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Chile is progressing under a broadparticipatoryprocesstodesignitslong-term climate strategy.These strategies, known as LTS,enablegovernments to define the actions that are requiredin the long,mediumand short termto stop the climate crisis. Theyaim to maximizethe benefits of the transition tonet-zeroemissionand resilient economiesand considerhowto avoidexacerbatingproblemsandseizethe opportunitiesforsustainable development while focusing on the people in their territories.

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On July 26th the world celebrates the InternationalDayfor the Conservation of theMangroveEcosystem. This is an ideal opportunity to acknowledge the great importance of these forest ecosystems to coastal ecological health, our economy and contribution to addressing the climate crisis. In Suriname, this day is very important to us since mangroves are an invaluable part of our lives and there are innovative methods underway to protect them.

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The public transport sector in Ecuador has been one of the most affected sectors in the country by the pandemic. Initially, there was a significant drop in demand since in order to reduce infections the confinement of the population was imposed and mobility restricted.

The country's current situation reflects its vulnerability to the health emergency, but its essential role is also clear for economic recovery and the search for solutions to create more resilient and sustainable cities.

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The pandemic crisis illustrates our global economic and social fragility and the damage that could be caused by the climate crisis unless we act decisively now.Latin America and the Caribbean is the second-most disaster-prone region in the world, with over 152 million people affected by 1,205 disasters since 2000.

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On May 28, IDB President Luis Alberto Moreno hosted an event with Lord Nicolas Stern, professor at the London School of Economics and Political Science, on the importance of climate change policy and what a sustainable recovery from the pandemic could look like.In his introduction, President Moreno said that despite the very difficult challenges countries face to protect citizens from the pandemic and restart their economies, we must also look ahead.

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Fishing is an important activity for the economies of Latin America and the Caribbean. The oceanographic, biochemical, geographical, and climatic characteristics of marine and coastal ecosystems of the region have benefited it with some of the most productive fisheries on the planet. In 2018 alone, the region's fisheries exports exceeded $16 billion. However, since the beginning of the 21st century, fish production in the region has shown a decline that has been accentuated in the last decade.

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Most people recognize that the climate crisis is upon us. Yet there is still a lack of understanding of how to protect businesses and communities from the impacts of climate change. Climate change is increasing risks and impacts across the world, particularly in developing countries where there is less capacity to adapt. By 2030, studies suggest that the cost of making climate-vulnerable business sectors resilient is expected to be in the billions per year.

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