News

IDB and Nicholas Stern Present Country Studies on Climate Impact

IDBLogo_en5 March 2009: Lord Nicholas Stern and the Inter-American Development Bank (IDB) hosted a seminar on “Development in a More Hostile Climate” during which country-level studies of the economic impact of climate change in Brazil, Mexico and South East Asia were presented.

The meeting included discussions on the opportunities for reducing long-term impacts through investing in clean energy, the threats to development posed by climate change, strategies for overcoming risks and the role of partnerships and multilateral institutions in responding to climate investment challenges faced by developing countries. The event was complementary to a symposium titled “US Climate Action: A Global Economic Perspective,” organized by Lord Stern and the World Resources Institute. [IDB Press Release]