About 80 government representatives from more than 30 countries just concluded the 9th Assembly of the Partnership for Market Readiness (PMR) – three days of rich discussions on various domestic policy instruments that put a price on carbon, such as emissions trading systems (ETS), carbon taxes, and payments for emission reductions. At the same time, private sector firms are arriving in Cologne to attend Carbon Expo which runs until the end of the week.
A timely “rendezvous” between the two sectors – public and private – took place today on the subject of carbon pricing policies. The event, hosted by the World Bank’s PMR, the International Finance Corporation, and the International Emissions Trading Association (IETA), invited leading private firm and government representatives to discuss the initial findings of a study by the PMR and the Center for Climate and Energy Solutions (C2ES), which interviewed three companies – Rio Tinto, Shell, and U.S. utility Pacific Gas & Electric (PG&E) – on how they are preparing for a carbon price.
Along the Philippine coast, where Typhoon Yolanda (Haiyan) was so powerful it swept ships onto the land late last year, poor families have started to rebuild their homes, often in the same high-risk zones. Their experience has been a powerful symbol for the rest of the world. We can't eradicate poverty unless we find a way to manage climate change, says Rachel Kyte, the World Bank Group's vice president and special envoy for climate change.
In this video blog, Kyte describes the recovery in Tacloban and the need to build resilience to all development planning.
Average economic losses from natural disasters are rising, despite considerable efforts to better manage risk from natural hazards over the last few decades. Data from Munich Re shows a sharp rise, from $50 billion a year in the 1980s to just under $200 billion annually in the last decade. Population growth, rapid urbanization, and climate change are compounding these losses. Securing prosperity in the midst of growing hazards is an enormous challenge that demands a new approach to development.
The international community is rising to meet this challenge head-on. Last week in Oslo, Norway, I had the privilege of participating in the 15th Consultative Group Meeting for the Global Facility for Disaster Reduction and Recovery (GFDRR), where 75 representatives from partner countries and international development organizations met to help scale up and better mainstream efforts to build climate and disaster resilience in some of the most vulnerable communities around the globe.
With the importance of this effort in mind, I co-authored an article with Norwegian Minister of Foreign Affairs Børge Brende, in which the minister and I argue that sustainable development gains require a new approach towards mitigating risk from climate change and natural hazards. After the recent days spent with my colleagues in Norway, I’m encouraged by the shared enthusiasm of GFDRR and its partners for the task ahead. It’s time to get to work.
Listening to Dr. RK Pachauri deliver the first Robert Goodland Memorial Lecture at the World Bank last month, I could not help thinking of Dumbledore – the very wise headmaster of Hogwarts, the school where the drama in Harry Potter’s life unfolds. If only Pachy, as his friends call him, had Dumbledore’s magical powers, climate change would not be a problem. Alas, he is only human. But a very wise and accomplished one who heads the IPCC that just issued its fifth assessment report on climate change, and that is what he focused his lecture on.
Two things stuck in my mind as I listened to him.
For those plugged into the climate change conversation, land use and “climate-smart agriculture” (CSA) are hot topics, especially in the lead up to September’s UN Summit on Climate Change.
There is tremendous urgency in moving this agenda forward. We are now beyond discussing whether we need sustainable intensification. To enhance food security in the face of climate change, we will need agriculture systems that are more productive, use inputs more efficiently, and are more resilient to a wide and growing range of risks. This will mean changing the way land, soil, water, and other inputs are managed. But because agriculture varies from place to place, and climate change will impact each location differently, climate-smart agriculture needs to respond to local conditions. It is not a one-size-fits-all approach to agriculture, but rather a framework to be applied and adapted – a paradigm shift in thinking and action.
On the occasion of the release of the new Intergovernmental Panel on Climate Change (IPCC) report on the Mitigation of Climate Change last week, I had an opportunity to hear from some of the leading experts and policymakers and to zoom in on one of CSA's three goals, along with increasing productivity and building resilience: meeting global food needs with lower emissions.
