Climate change will have broad implications on how financial institutions identify, assess, and manage a range of risks and opportunities. Whether in the form of the physical impacts of climate change or transition risks due to the policies and market shifts to stabilize and reduce greenhouse gas emissions– many financial institutions are gradually recognizing the importance of … [Read more...] about Financial Institutions need tools to address climate risks in their portfolios
Climate change
3 key actions to tackle climate change in cities
Two-thirds of the Latin American population live in cities and almost 80% in urban areas. This is how Latin America is positioned as the most urbanized region of the developing world, which means that by the year 2050, nine out of ten Latin Americans will live in cities. Rapid urbanization brings opportunities for subnational governments towards sustainable development. The … [Read more...] about 3 key actions to tackle climate change in cities
Is there an affordable way to make voters love energy price hikes?
Your government wants to increase gasoline prices. Are you in? If you are like most people, the answer is no. You commute using public transport, or maybe you use your own car. Either way, a gasoline price hike may hurt your budget. Research conducted at the Inter-American Development Bank shows there could be an affordable way for governments to make you love gasoline price … [Read more...] about Is there an affordable way to make voters love energy price hikes?
Cattle farming and food security
In a previous blog-post we mentioned some actions that are being carried out by some countries to counteract the negative effects of cattle farming on greenhouse gas (GHG) emissions and deforestation. This time we will analyze the link between beef production and food security in the countries of Latin America and the Caribbean (LAC). In the words of the General Director of … [Read more...] about Cattle farming and food security
Climate Change: A Silent Killer of Trinidad and Tobago’s Economy
While climate change has affected various nations worldwide, it has had significant impacts on small island developing states such as Trinidad and Tobago. This growing phenomenon has not only affected the islands socially, but it has also been a silent killer of its economy. Like many other small islands developing states, Trinidad and Tobago has fallen victim to the rise in … [Read more...] about Climate Change: A Silent Killer of Trinidad and Tobago’s Economy