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The Role of National Development Banks in Catalyzing International Climate Finance
National development banks (NDBs) are positioned as critical intermediaries to bridge the climate finance gap by leveraging public funds to attract private capital. Due to their local market knowledge and development mandates, NDBs can address both demand-side barriers (pre-investment) and supply-side risks (investment phase). In the LAC region, NDBs possess significant assets and capital, and many are already utilizing a variety of instruments—including Tier 1 and Tier 2 loans, guarantees, and equity—to promote low-carbon development. The report argues that NDBs can achieve leverage factors equal to or greater than multilateral development banks (MDBs) because of their proximity to local financial institutions and ability to manage country-specific risks.
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Document type: Report
Latin America and the Caribbean in a future high ambition deal
The document analyzes the role of Latin American and Caribbean (LAC) nations in achieving the Durban Platform for Enhanced Action at COP17 and provides recommendations for the region to maintain high ambition in climate negotiations leading up to 2015. It emphasizes the need for LAC countries to coordinate with Africa and Asia, improve communication of low-carbon successes, and link climate resilience to national interests such as food security and trade.
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Document type: Policy brief
Shaping the Durban Platform: Latin America and the Caribbean in a future High Ambition Deal
The document analyzes the results of the COP17 Durban Platform, highlighting the role of Latin American and Caribbean (LAC) countries in bridging gaps between developed and developing nations. It argues that LAC countries should leverage their 'creative diversity' and track record of voluntary emission reductions to lead a high-ambition coalition with Africa and Asia. Key recommendations include strengthening a political narrative that decouples development from emissions growth, improving communication of domestic low-carbon successes, and scaling up adaptation and resilience planning to protect vulnerable infrastructure and food security.
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Document type: Policy brief
CRED V.1.3 TECHNICAL REPORT
The CRED v.1.3 model is an integrated assessment tool designed to project global climate and development scenarios over a 300-year period. It focuses on the distribution of climate damages and policy costs across nine global regions, utilizing a Cobb-Douglas production function and a vulnerability index to allocate damages. The model incorporates updated population data, four selectable damage functions, and abatement cost curves based on McKinsey data to inform global climate negotiations.
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Document type: Report
Estimating Regions’ Relative Vulnerability to Climate Damages in the CRED Model
The research paper presents VI-CRED, a simplified vulnerability index used in the CRED integrated assessment model to distribute global climate damages across nine world regions. Unlike more complex indices, VI-CRED relies on three specific indicators: the share of GDP from agriculture and tourism, the percentage of the population living below 5 meters elevation, and freshwater availability per capita. The index identifies Africa as the most vulnerable region and the United States as the least. The authors compare VI-CRED with the DARA and Maplecroft indices, noting that VI-CRED's emphasis on water scarcity leads to a higher vulnerability ranking for the Middle East. The paper also projects regional climate damages for the year 2105 under business-as-usual and maximum abatement scenarios, showing that while absolute damages decrease with abatement, the relative share of global damages for Africa and Developing Asia/Pacific increases.
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Document type: Research paper
La Gestión de Riesgos de Eventos Extremos y Desastres en América Latina y el Caribe: Aprendizajes del Informe Especial (SREX) del IPCC
The document outlines the interaction between climate change, human vulnerability, and disaster risk in Latin America and the Caribbean. It emphasizes that while climate change is altering the frequency and intensity of extreme events, human factors—such as unplanned urbanization and poverty—are primary drivers of increasing disaster impacts. The report advocates for an integrated approach that combines disaster risk management (DRM) with climate change adaptation (CCA) and sustainable development, moving from incremental to transformational changes in governance and infrastructure.
