Why You Can’t Insure Yourself Against Climate Change
While disasters have traditionally been managed through insurance, climate shocks are now too frequent, too costly, and too unpredictable to insure effectively. From the staggering $30 billion flood losses in Brazil to the global funding gap for climate-vulnerable countries, Avinash Persaud, Special Advisor on Climate Change for the President of the Inter-American Development Bank, explores in this episode why resilience—not insurance—is the smarter investment. Tune in to learn why a dollar spent on resilient infrastructure can save ten in future losses, and how innovative financial tools like debt-for-resilience swaps and pause clauses could offer lifelines to countries already drowning in debt.#IDB #Improvinglives #IDBImpact+At the Inter-American Development Bank we work to improve lives in Latin America and the Caribbean. http://www.iadb.org
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14:29
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14:29
La ruta hacia US$1,3 billones
En este episodio, Avinash Persaud, Asesor Especial sobre Cambio Climático del Presidente del Banco Interamericano de Desarrollo, analiza el urgente y ambicioso camino hacia la movilización de 1,3 billones de dólares en financiación climática para los países en desarrollo. Desde los orígenes de la hoja de ruta en la COP29 de Bakú hasta la innovadora iniciativa "ReInvest+", Persaud desafía el pensamiento convencional sobre la movilización del sector privado y ofrece una solución escalable para cerrar la brecha de financiación climática. Descubra cómo los préstamos vigentes existentes en los países en desarrollo pueden transformarse en valores con grado de inversión que atraigan a inversores institucionales globales, creando un círculo virtuoso de reinversión, confianza y desarrollo alineado con el clima.#BID #MejorandoVidas #BIDImpact+Desde el Banco Interamericano de Desarrollo trabajamos para mejorar vidas en América Latina y el Caribe. http://www.iadb.org/es
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16:18
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16:18
Financiamiento climático 101
Acompañe a Avinash Persaud, Asesor Especial sobre Cambio Climático del Presidente del Banco Interamericano de Desarrollo, en el primer episodio de una serie previa a la COP30 en Belém. Con un lenguaje claro y sin tecnicismos, Persaud analiza los desafíos urgentes del financiamiento climático, revelando cómo el mundo cuenta con los recursos, la tecnología y el conocimiento para actuar, pero aún no cuenta con los sistemas para movilizarlos. Desde los asombrosos retornos de la infraestructura resiliente hasta el imperativo de financiar las pérdidas y los daños climáticos, este episodio ofrece soluciones prácticas para un futuro más equitativo y sostenible.BID #MejorandoVidas #BIDImpact+Desde el Banco Interamericano de Desarrollo trabajamos para mejorar vidas en América Latina y el Caribe. http://www.iadb.org/es
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18:19
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18:19
The Road to $1.3 Trillion
In this episode, Avinash Persaud, Special Advisor on Climate Change to the President of the Inter-American Development Bank, unpacks the urgent and ambitious journey toward mobilizing $1.3 trillion in climate finance for developing countries. From the origins of the roadmap at COP29 in Baku to the innovative "Reinvest+" initiative, Persaud challenges conventional thinking around private sector mobilization and offers a scalable solution to bridge the climate finance gap. Discover how existing performing loans in developing countries can be transformed into investment-grade securities that attract global institutional investors—creating a virtuous cycle of reinvestment, trust, and climate-aligned development.#IDB #Improvinglives #IDBImpact+At the Inter-American Development Bank we work to improve lives in Latin America and the Caribbean. http://www.iadb.org
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15:37
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15:37
Climate finance 101
Join Avinash Persaud, Special Advisor on Climate Change to the President of the Inter-American Development Bank, in the first episode of a series leading up to COP30 in Belém. In clear, jargon-free language, Persaud breaks down the urgent challenges of climate finance—revealing how the world has the resources, technology, and knowledge to act, but not yet the systems to mobilize them. From the staggering returns on resilient infrastructure to the moral imperative of funding climate loss and damage, this episode offers practical solutions for a more equitable and sustainable future.#IDB #Improvinglives #IDBImpact+At the Inter-American Development Bank we work to improve lives in Latin America and the Caribbean. http://www.iadb.org
Over the past decade, the conversation around climate vulnerability has evolved—from focusing primarily on scientific understanding to addressing the practicalities of funding and implementation. As the topic gained prominence, it also became more complex and multifaceted. In this series, Avinash Persaud, Special Advisor on Climate Change for the President of the Inter-American Development Bank, demystifies climate finance, lays bare the issues, and contextualises financial instruments within international political economy, development economics, finance, and climate and nature.While financial discussions can often feel abstract or theoretical, the Inter-American Development Bank comes face-to-face with some of the most vulnerable communities in the world—from indigenous peoples in the Amazon to those living in favelas. The Bank also works closely with governments as they tackle pragmatically the multifaceted challenges of poverty, climate vulnerability, development, job creation, and sustainable growth. Drawing on the Bank’s extensive experience, research, knowledge, insights, and stories of the lived experience of the people of Latin America and the Caribbean, he explains why we are here, where we are, and what we need to do to move to a better place.#IDB #Improvinglives #IDBImpact+At the Inter-American Development Bank we work to improve lives in Latin America and the Caribbean. http://www.iadb.org