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
After the pandemic, countries will need to restart their economic engines. This requires supporting businesses and redoubling efforts to protect vulnerable people and their income. It will be a huge effort to pave the way towards a new normal, which must also be a better normal. One way to do things better is to create a net-zero carbon emissions economy. In addition to … [Read more...] about Creating 15 million new jobs for a sustainable recovery and a net-zero emissions future
President Carlos Alvarado together with the first lady, Claudia Dobles, recently presented the Decarbonization Plan of Costa Rica. The plan is based on the Paris Agreement that seeks to limit the increase in global temperature well below 2 ° C above pre-industrial levels. Climate science is clear; to get there we need to reduce net greenhouse gas emissions to zero between 2050 … [Read more...] about How much is it going to cost to decarbonize the transport sector in Costa Rica?