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Document type: Report
Climate and Development Knowledge Network Helping developing countries to design and deliver climate compatible development
The Climate and Development Knowledge Network (CDKN) is a demand-led alliance of NGOs, a think tank, and a private sector firm that provides research, advisory services, and knowledge sharing to help developing countries achieve low-carbon, climate-resilient futures. Operating in over 40 countries across Africa, Asia, and Latin America and the Caribbean, CDKN focuses on four strategic themes: development strategies, access to climate finance, disaster risk management, and support for climate negotiators from vulnerable nations. The network has supported policy changes in 23 countries and manages an annual disbursement of £20 million.
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Document type: Fact sheet
Lições do relatório SREX IPCC na América Latina e no Caribe: Gerenciando Extremos Climáticos e Desastres
The document translates the global findings of the IPCC SREX report into a regional context for Latin America and the Caribbean, emphasizing that disaster risk is increasing due to rising vulnerability and exposure. It details observed and projected climate extremes—such as increased heatwaves and variable precipitation—and argues for the integration of disaster risk management (DRM) with climate change adaptation (CCA) and sustainable development. The report highlights the importance of both incremental and transformational changes, including the use of risk transfer mechanisms like insurance and the necessity of global greenhouse gas mitigation to avoid the most severe impacts.
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Document type: Report
Managing Climate Extremes and Disasters in the Agriculture Sector: Lessons from the IPCC SREX Report
The document highlights that the agriculture sector is exceptionally vulnerable to climate extremes due to its dependence on natural resources. It argues that disaster risk is increasing not only due to climate change but also because more vulnerable people and assets are exposed to these events. The brief advocates for a shift from short-term coping mechanisms to long-term transformational approaches, such as 'climate-smart agriculture', and emphasizes the need for integrated national disaster risk management systems that combine local knowledge with scientific data.
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Document type: Briefing
Managing Climate Extremes and Disasters for Ecosystems: Lessons from the IPCC SREX Report
The document highlights the critical role of healthy ecosystems in reducing the impacts of climate extremes and disasters. It argues that ecosystem-based adaptation (EbA) is often a more cost-effective and accessible strategy than hard engineering, providing co-benefits for livelihoods and biodiversity. The brief details how climate extremes—such as heat waves, droughts, and floods—can lead to species extinction, regime shifts in ecosystems, and the transformation of carbon sinks into sources. It emphasizes that disaster risk is driven not only by climate events but by vulnerability and exposure resulting from skewed development. The report advocates for a paradigm shift toward transformational changes in governance and the integration of disaster risk management (DRM) with climate change adaptation (CCA) to build long-term resilience.
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Document type: Policy brief
Managing Climate Extremes and Disasters in the Health Sector: Lessons from the IPCC SREX Report
The document translates the IPCC SREX report's findings into actionable insights for the health sector, emphasizing that disaster risk is increasing due to both climate extremes and human vulnerability. It details the direct and indirect health impacts of heatwaves, floods, and droughts, while arguing for a shift from incremental to transformational changes in health infrastructure and policy to build long-term resilience.
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Document type: Briefing
Lessons from the IPCC SREX Report in Latin America and the Caribbean: Managing Climate Extremes and Disasters
The report highlights that disaster risk in Latin America and the Caribbean is increasing due to heightened exposure and vulnerability, even independent of climate change. It details observed and projected trends in temperature and precipitation extremes across the region and argues for the integration of disaster risk management (DRM) with climate change adaptation (CCA) to build long-term resilience.
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Document type: Report
Equity and Efficiency in the Adaptation Fund: Prioritizing Among the ‘Particularly Vulnerable’
The Adaptation Fund lacks a formal, transparent methodology for defining and measuring 'particular vulnerability,' leading to an ad hoc allocation process. An analysis of 48 proposals (25 approved) shows that funding has reached a wide range of socio-economic conditions and HDI levels, with no clear pattern correlating approvals to national vulnerability indices. While the fund prioritizes concrete adaptation measures in agriculture and water, the absence of standardized vulnerability criteria undermines the ability to systematically compare project merits or ensure that the most vulnerable populations are prioritized.
