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Post in Climate change

Monos en la selva
Want Global Solutions on Climate? Look at Latin America and the Caribbean

Two unseen takeaways from COP28. One, our region is recognized as a hub of innovation on climate action. And two, the private sector seems more committed than ever to making it happen. 

A scuba diver swims along a sea turtle
Maximiliano Bello: "If we did not extract the fish from the sea, what could be its value?"

Can oceans be sustainably managed? How can we engage the private sector in these efforts? What role should multilateral institutions play? These are some of the concerns addressed by Maximiliano Bello, an international ocean policy expert, in an interview with Silvia Dangond Gibsone, communicator of IDB Invest. 

Plant sprouts on coins
What does it take to address the large climate adaptation financing gap in Latin America and the Caribbean?

The region has a significant adaptation finance and investment gap ranging from $18 to $51 billion annually. Taking action now could reduce the vulnerabilities of businesses, increase the resilience of human and natural systems, and bring several additional benefits.

Image of a panoramic view of a river in a forest region
Facilitating Successful Climate Action for Latin American and Caribbean Small and Midsized Businesses 

Businesses that manage and reduce their greenhouse gas (GHG) emissions have the opportunity to lower their production costs, become more efficient, develop resiliency against the impacts of climate change, and access markets with environmental demands and regulations.  

Central de energía eólica
Innovative Incentives for Early Coal Plant Phase Out: The case of Engie in Chile

An example of how carbon markets can be a useful tool to accelerate the energy transition process in Latin America and the Caribbean.

Image of a road in Latin America
For Earth Day, Nature-Based Solutions in Private Sector Infrastructure Projects

Several studies have shown that Nature-Based Solutions in private sector projects provide meaningful societal benefits for climate and social resilience, as well as ecosystem health.