Sostenibilidad

The soccer world cup started a few days ago. For many, it is the most anticipated event in four years, making it an implicit crime to have meetings or phone calls during critical matches or even worse, surf channels. Even getting married in these couple of weeks can be a problem. Daily talks include the events of the last games and predictions of the next matches, shame of you if you are not aware of the scores and the best plays! It is usual to get together to watch the games and have some meals and drinks.

The empirical evidence on the effectiveness of projects seeking to improve land tenure has shown that titling has positive effects on income generation (average increases of 15%); increasing agricultural productivity by 40%; and promoting empowerment of women in economic decision-making (up to 17%). These improvements in income, productivity and women's empowerment are also associated with improvements in food security, although the effects on this last variable have been less studied.

Consider this hypothetical scenario. The government of Betija, a beautiful Caribbean country, is investing in tourism infrastructure to support the influx of millions of visitors per year to its coastal capital. The project includes the rehabilitation of the town walkways, selected city center facades, and a renovated historical museum for locals and tourists. The museum is surrounded by an open market that features local goods sold by both formal shops and informal vendors. There is also a taxi stand near the area.

2018 is a particularly important year because it will allow us to demonstrate whether we are able to translate the objectives of the Paris Agreement into real actions. In the upcoming COP24, which will take place in December 2018 in Katowice, Poland, one of the main tasks will be to finalize and approve the guidelines needed to operationalize the implementation of the Paris Agreement, officially termed the "Paris Agreement Work Program (PAWP)”.

Latin America and the Caribbean is a region shaped by and very much of the ocean. All but two IDB member countries have important ocean coastlines, and 25% of the region’s population lives on the coast, with the number reaching nearly 100% in Caribbean island countries. But while rainforests, grasslands and rivers have so far stolen our attention, it’s time for our oceans to get their due.In 2012, approximately 275 million people in the region worked on fishing or aquaculture, contributing around $15 billion to the region’s GDP.

Many international organizations have participative mechanisms that can be used by physical or juridical persons who feel that either the design, construction or operation of investment projects may have had a negative environmental or social impact on them. These mechanisms are effective means to process users’ complaints, while enhancing information transparency and accountability. Traditionally, this field was covered by international agreements and organizations set up to ensure their compliance.

The global green bond market hit USD 160 bn in 2017 and is estimated to reach 250 bn this year, with China becoming the world’s second-largest issuer (behind only the US) in less than three years since the first bond was issued in 2015. This is clear evidence of how the green economy is growing in a country that at the moment is also creating growth opportunities for its neighbors in the whole Asian region and could open doors for Latin America and the Caribbean (LAC) as well.

During the last two decades, Latin America and the Caribbean has been at the forefront of the world´s biodiversity conservation, dedicating 20% of the region's territory to this end.  LAC is moving forward to reach Aichi goal #11 as nine countries of the region will meet or exceed the coverage of agreed protected areas by 2020.

To maintain global warming below 2°C, the world needs to switch to carbon-free electricity. But energy investors seem to disagree. Coal, gas, and diesel plants are a big chunk of the trillions of dollars scheduled to be invested in expanding power production capacity over the coming years. Those investments are at risk of becoming stranded assets.