The new Environmental and Social Policy Framework (ESPF), which has been in force since October 2021, emerged as an opportunity to improve and harmonize environmental and social standards within the IDB Group with those of other multilateral organizations, such as the IFC's Performance Standards on Environmental and Social Sustainability, the World Bank's Environmental and … [Read more...] about 4 facts about IDB’s standard on assessment and management of environmental and social risks and impacts
A regional dialogue towards a Climate-Resilient and Sustainable Blue Economy
Global economies are being redefined, not only regarding size or stage of development but also with respect to ocean and coastal resources. The Blue Economy has emerged as an economic path that promotes resilient economic growth, social inclusion, and the maintenance and improvement of livelihoods while at the same time ensuring the environmental sustainability of marine and … [Read more...] about A regional dialogue towards a Climate-Resilient and Sustainable Blue Economy
3 keys to Increase Nature-Based Solutions in Caribbean Construction Industry
Small Island Developing States (SIDS) in the Caribbean are among the most highly vulnerable countries to climate change hazards which include sea level rise, hurricanes, flooding, droughts, changing rainfall patterns, increased temperatures, and coastal erosion. Investing in Nature-Based Solutions (NBS) is critical for the Caribbean owing to the region’s heightened … [Read more...] about 3 keys to Increase Nature-Based Solutions in Caribbean Construction Industry
A Transformative Approach: IDB and GCF Partnership for Climate Action in Latin America and the Caribbean
We’ve often heard that the window opportunity to tackle climate change is approaching. Well, it is true. According to the IPCC, 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 crisis. The time gap is closing and a “livable and sustainable future for all” could be … [Read more...] about A Transformative Approach: IDB and GCF Partnership for Climate Action in Latin America and the Caribbean
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