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East Asia and Pacific

An Accounting System Worthy of Earth Day: Natural Capital Accounting

Rachel Kyte's picture
When presidents, prime ministers, and government ministers of more than 60 nations put their countries’ names behind natural capital accounting last year at Rio+20, something shifted. Countries wanted a better way of measuring progress that went beyond GDP and factored in nature and its services.

Clearly that was no flash in the pan. Last week, I chaired a high-level ministerial dialogue on the margins of the IMF-World Bank Spring Meetings where government ministers and senior representatives of more than 40 countries came together to compare notes on how natural capital accounting is working for them.

Country after country – represented by finance, development, or environment ministers – talked about how natural capital accounting fit their countries’ priorities and how it could be a tool to address some of their key policy challenges. With each statement from the floor, it was clear that natural capital accounting is no longer an academic concept. It is alive and well and being utilized across the world in developing, middle, and high-income countries.

Why Finance Ministers Care About Climate Change & Sustainable Development

Rachel Kyte's picture

If you want to fundamentally change how countries use energy, value their natural environments, or combat climate change, you have to talk to the people who hold the purse strings.

That’s what we’re doing this week. Finance ministers from countries around the world are in Washington for the annual World Bank/IMF Spring Meetings. We’re talking with them about these issues and more as we help countries shift to more sustainable development.

Underlying everything: climate change. This isn’t just an environmental challenge – it’s a fundamental threat to economic development and the fight against poverty. I can’t repeat that often enough. If the world does not take bold action now, a disastrously warming planet threatens to put prosperity out of reach for millions and roll back decades of development.

On the Path to Resilient Development – 2015 & Beyond

Francis Ghesquiere's picture

Available 日本語

Building a sea wall in Kiribati. Lauren Day/World Bank

These are exciting days at the World Bank Group. We are getting ready to receive delegates from our 188 member countries, who will gather in Washington for the WBG-IMF Spring Meetings.

It is an especially important time for the Global Facility for Disaster Reduction and Recovery (GFDRR) and the disaster risk management team at the World Bank, as we prepare to host – together with the European Union, the Government of Japan, and USAID – the fourth round of the Resilience Dialogue. This round we are focusing on the role disaster and climate resilience can play in the post-2015 development framework.

Disaster and climate risks were not addressed as part of the original framework of the Millennium Development Goals (MDGs). Recent experience has provided countless examples of the devastating impacts of disasters – impacts that go well beyond dollar signs or GDP statistics. It has become evident that disaster and climate risks are impediments to the achievement of poverty reduction and sustainable development goals, and should therefore be integrated in the development framework that will replace the MDGs.

An Emotional Start to the 10th UN Forum on Forests

Peter Dewees's picture
Also available in: Türkçe

Prime Minister of Turkey Recep Tayyip Erdogan speaks at the UN Forum on Forests. Photo courtesy of IISD/Earth Negotiations BulletinUnited Nations events, usually crowded with diplomats and technocrats, aren’t normally those which raise a lot of emotion – though there have been exceptions. I remember in particular the admonition from a delegate of Papua New Guinea to the UNFCCC COP a couple of years ago that if the United States wasn’t going to lead on tackling climate change, then it should at least get out of the way. Or last year in Doha, when the delegate from the Philippines complained that "… as we vacillate and procrastinate here, the death toll is rising" from a recent typhoon in his country.

Yesterday, the 10th Session of the UN Forum on Forests opened with an especially heartfelt plea from Turkey’s prime minister that departed from the usual platitudes of global leaders when it comes to the environment.

10. BM Orman Forumuna Duygusal Başlangıç

Peter Dewees's picture
Also available in: English

Prime Minister of Turkey Recep Tayyip Erdogan speaks at the UN Forum on Forests. Photo courtesy of IISD/Earth Negotiations BulletinGenellikle diplomatların ve teknokratların doldurduğu Birleşmiş Milletler etkinlikleri, bazı istisnalar olsa da normal olarak çok fazla duygusal toplantılar değildir. Özellikle birkaç yıl önce UNFCC COP toplantısında Papua Yeni Gine temsilcisinin eğer Amerika Birleşik Devletleri iklim değişikliği ile mücadeleye önderlik etmeyecekse en azından yoldan çekilmesi gerektiği yönündeki uyarısını hatırlıyorum. Veya geçtiğimiz yıl Doha’da yapılan toplantıda Filipinler temsilcisinin ülkesinde kısa süre önce yaşanan tayfun ile ilgili olarak "… biz burada kararsızlık içinde beklerken ve oyalanırken ölü sayısı yükselmeye devam ediyor" şeklinde şikayet ettiğini hatırlıyorum.

