But they also face a barrage of threats, from marine pollution and dwindling fish stocks, to the dramatic effect of climate change on coastal communities. Such challenges require new ways of thinking and innovative financing tools that address both the health and economic wealth of our oceans.
Seychelles is a good example of a country that is going beyond business as usual when it comes to preserving its natural assets. This deal raised funding to buy $21 million of Seychelles’ sovereign debt to reﬁnance it under more favorable terms, and then direct a portion of repayments to fund climate change adaptation, sustainable fisheries, and marine conservation projects – as well as to create an endowment for the benefit of future generations of Seychellois.
Getting people to make the switch is easier said than done: decades of car-centric development, combined with the persistence of the private car as a status symbol, have made it hard for policymakers to take residents out of their vehicles.
Against this backdrop, I was inspired to learn about the example of Suwon, Gyeonggi Province, a city of 1.2 million some 45km south of Seoul I visited on my last trip to the Republic of Korea.
Officials in Suwon have realized that, although awareness of climate change is becoming widespread, behavioral engagement hasn’t quite caught up. To overcome this challenge, the city decided to make sure residents could be directly involved in the design and implementation of its urban transport strategy.
- livable cities
- Citizen Participation
- Citizen Engagement
- urban design
- urban mobility
- urban transport
- sustainable cities
- Sustainable Communities
- sustainable transport
- sustainable mobility
- Public Sector and Governance
- Climate Change
- Urban Development
- East Asia and Pacific
- Korea, Republic of
In the last few years, CSA—which is an approach to agriculture that boosts productivity and resilience, and reduces GHG emissions- has gained momentum as understanding of its critical importance to the food system has risen. Nearly every government representative and farmer I meet during my missions (most recently in Bangladesh, Nepal and Pakistan) expresses genuine interest in making CSA part of their farming routines and agricultural sector.
This momentum is reflected in the Bank’s own actions. Since the Bank started tracking CSA in 2011, our CSA investments have grown steadily, reaching a record US$ 1 billion in 2017. We expect to maintain and even increase that level next year as our efforts to scale up CSA intensify.
Irrespective of which one we choose, the urgency and the incentive to act could never be clearer.
First, the “winter-is-coming” headline.
The challenges we face from a changing climate are more immediate and real than ever before. According to a new forecast published by scientists at the (UK) Met Office, “the annual global average temperature is likely to exceed 1 °C and could reach 1.5 °C above pre-industrial levels during the next five years (2018-2022). There is also a small (around 10%) chance that at least one year in the period could exceed 1.5 °C above pre-industrial levels (1850–1900), although it is not anticipated that it will happen this year. It is the first time that such high values have been highlighted within these forecasts.”
Peace cannot be kept by force; it can only be achieved by understanding.” ~ Albert Einstein
Today, conflicts have become more complex and last longer. About 2 billion people —about a third of the world’s population —now live in countries affected by conflict. This conflict is often linked to global challenges from climate change to human trafficking. Violent conflicts are no longer defined by national borders. They cost about $13.6 trillion every year and pose a significant threat to the 2030 agenda, which is why governments around the world are interested in taking more effective measures to prevent them.
For three days this month, the West African nation of Senegal was in the spotlight of global efforts to combat climate change and improve education in a rapidly changing world.
French President Emmanuel Macron and Senegal’s President Macky Sall co-hosted a conference in Dakar to replenish the Global Partnership for Education (GPE) – a funding platform to help low-income countries increase the number of children who are both in school and learning.
African leaders and partners stepped up to announce their commitment to provide an education that prepares children to compete in the economy of the future and advances socio-economic progress.
Heads of state from across the continent described their challenges—including terrorism, insecurity, the influx of refugee children who need an education, the strain on national budgets, and the cultural bias against educating girls.
Disaster risk management is a priority for many countries in the Latin America and the Caribbean region.
Crisis is becoming a new normal in the world today. In 2017 alone, adverse natural events resulted in global losses of about $330 billion, making last year the costliest ever in terms of global weather-related disasters. Climate change, demographic shifts, and other global trends may also create fragility risks.
- Human Capital
- Adaptive Social Protection
- Economic Crises
- Climate Change
- safety nets
- social protection
- South South Learning Forum
- Climate Change
- Labor and Social Protection
- South Asia
- Europe and Central Asia
- Middle East and North Africa
- Sierra Leone
- Yemen, Republic of
- South Sudan
- Sustainable Communities
While inland transport was included in the 2015 Paris Agreement and international air transport followed suit in 2016, progress in the international shipping sector, which carries 80% of the world’s trade volume, has been more modest. Back in 2011, the International Maritime Organization (IMO) did adopt a set of operational and technical measures to increase the energy efficiency of vessels. Realistically though, it may take about 25-30 years to renew the world’s entire fleet and make all new vessels fully compliant with IMO’s technical requirements.
In any case, focusing only on technical and operational efficiency simply won’t be enough. The demand for maritime transport is growing so quickly that, even when taking all these energy efficiency regulations into account, CE Delft projects that emissions from international shipping could still increase by 20-120% by 2050, while IMO estimates range between 50-250% for different scenarios. This clearly calls for a bolder agenda that includes credible market-based solutions, too.
To be honest, I have never really been a fan of motorsport racing, but Formula E is something different. Regular sports car racing has always felt too loud, too polluting and a bit pointless, but electric car racing is changing my perception rapidly. The most recent Formula E race and associated FIA Smart Cities event in Santiago, Chile last week highlighted the importance of sustainable mobility and the advantages of advancing electric technology as quickly as possible. Extremely fast electric cars, whooshing by cheering audiences with a distinctly electric whizzing sound, made me realize that the future is definitely now.