Why Finance Ministers Care About Climate Change & Sustainable Development
If you want to fundamentally change how countries use energy, value their natural environments, or combat climate change, you have to talk to the people who hold the purse strings.
That’s what we’re doing this week. Finance ministers from countries around the world are in Washington for the annual World Bank/IMF Spring Meetings. We’re talking with them about these issues and more as we help countries shift to more sustainable development.
Underlying everything: climate change. This isn’t just an environmental challenge – it’s a fundamental threat to economic development and the fight against poverty. I can’t repeat that often enough. If the world does not take bold action now, a disastrously warming planet threatens to put prosperity out of reach for millions and roll back decades of development.

It’s no secret that the rapid rise in access to mobile phones has created a new vehicle for the delivery of information and services, particularly for people at the base of the pyramid – or those who live on less than $1.25 a day. The challenge we, as development practitioners, face is understanding
United Nations events, usually crowded with diplomats and technocrats, aren’t normally those which raise a lot of emotion – though there have been exceptions. I remember in particular the admonition from a delegate of Papua New Guinea to the UNFCCC COP a couple of years ago that if the United States wasn’t going to lead on tackling climate change, then it should at least get out of the way. Or last year in Doha, when the delegate from the Philippines complained that "… as we vacillate and procrastinate here, the death toll is rising" from a recent typhoon in his country.
The world commemorated World Water Day on March 22 with events around the globe focusing on ways to make international cooperation happen in the water. Events held in celebration of the Day covered all aspects of water - from water supply and sanitation, to water and its nexuses with food and energy, water resources management and water and climate change. But in most, if not all of these events, one theme was clearly cross-cutting: the importance of strengthening partnerships to leverage knowledge and facilitate innovative solutions.

