The celebration of World Water Day on March 22 provides a good opportunity to reflect on the needs of users, the importance of water resources for the maintenance of ecological functions and the value of having digital tools such as HydroBID to assess and establish measures to ensure a sustainable management of the resource. Latin America and the Caribbean account for one … [Read more...] about HydroBID: digital tools for environmental impact assessment of ecosystem services
Environmental and Social Safeguards
How to create a stakeholder map for your project (Part 1/2)
Undertaking an ongoing and transparent process to engage all the stakeholders of a development project is a key element for making informed decisions and to achieve good governance. Part of this work relies on mapping the parties involved with a particular project, and defining an appropriate and inclusive format that promotes the active and ongoing participation of these … [Read more...] about How to create a stakeholder map for your project (Part 1/2)
Managing environmental and social risks in supply chains
In recent years, there has been an increasing focus on environmental and social risks in global supply chains. In fact, it is often in project supply chains, rather than direct project activities, where the most significant risk of undetected adverse environmental and social impact exists, such as risks related to forced labor and the biodiversity impacts that may come from the … [Read more...] about Managing environmental and social risks in supply chains
Let’s talk about climate change transition risks…
Global warming is already at the dire halfway point to the 2°C limit set by the Paris Agreement. According to the Intergovernmental Panel on Climate Change (IPCC), to meet the 1.5°C target, global CO2 emissions need to be reduced by 45% from 2010 levels by 2030 and reach net-zero emissions by 2050. As low-carbon policies, technology, and market shifts become stronger, the … [Read more...] about Let’s talk about climate change transition risks…
How to manage human rights risks in development projects
The concept of human rights is something which is well understood throughout the world and enshrined in the laws of almost every country. Additionally, within Latin America and the Caribbean, many states have ratified strong regional human rights standards. Human rights are also central to the IDB’s mission of improving lives and bringing sustainable development to the region, … [Read more...] about How to manage human rights risks in development projects