Dün BM Orman Forumu 10. Oturumu Türkiye başbakanının çevre konusunda küresel liderlerin olağan klişelerinden farklı olarak içten bir çağrısı ile açıldı. Recep Tayyip Erdoğan Forumu şu sözlerle açtı:
“Eğer üzerimize giydiğimiz elbise Bangladeş’te 5 yaşındaki bir çocuğun umutlarıyla dokunduysa, eğer aracımıza koyduğumuz benzin Libya’da bir masumun kanıyla karıştıysa, eğer çocuklarımıza verdiğimiz çikolata Afrika’nın nehirlerine zehir kattıysa, eğer üzerimize giydiğimiz palto bir hayvan türünün yok olmasına sebep olduysa, evimizdeki mobilya yağmur ormanlarını yağmaladıysa, bu döngüden, böyle bir küreselleşmeden, böyle bir ticaretten rahatsız olmak, bunu derinlemesine sorgulamak ve buna çareler üretmek zorundayız…

Longreads: China 2013 Survey, Low Carbon Competitiveness, Pakistan’s Overseas Workers, the Great Chinua Achebe

Donna Barne's picture

Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.

 

LongreadsChina’s prospects stirred interest as the BRICs met in South Africa and a new survey by the Organization for Economic Co-operation and Development found China on course to become the world’s largest economy by 2016. The OECD study says China has “weathered the global economic and financial crisis of the past five years better than virtually any OECD country” and should be able to continue catching up and improving living standards over the next decade.  While the OECD study says China needs to shift to more environmentally friendly modes of consumption and production, a new Climate Institute/GE Low-Carbon Competitiveness Index finds that France, Japan, China, South Korea and the United Kingdom are “currently best positioned to prosper in the global low-carbon economy.”

Climate Institute/GE Low-Carbon Competitiveness Index
Climate Institute/GE Low-Carbon Competitiveness Index

Talking to 4,000 Women & Men about Gender: What Surprised Us Most

Stacy Morford's picture

In a new study on gender equality, researchers asked 4,000 people in 20 countries to describe the gender norms in their communities and the influence those norms have on their lives and their every-day decisions. The researchers spoke with men and women, youth and adults, living in villages and cities in developing countries, as well as higher income countries.

Here, three of the researchers describe their most memorable experiences from the interviews and the findings that surprised them the most.

The Fight to End Wildlife Crime Is a Fight for Humanity

Valerie Hickey's picture

Available in ไทย

Elephants in Kenya. Curt Carnemark/World Bank

Elephant ivory is on the march. Not elephants, but their ivory. The elephants are left bloodied and dead on the range. So are many rangers who work to protect a country’s natural capital. In the past 10 years, over 1,000 rangers have been murdered in 35 countries alone; the International Ranger Federation tell us that as many as 5,000 may have been murdered worldwide in that time.
 

At the CITES COP – the Conference of the Parties to the Convention on International Trade in Endangered Species – the halls in Bangkok ring loud with concern for the elephants and other charismatic species, particularly rhinos, that are being exterminated across Africa in pursuit of private profit, at the expense of communities that rely on nature for their food, shelter, start-up capital, and safety net in a warming world.


So why should the World Bank care? Our concern is to build strong economies and healthy communities by revving the engine of inclusive green growth as we prepare countries and communities for the impacts of climate change.

What does this have to do with elephant ivory you ask? Simply put, we cannot achieve our dream of a world without poverty without taking account of the rise in wildlife crime.

Enhancing Women’s Voice & Empowerment

Jeni Klugman's picture

A vendor stands next to her wares in East Timor. Alex Baluyut/World Bank

On March 5, just before International Women’s Day, we mark the launch of On Norms and Agency: Conversations about Gender Equality with Women and Men in 20 Countries. This book is the result of an important partnership between the World Bank and the Rockefeller Foundation, and of vital qualitative work that accompanied the 2012 World Development Report on Gender Equality and Development.

Those whose voices we hear through this report—both men and women—emphasize a central point again and again: that the ability to make effective choices and exercise control over one’s life is a critical dimension of well-being.

At the World Bank, we see this book launch as an important foundation for new directions.

Talking to the UN Security Council about Climate Change

Rachel Kyte's picture

Flags at the United Nations. UN Photos

This morning, I had the honor of speaking to the UN Security Council about an increasingly dangerous threat facing cities and countries around the world, a threat that, more and more, is influencing everything that they and we do: climate change.

World Bank President Jim Kim is in Russia right now talking with G20 finance ministers about the same thing – the need to combat climate change. Every day, we’re hearing growing concerns from leaders around the world about climate change and its impact.

If we needed any reminder of the immediacy and the urgency of the situation, Australia Foreign Minister Bob Carr and our good friend President Tong of Kiribati spoke by video of the security implication of climate effects on the Pacific region.

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