The level of partnership online among these groups has been unprecedented as the world collectively tries to address global challenges.
The same kind of cooperation that is driving impact on the ground is also driving awareness and advocacy more broadly as the world rises to these challenges. Below are just a few examples of how collaboration online has strengthened and amplified the global effort to end poverty in 2018 across three key themes.
Visit any community and you will see women breathing life into every part of the economy and society, be it in agriculture, healthcare, marketing, sales, manufacturing, or invention. Sustainable Development Goals (SDGs), the most ambitious set of goals that the international community has ever set for itself
However, The lack of recognition of women’s contributions, particularly through their businesses and economic activities, has severely limited their access to finance, new markets and knowledge – necessary for economic growth and poverty reduction.
While working in the Galápagos Islands in the late 1980s, I saw the interplay between the many interests on the islands: local fishermen taking advantage of the rich waters around in the archipelago; the research community building on the evolutionary theories discovered by Charles Darwin; the tourism sector responding to an ever-growing interest in the accessible and unique wildlife and fauna; and the rights of the Ecuadorian state to benefit from this national asset. Finding a way to balance these – sometimes conflicting – interests in a manner that allows for sustainable and equitable growth is what we today call the Blue Economy.
It provides the livelihood for hundreds of millions of the poorest and most vulnerable people in the world. By one estimate, it generates USD 3-6 trillion to the world economy. If it were a country, the oceanic economy would be the seventh largest in the world.
The news headlines are grim. A male pilot whale dies on a Thai beach having swallowed 80 plastics bags; images of turtles stuck in six-pack plastic rings; a sad photo of a tiny seahorse clinging to a plastic ear-bud goes viral.
But the world is taking note and countries, the private sector, and communities are starting to act. From bans and taxes on various single-use plastics, to investments in waste collection, and policies on reduced plastics packaging, to beach clean-ups.
This year, World Environment Day focuses on “Beating Plastic Pollution”. The World Bank is contributing to this effort, using our suite of lending instruments and policy dialogue with key countries and cities to help identify and finance solutions to address the marine plastics issue. For example, Since 2000, the World Bank has invested over $4.5 billion to help improve more than 300 solid waste management programs to reduce pollution leakage, including plastics, into our environment. The Bank is also studying the flow of plastics into the ocean through a series of plastics pollution hotspot analyses to prioritize investments and look for quick wins.
But it is going to take more than building better solid waste management systems. Everyone needs to be on board to solve this problem and individual actions count.
Here are five things YOU can do—starting TODAY —to end plastic pollution:
The North Atlantic hurricane season officially opens June 1, and there are predictions that storms this year could be worse than average again. That would be bad since last year was the costliest year on record for coastal storms. Communities and countries across the Caribbean and SE USA were particularly hard hit. The need for resilient solutions to reduce these risks is paramount.
Nonetheless it has been difficult to convince most governments and businesses (e.g., insurance, hotels) to invest in these natural defenses in the absence of rigorous valuations of these benefits.
So in 2016 The Nature Conservancy teamed with the World Bank and scientists from the public, private and academic sectors to identify how to rigorously value the flood protection benefits from coastal habitats. In short, we recommended that we value this ecosystem service by adopting tools and from the engineering, risk and insurance sectors and following an Expected Damage Function (EDF) approach. This approach assesses the difference in flooding and flood damages with and without coastal habitats such as mangroves across the entire storm frequency distribution (e.g., 1-in-10, -25 and -100 year storms).
Solar’s growing share of the energy mix is being driven by better storage capacity and attractive generation costs. Large solar parks are now competitive with most alternatives; their average cost is below 5 cents per kilowatt-hour in some developing countries. Smaller-scale solar grids are also getting more competitive, opening new paths to financing this clean energy source. With rapid improvements in energy efficient lighting, refrigeration, water pumps, and other technologies for households, solar may soon be as game-changing as mobile phones have been in the last decade.
Solar’s potential is evident from its quick growth in India, where installed capacity recently topped 20 gigawatts (GW), putting the country closer to its ambitious target of 100 GW from clean energy by 2022 (an amount comparable to total installed capacity in the United Kingdom).
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But they also face a barrage of threats, from marine pollution and dwindling fish stocks, to the dramatic effect of climate change on coastal communities. Such challenges require new ways of thinking and innovative financing tools that address both the health and economic wealth of our oceans.
Seychelles is a good example of a country that is going beyond business as usual when it comes to preserving its natural assets. This deal raised funding to buy $21 million of Seychelles’ sovereign debt to reﬁnance it under more favorable terms, and then direct a portion of repayments to fund climate change adaptation, sustainable fisheries, and marine conservation projects – as well as to create an endowment for the benefit of future generations of Seychellois.
I first met Solomon in the early 1980s on Sierra Leone’s Plantain Island, when he volunteered his canoe for a trial program modernizing sails to reduce dependence on petrol for outboard engines. Solomon soon became my friend, and I followed his fortunes and struggles as a fisherman working on Yawri Bay.
Solomon died before he could see the positive outcomes in sustainable fisheries management in West Africa. I especially wish he could have reveled in recent reduction in illegal fishing and large scale industrial trawlers that had taken away his livelihood. Instead, the narrative of his life captures the harsh existence of fishing communities and the added burdens they have had to bear as successive governments failed to manage the once limitless fishing on which they depend.