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
Latin America has become a global hotspot of the pandemic. The social and economic pain it inflicts only adds to the impacts of the climate crisis. This hurricane season, for instance, is expected to hit the Americas with twice as many major hurricanes of Category 3 or higher than in typical years. By the end of this decade, heat waves alone could destroy the equivalent of 2.5 … [Read more...] about Can carbon pricing help Latin America and the Caribbean engage in a net-zero carbon future?
Without a doubt, the issue of how to get the pandemic under control and post-COVID-19 recovery plans is the world’s top priority. While it is necessary and urgent to address the pandemic, this should not distract us from another threat facing the planet: the climate crisis. The pandemic forced COP26 to be postponed until November 2021 (a summit in which definitive consensus … [Read more...] about How to transform Latin America’s economy towards decarbonization and a better future
For over seven months, we have seen COVID-19 create a severe global economic, social and health crisis. In Latin America and the Caribbean (LAC), the crisis has translated into a tragedy. It is claiming hundreds of thousands of lives and in some countries, citizens remain in confinement for periods of 150 days or more, devastating economies and bringing about a huge toll of … [Read more...] about 3 key actions to create jobs and promote a sustainable recovery
Looking back over the IDB’s last 15 years of improving lives in Latin America and the Caribbean, our support to Costa Rica’s National Decarbonization Plan stands out as a framework for the future. The IDB’s collaboration with the Government of Costa Rica shows how development institutions can effectively promote synergies between advancing countries’ sectorial development … [Read more...] about Costa Rica’s Decarbonization Plan provides a framework for the future