Carbon finance sounds boring and technical and not much fun. However, it actually does a lot of good and can help fund critical environmental preservation projects as well as introduce clean and renewable technologies in both developed and developing countries.
As we approach a critical phase in the negotiations regarding climate change, and continue to grope for a way forward in the Doha Round negotiations, it seems to me to be worth emphasizing the multi-faceted linkages between a liberalized trade regime and climate change. Some of these linkages have received fairly extensive attention. For example, it is widely recognized that trade barriers to movement of low-carbon technology need to be kept low, and this is being addressed (although some might think inadequately) under the rubric “trade in environmental services” in the Doha Round negotiations. But other connections have received, IMHO, a level of attention that grossly undervalues their potential to contribute to objectives on either the trade side or the climate change side, or both. This is especially true in the realm of agriculture.
|It takes me just a few minutes to get to my office roughly two kilometers away. Before the Skytrain came along, the very same journey could take anywhere between 15-45 minutes.|
"I'm on the train, two stops away from you," she told the caller. "Will get there in a heartbeat."
That got me thinking. Getting somewhere in a heartbeat was – at least until 1999 – a luxury no Bangkokian could afford (unless they owned a private helicopter). I remembered when this city's traffic jams topped the list of things that would come to mind when people thought of Bangkok. (The next down in that list would probably be air pollution, but that's a subject for a later discussion!).
For many years I had this dream that I would be working to retain traditional craftsmanship among poor artisans in Egypt. I decided to make a leap and see if I as one individual could make a difference in the country where I was born, Egypt. I created a nonprofit, Ayadi (which means many hands in Arabic) and am now in Cairo trying to retain traditional craftsmanship in Cairo.
G24 Discusses Financial Crisis
The Ministers of the Intergovernmental Group of Twenty-Four (G24) met in Washington yesterday to discuss the global financial crisis and its widespread impact.
Following the meeting, they released a communique that highlighted, among other issues, the fact that the current crisis was having a "disproportionate effect on developing countries through various channels, including falling prices of primary commodities, sharply contracting exports, declining remittances, negative net private capital flows, and credit crunch affecting many countries"
G7 Addresses Recession and Downturn
The G7 Finance Ministers and Central Bank Governors met in Washington DC yesterday, amidst what they claim is "the the deepest and most widespread economic downturn and financial stress witnessed in decades."
I have received many encouraging responses to my first blog. Thank you. This time, let's look at Indonesia's budget. Last year, Indonesia's budget reached the magical threshold of US$100 billion.
Jobs aren't easy to come by these days, no matter where you live. The ongoing global downturn is making finding employment even more of a challenge, and in the middle of a job hunt, any advice is usually welcome. Which makes this recent post by political science professor Chris Blattman timely. He highlights development blogger Alanna Shaikh's five tips for finding an international development job – and adds a few of his own (see the tips after the jump).
The Bank released today the latest edition of the World Development Indicators, an annual Bank flagship. The WDI provides a comprehensive overview of development drawing on data from the World Bank and more than 30 partners.
"The WDI is the statistical benchmark that will help measure both the impact of the crisis and, eventually, of global recovery," says Shaida Badiee, director of the Bank's Development Data Group.
Some of this year's highlight focus on the economy, spread of new technology, migration, energy and climate change.
For example, did you know that India leads all countries in exports of information communication technology (ICT) services? ICT sector exports account for about 42% of total service exports. Ok, so that was an easy one.
But did you know that energy use has doubled since 1971? The United States, Japan, Germany, Russia, China and India consume most energy, and are the largest emmiters of carbon dioxide?
I was never too great with numbers or math. I guess you could call me a visual learner. Which is why I was intrigued after exploring Gapminder.org. The non-profit organization behind the website says it's dedicated to "unveiling the beauty of statistics." They attempt to do this with impressively interactive and animated graphs.
Afghanistan needs more well-trained Afghan soldiers and better Afghan police, but the question is who will pay for them? The country cannot afford to pay the additional costs out of its own limited budget resources—any further money coming from this source will be at the expense of much less funding for urgent development priorities like educating children, improving basic health, building public infrastructure, etc. Will the international community commit to provide predictable funding for a number of years for Afghanistan’s security sector? This is a critical backbone of the state, whose development is essential to over time progressively replace international military forces which are far more costly. Creating security forces without the ability to pay for them will lead to obvious problems. And while expanding the Afghan security forces, it is critical to ensure that sound oversight and accountability mechanisms are in place.