We were standing at ground zero in the fight against climate change, looking at a still body of water and talking. Our group was gathered along the edges of a “farm pond,” a technique used by farmers to enhance agricultural resilience to climate change, which often impacts countries through crippling droughts. A farmer demonstrated the measures he had taken to protect his livelihood from the extreme weather events that were increasingly common in his region.
Morocco, the host of COP22 happening this week and next in Marrakech, is an example of a country that is working closely with the World Bank and other organizations to shift its economy onto a low carbon development path.
It just submitted its official climate plan, or nationally determined contribution, NDC, where it pledges a 42% reduction below business-as-usual emissions by 2030. This is 10 percentage points more ambitious than it previously laid out, ahead of Paris, and we see the plan affecting a growing number of sectors in the economy. Morocco plans a $13 billion expansion of wind, solar and hydroelectric power generation capacity and associated infrastructure that should see the country get 42% of its electricity from renewable sources by 2020, ramping up to 52% by 2030.
By advancing towards our ambitious GHG reduction target – 37,5 % of 1990 levels in 2030 – Québec demonstrates that proactive States and Regions are part of the solution to fight climate change. To address this challenge, we have decided to set up a carbon market linked with California through the Western Climate Initiative in 2014. In 2017, our carbon market will also be linked with Ontario. Last August, Québec and Mexico signed a joint statement to affirm their desire to widen their collaboration on cap-and-trade. Jurisdictions have many options when it comes to earmark their carbon-pricing revenues; Quebec’s choice, to entirely reinvest the revenues of its carbon market in climate actions, shows that we really understand the urgency of acting immediately and boldly. Thanks to CPLC’s leadership and knowledge-sharing initiatives, we now have an additional opportunity to share our stories and learn from each-other’s experiences with carbon pricing.
The remarkable pace at which nations of the world have ratified the Paris Agreement on climate change gives us all hope. It signals the world is ready to take the actions we need to keep global warming below 1.5 degrees Celsius. We know, however, that delivering on Paris comes with a high price tag, and that we need to help countries not just transition toward renewable energy but unlock the finance needed to get there.
Amid the enormous challenge ahead, I want to emphasize .
Ethiopia, the single largest African coffee producer and the world’s fifth largest, is commonly considered to be the birthplace of coffee. It’s hardly a surprise that when you survey the landscape of Ethiopia’s Oromia region, an area the size of Italy, it is bespeckled with native Coffea arabica farms.
In Ethiopia, . So it was quite fitting to focus on the country’s smallholder coffee farmers in Oromia for a project to help promote climate-smart “green” practices.
This week, the World Bank Group’s BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) announced it was taking part in a project together with the Bank Group’s private sector arm, the International Finance Corporation (IFC), along with the international coffee company, Nespresso and the non-profit, TechnoServe.
- BioCarbon Fund Initiative for Sustainable Forest Landscape
- International Finance Corporation
- Climate Smart Agriculture
- sustainable forest management
- Climate Change
- Private Sector Development
- Agriculture and Rural Development
The day kicked off with the High-level Event on the Entry into Force of the Paris Agreement, hosted by Secretary-General Ban Ki-moon in the General Assembly. Ban Ki-moon declared that more than 55 countries had formally joined the Paris Agreement on climate change signed by world leaders this past April, thus officially crossing one of the two thresholds required to bring into force the landmark pact that seeks to put the world on a path towards low-carbon growth and a more sustainable future.
“There is no time to waste. Today will take us one step closer to bringing the Paris Agreement into force this year,” the UN chief stressed. With the recent announcement that India is committed to ratifying the Paris Agreement, it looks like it is increasingly a done deal.
Last month, a new wind farm began spinning its blades in Jamaica. At 36 megawatts (MW) it became Jamaica’s largest private-sector renewable energy project, set to diversify the country’s energy matrix, reducing its high electricity prices and generating significant environmental and social benefits.
People have been harnessing water to produce energy and perform work for thousands of years. The ancient Greeks used watermills to grind wheat into flour. Ancient Romans used the power of water to cut timber and stone. During the Han dynasty in China, hydraulically operated pumps raised water for crops into irrigation canals. .
Today it represents 16.6 percent of the world’s total electricity production while contributing 80% of the global renewable electricity mix.
Here’s something you may not be aware of:It’s a statistic that matters in the face of two unrelenting challenges now facing the globe –how to turn the promises of last December’s historic Paris climate change agreement into reality and how to feed a growing global population.
, improving educational outcomes, safeguarding food and minimizing its waste, improving healthcare, and supporting countries’ digital ambitions (that computer of yours heats up pretty fast). And all of this, from improved productivity to education to health, is vital to eliminating extreme poverty and boosting shared prosperity across the globe.