On the role of discount rates when evaluating infrastructure projects, and what happens when a project’s benefits – environmental or those positively affecting a region’s natural capital – come about in the long term. In an unprecedented act of generosity, and in order to promote reading the blog, the undersigned have collected all we had in our pockets to give it away to the … [Read more...] about Project Evaluation and the Role of Discount Rate
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What is holding back the private sector from natural capital investments?
The private sector has an important role to play in improving management of natural capital. The scale of financing needed to address climate change and other environmental challenges requires private sector involvement. A lot of good work has already been done by the private sector and the IDB itself supports private sector investment in natural capital. However, despite … [Read more...] about What is holding back the private sector from natural capital investments?
The Tilapia Wars
At the tip of my running shoe, lying in the dirt, is an empty, crushed, shotgun shell; then another one; and there, in the shrubs, again. I register the fact, but it's too hot, in the sizzling late morning Caribbean sun, to think much about it, busy as I am taking notes, keeping out of trouble and looking for shade. I just wondered for a split second what kind of game people … [Read more...] about The Tilapia Wars
Water for life: The urgent need to protect steep tropical environments
Hectare for hectare, steep and mountainous areas in the tropics are arguably the most environmentally important real estate on the planet. Why? For starters, it’s estimated that a third of the world’s biodiversity lives in mountainous areas, with much of that in the tropics. Mountains—especially tropical mountains—are notoriously rich in locally endemic species that occur … [Read more...] about Water for life: The urgent need to protect steep tropical environments
Living Shorelines: The Space Where Engineering Meets Science
To create a shoreline that reduces erosion while providing habitat for everything from shorebirds to horseshoe crabs, sometimes nature could use a helping hand. Enter engineers and conservationists. During a raging spring downpour, scientists from the Conservancy, ecologists and engineers from CH2M, and wildlife refuge managers from the U.S. Fish and Wildlife Service (USFWS) … [Read more...] about Living Shorelines: The Space Where Engineering Meets Science