The financing deficit for infrastructure in Brazil is approximately US$ 49.5 billion per year. Data from the G20 Global Infrastructure Hub indicate that US$ 1.2 trillion would be needed by 2040 to supply the country's infrastructure demand. Today, less than 2% of GDP is invested in the sector.
In recent days, while I read the news with a cup of coffee in my hand, I began to count the number of articles that were related to the weather and the environment.
By 2030, decarbonisation could create 15 million net new jobs in Latin America and the Caribbean. That is the message delivered by the Inter-American Development Bank and the International Labour Organisation in a new report. The challenge is to manage losers and winners and ensure a just and inclusive transition.
If you have ever traveled at dawn, during the winter, on one of the roads that crosses the Andean highlands, you may have witnessed those first rays of sun reflecting off a thin blanket of frost that covers the meadows and fields. Undoubtedly, a beautiful landscape for the occasional traveler, but for the families that inhabit these places it can be the culmination of an endless night trying to withstand the intense cold of the puna seeping through the walls and ceilings of their homes.
In the process of recovering from the devastating impacts of the COVID-19 crisis, accelerating climate action can help unlock robust opportunities for a sustainable, inclusive, and resilient economy. As demonstrated by a mounted of evidence, investing in a low-carbon and climate-resilient development can generate socio-economic and environmental benefits by increasing economic resilience, improving health, and creating jobs.
Climate funds are key to both amplifying and deploying the investments needed for a low-carbon recovery, ensuring that climate finance is accessible at scale.
Although our economies are bound by the important asset of nature, we continue to underinvest it in.
This is the powerful argument set out by theDasgupta Review, a recently published independent global report commissioned by the UK Treasury to study the economics of biodiversity.
Last yeararound this time, the entire world was shaken by apandemic that has forever changed our lives.This year,the world is stillcoping with the devastating impactsoftheCovid-19 crisis, however with a significantly changed outlook. While a year agomanyunanswered questionsmadeit hardly possible topredicthow the pandemicwouldunfold,we now have answerson howto get back to a post-pandemic life.
“Use tropical forests or lose them”—that is the mantra of a growing set of researchers and practitioners who argue, somewhat counterintuitively, that permits for timber extraction can help conserve tropical forests. They claim that permits strengthen land managers’ incentives to use forests so as to generate a long-term stream profits.
Electromobility worldwide has advanced significantly, and it is estimated that by 2025 there will be more than 40 million electric vehicles in operation. In the case of Peru, although incipient, the electromobility market shows great potential.
National public policies seek to promote electric mobility as an alternative to mitigate the environmental impacts of urban transport such as air pollution, considering that 40% of the country's energy sector emissions come from the transport sector.
The number and severity of natural disasters in coastal regions in Latin America and the Caribbean (LAC) have steadily increased over the past two decades, causing significant impact on the economic and social development of many countries in our region and affecting disproportionately the poorest communities.