Connect with us

Newsdesk

Advancing South–South Learning in Asia to Tackle Development Challenges

Newsroom

Published

on

Asian countries have a vital role to play in advancing South–South cooperation and much to gain from closer interaction. Links across the global south in trade, finance, and technology are not only getting stronger but expanding into new areas. Foremost among these is sharing knowledge and know-how on development to tackle the newer challenges facing the region, such as climate change and finding new sources of growth.

The latest thinking on intensifying South–South cooperation from Asia’s perspective, particularly for knowledge sharing, was presented at an international conference on Advancing South–South Learning in Asia in Seoul on 4 July. The event was organized by the Asian Development Bank’s (ADB) Independent Evaluation Department, the Korea Development Institute (KDI), the International Initiative for Impact Evaluation, and The Asia Foundation.

“Strengthening South–South cooperation, especially on sharing knowledge and assistance, will be essential for tackling the broad and demanding 2030 Agenda for Sustainable Development,” said ADB Independent Evaluation Director General Mr. Marvin Taylor-Dormond.

“Poverty is widespread in the global south and this resonates strongly in Asia where eradicating extreme poverty remains a very significant unfinished development agenda, despite the region’s extraordinary economic success over the past three decades,” said Mr. Taylor-Dormond.

KDI Vice President Mr. Youngjae Lim said 21st century development cooperation has changed dramatically due to the growth of South–South cooperation.

“New patterns of economic partnership and development cooperation among southern countries have emerged,” said Mr. Lim. “Cooperation based on mutually beneficial trade, aid, diplomacy, or strategic partnerships between and among countries at similar stages of development exist, and Asia has become both a generator of development resources and an incubator for new ideas and practices.”

Even though links are getting stronger, the visibility of South–South cooperation needs to be raised to bring greater awareness of its value and impact on development, and to promote a stronger South–South voice in global decision-making. Strengthening this cooperation will provide a platform to bring countries together to share work on common development challenges.

Having the private sector as an enthusiastic partner in deepening South–South cooperation will help policymakers understand new and more efficient ways of carrying out their economic and development plans. The conference examined how South–South cooperation can be used by Asian countries to share best practices for growing their private sectors and to make it easier for entrepreneurship to flourish.

The Republic of Korea is increasingly seen as an Asian leader in knowledge sharing for the region and beyond given its strong economic and development performance in recent decades.

“Korea, as one of the few countries that has rapidly transitioned from aid recipient to donor country, aspires to serve as a bridge between North–South cooperation,” said Mr. Lim.

A senior Ministry of Strategy and Finance official likened success factors in knowledge sharing to the Republic of Korea’s win against Germany in the World Cup: “I pondered how the lessons from this match can be applied to knowledge sharing,” said the Director General of the ministry’s International Economic Affairs Bureau Mr. Byong Yol Woo. “The Korean national team recruited top coaches from Germany, the Netherlands, Spain, Portugal, and other top-tier countries to learn their skills and strategies.”

Development banks working in the global south, including ADB, the African Development Bank, and the World Bank, have a big contribution to make in advancing South–South learning and cooperation, as they expand their role as lenders for development to the knowledge frontier. These institutions have accumulated a wealth of knowledge on development—what works, what doesn’t, and why—and are continuously creating new learning from evaluations of their projects and programs.

“Capturing knowledge that is often hidden and hard to express conventionally—so-called tact knowledge—is important in the transfer of learning and in ensuring that lessons from elsewhere add value to our operations,” said ADB Sustainable Development and Climate Change Department Director General Mr. Woochong Um. “We also need to be innovative in the way we capture and disseminate knowledge through IT technology and social media.”

An aim of the Seoul conference was to seek an effective approach among organizations and sectors working on South–South cooperation to strengthen partnerships and networks to accelerate this process. Middle-income countries in the global south and beyond, as emerging donors and technical cooperation providers, can be game-changers in this effort.

Continue Reading
Comments

Newsdesk

New Satellite Data Reveals Progress: Global Gas Flaring Declined in 2017

Newsroom

Published

on

New satellite data released today shows a significant decline in gas flaring at oil production sites around the world in 2017, despite a half-percent increase in global oil production. The nearly 5 percent flaring decline begins to reverse years of increases in global gas flaring that started in 2010.

The data reveals about 141 billion cubic meters (bcm) of natural gas was flared in 2017, down from nearly 148 bcm in 2016. While Russia remains the world’s largest gas flaring country, it also saw the largest decline in flaring last year. Venezuela and Mexico also reduced their flaring significantly in 2017. In Iran and Libya there were notable increases in gas flaring.

The data was released by the Global Gas Flaring Reduction Partnership (GGFR), a World Bank-managed organization comprised of governments, oil companies, and international institutions working to reduce gas flaring. The U.S. National Oceanic and Atmospheric Administration (NOAA) and GGFR have developed the flaring estimates in cooperation with the University of Colorado, based on observations from advanced sensors in a satellite launched in 2012.

