As I join my colleagues this week in Cape Town (South Africa), to exchange positive experiences on climate resilience at the 2018 Adaptation Futures Conference, I could be somber. The world’s premier knowledge event related to adaptation is taking place in a city coping with its worst drought ever. Signs at the airport, throughout the city and the hotel warn: “Don’t Waste a Drop!”, “Every Drop Counts” or simply “Save Water.”
climate change adaptation
In this future world, there will be greater resilience built into infrastructure – including our roads, our cities, and towns. Imagine a world where all communities have access to affordable, reliable, and sustainable energy, waste management services, transport systems and sustainable forests and agricultural practices. Our societies will have smart and scalable solutions built into every sector of our economies.
Here’s something you may not be aware of:It’s a statistic that matters in the face of two unrelenting challenges now facing the globe –how to turn the promises of last December’s historic Paris climate change agreement into reality and how to feed a growing global population.
Experts agree that its activities by people which are increasing the severity of storms like these. Climate change isn’t just projected to increase the intensity of hurricanes and cyclones, but a whole other range of other natural hazards, like droughts, floods, storms, and heat waves.
Just consider some statistics. It’s estimated some one point four million people move to cities every week. And by 2050, we will add nearly 2.5 billion people to the planet, with 90 percent of the urban growth in that time taking place in developing countries.
Yet living in cities can be risky business. Many large cities are coastal, in deltas or on rivers and at risk from of flooding from powerful storms or rising sea levels. Globally 80 percent of the world’s largest cities are vulnerable to severe earthquakes and 60 percent are at risk from tsunamis and storm surges.
Today, a group of 26 financial institutions from across the globe, including the World Bank Group, launched five voluntary Principles for Mainstreaming Climate Action within Financial Institution. The Principles are meant to support and guide financial institutions moving forward in adapting to and promoting climate-smart development, and have been developed based on practices implemented by financial institutions worldwide over the last two decades.
Climate change is affecting us all, but its impacts are hitting the poorest and those in poor countries hardest. That means developing countries vulnerable to sudden and slow-onset impacts of climate change need reliable and accurate weather and climate data and information to help them know when and how to protect their economies and communities.
During his visit to Washington last week, China’s President Xi Jinping confirmed that the world’s largest greenhouse gas emitter, which has pledged to reduce its carbon intensity and reach a peak of overall emissions by 2030, will use a cap-and-trade market approach to help realize this.
China already has 7 pilot markets in cities and provinces in place that cover 1 billion tons of greenhouse gas emissions annually. Under the national scheme, now to go live in 2017, this could increase to 4 billion tons according to Chinese researchers - making it the world’s largest national emissions trading system.
It’s an exciting step and demonstration of China’s commitment to achieve its low carbon goals.