Climate action is not just about controlling global temperatures. It can also be a driver of development and poverty reduction all over the world. At the COP 23 Climate Conference in Bonn, Germany, in November, multilateral development institutions showed themselves to be more committed than ever to the urgent and central issue of supporting and financing these critical goals.
Today’s political climate is uncertain. But climate change is not. Partnership around the world must be maintained in the global effort to achieve a smooth transition to low carbon and climate-smart development. Multilateral development institutions have never been more relevant.
Climate-smart development also makes good economic and business sense, particularly when it comes to sustainable infrastructure. We have already witnessed tremendous growth in renewable energy, creating with it new business opportunities and jobs. Many climate-smart investments can also reduce air pollution and congestion. Building resilience now saves money later. We are committed to supporting a climate-smart future.
As multilateral development institutions, we reconfirm our commitment to the Paris climate agreement. Our role is to facilitate the public and private finance that is a vital part of the climate solution.
That is why, two years after the Paris accord was successfully negotiated, we are increasingly aligning actions and resources in support of developing countries’ goals. In July, the G20 Sustainability Action Plan embedded the Paris agreement in G20 policies and noted that more effective use of financing from multilateral development institutions is key to innovation and private investment in climate action.
In 2016 alone, multilateral development institutions committed over $27 billion in climate finance, and we continue to step up our work, determined to broaden the private and public finance mobilized for climate action at COP 23.
We commit to:
- Deliver on the promises that we made in 2015 to increase our support for climate investments in developing countries by 2020, both from our direct financing and from our mobilization efforts;
- Increase mobilization of private-sector investment by supporting policy and regulatory reforms. This includes aligning price signals, making innovative use of policy and finance instruments and, as applicable, leveraging concessional (below-market-rate) finance to help scale up public and private investment in climate projects.
- Strengthen international efforts by working together and with other development finance institutions, to increase transparency and consistency in tracking climate finance tracking and reporting greenhouse-gas emissions;
- Put climate change at the heart of what we do, bringing climate policy into the mainstream of our activities, and aligning financial flows to the Paris agreement;
- Support countries, cities, and territories with their own climate action plans and build the conditions for an ambitious next generation of such contributions; and
- Work with our clients to support initiatives that protect the most climate-vulnerable areas, including small island developing states, while mobilizing more finance for developing countries to build resilience and to adapt their infrastructure, communities, ecosystems, and businesses to the consequences of climate change.
Each of these measures supports our strong commitment to the UN’s Sustainable Development Goals. By pursuing them, climate action will become a key part of the international community’s work to place infrastructure and the rollout of new technologies and policies for energy, water, and mobility at the core of sustainable development.
This is a serious response to a serious challenge. Climate change poses a grave threat to the natural environment, to economic growth, and to the lives of all people around the world, especially the poorest and most vulnerable.
It is fitting that this threat to national economies and to every person on earth, and the opportunity to counter it, should be tackled with the backing of multilateral development institutions. We call on others to join us in placing climate action at the center of their business, stepping up climate finance, and tracking its impact around the world.
By Akinwumi Adesina, President of the African Development Bank; Suma Chakrabarti, President of the European Bank for Reconstruction and Development; Bandar M. H. Hajjar, President of the Islamic Development Bank; Werner Hoyer, President of the European Investment Bank; Kundapur Vaman Kamath, President of the New Development Bank; Jim Yong Kim, President of the World Bank Group; Jin Liqun, President of the Asian Infrastructure Investment Bank; Luis Alberto Moreno, President of the Inter-American Development Bank and a member of the World Economic Forum’s Foundation Board; and Takehiko Nakao, President of the Asian Development Bank. Source
Does the Latest IPCC Report Offer Hope For Earth
Hurricanes and storms on both sides of the Atlantic appeared to encore the Inter-Governmental Panel on Climate Change. It had just concluded the finalization of a special report on the impact of a 1.5 degree Celsius global warming above preindustrial levels. Meeting in Incheon, South Korea (October 1-5), its three working groups of experts and government officials have huddled and jousted to strike a consensus on what will be necessary to restrict warming to 1.5 degrees Celsius when the globe is already up one degree. What will earth be like with this level of warmth and what will happen if we fail?
