Although the World Bank has successfully addressed a number of important economic and social risks in its projects, it is falling short in recognizing climate risks. As the World Bank refreshes its long-term strategies, this is a key moment to bring climate change—and more broadly, sustainability—to the forefront of its investment agenda.
Manish Bapna highlights five standout climate and energy stories of 2013, which point to signs that some businesses, consumers, and governments are moving toward a growing understanding of the risks of climate change. The question is whether this heightened awareness will shift a global course quickly enough to reduce negative climate impacts. This blog post was originally published at Forbes.
When the secretary general, Ban Ki-moon, takes the floor of the UN general assembly this week, he will address two of the most pressing challenges of our time: poverty and climate change.
The High-Level Panel on the Post-2015 Development Agenda provided a welcome injection of energy and ambition into the future of development with its final report released last week. While the details will be parsed over the coming months, the report’s recommendations were at once bold and practical. The Panel sees that the promise of a world free of extreme poverty is within reach, and achieving this vision requires that sustainability and equity should be at the core of the global development agenda.
While there have been many such calls to move the world onto a more sustainable and equitable development path, if the Panel’s proposals are to be truly acted upon, the results would be transformational.
With that in mind, let’s look at how the report stacks up against the four “issues to watch” that we highlighted last week:
This was a clear winner, as the Panel recognized that environmental sustainability and poverty eradication are inextricably linked. The report identified sustainable development as one of five essential “transformational shifts.” Unlike the Millennium Development Goals (MDGs), which relegated the environment to just one of eight goals, the panel offered four goals--on energy, water, food, and natural resources--that directly connect human well-being with care for the planet.
UPDATE 5/30/13: The High Level Panel on the Post-2015 Development Agenda released its final report on May 30th. Read the full report on the Panel's website.
Following an extensive global consultation process, the High Level Panel on the Post-2015 Development Agenda will present its final report to UN Secretary General Ban Ki-moon this week. Led by the heads of state of Indonesia, Liberia, and the United Kingdom, the panel is charged with producing a bold yet practical vision for global development beyond 2015, when the current Millennium Development Goals (MDGs) are set to expire. While this is just the first round of what is sure to be a multi-year process, there has been no shortage of discussion about the Panel’s report and what it should say.
Here are four key issues that we will be looking at on May 31st:
The MDGs focused primarily on poverty reduction and the social dimensions of human development, with one stand-alone (and largely ineffective) goal on environmental sustainability. There is growing recognition now that the twin challenges of environmental degradation and inequality are among the root causes of poverty, and thus are inextricably linked. The Panel has already acknowledged this in earlier pronouncements, but how and to what extent it takes a more integrated approach to environmental sustainability and equity issues will be a key test of the new poverty agenda. Will it propose another strengthened, stand-alone goal(s) on environmental sustainability, embed sustainability across a number of other goals, or put forth some combination of the two? How will environmental sustainability and poverty reduction be linked in the post-2015 agenda?
Earlier this week, I participated in a United Nations Special Event Panel on “Conceptualizing a Set of Sustainable Development Goals,” which took place before an audience of senior policymakers and UN ambassadors and delegates.
At the Rio+20 summit in June, world leaders agreed to create global Sustainable Development Goals (SDGs) as a means to embed sustainability into economic development. This week’s event sought to start a discussion about what these goals might look like and how they could build on the existing Millennium Development Goals (MDGs), which expire in 2015.
Here are four important messages that I presented about how to make the SDGs effective and why they are critical to our planet’s future:
This post was co-authored with Vinod Thomas, Director-General of Independent Evaluation at the Asian Development Bank.
Can extreme poverty be eliminated in the next 20 years? With much of the world still mired in an economic slump, the question might seem ill-timed. Yet, as heads of state arrive in New York on Monday for the 67th United Nations General Assembly, this goal should be at the top of the agenda.
There are two compelling reasons why world leaders should seize this moment. First, this is a crucial chance to build on the hard-won progress in reducing poverty over the past two decades. With the UN-led Millennium Development Goals (MDGs) as a galvanizing force, the number of people living below $1.25 a day fell from some 43 percent in 1990 to about 22 percent in 2008. But far more still needs to be done.