Following the Covid-19 pandemic, countries have been left with unprecedented rising debt levels, higher interest rates and diminished growth projections. Even though public funds are constrained, countries have agreed to ambitious targets to protect and conserve 30% of marine and terrestrial ecosystems in the Kunming-Montreal Global Biodiversity Framework as well as continue to … [Read more...] about How multilateral development banks can catalyse climate transformation
Climate change
The $2.7 Trillion Reason to Decarbonize
Climate catastrophes are devastating lives and economies at an alarming pace. This year is the hottest on record, at 1.4°C above preindustrial levels. Combined with a strong El Niño, global warming brought devastating heat waves, floods, wildfires, and hurricanes. Against this dire backdrop, the UN reminds global leaders that pledges to curb emissions remain “critically … [Read more...] about The $2.7 Trillion Reason to Decarbonize
Concessional Resources to Accelerate Climate Action
The next decade is critical to see whether countries can move fast enough to implement plans to adapt to this increasingly complex challenge: the climate and biodiversity crisis. The LAC region benefits from accessing donor resources to address climate change's challenges in their economies, finding ways to increase ambition, and searching for solutions to tackle … [Read more...] about Concessional Resources to Accelerate Climate Action
Can Latin America and the Caribbean Attend Climate Change and Development Challenge in Parallel?
Climate change threatens lives and economic development in Latin America and the Caribbean. We all heard the news; the earth is warming fast. Scientists said that a surge of heat compromised North America to Antarctica in early July. Tropical Storm Bret hit the eastern Caribbean islands, resulting in torrential rainfall, landslides, and flooding. Air … [Read more...] about Can Latin America and the Caribbean Attend Climate Change and Development Challenge in Parallel?
The Farewell of the Glaciers: How Global Warming is Transforming Disaster Risk in the Peruvian Andes
It is not something that most people have very much in mind, but we are among the last generations that will have the rare privilege of seeing the glaciers in the Andes. The most recent estimates suggest that important Andean glaciers could disappear or recede significantly over the course of the next century; some could lose between 78 and 97 percent of volume in the next 80 … [Read more...] about The Farewell of the Glaciers: How Global Warming is Transforming Disaster Risk in the Peruvian Andes