The use of security personnel to protect the communities and assets related to a project is a common practice in Latin America and the Caribbean, a region where 43% of the population says they are constantly afraid of being victims of a crime. The decision to hire security personnel usually arises after assessing the risks that threaten human security and assets related to … [Read more...] about How can we manage the social risks associated with the use of security personnel in projects?
Environmental and Social Safeguards
At the beginning of a project, we ask ourselves how it will improve the lives of beneficiaries. When these beneficiaries will be Indigenous Peoples, we also ask ourselves how development benefits and opportunities should be promoted in a culturally appropriate manner. This is precisely one of the objectives of the Environmental and Social Performance Standard on Indigenous … [Read more...] about What does our new Environmental and Social Policy Framework entail for a project with Indigenous Peoples?
If we continue to consume at the current rate, in a few years we will need resources equivalent to three planets to sustain us. How can we avoid this forecast? The crisis we are facing with the COVID-19 pandemic has revealed the vulnerability of the current economic system. Our recovery requires a drastic change in our production and consumption patterns for a circular model … [Read more...] about Circular economy: now or never
Latin America and the Caribbean have made great progress in the sustainability agenda in the last twenty years. These advances include the adoption of the Equator Principles among leading financial institutions in the region, the adoption by borrowing countries of modern labor standards in cooperation with the International Labor Organization (ILO), and the Escazú Agreement, … [Read more...] about Three things you need to know about the IDB’s new Environmental and Social Policy Framework
Imagine you are working on the IDB's Flood Risk Reduction Program, a project which seeks to improve the country's resilience to climate change by reducing the risk of floods in peri-urban areas in the Andes. The program includes studies that consider the effects of climate change and, based on the results, the identification, design and execution of works to reduce risk and … [Read more...] about Assessing social impacts, do you know how?