Latin America and the Caribbean are invaluable havens of biodiversity in the world. They harbor the greatest diversity of species and ecosystems on the planet, a quarter of the mangrove forests, and half of the tropical forests (UNEP-WCMC, 2016; Bovarnick et al., 2010). According to FAO, the region has a total of 935.5 million hectares of forest land. Forests are true … [Read more...] about International Day of Forests: Guardians of the Environment and Biodiversity
nature-based solutions
How multilateral development banks can catalyse climate transformation
Following the Covid-19 pandemic, countries have been left with unprecedented rising debt levels, higher interest rates and diminished growth projections. Even though public funds are constrained, countries have agreed to ambitious targets to protect and conserve 30% of marine and terrestrial ecosystems in the Kunming-Montreal Global Biodiversity Framework as well as continue to … [Read more...] about How multilateral development banks can catalyse climate transformation
The $2.7 Trillion Reason to Decarbonize
Climate catastrophes are devastating lives and economies at an alarming pace. This year is the hottest on record, at 1.4°C above preindustrial levels. Combined with a strong El Niño, global warming brought devastating heat waves, floods, wildfires, and hurricanes. Against this dire backdrop, the UN reminds global leaders that pledges to curb emissions remain “critically … [Read more...] about The $2.7 Trillion Reason to Decarbonize
Can Latin America and the Caribbean Attend Climate Change and Development Challenge in Parallel?
Climate change threatens lives and economic development in Latin America and the Caribbean. We all heard the news; the earth is warming fast. Scientists said that a surge of heat compromised North America to Antarctica in early July. Tropical Storm Bret hit the eastern Caribbean islands, resulting in torrential rainfall, landslides, and flooding. Air … [Read more...] about Can Latin America and the Caribbean Attend Climate Change and Development Challenge in Parallel?
It Takes a Village: Innovation and Change in the Pathway Toward Paris Agreement Alignment
December 2023 will mark the 8th anniversary of the adoption of the Paris Agreement (PA). Since then, progress has been made toward the treaty’s goals. In Latin America and the Caribbean (LAC), sustainability-linked bonds reported under the Green Bond Transparency Platform over the past two years have achieved the avoidance/reduction of over 36.5M tCO2, - a figure roughly … [Read more...] about It Takes a Village: Innovation and Change in the Pathway Toward Paris Agreement Alignment