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Demystifying Natural Capital Accounting: 10 African Countries Sign On

Credit: Juan-Vidal, Creative Commons

We’ve all seen what happens when natural capital is undervalued. Oceans that billions of people rely on for food and income get overfished and become dumping grounds for chemicals and waste. Mangroves that protect shorelines from storms are replaced with resorts.

Many countries are looking beyond GDP to help them address the challenges undervaluing natural capital has created. What they need is a measure of a country’s wealth that includes all of its capital — produced, social, human, and natural capital.

In Botswana at the Summit for Sustainability in Africa this afternoon, 10 African countries endorsed the need to move toward factoring natural capital into systems of national accounting. By Rio +20, the upcoming UN Conference on Sustainable Development, we hope to see 50 countries and 50 private corporations join this effort.

In Africa, Seizing Carbon Finance Opportunities


I’m amazed at what Africa is doing to address climate change, a crisis in the making that could have devastating consequences on the continent, its agriculture, and millions of people who had little role in creating it.

The latest updates came during the 4th Africa Carbon Forum in Addis Ababa, Ethiopia. What I heard there was quite a change from the Forum four years earlier and not what I had expected.

Estimating the Global Cost of Homophobia and Transphobia

Since 2004, May 17 has been the International Day against Homophobia and Transphobia – a day of remembrance about how discrimination affects sexual minorities worldwide.

Some of homophobia’s consequences are well-known: lack of access to education and health care, violence, unemployment, illiteracy, displacement to urban areas, lack of legal rights, loss of community-based safety nets, brain drain, lack of economic opportunities, lack of access to land, exclusion from informal networks, mental health problems and substance abuse, suicide, imprisonment, lack of cultural representation, and, of course, HIV/AIDS.
 
However, the amplitude of LGBT economic marginalization and the costs of homophobia are unknown. Those who suffer homophobia in the West are not always economically disadvantaged (think Elton John or most gay middle-class American men). Nevertheless, LGBT people worldwide, as I have experienced on my current trip to Nepal and India, are also very often poor, sometimes profoundly.

The Journey to Renewable Energy Starts with a Map


At the December 2009 Copenhagen climate change conference, Saad Hariri, then Prime Minister of Lebanon, announced his country’s new target for renewable energy: 12% of the national energy mix, to be achieved by 2020. This prompted an intense wind-mapping effort that concluded a year later, with an estimate that Lebanon’s onshore windpower potential is 6.1 gigawatts (GW)—more than a third of current consumption—said Pierre El-Khoury, Manager of the Lebanese Energy Ministry’s Center for Energy Conservation.

El-Khoury outlined Lebanon’s wind-mapping exercise at a Washington workshop on renewable energy resource mapping hosted by the Energy Sector Management Assistance Program (ESMAP) May 9. The Lebanese wind atlas, developed in collaboration with GL Garrad Hassan and Partners, and financed by UNDP and Spain, has identified eight optimal sites for wind farms, of which three will be selected for development. El-Khoury and others cited the government commitment to a target for renewable energy as a “main driver” of the resource mapping that followed.

Inclusive Green Growth Is Smart Growth, as South Korea Is Proving

One of Asia’s fastest growing economies in the last 40 years, South Korea, has emerged as a manufacturing powerhouse that has virtually eliminated poverty.  Its resilient economy survived the 2008–2009 financial crises better than almost any other country, but it is far from complacent.  Korea spends a bigger percentage of GDP on research and development than Germany, the UK and the US.

Today, Korea is a global champion of green growth with a long-term plan for transitioning to green growth and a focus on exporting green tech, and it is moving away from energy imports and energy-intensive industries.  Korea’s journey is not complete, but its progress stands as an inspiration to developing countries wherever they are in theirs.

At the second Global Green Growth Summit, in Seoul on Thursday, President Lee Myung-bak reinforced Korea’s commitment to playing a leadership role on the global stage, restating Korea’s commitment to increasing official development assistance through to 2020 and announcing that 30 percent of that ODA will be green.

Launching our report in Seoul was an excellent opportunity to further strengthen our partnership with Korea and expand our inclusive green growth knowledge base.

Song as Evidence, Song as Voice




There’s a new book on the seemingly limitless landscape of Indian ethnography.  Smita Tewari Jassal’s Unearthing Gender: Folksongs of North India was launched last week in Maryland.  It uses folksongs to construct patterns of gender relations in North India, notorious for son preference and daughter neglect, underpinned by women’s lack of property rights. 

That the author uses songs as evidence is not new.  But her observations on how and whether researchers can enter into the concentric and circumscribed worlds of women are a refreshing insight into those worlds themselves. 

Innovative Approaches Urgently Needed to Deliver Energy to Urban Poor


Back in 2004, the electrical utility in Brazil’s biggest city had a major problem. AES Eletropaulo was losing a large proportion of its revenue due to almost half-a-million illegal connections, most of them in São Paolo’s slums. Not only that, but they were causing often multiple-house fires on a monthly basis, along with frequent electrocutions.  But the utility’s efforts to fix the problem were stymied by its poor relations with slum-dwellers, which made it almost impossible to work in these communities.

AES Electropaulo decided to shift course and made a concerted effort to open a dialogue with São Paolo’s urban poor. New credit instruments were extended to poor families, and campaigns conducted on smart energy consumption and the benefits of safe connections. The breakthrough came with AES Eletropaulo’s decision to train large numbers of local agents who conducted door-to-door outreach to households in slum areas to listen to their comments and concerns. In the process, new safe, efficient connections were extended to 1.4 million households across the vast metropolis.

AES Electropaulo’s effort is just one example of the approaches being taken by countries around the world to meet one of the world’s greatest development challenges:  delivery of modern energy services to the urban poor. 

‘Simplicity’ Key to Results-Based Aid & Financing

“Results-based approaches” (RBAs) to development financing have mushroomed in recent years, partly due to tighter aid budgets, but more in response to a consensus that has emerged at development effectiveness forums in Rome, Paris, Accra and Busan.

RBAs have been adopted in numerous health and water projects, where expansion of access to a service—typically an immunization, an attended birth, a water connection—is the key indicator.

But RBAs are more scarce in the energy sector.

Why? Is the energy sector too complex? Are energy business models too diverse? Is there a results-based model that could work in the energy sector?

New Documents and Reports Website Makes Search Easier

Documents and Reports websiteThe new Documents and Reports (D&R) website, which gives users easier access to all World Bank Group public documents from 1946 till today, launched March 30 and is ready for business.

The site comes with better search capabilities and more user-friendly features. This is one of the first steps to replace the old D&R site, also known as the World Development Sources (WDS) site, and the redesign was based on feedback from many different user groups. Key features of the new site include:
 

 Open Development

 World Bank Data

Millennium Development Goals