Two earlier versions (January and June 2018) of the report were depressing to frightening. They were made available for about a month for comment by experts and interested parties. The real problem is a narrow window because human activity in the world emits 40 billion tons of CO2 per year — about 90 times the emission from volcanoes. At some point, there will be enough in the atmosphere where the 1.5 degree rise will be a foregone conclusion. While guesswork to some extent, it appears we have about 12 years before we exhaust the ‘carbon budget’; if we accept a 2C rise the date is 2045.
The tone may have been softened in the second report, but there is ‘substantial’ certainty the 2 degrees C target of the 2015 Paris Agreement, once considered safe, would be dangerous for humanity. As the agreement also required governments to pursue efforts to limit temperature rise to 1.5 degrees C, the remit to IPCC was to prepare a report comparing the consequences of the two alternatives as well as the feasibility and effort required to limit the rise to the lower figure. The final report released on Oct 8, 2018 reviews 30,000 publications.
The fact that parts of the earth are already warmer than the 2 degree C figure and the results are observable should be a driver for governments. In the Arctic, for example, where temperatures have risen up to 3 degrees C, the effort has seen chunks of icebergs breaking off and polar bears having difficulty in catching seals because of fewer blowholes — where they normally wait in ambush. Current temperatures are higher than they ever have been in the past two millennia.
For low-lying Pacific Islands the 1.5C goal is critical for many there would lose habitat and some islands are expected to disappear under the 2C target. The Maldives in the Indian ocean are partly under water, and some Pacific islands have already disappeared as average world sea levels rise by 3 mm a year. Yet Tuvalu has become an exception and its land area, studied from 1971 to 2014, is growing. Eight of its nine atolls are found to be still rising, increasing the “area by 29 percent, even though sea levels in the country rose by twice the global average.”
Even so the consequences of the earth already being 1 degree C higher than preindustrial times are apparent in the proliferation of extreme weather events. Unduly powerful hurricanes as in Puerto Rico or Houston, record-breaking forest fires in the U.S. and Australia, monsoons in South India this year that in Kerala have been the worst in this century, and the record temperatures in northern Europe are a few examples. Last week the 155 mph Category 5 Hurricane Michael, 5 mph short of Category 6, devastated the Florida panhandle and continued its destruction onward into Georgia and beyond. It was the strongest to hit this part of Florida since records began in 1881. On the other side of the Atlantic within a week, storms and hurricanes battered Europe: Hurricane Leslie in Portugal, storm Callum in Britain and heavy rains in France causing flash floods in the Aude region of south-west France. All of which can be expected to worsen as the earth’s mean temperature rises, increasing in both frequency and intensity.
The IPCC report presents four pathways (p.19 Executive Summary) each with net zero CO2 emissions within the next quarter century. The least interventionist scenario utilizes only afforestation to remove CO2. The report is optimistic in demonstrating synergies (p.27) with sustainable development goals. That CO2 removal technologies known as direct air capture (DAC) are also being developed successfully adds to the optimism.
At the same time the warnings are clear. All the options require a rapid decarbonization of the fuel s:upply i.e. no fossil fuels — coal just about gone by 2050 and three-quarters of the energy from renewables (p.19 after four pathways graphs). The risks for fisheries and coral reefs will remain high (p.13) even with the 1.5C scenario and coastal populations and farming will be worse off than now. Severe weather consequences can be expected to worsen. But all that is the world to be. Hence the argument for the most interventionist scenarios where the atmospheric CO2 is eventually reduced.
For all this the need to act now is clear in the facts and numbers.
Author’s Note: An earlier version of this article appeared on counterpunch.org.
Air pollution linked to “huge” reduction in intelligence
Air pollution can have a “huge” negative effect on cognitive intelligence – especially amongst older men – according to a study released this past August.
The research is one of the first of its kind to focus on the links between air pollution and cognition in older people. It was undertaken by scientists at Peking University in Beijing, China and Yale University in the U.S. and was published in the Proceedings of the National Academy of Sciences journal. In particular, it found that long-term exposure to air pollution may impede overall cognitive performance.
The researchers’ sample set included a panel of over 25,000 people across 162 randomly chosen counties in China. The study was also based on daily readings for three atmospheric pollutants, namely sulphur dioxide (SO2), nitrogen dioxide (NO2) and particulate matter smaller than 10 micrometers (PM10) where the participants lived.