Gas flaring – the burning of natural gas associated with oil extraction – takes place because of technical, regulatory, and/or economic constraints. It causes more than 350 million tons of CO2 emissions every year, with serious harmful impacts from un-combusted methane and black carbon emissions. Gas flaring is also a substantial waste of energy resources the world can ill afford.

“The latest global gas flaring data is encouraging, but we will have to wait a few more years to know whether it represents a much-needed turning point,” said Riccardo Puliti, the World Bank’s Senior Director and head of its Energy & Extractives Global Practice. “Ending routine gas flaring is a key component of our climate change mitigation agenda, and the global flaring reduction Initiative we launched just three years ago now has 77 endorsers, covering about 60 percent of the total gas flared around the world.”

In 2015, UN Secretary-General Ban Ki-moon, World Bank President Jim Yong Kim, and 25 initial endorsers launched the “Zero Routine Flaring by 2030” Initiative that commits endorsers to not routinely flare gas in new oil field developments and to seek solutions to end routine flaring at existing oil production sites as soon as possible and no later than 2030. It has now been endorsed by 27 governments, 35 oil companies, and 15 development institutions.

“The Initiative is an essential tool for ending routine flaring,” said Bjorn Hamso, GGFR’s Program Manager. “Going forward, it is paramount that oil field operators continue to address ongoing “legacy” flaring, and that new business models are developed that will enable more investors to participate in flaring reduction projects.”

Continue Reading

Newsdesk

World Tourism Day Places Focus on Innovation & Digital Transformation

Newsroom

Published

on

The importance of digital technologies in tourism, providing opportunities for innovation and preparing the sector for the future of work, is at the centre of World Tourism Day 2018, to be celebrated in Budapest, Hungary (27 September 2018).

World Tourism Day, celebrated every 27 September around the world, is a unique opportunity to raise awareness on tourism’s actual and potential contribution to sustainable development.

This year’s World Tourism Day (WTD) will help to put the opportunities provided to tourism, by technological advances including big data, artificial intelligence and digital platforms, on the map of sustainable development. The World Tourism Organization (UNWTO) sees digital advances and innovation as part of the solution to the challenge of marrying continued growth with a more sustainable and responsible tourism sector.

“Harnessing innovation and digital advances provides tourism with opportunities to improve inclusiveness, local community empowerment and efficient resource management, amongst other objectives within the wider sustainable development agenda”, said UNWTO Secretary-General Zurab Pololikashvili.

The WTD official celebration will be held in Budapest, Hungary, a country enjoying steady growth of tourism backed by consistent policy support and a commitment to the digital future. Other celebrations will take place worldwide.

The official celebration will also see the announcement of the semi-finalists of the 1st UNWTO Tourism Startup Competition, launched by UNWTO and Globalia to give visibility to startups with innovative ideas capable of revolutionizing the way we travel and enjoy tourism.

Continue Reading

Newsdesk

EU and China step up cooperation on climate change and clean energy

Newsroom

Published

on

At the China-EU Summit on 16 July in Beijing, the President of the European Commission Jean-Claude Juncker, the President of the Council, Donald Tusk, and the Chinese Prime Minister Li Keqiang adopted a “Leaders’ Statement on Climate Change and Clean Energy”. Commission Vice-President Jyrki Katainen and the Chinese Minister of Ecology and Environment Li Ganjie signed a Memorandum of Understanding to enhance cooperation on emissions trading between China and the EU.

In the Leaders’ Statement, China and the EU underline the need to advance the implementation of the Paris Agreement under the UNFCCC process, and to get the Paris Agreement Work Programme – the rulebook for the implementation of the Paris Agreement – adopted at the next global climate conference in December 2018 in Katowice, Poland.

The Statement shows how the EU and China will intensify their political, technical, economic and scientific cooperation on climate change and clean energy to drive forward a world-wide transformation to a thriving low carbon and climate-resilient economy and society and clean energy system. It clearly shows their commitment to climate action and achieving a clean energy transition are urgent imperatives.

In the Memorandum of Understanding China and the EU acknowledge emissions trading as a cost-effective policy tool with significant potential to contribute to a low-carbon economy and the necessary innovation and deployment of low carbon technologies.

Welcoming this commitment, President Juncker said: We have underlined our joint, strong determination to fight climate change and demonstrate global leadership. It shows our commitment to multilateralism and recognises that climate change is a global challenge affecting all countries on earth. There is no time for us to sit back and watch passively. Now is the time for decisive action.

Commissioner for Climate Action and Energy Miguel Arias Cañete said: Further developing cooperation between the two largest emission trading systems of the world is not only in our mutual interest but also necessary to tackle common challenges in the mid- and longer term. The newly established policy dialogue will be instrumental in this context.

The Memorandum of Understanding on EU-China cooperation on emissions trading establishes a policy dialogue, foresees the joint organisation of seminars and workshops, as well as joint research activities.

Continue Reading

Latest

Trending

Copyright © 2018 Modern Diplomacy