More than 700 million people live in extreme poverty around the world. If that number seems daunting, then consider this: 1.1 billion people – more than three times the population of the United States – live without electricity.
So it goes without saying that ending energy poverty is a key step in ending poverty itself. And world leaders agree – a sustainable development goal just for energy was adopted last month. It emphasizes the role of renewable energy in getting us to the finish line of reaching sustainable energy for all by 2030. What will give us a big boost in that race? Private financing.
Too often, the conventional wisdom in diplomatic or scientific circles is that the general public doesn't know what's good for them when it comes to foreign policy or tackling global threats. It's too complicated, the experts say; the public wouldn't understand. Yet new polling suggests that many in the public understand very well how global infectious disease outbreaks pose a serious threat to their lives and economic security - and they know what should be done about it.
With the Ebola outbreak waning but not yet over, the three most affected countries must now find ways to rebuild their economies and strengthen their health systems to try to prevent another health crisis in the future.
To that end, the presidents of Guinea, Liberia, and Sierra Leone came to the World Bank on April 17 to ask for help funding an $8 billion, 10-year recovery plan for the three countries, with $4 billion needed over the next four years to accelerate recovery. More than $1 billion was pledged by the end of a high-level meeting at the start of the World Bank Group -IMF Spring Meetings – including $650 million from the World Bank Group.
Executives from Alstom, the Swedish pension fund AP4, Deutsche Bank, and the French pension fund ERAFP joined finance ministers for an informal climate ministerial discussion about carbon pricing during this year's World Bank Group/IMF Annual Meetings. After the meeting, Rachel Kyte, the World Bank Group's vice president & special envoy for climate change, described the conversation and some of the takeaways.
In September, the world’s top scientists said the human influence on climate was clear. Last month, they warned of increased risks of a rapidly warming planet to our economies, environment, food supply, and global security. Today, the latest report from the UN Intergovernmental Panel on Climate Change (IPCC) describes what we need to do about it.
The report, focused on mitigation, says that global greenhouse gas emissions were rising faster in the last decade than in the previously three, despite reduction efforts. Without additional mitigation efforts, we could see a temperature rise of 3.7 to 4.8 degrees Celsius above pre-industrial times by the end of this century. The IPCC says we can still limit that increase to 2 degrees, but that will require substantial technological, economic, institutional, and behavioral change.
Let’s translate the numbers. For every degree rise, that equates to more risk, especially for the poor and most vulnerable.
International Green Week in Berlin, the world's largest exhibition for agriculture, food, and horticulture, is the sort of place where you can taste food from all over the world, see animals of all shapes and sizes (ever heard of a Pustertaler Schecken?), and explore the latest innovations in GPS-guided agricultural machinery. The event attracts not only 400,000 curious visitors, it also draws global decision-makers from government, the private sector, science, and civil society, including some 70 ministers of agriculture.
Established in 1926, this event could probably make a reasonable claim that it has seen it all before. But, of course, it hasn’t. This year, the focus was on resilience.
The already present impacts of climate change are demanding innovation and partnership in agriculture on a scale never seen before. It is not an academic discussion about some uncertain future – it is posing challenges to farmers today, and it’s having an impact on their bottom lines.
When Jane Otai said there are flying toilets in slums of Nairobi, most of her audience, like me, was trying to figure out what she meant.
A few others laughed softly. Because there are no toilets, she said, “people just do it [in bags] and throw it on the rooftops.” And it is really difficult for women and girls, she added.