The research found that that accumulative exposure to air pollution impedes cognitive performance in verbal and math tests. It found that as people age, the negative effect becomes particularly pronounced on verbal scores, especially for men while, “the gender gap is particularly large for the less educated.” One of the reasons why the researchers suggest that older men with less education were worst affected by chronic exposure to air pollution is because those subjects often work in outdoor, manual jobs.
The scientists concluded that, “The damage on the aging brain by air pollution likely imposes substantial health and economic costs, considering that cognitive functioning is critical for the elderly for both running daily errands and making high-stake decisions.” Given this damaging effect of air pollution on cognition, particularly on the aging brain, “the study implies that the indirect effect on social welfare could be much larger than previously thought.”
“Polluted air can cause everyone to reduce their level of education by one year, which is huge,” Yale School of Public Health’s Professor Xi Chen, one of the report’s authors, said in an interview published in The Guardian.
The study also suggests that air pollution increases the risk of degenerative diseases such as Alzheimer’s and other forms of dementia.
“Air pollution is a significant threat to public health and this study highlights the negative effect that such pollution may have on the ageing brain,” said Soraya Smaoun, Air Quality Coordinator at UN Environment. “A better understanding of the critical links between air pollution and health for policies and investments supporting cleaner transport and power generation, as well as energy-efficient housing and municipal waste management can reduce key sources of outdoor air pollution.”
According to the World Health Organization, seven million people die each year from exposure to polluted air, both indoor and outdoor. The three biggest killers which are associated to air pollution are stroke (2.2 million deaths), heart disease (2.0 million) and lung disease and cancer (1.7 million deaths).
The World Health Organization’s air quality database shows that that 97 per cent of cities in low- and middle-income countries with more than 100,000 inhabitants do not meet air quality guidelines presently. However, the percentage is much lower in higher income countries – 40 per cent.
What is being done about air pollution?
A worldwide movement to address air pollution is gradually taking shape and growing. Breathe Life – a global campaign headed by the Climate and Clean Air Coalition, the World Health Organization and UN Environment – is supporting a range of cleaner air initiatives that cover 39 cities, regions and countries, reaching over 80 million people.
Most major cities are still struggling to keep air pollution within acceptable levels as set out by the World Health Organization guidelines. However, by instituting policies and programmes to reduce transport and energy emissions, and by encouraging the use of clean energy, cities are leading change and improving the lives of a large number of people.
In 2018, the World Health Organization found that more than 57 per cent of cities in the Americas and more than 61 per cent of cities in Europe had seen a fall in both PM10 and PM2.5 particulate matter between 2010 and 2016.
The rise of renewable energy is also ideally positioned to make a big difference, with investment in new renewable sources outstripping fossil fuel investments every year.
IPCC Report: On Our global Jihad against Cognitive mind
A major new report from the Intergovernmental Panel on Climate Change (IPCC), was just released in Korea on October 8 (2018). Although it is nearly 800 pages long and includes more than 6,000 scientific references, it can be summarized in few sentences:
The average global temperature is now 1.0°C above its pre-industrial levels.That increase is already causing more extreme weather, rising sea levels and diminishing Arctic sea ice, and is damaging untold number of land and sea ecosystems.
A 1.5°C increase, likely by 2040, will make things worse. A 2.0°C increase will be far worse than that. Only radical socio-economic and politico-diplomatic change can stop catastrophe. The world’s leading climate scientists have warned there is only a dozen years left for global warming to be kept to a maximum of 1.5C. Beyond that an irreversibility effect would be set in motion: even half a degree will significantly worsen the risks of drought, floods, extreme heat and poverty for hundreds of millions of people. To avoid the most serious damage requires transforming the world economy within just a few years, said the authors, who estimate that the damage would come at a cost of a fantastic $54 trillion. This transformation goes – of course – beyond what we usually label as ‘economy’. It requires a change of entire human dynamics; moods and preference of how we extract, manufacture, distribute, consume, spend, live, travel, power all that, think of and teach about it.
Reactions are folding: “Limiting global warming to 1.5 °C above pre-industrial levels would be a herculean task, involving rapid, dramatic changes in the way that governments, industries and societies function” – says the Nature magazine. Science Daily predicts: “Limiting global warming to 1.5°C would require rapid, far-reaching and unprecedented changes in all aspects of society … With clear benefits to people and natural ecosystems, limiting global warming to 1.5°C compared to 2°C could go hand in hand with ensuring a more sustainable and equitable society”.
