The challenge of international development requires a medley of ideas. At the Multilateral Investment Fund, we work in an array of topics that are at the forefront of efforts to spur the economic development of the private sector in Latin America and the Caribbean. Each week, this blog "Trends" brings you our latest research and thinking. 

Our complete list of blogs can be found here.

Is global climate change good for business?

By Steve Wilson

In addition to increasing temperatures and rising sea levels, global climate change represents a complex exercise for the great majority of businesses, which must frame the meaning, the costs, and the business and investment opportunities associated with this ongoing phenomenon.

The Challenge and the Opportunity of Private Sector Climate Resilience

By Steve Wilson

How does the private sector anticipate and build climate resilience in the face of increasing risks, such as cyclonic winds, flooding and storm surge, drought, heat waves, sea level rise and wildfires?  Answering this question depends very much on whom you ask. In public policy circles, private actors are often characterized as relatively unconcerned about the threat of climate change, more focused on short-term financial results, and discounting climate risk as an issue in the distant future. 

The market for climate resilience: Hidden in plain sight?

By Steve Wilson

Households, businesses, and communities everywhere are vulnerable to a growing array of risks related to climate change. These risks arise as a result of climate variability, caused primarily by the long-term emission of greenhouse gases, including carbon dioxide. Climate risks are manifold: floods, drought, extreme winds, heat waves, sea level rise, invasive pests, and wildfires, among others. Understandably, extreme weather events such as hurricanes and major floods receive the most attention. But longer-term, incremental changes (such as in temperature and precipitation patterns) can be at least as costly and can threaten our very survival—endangering our food supply, water and energy security, health, businesses, livelihoods, and human settlements.