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ADB’s Transport Investments in Pacific Projected at Over $1 Billion for 2017–2020

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The Asian Development Bank’s (ADB) transport investments in the Pacific, comprised of 15 projects, is expected to reach over $1 billion during the 2017–2020 period, including $385 million in cofinancing, according to the latest issue of the bank’s Pacific Transport Update launched today.

The Pacific Transport Update 2019 provides an overview of ADB’s technical assistance and lending activities in the Pacific region, specifically to the transport sector. The report highlights ADB’s strong partnerships with governments, communities, and the private sector in boosting the region’s connectivity; improving people’s access to goods, services, and opportunities; and building countries’ climate and economic resilience.

“The report emphasizes ADB’s work in the transport sector, which is supporting its Pacific developing member countries in providing safe, efficient, and reliable transport services that drive equitable socioeconomic growth and sustainable results,” said the Director of ADB’s Transport Sector Division for the Pacific Mr. Dong-Kyu Lee. “Sustainable and reliable transport is key to the growth and development of countries in the Pacific given they face challenges associated with their geographic isolation and limited resources.”

The report enumerates the progress and achievements of ADB’s operations in land, maritime, and air transport in the Pacific, including in policy planning and capacity building. Apart from elaborating on regional transport projects, the report also highlights ongoing ADB-assisted projects in Fiji, Kiribati, Nauru, Papua New Guinea, Samoa, Solomon Islands, and Vanuatu. Future ADB-supported transport projects and activities are also mentioned.

ADB’s transport operations have increased significantly in the region. Of all the Pacific countries that feature in the report, Papua New Guinea has the largest active portfolio of about $1,266 million in civil aviation, road, port, and border projects. Solomon Islands is also a major beneficiary with $192 million in active portfolio to implement road and other transport sector projects.

The report says ADB’s transport operations in the Pacific support each of the seven corporate priorities of ADB’s long-term corporate strategy, Strategy 2030, which sets out the institution’s broad vision and strategic response to the evolving needs of Asia and the Pacific.

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Launch of Davos Friends of Africa Growth Platform

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In the spirit of the Davos Manifesto 2020, the World Economic Forum is launching the Davos Friends of Africa Growth Platform (AGP) community to mobilize the global community for collective action to meet the 100 million-by-2025 goal for this business-led initiative.

The World Economic Forum, in collaboration with the Forum’s Global Shapers and African start-ups community, is kicking off a 100-day social media campaign to sign up African SMEs and start-ups that wish to join AGP. The goal is to reach 1 million in 2020.

The presidents of Botswana and Ghana have personally pledged their commitment to participate as member countries of AGP. Sipho M. Pityana, Chairman of AngloGold Ashanti, has also pledged support to be Founding Partner of Davos Friends of AGP.

Launched at the World Economic Forum on Africa in Cape Town, South Africa, last September, the Africa Growth Platform aims to address the job creation crisis by scaling 100 million SMEs and start-ups by 2025. Two thirds of Africa’s 420 million young people are currently unemployed. AGP will bring together governments, investors and entrepreneurs to enhance funding prospects, create better enabling environments for business growth, and help Africa’s community of start-up enterprises grow and compete in international markets.

The founding members of the platform are Alibaba Group, A. T. Kearney, Dalberg Group, Export Trading Group, United States African Development Foundation, and Zenith Bank.

“The Africa Growth Platform (AGP) recognizes that one of the most compelling ways to create new economic opportunities and support Africa’s digital transformation is to invest in the capacity building and empowerment of entrepreneurs and small businesses,” said Brian Wong, Vice-President of Global Initiatives for Alibaba Group. “We are honoured to serve as a founding member of the AGP as we work to enhance global cooperation among all stakeholders and to do our part to inspire, train and support entrepreneurs in Africa in order to achieve more inclusive growth.”

The AGP will do this in three ways: first, by securing commitments from governments to implement policy reforms aimed at stimulating and accelerating business growth. Second, it aims to build a community of investors, whether private investors, foundations, multilateral institutions or corporate intrapreneurs to enable better coordination and pooling of resources that could facilitate larger subsequent rounds of funding. Third, the platform will create and sustain a community of start-up businesses themselves, promoting collaboration and sharing best practices.

To strengthen the institutional support to deliver the AGP and other key initiatives in the region, the Forum has also established an Africa Regional Stewardship Board with Sipho M. Pityana, Chairman of AngloGold Ashanti, and Oby Ezekwesili, Richard von Weizacher Fellow, Robert Bosch Academy as the inaugural Co-Chairs for 2020.

