The pandemic crisis illustrates our global economic and social fragility and the damage that could be caused by the climate crisis unless we act decisively now. Latin America and the Caribbean is the second-most disaster-prone region in the world, with over 152 million people affected by 1,205 disasters since 2000. The region is already experiencing climate impacts including … [Read more...] about Developing solutions for climate adaptation and resilience is a business opportunity for SMEs in Latin America and the Caribbean
Environment Climate Change and Safeguards
What does a sustainable recovery look like after COVID-19?
On May 28, IDB President Luis Alberto Moreno hosted an event with Lord Nicolas Stern, professor at the London School of Economics and Political Science, on the importance of climate change policy and what a sustainable recovery from the pandemic could look like. In his introduction, President Moreno said that despite the very difficult challenges countries face to protect … [Read more...] about What does a sustainable recovery look like after COVID-19?
Small and medium-sized businesses are among the most innovative enterprises in building climate resilience
Most people recognize that the climate crisis is upon us. Yet there is still a lack of understanding of how to protect businesses and communities from the impacts of climate change. Climate change is increasing risks and impacts across the world, particularly in developing countries where there is less capacity to adapt. By 2030, studies suggest that the cost of making … [Read more...] about Small and medium-sized businesses are among the most innovative enterprises in building climate resilience
One health, one world
The world is facing an unprecedented health crisis caused by infectious diseases. According to the US National Institute of Health, 60% of all infectious diseases in humans are of animal origin (zoonotic), and they represent 75% of new and emerging diseases. Among the most well-known zoonotic diseases that affect the human population are bird flu, rabies, and brucellosis, … [Read more...] about One health, one world
How can green bonds help to build resilience after COVID-19?
The coronavirus crisis is severely testing the resilience of Latin America and the Caribbean economies and health care systems. At the same time, LAC is extremely vulnerable to climate risks and disasters such as floods, the spread of disease and loss of infrastructure. Governments’ fiscal space is currently being squeezed considerably following weak economic growth combined … [Read more...] about How can green bonds help to build resilience after COVID-19?