About 80 government representatives from more than 30 countries just concluded the 9th Assembly of the Partnership for Market Readiness (PMR) – three days of rich discussions on various domestic policy instruments that put a price on carbon, such as emissions trading systems (ETS), carbon taxes, and payments for emission reductions. At the same time, private sector firms are arriving in Cologne to attend Carbon Expo which runs until the end of the week.
A timely “rendezvous” between the two sectors – public and private – took place today on the subject of carbon pricing policies. The event, hosted by the World Bank’s PMR, the International Finance Corporation, and the International Emissions Trading Association (IETA), invited leading private firm and government representatives to discuss the initial findings of a study by the PMR and the Center for Climate and Energy Solutions (C2ES), which interviewed three companies – Rio Tinto, Shell, and U.S. utility Pacific Gas & Electric (PG&E) – on how they are preparing for a carbon price.
There is clear and present danger that another global food price crisis will emerge sooner than later.
A key signal is the lackluster result of the December 2013 Ministerial meeting of the World Trade Organization (WTO) in Bali, Indonesia - in the heart of the ASEAN community.
The compromises arising from the WTO Bali meeting further demonstrates that many WTO member-nations have returned to a focus on internal domestic politics, sacrificing long-term gains shared across nations, in favor of short-term gains motivated largely by domestic political survival or sheer short-sightedness.
Along the Philippine coast, where Typhoon Yolanda (Haiyan) was so powerful it swept ships onto the land late last year, poor families have started to rebuild their homes, often in the same high-risk zones. Their experience has been a powerful symbol for the rest of the world. We can't eradicate poverty unless we find a way to manage climate change, says Rachel Kyte, the World Bank Group's vice president and special envoy for climate change.
In this video blog, Kyte describes the recovery in Tacloban and the need to build resilience to all development planning.
Average economic losses from natural disasters are rising, despite considerable efforts to better manage risk from natural hazards over the last few decades. Data from Munich Re shows a sharp rise, from $50 billion a year in the 1980s to just under $200 billion annually in the last decade. Population growth, rapid urbanization, and climate change are compounding these losses. Securing prosperity in the midst of growing hazards is an enormous challenge that demands a new approach to development.
The international community is rising to meet this challenge head-on. Last week in Oslo, Norway, I had the privilege of participating in the 15th Consultative Group Meeting for the Global Facility for Disaster Reduction and Recovery (GFDRR), where 75 representatives from partner countries and international development organizations met to help scale up and better mainstream efforts to build climate and disaster resilience in some of the most vulnerable communities around the globe.
With the importance of this effort in mind, I co-authored an article with Norwegian Minister of Foreign Affairs Børge Brende, in which the minister and I argue that sustainable development gains require a new approach towards mitigating risk from climate change and natural hazards. After the recent days spent with my colleagues in Norway, I’m encouraged by the shared enthusiasm of GFDRR and its partners for the task ahead. It’s time to get to work.
And that is precisely one of the main topics that we discussed at the International Transport Forum in Leipzig during a session on Integrating Transport Networks for Sustainable Growth and Development. The panel also included Morocco’s Vice-Minister of Transport; the Head of Transport from the Latin America Development Bank (CAF), and the CEO and Chairman of the Management Board of Deutsche Bahn AG.
The first unexpected development happened when the moderator showed up with a fifteen-minute delay, having been trapped… in a Deutsche Bahn train stopped on the tracks between Berlin and Leipzig following an unfortunate encounter between a bulldozer and a catenary cable. To be fair, the incident had little to do with the quality of the railway service and was quickly resolved. That is what resilient transport is about.
Africa's patrimony of water resources is unparalleled – the continent has 9% of the world’s water, and only 11%of the globe’s population. The continent is also home to some of the world’s iconic rivers. Who hasn’t heard about the Nile, the mighty Congo, or the Niger?
Under the appearance of sufficient water at the continental average, however, lies a highly uneven resource distribution, meaning that many countries and transboundary river and lake basins face increasing levels of water stress due to rapidly increasing populations and various accompaniments of economic growth. Climate change exacerbates water insecurity, and in turn, vulnerability of the poorest populations.
Next week, the African Ministers’ Council on Water will host the 5th Africa Water Week in Dakar – the continent’s pre-eminent gathering of water experts, policymakers and civil society – under the theme, “Placing Water at the Heart of the Post 2015 Development Agenda.”
I can think of no other venue more suitable for discussing sustainable management and development of Africa’s international waters openly and fruitfully, and for catalyzing new opportunities and partnerships for greater impact.
At the home ground of the OMVS (Organisation pour la mise en valeur du valeur du fleuve Sénégal or Senegal River Basin Development Authority), which has successfully applied benefit sharing principles and equitable institutional and financial arrangements to harness the benefits of basin-wide cooperation, there will be much for CIWA and our implementation partners to learn and cross pollinate in our work across Africa.
Africa’s 63 transboundary river basins cover more than 60 percent of the continent’s surface area and house more than half a billion people. As water issues and the sectors which require water such as agriculture, energy and transportation take center stage on the development agenda, there is growing recognition that sustainable management of shared water resources must become an integral part of the solutions needed to end poverty and boost shared prosperity on the continent.
Every day, the world’s population generates enough waste to fill about 14 large soccer stadiums from top to bottom, more than 3.5 million tonnes. That's a lot of trash, from plastic bottles that aren't going anywhere to food scraps and other perishable items decaying and building up greenhouse gases in landfills and trash dumps.