Inter-American Development Bank

Jamaica’s Drought Tool Could Turn the Table on Climate Change

On a very dry November 2013, Jamaica’s Meteorological Service made its first official drought forecast when the newly developed Climate Predictability Tool (CPT) was used to predict a high probability of below average rainfall in the coming three months.

Cash for the Climate Please, Caribbean Leaders Lament

Funding to address the financial flows needed for adaptation and mitigation of climate change remains an issue of concern for the Caribbean.

Latin America Has Enormous Untapped Potential for Green Infrastructure

Latin America is facing a two-pronged challenge: double power generation by 2050 while reducing greenhouse gas emissions. The only solution? Green energy.

Latin America on a Dangerous Precipice

“We could be the last Latin American and Caribbean generation living together with hunger.”

Inequality Blocks Path to “Gold” in Latin America

Inequality, poor infrastructure and declining trade are some of the problems that Latin America needs to overcome if the region truly wishes to achieve a “golden age”, according to Peru’s President Ollanta Humala.

Opponents of Fracking Seek to Thwart Shale Gas Finance

Non-governmental organisations are putting pressure on multilateral financial institutions not to finance production of shale gas by hydraulic fracturing or fracking because of the high environmental costs they say are associated with this method.

Latin America, Testing Ground for Chinese Yuan

China is looking to Latin America to experiment with the yuan, or renminbi, to replace the dollar, taking advantage of the growth in Chinese trade and investment in this region. But because the volume is still insignificant, it is not yet clear what impact the currency will have on economies in the region.



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