To strengthen the institutional support to deliver the AGP and other key initiatives in the region, the Forum has also established an Africa Regional Stewardship Board with Sipho M. Pityana, Chairman of AngloGold Ashanti, and Oby Ezekwesili, Richard von Weizacher Fellow, Robert Bosch Academy as the inaugural Co-Chairs for 2020.

“I’m honoured and humbled by the opportunity to Co-Chair the World Economic Forum’s new Regional Stewardship Board (RSB),” said Sipho M. Pityana. “I look forward to working with my fellow Co-Chair, Oby Ezekwesili, the team and like-minded stakeholders to achieve greater African economic integration and promoting peace and stability while addressing trade obstacles, climate change and opportunities and challenges of the Fourth Industrial Revolution.”

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New Internet Security Principles Developed with WEF to Help Protect up to 1 Billion Users

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While certain cyberattacks focus on specific organizations, the majority target the largest number of internet users possible. Such attacks are often relatively easy for cybercriminals to undertake and can cause serious harm. The impact of indiscriminate malicious activity online can be significant and carries an estimated global price tag of $6 trillion in 2021.

The World Economic Forum Centre for Cybersecurity brought together a group of leading ISPs and multilateral organizations to develop new ways to protect and prevent these attacks from reaching consumers. Following a year of development and testing, four actionable principles were identified as successful in preventing malicious activities from getting “down the pipes” to consumers, set out in the report: Cybercrime Prevention: Principles for Internet Service Providers.

BT, Deutsche Telekom, Du Telecom, Europol, Global Cyber Alliance, Internet Society, Korea Telecom, Proximus, Saudi Telcom, Singtel, Telstra, ITU endorsed these principles, protecting up to 1 billion consumers in 180 countries in the process.

“Cybersecurity is becoming a public safety issue,” said Amy Jordan, Delivery Lead, Platform for Shaping the Future of Cybersecurity and Digital Trust, World Economic Forum. As more and more devices are connected and physical infrastructure becomes increasingly connected, no one company can do it alone. The community needs to come together, and these principles can accelerate and scale impact.”

In the report, each principle is considered from the perspective of the challenges it is seeking to address, as well as providing demonstrable evidence from service providers of the benefits of implementation. Further, more technical detail on how each principle could be implemented is also provided in related recommendations.

“This initiative represents a fantastic example of the World Economic Forum’s ability to convene public and private sector stakeholders to share and implement industry best practice that helps not only the organizations involved, but the users of the internet at large,” said Kevin Brown, Managing Director, BT Security.

“EUROPOL wholeheartedly supports the adoption of these principles by Internet Service Providers worldwide because they have the potential to significantly limit the harm caused by malicious cybercrime actors,” said Catherine de Bolle, Executive Director of EUROPOL.

“The World Economic Forum’s ISP Principles are a superb collection of actionable measures that providers can use to reduce malicious activity online,” said Joseph Lorenzo Hall, Senior Vice President, Strong Internet, Internet Society.

“By adopting these best practice principles and working with governments in a public-private partnership to create a supportive policy framework, we will collectively boost trust in the digital economy and significantly reduce cybercrime,” said Stefaan De Clerck, Chairman, Proximus Board.

“As a nation, and as the digital enabling company, we are exposed to all sorts of attacks, which forced us early on to heavily invest and build world class cyber capabilities to become fully resilient. Guided by these four principles we encourage other ISPs to leverage them in defining their strategies and gain confidence by joining other global partners.” said Nasser Suliaman AlNasser, Saudi Telecom Group (stc) CEO.

It is recommended that ISPs adopt the following key principles:

1. Protect consumers by default from widespread cyberattacks and act collectively with peers to identify and respond to known threats.

2. Take action to raise awareness and understanding of threats and support consumers in protecting themselves and their networks.

3. Work more closely with manufacturers and vendors of hardware, software and infrastructure to increase minimum levels of security.

4. Take action to shore up the security of routing and signalling to reinforce effective defence against attacks.

The World Economic Forum, will now use its Platform for Shaping the Future of Cybersecurity and Digital Trust to drive adoption of the Principles and seek to initiate a dialogue between public- and private-sector stakeholders on how governments can incentivize uptake and establish clearer policy frameworks and expectations. By working collaboratively, ISPs will be better placed to protect their customers and defend their own networks than if they work alone.

