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Why Finance Ministers Care About Climate Change & Sustainable Development

Rachel Kyte's picture

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.

On the Path to Resilient Development – 2015 & Beyond

Francis Ghesquiere's picture

Available 日本語

Building a sea wall in Kiribati. Lauren Day/World Bank

These are exciting days at the World Bank Group. We are getting ready to receive delegates from our 188 member countries, who will gather in Washington for the WBG-IMF Spring Meetings.

It is an especially important time for the Global Facility for Disaster Reduction and Recovery (GFDRR) and the disaster risk management team at the World Bank, as we prepare to host – together with the European Union, the Government of Japan, and USAID – the fourth round of the Resilience Dialogue. This round we are focusing on the role disaster and climate resilience can play in the post-2015 development framework.

Disaster and climate risks were not addressed as part of the original framework of the Millennium Development Goals (MDGs). Recent experience has provided countless examples of the devastating impacts of disasters – impacts that go well beyond dollar signs or GDP statistics. It has become evident that disaster and climate risks are impediments to the achievement of poverty reduction and sustainable development goals, and should therefore be integrated in the development framework that will replace the MDGs.

Toilets: There’s an App for That

Jose Luis Irigoyen's picture

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 how to leverage mobile phones in ways that empower citizens as agents of change who can influence and drive development processes in their communities.

An Emotional Start to the 10th UN Forum on Forests

Peter Dewees's picture

Prime Minister of Turkey Recep Tayyip Erdogan speaks at the UN Forum on Forests. Photo courtesy of IISD/Earth Negotiations BulletinUnited 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.

Yesterday, the 10th Session of the UN Forum on Forests opened with an especially heartfelt plea from Turkey’s prime minister that departed from the usual platitudes of global leaders when it comes to the environment.

The U.S. Drought Monitor: A Sophisticated Tool, But Do Not Be Intimidated by It

Nate Engle's picture

Evaluating the existence and extent of droughts is not an easy task. Not only are droughts "slow-onset" events that creep into the physical, environmental, and social systems of a region, they also have effects that span numerous sectors of a society. The U.S. Drought Monitor (USDM), as recently described by Dr. Michael Hayes from the National Drought Mitigation Center (NDMC) during a recent presentation at the World Bank, provides an example for other nations as they consider how to effectively manage this difficult endeavor of characterizing drought risks and impacts.

Back from the Cold: Russia Confronts Tobacco

Patricio V. Marquez's picture

image Wikimedia Commons

You might have missed it over the winter, but Russia achieved an important public health milestone that deserves applause: It enacted a national law that bans smoking in public places and restricts cigarette sales, joining a growing number of countries in making tobacco control a health priority.

The policy victory was a long time coming.

Ending Open Defecation, Not by Evidence Alone

Jaehyang So's picture

Open defecation – going outside without using a toilet or latrine – is one of the most important threats to child health and human capital, period; ending it must be a policy priority.

Innovation and Partnership Lie at the Heart of Cooperation in Water

Nansia Constantinou's picture

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.

Cirque Du Soleil: Protecting the Long, Quiet River

Guy Laliberté is the Founder of Cirque du Soleil and the President of One Drop, a non-profit striving to ensure that water is accessible to all. One Drop is one of the many innovative organizations the World Bank is proud to partner with in pursuit of this goal.

Today, water is the star. Once a year, we celebrate it, we sing its praises, we think about it. Once a year, we pause to consider the ominous and worrying statistics. Then the curtain falls and we move on. On to another show, another issue to be brought to light.

New Ways to Measure Heat on Earth's Surface Could Revolutionize Agricultural Water Management

Julia Bucknall's picture

Yesterday, on the eve of World Water Day, NASA and the United States Geological Survey released the first images from the thermal imaging band of its latest launch of the LANDSAT satellite. The satellite will begin regularly producing data on May of this year. Why does that matter? It is the latest improvement in a technology that, in my opinion, has the power to revolutionize water management around the world.

Calling All Sanitation Hackathon Enthusiasts: Top 10 Finalists Announced

Sanitation Hackathon Team's picture

 

After months of coding away during the Sanitation Hack@Home challenge, 10 teams of hackers were selected as finalists. The Hack@Home challenge is part of the Sanitation Hackathon, a yearlong process that included a global event in December where dedicated programmers worked on apps geared at addressing the global sanitation crisis, namely the 2.5 billion people who lack access to adequate sanitation.

For Water and non-Water Wonks: A World Water Day 2013 (not comprehensive) Reading List

Given that World Water Day, March 22, is not even underway in a large part of the world, at the time of this writing, the amount of World Water Day coverage is no small thing. Here is how World Water Day (eve) has unfolded across the World Bank’s social media and websites.

Lessons Learned from Water Cooperation in the Nile Basin

Gustavo Saltiel's picture

This year’s World Water Day (March 22) focuses on cooperation around water, so it’s a good time to reflect on lessons that those of us working on cooperation in international waters can learn from the experiences and accomplishments in water cooperation in the Nile Basin.

Talking to 4,000 Women & Men about Gender: What Surprised Us Most

Stacy Morford's picture

In a new study on gender equality, researchers asked 4,000 people in 20 countries to describe the gender norms in their communities and the influence those norms have on their lives and their every-day decisions. The researchers spoke with men and women, youth and adults, living in villages and cities in developing countries, as well as higher income countries.

Here, three of the researchers describe their most memorable experiences from the interviews and the findings that surprised them the most.

Finding Your Water Utility on the Financial Sustainability Ladder

Alexander McPhail's picture

A water facility rehabilitated under a World Bank project in Boryspil, Ukraine. Victor Zablotskyi/World Bank

Looking at the financial status of your water utility, would you classify it as a struggling service provider, a developing utility, or a performing service provider?  And then, once you decide where it falls on the financial sustainability ladder, what are the best actions to move it up?


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