Climate change is one of the main systemic and complex challenges the global community is dealing with in this century. Although countries are increasing their climate ambitions and more climate action momentum is visible recently, the world is still on a catastrophic pathway to global … [Read more...] about How NDC INVEST is powering climate action in Latin America and the Caribbean
Are Latin America’s fossil fuels at risk of becoming stranded assets this decade?
The recent apocalyptic image of the ocean on fire in the Gulf of Mexico following a raptured gas pipeline was reminiscent of the Lord of the Rings. Yet the world’s reliance on fossil fuels and their disastrous impact on global warming and the environment is far from fantasy. The burning of coal, oil and gas is the dominant source of greenhouse gas emissions driving the … [Read more...] about Are Latin America’s fossil fuels at risk of becoming stranded assets this decade?
Barbados demonstrates climate leadership with an ambitious updated NDC
The recently released 6th Assessment Report of the IPCC has provided further insights on climate science and they confirm the projections being shared for some years. Along with the clear message that human influence has warmed the climate at a rate that is unprecedented in the last 20,000 years, the report underlines that climate change is already affecting every inhabited … [Read more...] about Barbados demonstrates climate leadership with an ambitious updated NDC
Protecting all life on Earth: sustainable management of biodiversity in projects
Latin America and the Caribbean is a biodiversity superpower, with around 60% of the world’s terrestrial species found in the region. This abundant natural capital provides important benefits for human development and impacts on biodiversity can adversely affect the delivery of ecosystem services. The Environmental and Social Performance Standard 6 (ESPS 6) of our new … [Read more...] about Protecting all life on Earth: sustainable management of biodiversity in projects
Are carbon markets a solid mechanism to ensure the Paris Agreement’s success?
The Paris Agreement rulebook has yet to be finalized in Glasgow. COP26 will have to ensure negotiations deliver on rules that will operationalize market and non-market mechanisms for the mitigation of GHG emissions, namely finalize Article 6 of the Paris Agreement. The use of carbon markets as a mechanism to reduce/compensate Greenhouse Gas (Ghg) emissions has been included … [Read more...] about Are carbon markets a solid mechanism to ensure the Paris Agreement’s success?