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Interactive Forest Atlas of Equatorial Guinea

The synthesis document of the Interactive Forest Atlas of Equatorial Guinea (V1.0) gives an overview of the forest sector in Equatorial Guinea through 2013. It starts with a discussion of forest legislation and follows with information about land use allocation and land cover types in the...

ASEAN Leaders Can Act to Reduce Fires and Haze

For further reading, see our op-ed in the Jakarta Post.

Less than four months ago, millions of people across Singapore, Malaysia and Indonesia were choking on the worst air pollution ever recorded in Southeast Asia as hundreds of fires burned across Sumatra. The fires caused serious damage, eliciting a public health emergency, closing schools and harming tourism and other businesses.

This week the Sultan of Brunei is hosting many of Asia’s heads of state for the 23rd Association of Southeast Asian Nations (ASEAN) Summit. Preventing new fires and haze are high on the agenda. Key decisions and actions are urgently needed from the presidents and prime ministers this week.

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Conflicting Reporting Systems May Hinder Companies' Water Risk Strategies

Water risks such as floods, scarcity and pollution are increasingly chipping into corporate bottom lines. The financial sector is taking notice--and taking action.

Calvert Investments asked Hanes Brands to evaluate its losses from cotton-supply shortages due to the 2011 US drought, determining that the company lost $5.2 billion.

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Water Risk on the Rise

This article first appeared in Project Syndicate

Water is never far from the news these days. This summer, northern India experienced one of its heaviest monsoon seasons in 80 years, leaving more than 800 people dead and forcing another 100,000 from their homes. Meanwhile, Central Europe faced its worst flooding in decades after heavy rains swelled major rivers like the Elbe and the Danube. In the United States, nearly half the country continues to suffer from drought, while heavy rainfall has broken records in the Northeast, devastated crops in the South, and now is inundating Colorado.

Businesses are starting to wake up to the mounting risks that water – whether in overabundance or scarcity – can pose to their operations and bottom line. At the World Economic Forum in Davos this year, experts named water risk as one of the top four risks facing business in the twenty-first century. Similarly, 53% of companies surveyed by the Carbon Disclosure Project reported that water risks are already taking a toll, owing to property damage, higher prices, poor water quality, business interruptions, and supply-chain disruptions.

The costs are mounting. Deutsche Bank Securities estimates that the recent US drought, which affected nearly two-thirds of the country’s lower 48 states, will reduce GDP growth by approximately one percentage point. Climate change, population growth, and other factors are driving up the risks. Twenty percent of global GDP already is produced in water-scarce areas. According to the International Food Policy Research Institute (IFPRI), in the absence of more sustainable water management, the share could rise to 45% by 2050, placing a significant portion of global economic output at risk.

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