Posts by Climate change
Integrating Green Finance Into the Core Business of Financial Institutions
Green finance in the private sector was predominantly linked to corporate responsibility. It’s now the time to integrate climate action into the core business of financial institutions.
Adaptation, the Climate Opportunity for the Private Sector
Investing in preventative adaptation solutions can be more effective and less costly for the private sector than a late response. The opportunities available to adapt to climate change remain largely unmet.
The Net-Zero Opportunity in Latin America and the Caribbean
The abundance of renewable resources places the regional industry well below many of its rivals in terms of greenhouse gas emissions per unit of electricity generated — a unique advantage that can help the region move rapidly towards the net-zero emission target.
5G Connectivity, A Positive Impact on Climate Change
High-speed 5G Internet connections will help more remote work and information access, reducing emissions from cars and planes, and facilitate self-driving vehicles, leading to fewer accidents and shorter commutes, as well as the widespread adoption of smart buildings with less energy use.
Increasing Green Finance Calls for More and Better Impact Reporting
Addressing climate change in the region calls for financial institutions to step up their role in channeling capital towards green investments, including the green transition. It also calls for boosting impact measurement and reporting capacity to avoid green washing.
Boosting Exports While Reducing Carbon Emissions
In addition to offering various tax, customs, regulatory and other incentives for investors, free zones and industrial parks in Latin America and the Caribbean are increasingly adding another benefit to the mix: a reduced carbon footprint through self-supplied renewable energy for production.