signals on the implementation … [Read more...] about Why is COP26 key for Latin America and the Caribbean?