Latin America and the Caribbean is one of the most susceptible regions in the world to the impacts of climate change and it has also been hit hard by COVID-19. However, it has some of the planet’s most abundant natural resources with a ripe potential to power its recovery and economic growth through a green transition.
Investing in nature in the region will be key to achieve this. Nature is crucial in our response to climate change. Nature-based solutions (NBS) could account for 40% of the reduction in carbon emissions needed to limit global warming to less than two degrees Celsius by 2030. Nature can also support post-COVID recovery, help create jobs, generate income, leverage private sector investment, and protect critical ecosystem services.
With COP26 fast approaching, World Resources Institute (WRI) and the Inter-American Development Bank (IDB) are holding the virtual launch of a report series published by the IDB and WRI on NBS adoption across Latin America and the Caribbean and how to chart a pathway to increase investment in NBS. The event will feature an opening keynote conversation between WRI President and CEO Ani Dasgupta and IDB President Mauricio Claver-Carone on climate challenges and opportunities in the region today and the Bank’s renewed focus on enabling sustainable, green growth, including through innovative financing and private-sector mobilization. A panel discussion will follow on the valuable role nature-based solutions will have in transforming LAC's economies and future.
We will offer simultaneous interpretation in Spanish and Portuguese.