Carbon finance, and recently reported growth in the carbon market, is seen by many as having the potential to lower global emissions and combat climate change.
The construction industry is a major contributor to greenhouse gas (GHG) emissions, and the urban housing constitutes a large part of the construction industry. With the urbanization and lifestyle changes taking place in developing countries, the demand for urban housing can only be expected to grow, and accordingly, the GHGs emitted from its production.
There has been much advancement in green technology in recent years, but much of this “high performance” green building is high-tech and capital intensive, often with high upfront costs, as a result of which it still remains a luxury supported by rich nations and wealthy individuals. In the developing country context where huge segments of the population are in the lower income segment, lacking access to essential services or housing, this type of approach to addressing climate change is unaffordable and largely irrelevant.
|Students in Africa study with an LED lantern.|
To leave Barcelona right when the first kick of the European championship soccer final starts is dumb. Even dumber is to land in Lisbon when Barcelona wins and celebration throughout the city starts. But that's what I did last week and I will not complain… Lisbon is a beautiful town. It is warm but pleasant, Portuguese is soft and musical, and the food is delicious.
The deadline for DM 2009 proposals has now closed and the DM Team has been hard at work screening and gearing up for the assessment.
As expected, the Call for Proposals generated a wealth of interest from most parts of the world. Despite a more stringent application process this year, we received a total of 1,755 proposals, similar to last year where the rules were more flexible.
The strong interest demonstrates that grassroots organizations are interested and available to launch community-based climate adaptation related to rural livelihoods diversification, indigenous peoples, and disaster risk reduction. If anyone doubted the demand for bottom-up adaptation, they have been proven wrong.
|Pongtip Puvacharoen works at the World Bank's East Asia and Pacific stand on the first day of Carbon Expo in Barcelona.|
|Children perform during "Call for Green China" – a unique cultural tour to raise awareness about pressing environmental issues in China and possible solutions.|
Other factors are more long term – the sandstorms common when I lived here in 1986 are largely gone, owing to successful re-greening efforts west of here. There was a frenzied pace of construction as modern Beijing was being built, which has naturally slowed down – construction dust was a key part of air pollution here.
There is more room for improvement, but the progress was notable during a lovely April. One key issue going forward will be to continue to control private vehicle use.