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Document type: Policy brief
Development without Carbon
The report argues that many climate-economics models rely on a 'no-development' assumption for the poorest countries, which underestimates future emissions and weakens the urgency for rich countries to reduce their own emissions. By comparing three scenarios—'Without Development', 'Development with Carbon', and 'Development without Carbon'—the author demonstrates that if low-income countries achieve rapid economic growth similar to India's, the global emissions budget will be exhausted much faster unless aggressive decarbonization policies and financial support from wealthy nations are implemented. A case study of Latin America and the Caribbean illustrates these dynamics, showing that cumulative regional emissions could double if growth accelerates without policy intervention.
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Document type: Report
Energy-Water-Climate Planning for Development Without Carbon in Latin America and the Caribbean
The report examines the role of hydropower in Latin America and the Caribbean's transition to low-carbon development. While the region relies heavily on hydropower—supplying 46% of its electricity—climate change poses risks through glacier retreat and precipitation variability. The authors advocate for integrated planning using the WEAP and LEAP tools to manage the water-energy nexus and navigate tradeoffs between hydropower, biofuels, and other water demands.
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Document type: Report
Energy-Water-Climate Planning for Development Without Carbon in Latin America and the Caribbean
The report examines 'development without carbon' (DWC) in Latin America and the Caribbean, focusing on hydropower's role. While hydropower provides 46% of the region's electricity and has significant untapped potential, climate change—specifically glacier retreat in the Andes and rainfall variability—threatens production reliability. The authors advocate for moving away from static planning toward flexible infrastructure and the use of integrated Water Evaluation And Planning (WEAP) and Long-range Energy Alternatives Planning (LEAP) tools to manage water-energy tradeoffs and climate uncertainty.
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Document type: Report
Real People, Real Impacts: The Climate Impact Equity Lens
The Stockholm Environment Institute's Climate Impact Equity Lens (CIEL) tool reveals that while aggregate economic models often suggest modest climate damages, these averages hide a wide disparity in outcomes. By comparing individual climate damages against the savings gained from not reducing emissions, CIEL demonstrates that the most vulnerable people—particularly in poor countries—are already facing net losses. While many currently benefit from the status quo, the tool projects that by 2100, the majority of the global population will suffer net losses, and by 2150, almost everyone across all regions will be net losers, except potentially in China.
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Document type: Policy brief
Development without Carbon: Climate and the Global Economy through the 21st Century
The report argues that many climate-economics models rely on overly pessimistic growth projections for the poorest countries, which artificially reduces the perceived urgency for rich countries to cut emissions. By comparing three scenarios—'Without Development', 'Development with Carbon', and 'Development without Carbon'—the author demonstrates that if low-income countries achieve genuine economic development, the global emissions budget will be exceeded unless aggressive decarbonization policies and financial support from high-income nations are implemented. A case study of Latin America and the Caribbean illustrates how regional emissions could double under a high-growth, no-policy scenario, but could be significantly reduced through targeted support for low-carbon technology and emissions intensity reductions.
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Document type: Report
CRED: A New Model of Climate and Development
The CRED model investigates how international equity and capital flows influence climate stabilization. It argues that an optimal, welfare-maximizing climate policy requires significant resource transfers from high-income to developing regions to fund abatement and economic growth. The model utilizes McKinsey marginal abatement cost curves and a concave utility function to demonstrate that without such transfers or a very low discount rate, developing countries are unlikely to implement sufficient mitigation to prevent dangerous temperature increases.
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Document type: Research paper
Common Regulatory Principles and Regulation of Water and Sanitation Services
The report examines the evolution of public utility regulation, contrasting legal-based regulation with contract-based concessions. It argues that contract-based systems, particularly in water and sanitation, are prone to opportunistic bidding, under-investment, and frequent renegotiations. The author advocates for the application of common principles of law—including efficiency, good faith, and the ability to implement ex-post regulation—to protect public interests and ensure service sustainability, noting a significant gap between these national regulatory standards and the decisions of international investment arbitration courts.
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Document type: Report