A 2019 Regional Hurricane Risk Analysis financed by the Inter-American Development Bank (IDB) and undertaken by the firm Ingeniería Técnica y Científica S.A.S de Colombia found that Caribbean island states are indicatively at risk of suffering probable maximum losses of US$56 billion dollars for a probable 100-year cyclone. Typically, Caribbean disaster managers simulate and … [Read more...] about How to Strengthen Hurricane-Response and Recovery in a Global Pandemic
Environment Climate Change and Safeguards
Green Building Certification is Increasingly Accessible in Latin America and the Caribbean
In order to respond to the environmental challenges we face, the building sector has stepped up and has responded with an increase in green or environmentally sustainable buildings. In the current market, there are many systems that assess the environmental conditions of buildings and that, for those that meet certain criteria, make them eligible for recognition through … [Read more...] about Green Building Certification is Increasingly Accessible in Latin America and the Caribbean
The Caribbean can make waves with a blue ocean economy
Countries in the Caribbean tend to have a rough time when it comes to extreme weather like hurricanes. Due to their geography, they’re usually more susceptible to disasters and extreme weather events, have limited access to freshwater and land for agriculture, and scarce development options and international trade opportunities. The climate crisis risks exacerbating this … [Read more...] about The Caribbean can make waves with a blue ocean economy
How to include climate risk in the design of bridges in Haiti
Haiti is one of the countries with the highest risk index for natural disasters in the world and one of the highest indicators of lack of resilience in Latin America and the Caribbean. Year after year, the hurricane season arrives between June and November, generating extreme weather events including rain, strong winds, fast and slow floods, and landslides. Considering only … [Read more...] about How to include climate risk in the design of bridges in Haiti
Four myths about climate risk and financial systems in Latin America
Despite being a relatively new agenda in the region, public and private actors in Latin America and the Caribbean actors are increasingly looking at the growing risks a changing climate brings to financial markets. The Inter-American Development Bank (IDB) has mapped current financial practices responding to climate change in the region, and suggested steps that could be … [Read more...] about Four myths about climate risk and financial systems in Latin America