Unfortunately, global agriculture systems have a long way to go before they can be considered sustainable by any reasonable standard. And we are certainly far away from being a sector that has a reduced or low footprint: The way we manage our agricultural landscapes globally produces a quarter of global greenhouse gas emissions. Agriculture poses a bigger emissions problem than transport and other sectors that are traditionally viewed as the big emitters.
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"This meeting is going to be different. It’s going to be a turning point from the lofty, theoretical policy deliberation to real action on the ground to save our planet’s green lungs and our global climate." Those were my thoughts last week when I walked into a packed conference room in Brussels, Belgium, where a crowd of about 80 people from around the globe had gathered to learn about cutting-edge proposals from six pioneering developing countries with big, bold plans to protect forests in vast areas of their territories.
Chile, the Democratic Republic of Congo (DRC), Ghana, Mexico, Nepal, and the Republic of Congo came to the 9th meeting of the Carbon Fund of the Forest Carbon Partnership Facility (FCPF) to convince 11 public and private fund participants to select their proposal as one of a small group of pilots intended to demonstrate how REDD+ can work.
Playing charades with my nine-year-old over the weekend, I was surprised when he gave black smoke as a clue for diesel. When I was his age, I probably would have given bus or truck as a clue.
The word diesel derives from the inventor Rudolph Diesel, who developed a heavy-duty engine in Germany in the late 1800s. Diesel fuel is any fuel used in diesel engines. The combustion of diesel fuel provides the power to move heavy-duty vehicles, such as buses and trucks. It also results in emissions of fine particles, often in the form of black smoke, along with a number of other chemical compounds.
In 2012, the World Health Organization (WHO) declared the emissions from diesel combustion to be carcinogenic. Last month, the WHO released data showing that more than 7 million deaths are caused by indoor and outdoor air pollution. The black smoke from diesel engines is a part of outdoor air pollution contributed by buses and trucks, as my son would tell me after we finished our game.
What he does not know as yet is that a study by a team of international scientists in 2013 noted that diesel smoke consists primarily of black carbon, which has a strong global warming impact on the climate; nearly 3,300 time more than that of carbon dioxide over a 20-year time period.
The one simple and clear message from the triangulation of current scientific evidence is that reducing diesel emissions provides health and climate benefits.
December 2009 does not seem so long ago. The UN climate conference in Copenhagen had just come to a disappointing end, and I headed home feeling depressed. I returned to China for holiday and was surprised to see the widespread awareness of climate change and the collective sense of urgency for action. The concept of "low carbon" was discussed in all major and local newspapers. To my amazement, I even found an advertisement for a "low carbon" wedding. I finished my holiday and went back to Washington with optimism and hope: Despite the failings of Copenhagen, China, the biggest emitter in the world and the largest developing country, was going through a real transformational change. China clearly saw action on climate change as serving its own interest and as an opportunity to pursue a green growth model that decouples economic development from carbon emissions and resource dependence.
In the past five years, the world has witnessed the emergence of China as a leader for tackling climate change. A few weeks ago, colleagues at the World Bank Group heard an evidenced-based presentation by Vice Chairman Xie Zhenhua from the National Development Reform Commission (NDRC) of China, who showed what China had done in the past, is doing now, and plans to do in the future. He shared his candid assessment of the challenges, mistakes, and lessons learned from China's experience.
China’s progress is impressive. Between 2005 and 2013, average economic growth has been above 8 percent while the country’s emissions intensity has decreased by 28.5 percent compared with 2005 levels. This equates to emissions reductions of 23 million tons of CO2. These reductions were achieved through massive closures of inefficient coal fire plants, aggressive energy efficiency programs, expanding the renewable energy program, and large investments in clean technology.
While these numbers are impressive, sustaining them will be harder. Over the last 10 years, China has targeted its "low-hanging fruit" for mitigation options. The challenge today is how China will sustain annual GDP growth of more than 7 percent while continuing to reduce its economy’s emissions intensity.