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October 28.2026
2 Minutes Read

Investing in Nature: The Key to Economic Resilience and Growth

Taking action for nature – investing in economic resilience and prosperity

Connecting Nature and Economy: A New Perspective

Nature isn't just a backdrop to economic activity; it's the foundation on which our economies stand. During COP17, Frank Elderson emphasized the urgent need to shift our focus from mere environmental targets to actionable investments in natural capital. With devastating losses in ecosystems happening at unprecedented rates, we are not merely facing an environmental crisis; we are confronting an economic one.

Understanding Natural Capital and Its Value

The World Bank highlights that nearly half of global GDP is reliant on the products and services that nature provides. Water, healthy soils, and active ecosystems are essential for sustaining our production systems. Yet, we've often taken these vital resources for granted. The reality is stark: when the fabric of nature weakens, the financial repercussions are significant, impacting not just firms but also reaching into the depths of the financial system.

The Economic Imperative for Change

To secure a prosperous future, we must revolutionize our approach to biodiversity. Recognizing that treating natural resources as free and inexhaustible will ultimately lead to our downfall is crucial. By investing in environmental sustainability, we can mitigate the disruption that already affects supply chains and elevate productivity. This isn’t only a call to save the environment; it’s a pathway to foster economic resilience.

Investing Wisely for Our Future

Investing in nature correlates directly with economic stability. As firms begin to account for ecosystem services in their operations, they can make more informed decisions, easing the financial strains caused by the depletion of natural resources. Embracing this vision allows us to envision an economy that flourishes alongside nature.

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10.28.2026

The Ongoing US Economic Embargo Against Cuba: Understanding Its Impact

Update US Economic Embargo Against Cuba: A Longstanding Debate The UN General Assembly's annual debate on the United States' economic embargo against Cuba is a significant event that embodies the complexities of international relationships. This year, the Assembly is set to vote for the 34th time on a resolution calling for an end to the embargo, which has been in place since 1960. In this debate, each of the UN's 193 member states has one vote, making it a democratic process that reflects global perspectives on this contentious issue. Historical Perspective: Why This Embargo Still Matters The economic embargo, first implemented in the 1960s, remains a hot topic in global politics. Over the years, support for ending the embargo has grown significantly. When the resolution was first introduced in 1992, only 59 nations supported it. By 2017, that number surged to 191 votes in favor, reflecting a broader consensus against the embargo. This shift in support highlights evolving diplomatic relationships and the willingness of countries to stand up for Cuba's right to economic independence. Countries like Canada, China, and Russia have consistently backed the resolution, emphasizing their stance against what they view as economic coercion. Current Challenges: The Humanitarian Impact According to the UN Resident Coordinator in Cuba, Francisco Pichon, the tightening of the embargo by the Trump administration has resulted in severe energy shortages that threaten the wellbeing of the Cuban population. Reports from the World Health Organization highlight the toll on healthcare, with thousands of surgical procedures postponed and ongoing delays in vaccination programs. This humanitarian crisis raises urgent questions about the impact of economic sanctions on ordinary people. UN High Commissioners for Human Rights have condemned the embargo, stating that it undermines the rights of Cubans to health, life, and food. Debate Moments: Tensions in the Assembly The tension during this year's debate was palpable. As Cuba's foreign minister, Bruno Rodríguez Parrilla, sought to make a point, a heated exchange with US Ambassador Mike Waltz attracted media attention, highlighting the contentious nature of these discussions. While Ambassador Waltz defended the embargo by arguing that Cuba's government controls the economy, many see this as an oversimplification of the issue. The Future For Cuba: What’s Next? As the UN General Assembly prepares to vote, the outcome of the resolution may not instantly change the embargo but will undoubtedly send a message about global sentiment toward US policies on Cuba. With younger leaders and changing political landscapes worldwide, future diplomatic relations could evolve, potentially leading to a reassessment of the embargo. It's essential for citizens around the globe to stay informed and advocate for humanitarian perspectives when discussing international conflicts. Understanding the consequences of policies such as the embargo can help foster a more empathetic approach toward those affected by such decisions. As discussions about the embargo continue, it's time to consider your role in international relations. Stay engaged and informed about global issues that affect millions, and advocate for compassionate policies that emphasize human rights and dignity. Together, we can encourage a greater understanding of this complex issue and its implications on the world stage.

