Sustainable Energy and Climate Change Initiative
Alternative energy, sustainable agriculture, climate-friendly transportation and climate resilient resource management are just some of the many areas in which the Inter-American Development Bank is leading the way in setting high sustainability standards. These standards are part of the Bank’s commitment of providing countries in Latin America and the Caribbean with the best available technologies and practices to ensure economic viability, social equity, and environmental integrity.
The goals of the Sustainable Energy and Climate Change Initiative are centered around the provision of comprehensive sustainability options in areas related to the energy, transportation, water and environmental sectors as well as building climate resilience in key priority areas vulnerable to the impacts of climate change. The Initiative consists of four strategic pillars:
In 2009 as part of the development and management of the Initiative, the IDB created the Sustainable Energy and Climate Change Unit (ECC). More
- United Kingdom
Date: May, 2017
This document presents the results of a study that combines data on the emission of greenhouse gasses (GHG measured in CO2 equivalents) from farming activities with the incidence of policy incentives (transfers to the farming sector as measured in the Agrimonitor database) for Jamaican agriculture. The report¿s objective is to look at Jamaican agricultural policy from the viewpoint of greenhouse gas emissions in the context of attempts to ensure consistency among policy objectives and nationally established targets related to the current climate change discourse. Specifically: Are the products that contribute the most to GHG emissions also those that receive the most protection? Or are the incentives emerging from policy in line with GHG emission mitigation objectives?
A Blue Urban Agenda: Adapting to Climate Change in the Coastal Cities of Caribbean and Pacific Small Island Developing States
Date: May, 2017
Over the past two decades, national and local governments in Caribbean and Pacific Small Island Development States have partnered with the donor community to implement over $55 billion in development programs, many of which focused on climate change adaptation. The coastal cities of the Caribbean and Pacific SIDS are among the world's most vulnerable cities to rising sea levels and coastal erosion. Currently 20% of the population of these countries, or 4.2 million people, live in low elevation coastal zones that are prone to flooding. Despite the financial burden of adapting to rising sea levels and natural hazards, SIDS are leveraging opportunities to minimize these effects through an emerging Blue Urban Agenda. This research evaluates the lessons learnt from urban coastal adaptation programs in SIDS and provides several policy recommendations to comprehensively address city resiliency to climate change. An institutional mapping of donors active in coastal adaptation in SIDS and a review of more than 50 donor-funded projects highlights the most effective coastal adaptation programs. Comparisons are provided between the Caribbean and Pacific SIDS on climate change, urban development, housing, and access to climate funds. This book provides a way forward to embark on a Blue Urban Agenda that is sensitive to the unique characteristics of SIDS and their commitments in the Small Island Developing States Accelerated Modalities of Action (Samoa Pathway) resolution, COP21, the Sustainable Development Goals, and Habitat III.
Delivering Inclusive and Sustainable Infrastructure: Featured Infrastructure Projects and Initiatives
Date: Apr, 2017
Closing the world's infrastructure gap would take $1 to $1.5 trillion annually. The Global Infrastructure Forum aims to discuss opportunities to harness public and private resources to close this gap. The 2017 forum was jointly organized by the multilateral development banks (MDBs): African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, Islamic Development Bank, New Development Bank, and the World Bank Group, in close partnership with the United Nations (UN). The following pages are a collection of featured infrastructure projects and initiatives that show how MDBs and the United Nations join forces with the public and private sectors to provide sustainable, accessible, resilient, and quality infrastructure worldwide.
Date: Apr, 2017
The world needs more infrastructure, particularly in developing countries. But not just any infrastructure. To achieve the economic, social and environmental objectives embodied by the Paris Agreement and the Sustainable Development Goals (SGDs), this infrastructure must be sustainable, low-carbon and climate resilient. At the same time, investors' interest in and allocations to infrastructure are gradually increasing driven by a combination of factors (such as low yields in traditional asset classes and inflation protection). Together, these should be positively reinforcing developments. However, current allocations and volumes of investments still fall short of the estimated $6 trillion per year required to support economic development. Although a variety of stakeholders -from governments to multilateral development banks (MDBs) to institutional investors- have articulated support for Sustainable Infrastructure (SI) investment, progress to date has been patchy. To better understand what is happening on the ground, review the barriers and identify tangible next steps to address the funding gap for SI, the Inter-American Development Bank (IDB) commissioned Mercer to undertake a multiphase project beginning in mid-2016. This document is a companion to the Mercer-IDB November 2016 paper Building a Bridge to Sustainable Infrastructure, which is discussed later in the report. This current paper is structured in five parts: Chapter 1 provides an overview of the SI imperative and the financing gap; Chapter 2 reviews the state of play regarding SI in the investment process, including feedback received from investor interviews; Chapter 3 discusses approaches to more fully embed SI within investment decision making; Chapter 4 presents our call to action to governments, MDBs, investors and supporting initiatives; and Chapter 5 is a short conclusion.