More than 180 countries have submitted their intended national climate plans to get on a low-carbon development pathway ahead of COP21 climate talks, now underway in Paris.
Called the Intended Nationally Determined Contributions (INDCs), most include mitigation targets to be implemented by 2025 or 2030. But these plans are not just about numbers. Many of them, particularly those put forward by developing countries, also propose climate actions within the countries’ overall development framework, including adaptation. Hardly surprising, as after all, tackling climate change is about effectively managing a country’s economy.
This certainly seems to be the case for China.
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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?
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
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.
New York this week plays host to Climate Week 2015, where business and government leaders are convening to make pledges and commit to actions to demonstrate that development does not have to come at the expense of the environment.
One year ago this event was a forum for the New York Declaration on Forests, a public-private compact to end natural forest loss by 2030.
Now one year on, the World Bank Group remains an active partner working with countries and companies to help turn forestry commitments into actions on the ground.
This week, the World Bank Group released the latest version of our annual State and Trends of Carbon Pricing report. It reports that today,
This represents the equivalent of about 7 billion tons of carbon dioxide, or 12 percent of annual global greenhouse gas emissions.
As world leaders come together at the UN General Assembly to adopt new sustainable development goals, climate change activists gear up for Climate Week in New York City and the Pope brings his message to the United Nations, a shared vision of our future is coming into clear focus.
If we are to eradicate poverty, we need to tackle climate change. And since 2008, the $8.1 billion Climate Investment Funds (CIF) has been showing it is possible for countries to pursue sustainable development in a way that does just that.