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42 Global Organizations Agree on Guiding Principles for Batteries to Power Sustainable Energy Transition

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Batteries will be a major driver in reducing the carbon footprint of the transport and power sectors through the use of electric vehicles and renewable energy. To help companies and governments, the Global Battery Alliance designed 10 guiding principles for the creation of a sustainable battery chain by 2030.

These principles are intended as the first step in a responsible, sustainable battery value chain as set out in the Global Battery Alliance’s “A Vision for a Sustainable Battery Value Chain in 2030”. Implementing commitments will be based on existing standards such as the Organisation for Economic Co-operation and Development (OECD)’s Due Diligence Guidance and economically viable considerations for a circular and low carbon economy.

At the Annual Meeting 2020, 42 organizations, including businesses from mining, chemicals, battery, automotive and energy industries, representing annual revenue of close to a trillion dollars, along with international organizations and global NGOs, have agreed on the 10 guiding principles.

They include maximizing the productivity of batteries, enabling a productive and safe second life use, circular recovery of battery materials, ensuring transparency of greenhouse gas emissions and their progressive reduction, prioritizing energy efficiency measures and increasing the use of renewable energy, fostering battery-enabled renewable energy integration, high quality job creation and skills development, eliminating child and forced labour, protecting public health and the environment and supporting responsible trade and anti-corruption practices, local value creation and economic diversification.

“We all need batteries to power the clean revolution. However, we must ensure violations of human rights do not occur anywhere in the value chain, that local communities benefit and that battery production is sustainable. These guiding principles are an important first step to build a value chain that can deliver on this promise while supporting societies and economies at the same time”, said Dominic Waughray, Managing Director, World Economic Forum.

Organizations supporting the realization of a battery value chain that meets these principles include AB Volvo, African Development Bank, Amara Raja Batteries , Analog Devices, Audi, BASF, Bayerische Motoren Werke (BMW), Cadenza Innovation, China EV100, Clarios, ClimateWorks Foundation, Enel, Envision Group, Eurasian Resources Group (ERG), Everledger, Fairphone, Fundacion Chile, Good Shepherd International Foundation, Greentech Capital Advisors, Groupe Renault, Honda, IMPACT, International Institute for Environment and Development (IIED), International Justice Mission (IJM), Johnson Matthey, International Lead Association (ILA), Leaseplan, Office of the President of the Democratic Republic of the Congo (DRC), OPTEL Group, Pact, Pure Earth, Responsible Battery Coalition, SGS, SK Innovation, Sociedad Química y Minera de Chile SA (SQM), The Faraday Institution, The World Bank Group, Trafigura, Transport & Environment (T&E), Umicore, United Nations Children’s Fund (UNICEF), the Volkswagen Group and the World Business Council for Sustainable Development (WBCSD). To realize the full ambition of these principles, the Global Battery Alliance is actively seeking the endorsement of additional organizations to ensure full participation throughout the battery value chain.

This alignment among key players in the battery market establishes the basis for a transparent accountability system. It will guide the development of a global digital battery information disclosure system referred to as the “Battery Passport”, which is designed to enable a transparent value chain, for example, with respect to human rights and the environmental footprint.

What the signatories say

“Je suis ravi d’annoncer que le Gouvernement de la République Démocratique du Congo soutient la Global Battery Alliance et ses dix principes directeurs. J’invite les membres de mon gouvernement à travailler avec l’Alliance afin d’établir une chaîne de valeur durable du cobalt. C’est indispensable pour permettre la transition énergétique.” Felix Tshisekedi, President of the Democratic Republic of the Congo (DRC)

“Amara Raja is fully committed to support the transition to a carbon neutral energy footprint across the globe and recognizes that advanced battery technologies have a critical role to play to enable and accelerate this transition. Amara Raja is delighted to be part of the Global Battery Alliance efforts to drive the transition and endorses the ‘Principles and Commitments to Realize the 2030 Vision’. The principles and commitments as articulated by the GBA provide a framework for implementation of a scalable and sustainable approach for faster adoption of smart energy solutions for a greener future.” Vijayanand Kumar Samudrala, Chief Executive Officer, Amara Raja Batteries

“Analog Devices strongly believes that technology is one of the key enablers for a sustainable, circular and ultimately regenerative economy. Batteries will play a key part in enabling this shift as the world accelerates towards renewable energy sources. It is vital that the value chain forming around batteries is both sustainable and just across the entire lifecycle of the battery, from extraction and formation to second life and recycling. At Analog Devices, we support the work of the Global Battery Alliance and fully endorse the 10 principles for a sustainable value chain.” Vincent Roche, Chief Executive Officer, Analog Devices

