The World Economic Forum has signed an agreement to boost multistakeholder cooperation on environmental policy with the China Council on International Cooperation on Environment and Development, an influential advisory body to China’s State Council. The CCICED includes Chinese and international experts.
The MoU comes shortly after Xi Jinping, President of the People’s Republic of China, stressed the importance of the UN Paris Climate Agreement in his keynote address at the World Economic Forum Annual Meeting in Davos as “a hard-won achievement that is in keeping with the underlying trend of global development.”
The collaboration will explore how circular and sharing-economy models can create a more resource-efficient society in China, and will also focus on other areas including oceans, the potential of new technologies for the environment, and climate change. An early output will involve research using anonymized data from sharing-economy companies and the analytical support of the MIT Senseable Cities Lab.
China has ambitious plans to reduce waste and tackle carbon emissions. Its government has promoted the recirculation of waste materials through targets, policies, financial measures and legislation. The goal is a “circular economy”, which includes closing industrial loops to turn outputs from one manufacturer into inputs for another and reducing the consumption of virgin materials and the generation of waste.
“In the past decade, China has made important progress in both the theory and practice of the circular economy, bringing environmental and economic benefits to key industries. For instance, with an annual output of over 2 trillion yuan, the resource recycling industry is growing by 15% annually and employs more than 30 million people. The application of big data and a new round of technological revolution will deepen regional and international cooperation in circular economy, and facilitate the realization of 2030 Sustainable Development Goals,” said Fang Li, Assistant Secretary-General of CCICED Secretariat, and Deputy Director-General of the Foreign Economic Cooperation Office at the Ministry of Environmental Protection, People’s Republic of China.
“China is pursuing the world’s largest public-private renewable energy and green-infrastructure investment programme and is also committed to accelerating the circular and sharing economy, driven by technology and business-model innovation to promote mass innovation and entrepreneurialism and to decouple growth from resource use. Through this unprecedented collaboration, which includes harnessing the Fourth Industrial Revolution for the environment, we are delighted to help support China’s leadership in environment and economic transformation,” said Dominic Waughray, Head of Public-Private Partnership and Member of the Executive Committee at the World Economic Forum.
“This collaboration shows China’s commitment to exploring new economic models for sustainable and inclusive growth. We believe that our joint work will yield important case studies and policy recommendations for leaders. We hope that this partnership can serve as a role model for collaboration with other thought leaders in China who are committed to improving the state of the world,” said David Aikman, Chief Representative Officer, China, and Member of the Executive Committee at the World Economic Forum.
The collaboration will form part of the Platform for Accelerating the Circular Economy, a global project with regional hubs in China, Africa, North America, Latin America and Europe. The platform is chaired by Frans van Houten, President and Chief Executive Officer of Royal Philips, Netherlands; Naoko Ishii, Chief Executive Officer and Chairperson of the Global Environment Facility, USA; and Erik Solheim, Executive Director of the United Nations Environment Programme (UNEP), Nairobi. It is hosted by the World Economic Forum with support from Accenture Strategy.
The agreement was signed at the World Economic Forum Annual Meeting 2017 by Fang, Aikman and Waughray, and It was witnessed by Catherine McKenna, Minister of Environment and Climate Change of Canada, and International Executive Vice-Chair of the CCICED, who added: “China can play an important role in accelerating the shift to a clean-growth economy. I am very pleased to see the Council build on its accomplishments by joining this new partnership.”
A key collaborator in the World Economic Forum’s circular economy initiative is the Ellen MacArthur Foundation. Dame Ellen MacArthur, its founder said: “In 2009, China was the first country to adopt circular-economy legislation, clearly recognizing the need to address the gap between anticipated economic demand and the supply of finite resources. Today’s announced collaboration between the Chinese government and the World Economic Forum, which is committed to accelerating the transition to a circular economy, sends a very strong signal of the importance of this topic and its take-up globally.”
“Accenture Strategy is pleased to see this MoU signed for the Chinese Platform for Accelerating the Circular Economy. We look forward to assisting the work of the hub on transforming consumption patterns through sharing and circular models, and to helping enable mass entrepreneurship and innovation,” said Peter Lacy, Global Managing Director, Strategy and Sustainability, Accenture, United Kingdom.
Partnerships key to promoting economic empowerment for rural women in the MENA region
The economic empowerment of rural women in the Middle East and North Africa (MENA) region was the topic of a side-event organized by the governments of Italy and Tunisia, in cooperation with the United Nations Industrial Development Organization (UNIDO), UN Women and the Food and Agriculture Organization (FAO).
The event featured a range of high-level speakers from Italy, the MENA region, UN agencies and non-governmental organizations, and was moderated by Omar Hilale, Permanent Representative of the Kingdom of Morocco to the United Nations in New York. “Women face several barriers to their equal participation in the social, economic and political spheres, and these constraints are felt even more harshly by rural women,” he stated in his opening remarks.
Fatou Haidara, Managing Director of Corporate Management and Operations at UNIDO, highlighted the significance of industrialization in reducing poverty and increasing employment, and the positive benefits of this for women. She referred to the holistic approach adopted by UNIDO in its work in promoting women’s empowerment and entrepreneurship in the MENA region, stating that both policy and capacity-building dimensions are crucial.
“We have facilitated an ecosystem of knowledge and support, successfully partnering with governments and the private sector to create the foundation for structural change that has mobilized women’s entrepreneurship throughout the region,” she said. “For UNIDO, this project is one step forward in our long-term strategy for enabling women’s economic independence, because the resulting benefits will go beyond women and girls to put us all on the path to achieving the 2030 Agenda.”