Ecological Footprint of ‘Here-Us-Now’ civilisation
However, for the informed and willing ones all was clear already with the Rio summit. Back then, I was quick to react: it was me being one of the very first to concept and introduce (and set as obligatory) the subject of SD (along with Environment Ethics) in the universities of Europe. Thus, for the past two decades I’ve been teaching my students that: “Currently, the amount of crops, animals and other bio matter we all extract from the earth each year exceeds what such a small planet can replace by an estimated 20% – meaning it takes almost 14,4 months to replenish what we use perannum – in consecutive 12 months – deficit spending of the worst kind.”
Lecture after lecture, generation after generation, I educated my students that: “Through pollution and global warming are legacies of products, processes and systems designed without thought to the environmental consequences, cohesion of international community along with rapid introduction of new international policies and strategies in a form of clean practices and technologies holds the solutions (e.g. promoting greater coherence between energy, research and environmental policies). Since the environmental degradation (incl. the accelerated speed of extinction of living species – loss of biodiversity) knows no borders – the SD (Sustainable Development) is a matrix of truly global dimensions.”
In the meantime, the Climate Change nihilists and paid lobbyists dominated media by accusing this sort of constructivism and predictive education as an environmental alarmism and scientific sensationalism. This is how we lost almost three decades from Rio over Johannesburg, Copenhagen, Kyoto and Paris to come to our current draw: an abyss of “only 12 years left” diagnosis.
How shall we now tackle our past optimism about the possibilities and the current pessimism about the probabilities? How to register our future claims rapidly and effectively on preservation of overall human vertical when we systematically ridiculed and dismissed every science short of quick profit (or defensive modernization), when we pauperized and disfranchised so many people of this planet in past few decades like never before in history?
Hence, the rapid, far-reaching changes to almost every facet of society are needed to avoid catastrophic climate change, reforms far beyond anything governments are currently either doing or planning to do. Additionally, it requires complete reversion of our life styles and socio-economic fashions, passions and drives – e.g. elimination of “here-us-now” over-consumerism of everything tangible and non-tangible.
Social fractured Planet devastated by anti-intellectualism
Are we are able to mobilise our socially fractured, and anti-intellectualised globe that fast and that solid?
The world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations. That of course includes an elimination of oil and gas from our Primary Energy Mix (PEM) as well as total eradication of the ICE-powered cars (of both diesel and petrol/ benzin). All that is required within the following decade.
What changes this new “Cambrian explosion” will cause on adaptive and non-adaptive inorganic clusters and systems of our biota, and its group dynamics? Notably, what impact it will have on the traditionally automotive-industry leaning regions, and what on aviation industry – which, at least when comes to continental Europe, could have been grounded decades ago – since even at our current technological level, the rail transportation would be cheaper faster safer than using planes? What implication does it bring to the extremely crude-exporting dependent Middle East, which is situated in a center of our planet but at the periphery of human progress? This is to name but few of numerous implications and unanswered dilemmas yet even unasked question.
No doubt, our crisis is real, but neither sudden nor recent. Our environmental, financial and politico-economic policies and practices have created the global stress for us and untold number of other species. Simply, our much-celebrated globalisation deprived from environmental and social concerns, as well as from a mutual and fair cooperation(instead of induced confrontation and perpetuated exclusion) caged us into the ecological globalistan and political terroristan. (Acidifying of oceans and brutalization of our human interactions are just two sides of a same coin. What is the social sphere for society that is the biosphere for the very life on earth, since what what we euphemistically call anthropogenic Climate Change is actually a brutal war against nature.)
The world based on agreed principles that – besides businesses and governments – involves all other societal stakeholders, re-captured global cohesion and commonly willing actions is not a better place. It is the only way for the human race to survive.
Deep and structural, this must be a crisis of our cognitivity. Therefore, the latest Climate Change (CC) Report is only seemingly on Climate; it is actually a behavioristic study on (the dead end of) our other ‘CC’ – competition and confrontation, instead of cooperation and (all-included) consensus. Simply, it is the Report on our continued global Jihad against cognitive mind.
-  Still today, sustainability is lacking an operational definition: There is a controversy whether to consider a human-made capital combined with a natural capital (weak sustainability) or separately (strong sustainability). The central to this question is to which extend a human capital or rather technology can substitute the loss of natural resources.
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