“For Audi, batteries are key on our way to carbon neutral mobility. To ensure that this technology is thoroughly sustainable, we welcome and support the GBA initiative and our common principles. We believe in the power of joint collaboration across all stakeholders in the entire value chain of batteries and therefore encourage others to join the GBA as well. Audi is striving for a reliable “sustainability performance seal”, carried out by robust stakeholder engagement, which stands as a global reference for clean and ethically produced batteries.” Hildegard Wortmann, Member of the Board of Management, Sales and Marketing, Audi

“These guiding principles are a milestone for the Global Battery Alliance to promote a sustainable and responsible battery value chain. As a founding member of the alliance, BASF welcomes a joint vision and concrete actions, such as the planned battery passport.” Martin Brudermüller, Chairman of the Board of Executive Directors of BASF and Co-Chair of the Global Battery Alliance

“An efficient, transparent, sustainable global value chain is vital to ensuring that the battery industry continues to meet unprecedented demand in an innovative and socially responsible manner. The guidelines put forth by the Global Battery Alliance provide a thoughtful and actionable approach for ensuring that. By bolstering the role that energy storage plays in combatting climate change while lifting underserved populations up out of energy poverty, the GBA’s efforts can benefit our whole society.” Christina Lampe-Onnerud, Founder and Chief Executive Officer, Cadenza Innovation

“The 10 principles of the Global Battery Alliance have far-reaching significance for the development of the global battery industry, and will play a guiding role in the orderly and sustainable development of the battery value chain. As a think tank and exchange platform for China’s electric vehicle industry, China EV100 has been committed to conducting research and cross-industry exchanges on the entire value chain and recycling of the battery industry for the past six years. We are willing to work with GBA to help the energy transition and decarbonization of the transportation industry along with the sustainable development of the electric vehicle and battery value chain.” Liu Xiaoshi, Executive Deputy Secretary-General, China EV100

“When combined with zero-carbon electricity from sources like wind and solar, batteries can cleanly power our vehicles, homes and businesses, reducing climate pollution and advancing sustainable development. As an organization dedicated to ending the climate crisis, the ClimateWorks Foundation supports the work of the GBA and applauds its efforts to improve battery supply chain sustainability in the mining and extraction industries and ensure greater transparency and traceability.” Charlotte Pera, President and Chief Executive Officer, ClimateWorks Foundation

“We support these principles as they are fully aligned with our strategy and with commitments we have already made to the environment, society, human and labour rights. The collaboration of the whole value chain to sustainably supply battery storage systems is key to accelerate the energy transition. As the world’s leading private operator of renewables and networks, we have implemented tangible actions to foster a circular and sustainable value chain that is respectful of human rights.” Francesco Starace, Chief Executive Officer, ENEL

“As we convene for the 50th anniversary Davos meeting, the launch of the 10 key principles will help bring the Alliance one step closer to unlocking the potential of batteries to power sustainable development. We are aiming to ensure that the vast benefits to the global economy never come at the cost of the most vulnerable communities. A key focus for ERG is working with all Alliance members to eradicate child labour within the battery value chain.” Benedikt Sobotka, Chief Executive Officer of Eurasian Resources Group and Co-chair of the Global Battery Alliance

“At Everledger, we believe technology is one of the greatest platforms for change towards a low carbon economy. We not only support the principles of the GBA, but also enable the global battery value chain to achieve ever increasing levels of transparency for sustainability efforts.” Leanne Kemp, Chief Executive Officer, Everledger

“It is time we as an industry make a joint effort in cleaning up our battery supply chains. We welcome the GBA principles as an important step towards this.” Monique Lempers, Director Impact Innovation, Fairphone

“As non-corporate members of the Global Battery Alliance, we endorse the GBA principles for the development of an economically, socially and environmentally sustainable battery value chain. Aligning our diverse global collaboration platform around the principles – placing the Sustainable Development Goals and the critical connectivity of human rights and development at the heart of the value chain – is an important step forward for the GBA. We are committed to monitoring and implementing joint programmes to deliver concrete progress against the principles, and developing clear and transparent measuring tools, as we continue to support this critical effort.” Joint statement from Cristina Duranti, Director, Good Shepherd International Foundation; Joanne Lebert, Executive Director, IMPACT; Gary A. Haugen, Chief Executive Officer, International Justice Mission; Karen Hayes, Vice-President, Mines to Markets, Pact; Charlotte Petri Gornitzka, Assistant Secretary-General and UNICEF Deputy Executive Director, Partnerships, United Nations Children’s Fund (UNICEF)

