Date of Publication

2019 12:00 AM

Security Theme

Critical Infrastructure

Keywords

Nature-based solution (NbS), private sector, infrastructure, Latin America and the Caribbean (LAC), climate-resilient infrastructure

Description

Nature-based Solutions (NbS) are a cost effective way to build infrastructure resilient to a changing climate, while also delivering other societal benefits. Yet, many businesses are unaware of the potential; implementation of NbS by the private sector has been limited in Latin American and the Caribbean (LAC). There is growing demand for infrastructure investments in LAC to meet economic growth and service provision needs, but LAC also suffers from acute climate impacts. LAC is an ideal setting for multifunctional solutions like NbS to help build climate-resilient infrastructure. Through a collaborative project, the Inter-American Development Bank (IDB), UN Environment Programme (UNEP), Acclimatise, and the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) are exploring the policy, technical and financial barriers to, and opportunities for, increasing private-sector uptake of NbS in the infrastructure sector in LAC. This document presents emerging findings and provides recommendations for infrastructure project developers, financial institutions, and policy makers to create a more enabling environment for Nb.

Comments

Copyright © [ 2019 ] Inter - American Development Bank. This work is licensed under a Creative Commons IGO 3.0 Attribution - NonCommercial - NoDerivatives (CC - IGO BY - NC - ND 3.0 IGO) license ( http://creativecommons.org/licenses/by - nc - nd/3.0/igo/legalcode ) and may be reproduced with attribution to the IDB and for any non - commercial purpose. No derivative work is allowed.

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Jan 1st, 12:00 AM

Nature-Based Solutions: Increasing Private Sector Uptake for Climate-Resilience Infrastructure in Latin America and the Caribbean

Nature-based Solutions (NbS) are a cost effective way to build infrastructure resilient to a changing climate, while also delivering other societal benefits. Yet, many businesses are unaware of the potential; implementation of NbS by the private sector has been limited in Latin American and the Caribbean (LAC). There is growing demand for infrastructure investments in LAC to meet economic growth and service provision needs, but LAC also suffers from acute climate impacts. LAC is an ideal setting for multifunctional solutions like NbS to help build climate-resilient infrastructure. Through a collaborative project, the Inter-American Development Bank (IDB), UN Environment Programme (UNEP), Acclimatise, and the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) are exploring the policy, technical and financial barriers to, and opportunities for, increasing private-sector uptake of NbS in the infrastructure sector in LAC. This document presents emerging findings and provides recommendations for infrastructure project developers, financial institutions, and policy makers to create a more enabling environment for Nb.

 
 

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