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Posts by Climate change

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Sustainable Energy & Infrastructure As Components of Economic Recovery

COVID-19 is not helping to curb climate change despite a moderate decrease in pollution due to less industrial activity and transportation, but it allows us to rethink energy policy decisions that will have a relevant, decades-long impact on the climate, and should help mitigate the problem.

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Three Ways In Which the Tourism Industry Can Help Build Climate Resilience in the Caribbean

As the Caribbean emerges from the pandemic, tourism stakeholders can embrace initiatives to increase climate change resilience through a focus on the environment, local communities, and value chains.

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Sahara Dust Storms in the Caribbean, a Hazard For Both Humans and Coral Reefs

Saharan dust plumes are ramping up over the Caribbean region, creating health hazards that are particularly dangerous for those with their health compromised by COVID-19 or other problems. This is clear evidence that the region is not isolated from the effects of climate change elsewhere.

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Addressing Climate Risk: Five Steps to Get Started

The pandemic has given us all a crash course in dealing with crises, becoming a sneak peak into what a man-made global disaster that disproportionately impacts the poor and vulnerable can cause. Climate change can be very similar, and knowing how to navigate and gauge its risks even harder.

Four insights for banks willing to seize sustainable finance opportunities
Four insights for banks willing to seize sustainable finance opportunities

Attitudes towards environmental, social and governance factors are changing across the investment and lending community in Latin America and the Caribbean. Financial impacts associated with extreme weather events, growing regulatory and industry pressures on climate-related risk disclosure, and enhanced availability of data, are key aspects influencing companies’ views of environmental, climate, social and governance (ESG) factors. As a result, the role of ESG analysis is shifting from an ancillary function to an integral part of fundamental analysis and new business propositions. IDB Invest’s annual Sustainability Week (Lima, Peru – May 7-9, 2018) took a pulse on this shift, exploring wider sectoral trends within agribusiness, infrastructure, and banking sectors. For the financial community, in particular, there were four key messages from Sustainability Week:    

Green infrastructure: protect your oceanfront with a coral reef
Green infrastructure: protect your oceanfront with a coral reef

Hurricane Matthew just swept across the Caribbean, leaving behind destruction and crumbled infrastructure. In Haiti, impassable roads and destroyed bridges between the capital Port-au-Prince and the areas most impacted by the hurricane pose the biggest challenge in reaching the affected population. The overall damage of the hurricane is estimated in the billions of dollars.