The investment needs for low-carbon, climate-resilience growth are substantial. Public resources can bridge viability gaps and cover risks that private actors are unable or unwilling to bear, while the private sector can bring the financial flows and innovation required to sustain progress. For this partnership to reach its full potential, investors need to be provided with the necessary signals, enabling environments, and incentives to confidently invest in emerging economies.
The countdown is now well and truly onto to the Paris climate change talks in France.
A key factor in the talks will be the national plans, known as the INDCs - Intended Nationally Determined Contributions – submitted to the UN ahead of the Paris conference. They are important building blocks for reaching a final agreement.
Given that emissions from land use contribute significantly to climate change, it’s important to note many countries have included the land sector, which covers sustainable agriculture and forestry, as a key part of their approach to mitigating climate change.
Also available in: Español
In the run-up to the COP21 climate conference, one question becomes central: where will we find the solutions on the ground—and the people to implement them—to realize the renewed political ambitions on climate?
The United Nations has designated 31 October as World Cities Day to highlight the many challenges and opportunities of global urbanization.
In his new video blog series, Ede Ijjasz-Vasquez, Senior Director of the World Bank’s Social, Urban, Rural and Resilience Global Practice (GPSURR), speaks with urban development specialists about what it takes to build sustainable cities – communities that are environmentally-friendly, competitive, inclusive, and resilient to disasters of today and disasters of tomorrow.
With all eyes on Paris climate meetings in December, we are at a critical moment to show that our efforts to reduce emissions from deforestation and forest degradation are moving from concept to reality.
The World Bank's Forest Carbon Partnership Facility, a 47-country collaboration, focuses on reducing emissions from deforestation and degradation, also known as REDD+; the Carbon Fund supports countries that have made progress on REDD+ readiness through performance-based payments for emission reductions.
- Climate Change
- Community Development
- Greenhouse Mitigation
- greenhouse gas emissions
- sustainable land management
- forest protection
- Forest Management
- Climate Change
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific
- Lao People's Democratic Republic
- Dominican Republic
- Cote d'Ivoire
The past month was full of climate-related stories in the media, including speeches by the Pope in Washington DC and New York, the joint China-US statement, and the announcement of China’s cap-and-trade scheme starting 2017.
We may still hear about differences of opinion on what is causing climate change and what needs to be done and by whom, but it is happening, and that efforts to resolve these differences are made in conventions and meetings, in houses of Congress, in media or public debate.
It has been a fascinating time to be in the United States and watch as the media and American public were transfixed by Catholic Pope Francis’ whirlwind three city sojourn to Washington DC, New York City and finally Philadelphia.
It was a trip of firsts. Pope Francis became the first Pope to address a joint session of the US Congress and then a day later marking another first in addressing the UN General Assembly just before member states unanimously adopted Agenda 2030 and the Sustainable Development Goals (SDGs).
It was fitting and profound to have the Pope frame the global goals’ agenda with his remarks, since in many ways his recently released encyclical, Laudato Si, embodies the integrated and indivisible nature of the sustainable development agenda.
It puts both environmental protection and social inclusion as part and parcel to ending poverty and extending dignity instead of being an add-on or at worst an afterthought.
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.
Many of my compatriots in Poland, where over 90 percent of power generation comes from burning coal, are concerned that the EU climate policy is a risky outlier.
They worry that the EU Emissions Trading System may expose domestic industry to unfair competitition and cause companies to move production to countries where emission costs are lower, something called “leakage”.
The two reports recently released by the World Bank may change this perception.