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Climate Change

Global solidarity to finance the Sustainable Development Goals

Jeffrey D. Sachs's picture

Achieving sustainable development depends on incremental investments in six priority transformations: building human capacities (health, education, new job skills); decarbonising energy; promoting sustainable agriculture and biodiversity; building smarter cities; implementing the circular economy; and harnessing the digital revolution. As such, sustainable development and the 17 Sustainable Development Goals (SDGs) in particular pose a financing challenge. There are three distinct financing conundrums to solve: financing complex infrastructure, financing public services and amenities, and shifting investments from unsustainable to sustainable technologies. I discuss these in turn.

Making room for Africa's urban billion

Sebastian Kriticos's picture

By 2050, more than a billion people will be living in African cities and towns. As more and more of the continent’s population – 60 percent of whom live in the countryside – move to urban areas, pressures on land can only intensify. How should we make room for this massive urban expansion? How will city structures have to change to accommodate Africa’s urban billion? And could well-directed policy help spring African cities out of the low-development trap? These questions were at the core of discussions at the World Bank’s 5th  Urbanisation and Poverty Reduction research conference on September 6th 2018.

Ending hunger to end poverty, ending poverty to end hunger

Martien van Nieuwkoop's picture

Last week we had World Food Day on October 16 and World Poverty Day on October 17.  The good news from World Poverty Day is that there is global progress on reducing extreme poverty.  Based on the latest available data, it is estimated that in 2015 there were 736 million people living on less than US$1.90/day, which compares very favorably to the 1,895 million people living in extreme poverty in 1990.  And while the world’s population grew from 5.3 billion in 1990 to 7.4 billion in 2015, the poverty rate fell from 36 percent to 10 percent or 1 percentage point per year on average over this period. 

Bouncing back: Resilience as a predictor of food insecurity

Erwin Knippenberg's picture

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. 

When cyclones strike: Using mangroves to protect coastal areas

Susmita Dasgupta's picture

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.

Big data is all around. How do we harness it to drive the change we need?

Andrew Steer's picture
Today’s technological revolution is generating a wealth of social and environmental data. Every day, the world produces a staggering 2.5 quintillion bytes of new data.
 
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.
 

Women, cities, and opportunity: Making the case for secure land rights

Klaus Deininger's picture

Also available in: Français 

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.

International transfers of mitigation to achieve the goals of the Paris Agreement

Michael Toman's picture
More than a year has passed since the signing of the Paris Agreement under the United Nations Framework Convention on Climate Change, in which developed, emerging and developing countries across the world have pledged to limit or reduce their greenhouse gas emissions (GHGs) as a start toward limiting dangerous climate change. Under the Agreement, countries can work together to reduce emissions. Mike Toman, a Lead Economist in the World Bank’s Development Research Group, and Motu’s Suzi Kerr have come up with three basic guidelines for financing of emissions reductions in less economically advanced countries:
  1. Do not conflate “international carbon markets” with “internationally transferred mitigation outcomes.”
  2. Be cautious about the apparent gains from linking emissions trading markets.
  3. Create contracts between developed and developing country governments for internationally transferred mitigation obligations.

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