Nature is humanity’s most important asset. It provides us with the raw ingredients for most modern medicine, the air we breathe and the food we put on our tables. All economic activities also fundamentally rely on these services to some extent, with estimates suggesting that a massive USD 44 trillion – over half of global GDP— of the global economy is highly or moderately … [Read more...] about Can investing in nature save us from ourselves?
4 key points to achieving carbon neutrality and avoiding greenwashing
2020 was the hottest ever on record, according to NASA. We are increasingly feeling the impacts of this climate crisis from unprecedented wildfires to catastrophic hurricanes. To avoid even worse climate impacts, the Intergovernmental Panel on Climate Change (IPCC) says we need to stabilize global temperature below 2°C, which requires CO2 emissions to be reduced to zero. … [Read more...] about 4 key points to achieving carbon neutrality and avoiding greenwashing
Three things you need to know about the IDB’s new Environmental and Social Policy Framework
Latin America and the Caribbean have made great progress in the sustainability agenda in the last twenty years. These advances include the adoption of the Equator Principles among leading financial institutions in the region, the adoption by borrowing countries of modern labor standards in cooperation with the International Labor Organization (ILO), and the Escazú Agreement, … [Read more...] about Three things you need to know about the IDB’s new Environmental and Social Policy Framework
Assessing social impacts, do you know how?
Imagine you are working on the IDB's Flood Risk Reduction Program, a project which seeks to improve the country's resilience to climate change by reducing the risk of floods in peri-urban areas in the Andes. The program includes studies that consider the effects of climate change and, based on the results, the identification, design and execution of works to reduce risk and … [Read more...] about Assessing social impacts, do you know how?
Why marine protected areas are important policy instruments, but not the ultimate solution
Although Marine Protected Areas (MPAs) are an important policy instrument to ensure biodiversity conservation in coastal and marine areas and to help marine ecosystems adapt to climate change impacts, they should be regarded only as one of the tools within a comprehensive policy and regulatory framework. Many environmental institutions in Latin America and the Caribbean (LAC) – … [Read more...] about Why marine protected areas are important policy instruments, but not the ultimate solution