10.27.2026

Panama to Host Global Bioeconomy Summit 2028: A New Era for Biodiversity and Innovation

Update Panama's Pioneer Role in Global Bioeconomy In an exciting development for the bioeconomy sector, Panama is set to host the Global Bioeconomy Summit (GBS) in 2028, marking the first time this significant international event will take place in Latin America and the Caribbean (LAC). Announced during the recent summit in Dublin, Ireland, the gathering aims to connect the region’s rich biodiversity and innovative capabilities with the global community. A Platform for Regional Strength Eduardo Ortega-Barría, Secretary of SENACYT, emphasized that the summit will not simply be a local event; rather, it will serve as a comprehensive platform for Latin America to exhibit its biodiversity, advancements in science, and innovative entrepreneurship. This initiative aims to articulate LAC's strengths in sustainable development, forging crucial partnerships in knowledge and investment. Connecting Biodiversity and Innovation with Investment With LAC harboring about 50% of the world’s biodiversity, the summit promises to showcase how these natural resources can be leveraged for economic opportunity. As Hugo Chavarría, IICA bioeconomy specialist, points out, there's a pressing need for regional collaboration to enhance scientific capabilities and attract global investment. The summit is an opportunity to bridge these gaps by presenting the region as a viable hub for sustainable business and technological innovation. The Exciting Road Ahead for LAC Looking ahead, the preparation leading up to the summit offers a unique chance for countries in the region to align their bioeconomy agendas. The 2028 platform will allow local and ancestral knowledge to shine through innovative projects, opening paths for cooperation while addressing global challenges. Join the Movement Towards a Sustainable Future As Panama gears up to host this pivotal event, it's vital for stakeholders across LAC to engage, share their experiences, and unite under a common goal: to effectively showcase the region's capabilities and create a sustainable future through collaborative efforts. Together, we can transform the potential of our biodiversity into a robust economic force.

10.25.2026

Caribbean Solar Boom: Why Policy Changes Matter for Future Energy

Update The Hidden Solar Boom in the Caribbean Recent findings from the global energy think tank Ember reveal that the Caribbean's solar panel installation is nearly double what was officially recorded between 2021 and 2024. Despite a promising trend where renewables like solar energy are often cheaper than fossil fuels, ineffective policies remain a significant barrier to faster deployment. This prolongs the region's reliance on imported fossil fuels, which inflates electricity prices and heightens exposure to unpredictable global markets. Understanding the Role of Policies in Renewable Energy According to Wilmar Suárez, Ember’s Latin America analyst, “Policies, not costs, are the main barrier to renewable deployment in the Caribbean.” The region sorely needs a shift in approach, as current policies hinder progress despite the clear economic advantages of renewable energy. Eleven out of thirteen countries studied have become almost entirely reliant on imported oil and gas for electricity generation. This is troubling, particularly because over 90% of their energy comes from fossil fuels. Economic Impact: The True Cost of Fossil Fuel Dependency On average, Caribbean nations spend more than 3.2% of their GDP on fossil imports, with countries like Jamaica and Barbados spending even more. The rising costs of these fuels contribute to overall economic instability and higher living costs, impacting local households significantly. For example, the Dominican Republic spends about 4.4% of its GDP, while Jamaica finds itself at a staggering 9.5%. The Costs of Energy in the Caribbean Electricity rates in the Caribbean are troublingly high, averaging around 25 cents USD per kilowatt-hour—over twice the median price in many emerging economies. This reliance on fossil fuels is further complicated by global oil shocks, which historically have led to spikes in inflation across the region. Renewable Potential: A Comparison of Prices Interestingly, even though renewable projects are often cheaper than their fossil fuel counterparts, deployment has lagged. For instance, the Bahamas secured solar energy contracts at less than half the cost of gas-fired alternatives. Solutions such as renewables with battery storage in the Dominican Republic are now priced lower than what those countries previously paid for generation. By 2025, international trends indicate that more than 90% of new utility-scale renewable installations will provide cheaper electricity than the least expensive fossil fuel plants currently available. Future Outlook: What Policies Can Do The report highlights that if Caribbean countries move forward with verifiable renewable energy targets, the renewable share could rise to 23% by 2030, thus reducing fossil generation by around 9%. Effective policy changes could unlock this potential, with recommendations including establishing independently checked targets and setting up licensing processes that are free from utility control. Opportunity Ahead: A Shift in the Energy Landscape The Caribbean stands at a crossroads, with a genuine opportunity to create a more resilient and sustainable energy framework. As outlined by Suárez, reimagining the region's energy system to mitigate the volatility associated with fossil fuel markets could transform energy independence and economic stability. The path forward requires courage from policymakers to adapt to changing energy dynamics.

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