The importance of integrating women into the political system was stressed by Neziha Laabidi, Minister of Women, Family and Childhood of the Government of Tunisia, who also highlighted the inclusion of women in Tunisia’s national, multi-sectoral strategy.
Teresa Bellanova, Deputy Minister of Economic Development of Italy drew attention to Italy’s commitment to promoting women’s rights and gender equality and to supporting women entrepreneurs and capacity-building at the local level in light of the radical, recent economic and geographical changes shaping the MENA region’s reality.
The discussion also touched upon issues faced by women in the region, such as access to land rights and discriminatory socio-cultural norms. The need for partnerships to come up with integrated solutions to such issues was addressed by Mohammed Naciri, Regional Director for Arab States, UN Women.
Engagement with the financial sector, including making capital more easily accessible to rural women, was underlined as a key factor in empowering rural women by Emanuele Santi, founder and president of Afrilanthropy, which connects social start-ups in Africa to impact investors. Santi added that creating incentives – for example by giving bonuses to companies that invest in companies led by women and rural women in particular – was another key to success. Finally, he stated that the development community had to “work as an ecosystem” and blend financial support with non-financial support.
The event was held on the sidelines of the Commission on the Status of Women (CSW), an annual two-week session at the United Nations in New York. The CSW is the principal global intergovernmental body exclusively dedicated to the promotion of gender equality and the empowerment of women.
Speaking at the opening of the CSW, UN Secretary- General, António Guterres, stated that the Commission was “leading the way” when it comes to empowering women. “When women are already taking action, we need to listen to them and to support them,” he said. “By building equality, we give women a chance to fulfil their potential. And we also build more stable societies.”
Four countries on track to graduate from UN list of least developed countries
Four countries could soon “graduate” from the ranks of the world’s poorest and most vulnerable nations, a United Nations expert committee announced on Thursday
Bhutan, Kiribati, Sao Tome and Principe and the Solomon Islands have increased national earning power and improved access to health care and education, making them eligible to exit the group of least developed countries (LDCs).
“This is an historic occasion,” said Jose Antonio Ocampo, chair of the Committee for Development Policy (CDP), noting that only five countries have graduated since the UN established the LDC category in 1971.
LDCs are assessed using three criteria: health and education targets; economic vulnerability and gross national income per capita.
Countries must meet two of the three criteria at two consecutive triennial reviews of the CDP to be considered for graduation.
For CDP member Diane Elson, a professor at the University of Essex in the United Kingdom, Thursday’s announcement was good news for millions of women in rural areas.
She pointed out that the latest session of the UN Commission on the Status of Women (CSW), currently under way in New York, is discussing the challenges facing this population.
“The success of the countries that are graduating reflects things like the improvement of the health and the education of the population, which extends to rural women, and the increase in incomes in the country, which extends to rural women,” she said.
However, Ms. Elson stressed that the countries will need continued international support because they remain vulnerable to external shocks, including the impact of climate change.
Mr. Ocampo said this vulnerability is particularly evident in Pacific Island states such as Kiribati.
Globally, there are 47 LDCs, according to the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States.
The majority, 33, are in Africa, while 13 can be found in the Asia-Pacific region, and one is in Latin America.
In the 47 years of the LDC category’s existence, only five countries have graduated (Botswana, Cabo Verde, Equatorial Guinea, Maldives and Samoa)
The CDP said two more countries, Vanuatu and Angola, are scheduled for graduation over the next three years.
Nepal and Timor-Leste also met the criteria but were not recommended for graduation at this time, due to economic and political challenges.
That decision will be deferred to the next CDP triennial review in 2021, according to Mr. Ocampo.
Bangladesh, Lao People’s Democratic Republic and Myanmar met the graduation criteria for the first time but would need to do so for a second time to be eligible for consideration.
ADB, India Sign $120 Million Loan to Improve Rail Infrastructure
The Asian Development Bank (ADB) and the Government of India today signed a $120 million loan agreement to complete double-tracking and electrification of railway tracks along high-density corridors in India and improve operational efficiency of the country’s railway networks.
The $120 million financing is the third tranche of a $500 million financing facility for the Railway Sector Investment Program approved by ADB’s Board in 2011. The loan amount will be used to complete the ongoing works started in the project’s first two tranches.
The agreement was signed by Kenichi Yokoyama, ADB Country Director for India, and Sameer Kumar Khare, Joint Secretary (Multilateral Institutions) of the Department of Economic Affairs in the Ministry of Finance, at a ceremony in New Delhi.
“The program will help develop energy efficient, safe, and reliable railway systems that will result in reduced travel time along project rail routes and also reduce annual accident rate,” said Mr. Khare.
“Funding for the project’s third tranche will contribute toward achieving the overall program outputs of double-tracking about 840 kilometers (km) of rail routes and electrification of 640 km of tracks along high density corridors,” said Mr. Yokoyama. “The program is also helping implement new accounting systems and provide additional safety measures including collision avoidance equipment.”
The investment program is targeting busy freight and passenger routes in the states of Andhra Pradesh, Chhattisgarh, Karnataka, Maharashtra, and Odisha, including the “Golden Quadrilateral” corridor that connects Chennai, Kolkata, Mumbai, and New Delhi. The doubling of rail sections is being implemented along Daund-Titlagarh section, Sambalpur-Titlagarh section, Raipur-Titlagarh Section, and Hospet-Tinaighat section, while electrification is being undertaken along the 641-km Pune-Wadi Guntakal section.
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