Getting to net-zero emissions is essential to achieve the goals of the Paris Agreement. A key question is how much carbon pricing can help reduce emissions, stimulate low-carbon investment, and fund emission captures. Indeed, carbon pricing generates various expectations. Some expect carbon pricing to incentivize technological change consistent with full decarbonization. Others … [Read more...] about What can Carbon Prices Achieve in Latin America and the Caribbean?
Picture this. Instead of being stuck in traffic jams, you spend time with family or play football with friends. Instead of spending money on car bills and gasoline, you spend it on a healthy dinner or save it for your next holiday. And instead of getting sick from inhaling fumes and forgetting your city overlooks the Andes, you breathe fresh air and see blue skies. This is … [Read more...] about Walkable cities and electric mobility would mean cheaper transport and cleaner air. Can governments deliver?
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