Syndicate content

Olympics

Longreads: The Way Out of the Food Crisis, Extreme Heat and Global Warming, London 2012 Bridges Divide, Combating Ebola

Donna Barne's picture

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

 

Food crisis warnings are getting louder, with many urging action to head off a repeat of 2007-08’s soaring prices and shortages. The Hindu lists driving forces behind food crises and “corrective steps” in “The Looming Global Crisis and the Way Out.” The story suggests a food crisis is no longer a “freakish phenomenon” in the same way extreme weather is no longer disconnected from global warming. Hot, very hot, and extremely hot summer weather has become more common since 1951, according to research by the National Aeronautics and Space Administration. NASA includes a visualization of temperature changes through the decades in “Research Links Extreme Summer Heat Events to Global Warming.” The just-wrapped London Olympics that dominated the Twittersphere for two weeks wasn’t a mere sporting event, argues The Guardian in “Briefly But Gloriously, London 2012 Bridged the Divide.” The Games at times demonstrated the power to “transcend negative stereotypes and transform perceptions” of developing countries. With concern over an Ebola Virus outbreak easing in Uganda, Development Policy Blog interviews epidemiologist Dr. Kamalini Lokuge, a veteran of responses of Ebola outbreaks, before her trip to the stricken area.

Agreement on climate change financing: 'the greatest economic stimulus of all'

Angie Gentile's picture

Morocco. Photo credit: © Curt Carnemark/World Bank

At a Program of Seminars session Monday on “Greening Recovery, Seizing Opportunities,” more than 300 people turned out to hear experts such as Nobel laureate Joe Stiglitz and UNEP Executive Director Achim Steiner outline how “green” investments are being used as parts of economic stimulus packages.

They were joined by Luciano Coutinho (President, BNDES – Brazilian Development Bank), Yoon-Dae Euh (Chairman, Korean Presidential Council on Nation Branding and Chairman, Steering Committee, Korean Investment Corporation), and Hasan Zuhuri Sarikaya (Undersecretary, Ministry of Environment and Forestry, Turkey).

For Stiglitz, the principal question now in responding to the financial and economic crisis is how to increase global aggregate demand. Instead of increasing consumption, he said, more funding should go to increase investment – particularly green investment.