Latin America and the Caribbean must focus investments on infrastructure and insurance against natural disasters

Latin America and the Caribbean must direct their investments toward resilient infrastructure and insurance mechanisms to combat natural disasters and the impacts of climate change. According to reports dated October 19, the region requires an annual investment of up to 31 billion dollars for climate-resilient infrastructure.

Additionally, the region needs to mobilize another 15 billion dollars through the year 2030 to support adaptation efforts. These financial measures are presented as essential strategies for mitigating the escalating environmental and structural risks faced by nations across Latin America and the Caribbean.