One in eight people worldwide still go to bed hungry every night, and the increased severity of natural disasters like droughts only exacerbates this situation. Humanitarian agencies and development practitioners are increasingly focused on helping the most vulnerable recover from the effect of these shocks by boosting their resilience.
Massive flooding from storm surges is a major threat to lives and property in low-lying coastal areas during cyclones. Recent examples of devastating cyclone-induced storm surges include Haiyan 2013 (5.2m or 17 feet), Aila 2009 (4m/13ft), Ike 2008 (4.5m-6m/15-20 feet), Nargis 2008 (more than 3m/10ft), Sidr 2007 (4m /13ft), Katrina 2005 (7.6m-8.5m/25-28 feet). The impacts are particularly disastrous when storm surges strike densely populated coastal areas.
Our ability to collect and process complex information has the potential to transform how we manage our environmental footprint. But creating information and actually using it to drive change that benefits both people and the planet are two very different things.
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Land and property lie at the center of many of today’s pressing development challenges. Consider that at most 10% of land in rural Africa is reliably registered. At this week‘s annual Land and Poverty Conference here at the World Bank, we will hear how this vast gap in documentation of land gap blunts access to opportunities and key services for millions of the world’s poorest people, contributes to gender inequality, and undermines environmental sustainability.
- Do not conflate “international carbon markets” with “internationally transferred mitigation outcomes.”
- Be cautious about the apparent gains from linking emissions trading markets.
- Create contracts between developed and developing country governments for internationally transferred mitigation obligations.
A few years ago, West Africa was gripped by the Ebola outbreak. The onset of the virus devastated communities and weakened the economies of Guinea, Liberia, and Sierra Leone.
Ebola moved quickly and an immediate response by development partners was badly needed. The governments of the three affected countries requested assistance from UN agencies and the World Bank to lead a coordinated effort to curb the epidemic. The Bank responded by restructuring ongoing health projects to free up resources for the governments to quickly contract UN agencies.
In pursuing meaningful sustainable development, and investing in conservation and redressing the environmental damage caused by decades of neglect, we need to better explore and understand the role of international cooperation and why human values and ethics are central to this debate.
International cooperation. A key ingredient for generating a sustainable development path will have to be a significant strengthening of the current mechanisms of international cooperation, which have turned out to be insufficient to meet the global challenges that we face. The process of globalization is unfolding in the absence of equivalent international institutions to support it and harness its potential for good.
I’ve suggested recently that although high economic growth in recent decades has greatly improved average life expectancy, infant mortality, and other leading indicators policymakers and development practitioners were still worried about the sustainability of these trends and whether people in developing countries would eventually enjoy the high standards of living of high-income countries. This, against the background of a planet under increasing stress, particularly as a result of climate change. In this blog, I explore some of the actions needed to sustain our global economy.