Carbon pricing was the center of discussion as Carbon Expo got underway in Barcelona on May 26. World Bank Group Vice President and Special Envoy for Climate Change Rachel Kyte was asked by RTCC about the changing views toward carbon pricing as a policy tool in the fight against climate change and how business leaders responded to carbon pricing during Climate Week Paris the previous week.
With a cell phone in hand, a farmer becomes connected to a network of invaluable – and timely – information. There is greater demand for information as extreme weather variability necessitates new farming practices. Local and timely insights help inform farmer decisions. Big Data methods and practices, meanwhile, ensure that this multi-directional information contributes across the agricultural value chain as input providers and produce buyers are also informed.
The warming of the atmosphere is leading to a tremendous increase in weather variability. This variability affects agriculture in a multitude of ways and most insidiously for farmers, in the uncertainty that impacts each step in their production and livelihoods.
The most common human reaction to uncertain times is to become more risk averse. For our planet’s 570+ million small-holder farmers, this means lower productivity. With the impeding population surge, particularly in Africa, and diet changes requiring “70 percent more food production,” change must come now.
- Value Chain
- information and communication for development (ICT4D)
- information and communications technologies
- information and communication technology
- Big Data Exploration
- Big Data
- Information and Communication Technologies
- Agriculture and Rural Development
- Agricultural Productivity
One of the many successful fiscal initiatives implemented in Afghanistan was the HIPC, the Highly Indebted Poor Country program, a joint IMF–World Bank effort to reduce the public debt of poor countries. We called this the forgiveness of debt.
At an early stage in this work I had to meet with a senior Afghan government official to explain the program. The official, the Deputy Auditor General, was a dedicated, serious man who had trained in the former Soviet Union as an engineer and did not speak English, so we relied on an interpreter.
In those days any Afghan who spoke some English could find work as an interpreter, and ours was a medical doctor. He told me he was anxious to find work in his own field but in the meantime was willing to work anywhere, even interpreting in this arcane field of auditing, although he was unfamiliar with the jargon. The conversation was not to be long; just outline that the external public debt, which was mostly Russian debt from the communist era, would be absorbed by a trust fund and hence “forgiven” if Afghanistan met the program requirements – basically good fiscal transparency and discipline.
Our team signed an agreement with the recently established Global Infrastructure Hub (GIH) – an initiative of the world’s G20 leading economies – that paves the way for future cooperation.
The GIH came into existence last December, as a result of decisions taken at the November 2014 G20 Leaders’ Summit in Brisbane, Australia. Based in Sydney, the GIH is designed to drive progress on the infrastructure agenda of the G20 and, in particular, to encourage additional private sector involvement with infrastructure development.
It will be a knowledge-sharing network, which will aggregate and disseminate information on infrastructure projects and financing opportunities. The GIH is also designed to assist governments with capacity-building in regard to infrastructure development, by sharing best practice approaches.
The agreement signed by both parties details collaboration on new knowledge products and the mutual support of conferences and learning opportunities, such as the forthcoming Public-Private Partnerships (PPP) Days event in London on June 16-17, 2015.
"People tend to try to find something to talk about Zuma. My surname is very nice and simple. Very simple, so they like pronouncing it all the time. So what's the problem?"
-Jacob Zuma, president of South of Africa, on why his name continues to appear in the South African press.
His administration has experienced a series of scandals that have put his reputation and that of his ruling African National Congress party under scrutiny.
Nighttime lights satellite imagery (DMSP-NTL) are now a popular data source among economists. In a sentence, these imagery encompass almost all inhabited areas of the globe, and record the average quantity of light observed at each pixel (nominal size ~1km2) across cloud-free nights for every year, 1992-2012. In under-developed or conflicted regions, where survey or census data at a fine level of spatial and temporal disaggregation are seldom available or reliable or comparable over space or time, NTL and other satellite imagery can be an excellent resource. Recent economics papers have used NTL to study growth of cities in sub-Saharan Africa (Storeygard (2015)), production activity in blockaded Palestinian towns of the West Bank (Abrahams (2015), van der Weide et al (2015)), and urban form in China (Baum-Snow & Turner (2015)) and India (Harari (2015)).
In Nepal’s hamlets and villages, in the first days following the 7.8 magnitude earthquake on April 25, families sheltered under crude lean-tos, made of whatever relatively waterproof materials they had to hand.
Keshav and his family
Keshav Thapa Magar, who lives with his wife, son and two daughters on the southeastern edge of the Kathmandu valley in Kot Gaon, had a typical earthquake experience for families of his 100-household village. The village consists in Newars, Magars, Chhetris and Tamangs, who mostly lived in traditional mud-brick or mud-stone houses before the earthquake destroyed them. Keshav’s own house, his cousin’s (like his, a traditional house) and his mother’s concrete post-and-beam house were all destroyed on April 25.
It has been a month since a 7.8 magnitude earthquake hit central Nepal on April 25. What happened next?
Having experienced a real threat of death, many survivors manifested avoidance (“I don’t want to talk about it!”), hyper-vigilance (“What’s that noise? Is the ground moving?”), intrusive thoughts (“What if the next big one may come while I’m asleep …?”) -- classic stress reactions.
Many Bank staff have had many sleepless nights as the aftershocks continued, more than 250 to date above a magnitude of 4, thirty above 5, four above 6, and—just when we first thought that life was becoming normal again—a 7.3 on May 12.
That one came like the first one, in the middle of the day, but it felt like an unwelcome nighttime guest, full of foreboding. People ran into the streets screaming, or silly giddy on realizing that they had survived another one—but even more terrified at what would come next. More people died; more buildings collapsed. People who had moved back into their houses moved out again.
Jean Boulton (physicist, management consultant and social scientist, right) responds to Owen Barder’s Wednesday post on thinking of development as a property of a complex adaptive system.
I’d like to go a bit further than Owen on the implications of complexity for how we understand power and politics. It is generally the case that the powerful get more powerful and the big get bigger. We know this through bitter experience, captured in complexity language by the notion of ‘positive feedback loops’ which equate to the economists’ ‘increasing returns’. In general there is no reason to expect that economies will self-regulate and find a ‘natural’ balance. Even forests, if left to themselves for long enough, reduce in diversity, increase in efficiency and become ‘locked in’ to ecological patterns that are hard to invade and change and can easily collapse (see below, left). Despite the popularity of the phrase ‘complex adaptive systems’, complex systems do not always adapt.
Instead, complexity suggests that if we want economic development that equalizes power, reduces inequality and incorporates longer-term environmental goals, there is a need for some sort of regulatory processes to counter the seemingly inevitable coalescing of power and wealth in fewer and fewer hands. Otherwise the rise out of poverty is linked more to growth than to development (development meaning a qualitative change in shape and form of the economy rather than a quantitative change – you can obviously have both). And an economy that is growing can in fact take our attention away from underlying structural exacerbations of inequality. Growth cannot go on forever, as land, water and minerals are consumed – not to mention the impact on climate change – but growth can mask just who captures the bulk of resources and can exert control over governments, markets and societies.