“Vision without action is merely a dream. Action without vision is merely passing time. But vision with action can change the world,” said Prime Minister Mia Amor Mottley. These powerful words underline the country's commitment to deliver results and ensure we win the climate change battle, as Barbados has no choice. In a world where the effects of climate change are becoming … [Read more...] about Barbados: Turning vulnerability into climate action
Supply Chain Risks and Challenges in Financial Intermediation
Global supply chains are the fundamental basis of economic development worldwide. Through a complex and organized structure, they aim to boost the production and trade of productive activities. In the member countries of the Organization for Economic Co-operation and Development (OECD), the logistics sector represents 10% of GDP on average. According to the Economic Commission … [Read more...] about Supply Chain Risks and Challenges in Financial Intermediation
Enhancing Climate Ambition Through Increased Transparency and Open Data in LAC
A recent study published by Nature has estimated that climate change will reduce future global income by about 19% ($38 trillion a year ) in the next 25 years, and underlined that the most socially and economically vulnerable countries will be hit the hardest. Given their vulnerability, but also their concrete climate commitments, countries in Latin America and the … [Read more...] about Enhancing Climate Ambition Through Increased Transparency and Open Data in LAC
Strengthening National Environmental and Social Licensing and Inspection Systems in Latin America and the Caribbean
The Inter-American Development Bank (IDB), through its Environmental and Social Solutions Unit, has been organizing the Regional Dialogues on Environmental and Social Policy (RPD) for over ten years. The aim of this initiative is to promote the strengthening of the region's national environmental and social licensing and inspection systems through several priorities by … [Read more...] about Strengthening National Environmental and Social Licensing and Inspection Systems in Latin America and the Caribbean
Four Things You Should Know about the Standard for the Evaluation and Management of Environmental and Social Risks and Impacts
The new Environmental and Social Policy Framework (ESPF), in force since October 2021, represents an opportunity to improve and harmonize the IDB Group’s environmental and social standards with those of other multilateral organizations such as the International Finance Corporation’s Performance Standards on Environmental and Social Sustainability, the World Bank’s … [Read more...] about Four Things You Should Know about the Standard for the Evaluation and Management of Environmental and Social Risks and Impacts