National governments are not the only ones increasing their climate action in Latin America and the Caribbean. News at the subnational level is also quite encouraging. Multiple local governments have joined in increasing their climate ambition, recognizing that they are key actors for the implementation of climate change policies and that cities play a leading role in the … [Read more...] about How is climate ambition progressing at the municipal level?
Electromobility as a key element for post-COVID-19 recovery in Chile
The current health crisis forced the Chilean capital, like the rest of the world, to stop. This pause allowed Santiago to immediately experience the benefits of much better air quality. During the first weeks of April, the low use of fossil fuels resulted in a 29% reduction in PM 2.5 and a 71% reduction in Nitrogen Oxide. Thus, seeking to preserve good air quality, in tune … [Read more...] about Electromobility as a key element for post-COVID-19 recovery in Chile
Can investing in nature save us from ourselves?
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