Latin America and the Caribbean is highly vulnerable to the risks associated with natural disasters and climate change. This includes slow onset risks like temperature increase evidenced in the heat waves that have affected Argentina, Uruguay, Paraguay and Brazil this year, with record figures, such as the city of Cordoba in Argentina that reached 42.5°C. The region is also … [Read more...] about What is the IDB doing to reduce disaster and climate risks in its operations?
Waves of Change, how the Caribbean countries are shifting the perception of the value of their ocean resources
Big changes to the use and value of marine resources in the Caribbean A few weeks ago, a very significant paradigm shift quietly occurred in the Caribbean in the world of economic growth and environmental sustainability. It happened in the Bahamas and whereas it did not register on any Richter scale, it was a monumental shift in our appreciation of the natural resources … [Read more...] about Waves of Change, how the Caribbean countries are shifting the perception of the value of their ocean resources
3 key learnings from World Oceans Day 2022
On June 8th, the IDB Group held its celebration of World Oceans Day by hosting the event Promoting the Blue Economy in Latin America and the Caribbean. The space brought together key leaders and experts to discuss the importance of safeguarding the health and productivity of the oceans to achieve sustainable development, climate action, and economic recovery in the … [Read more...] about 3 key learnings from World Oceans Day 2022
5 steps to managing risks of retaliation for project-related complaints
Project stakeholder engagement is at the heart of the Bank’s new Environmental and Social Policy Framework (ESPF). But stakeholders’ concerns for their safety, or the safety of their families, can prevent them from speaking out about any grievances they may have. In recognition of this, the ESPF reflects the IDB’s zero tolerance to “retaliation, such as threats, intimidation, … [Read more...] about 5 steps to managing risks of retaliation for project-related complaints
3 reasons why mangroves and coral reefs are critical for risk management
The world's oceans and the impressive biodiversity they contain are a vital part of our planet. They offer essential ecosystem services that are critical to human well-being, such as providing food and water, regulating the Earth's climate, and supporting tourism and recreation. Oceans are also home to two powerful ecosystems that can be key allies in risk management, … [Read more...] about 3 reasons why mangroves and coral reefs are critical for risk management