“We fully endorse the Global Battery Alliance’s bid to develop a responsible and sustainable battery value chain. The world is going to need many more batteries using different chemistries and technologies as demand for energy storage continues to grow and we are encouraged that the 10 guiding principles make reference to lead-based batteries that will continue to play a significant role in achieving the UN sustainability goal to provide access to clean and affordable energy for all. The GBA’s aim to foster the creation of a sustainable battery value chain by 2030 is fully aligned with lead battery industry’s material stewardship initiative and our own guiding principles.” Andy Bush, Managing Director, International Lead Association

“Johnson Matthey is very pleased to support the 10 principles of the GBA, which underpin our company’s vision to build a cleaner, healthier world. This a key milestone for the battery community as we align to deliver common objectives that will power a sustainable energy transition in a way that safeguards and benefits the whole supply chain and the planet. JM is fully committed to working together with the GBA on these critically important efforts.” Robert MacLeod, Chief Executive Officer, Johnson Matthey

“Electric vehicles and the batteries that power them are central to the fight against climate change. LeasePlan therefore fully supports the work of the Global Battery Alliance to ensure we have safe, clean and ethically produced batteries. Collectively, we are determined to build a 100% sustainable battery value chain and ensure the industry maintains its social licence to operate.” Tex Gunning, Chief Executive Officer, LeasePlan

“We welcome the adoption of GBA principles that explicitly refer to the need for human rights standards in the battery supply chain. To effectively address child labour and other human rights issues, formalization of artisanal and small-scale mining (ASM) sites is key. The GBA is ideally positioned to pool knowledge and resources to develop ASM formalization standards that can be implemented in the DRC.” Michael Posner, Director of the NYU Stern Center for Business and Human Rights and Dorothée Baumann-Pauly, Director of the Geneva Center for Business and Human Rights

“At OPTEL, we are proud to use our traceability expertise to contribute to the achievement of the GBA principles towards a sustainable battery value chain. This project fits perfectly with our mission of using innovative technologies to create a more sustainable world and we recognize all the organizations jointly involved in this effort.” Louis Roy, President, OPTEL GROUP

“The Global Battery Alliance is moving the needle with respect to batteries. Health problems from battery recycling (especially lead-acid batteries) are ridiculously enormous. We need to avoid a similar problem with lithium batteries, as their boom continues. GBA is the group that can make this happen.” Richard Fuller, President, Pure Earth

“Batteries are becoming a significantly more important part of our energy infrastructure, economy and national security. A key part of sustaining our growing, battery-reliant energy infrastructure is to conserve human and natural resources. We at the Responsible Battery Coalition are proud to join with our fellow members of the Global Battery Alliance in supporting these principles and working together in creating a sustainable, humane and circular battery value chain.” Steve Christensen, Executive Director, Responsible Battery Coalition

“SK Innovation fully supports the 10 guiding principles and the GBA’s ambition to build sustainable global battery value chain by 2030. This vision and timeframe dovetails with SK Innovation’s ‘Green Balance 2030’ initiative, which will accelerate our transition to a low carbon economy. Moreover, we believe accurate measurement is the very first step in building momentum and credibility for a sustainable value chain. SK group-wide socio-environmental impact assessments demonstrate that our growing battery business is leading the way with our decarbonization efforts.” Jun Kim, President and Chief Executive Officer, SK Innovation

“In the last 25 years SQM has been operating and optimizing its sustainable production process for lithium. SQM takes its responsibility seriously in protecting the environment and ensuring the well-being of its neighbouring communities. As a key element to achieve the goals of the Paris Agreement, today we are taking another step, making a public and transparent commitment to the principles of the Global Battery Alliance of the World Economic Forum to ensure sustainable supply of lithium. SQM is proud to endorse the GBA principles of the World Economic Forum. As a leading lithium producer, we believe this is major step towards realizing a sustainable battery supply chain.” Ricardo Ramos, Chief Executive Officer, SQM

“We must diligently work together and support governments like that of the DRC in their efforts to address shortcomings in the Lithium-ion value chain. These challenges cannot be wished away. The adoption of the Global Battery Alliance principles provides a welcome foundation in pursuit of the responsible sourcing of materials such as cobalt, which are essential for the transition to low carbon economies.” Jeremy Weir, Executive Chairman and Chief Executive Officer, Trafigura

“Rechargeable Batteries are the best technology to achieve zero emissions mobility and underpin climate neutral economy of the future. The Global Battery Alliance should accelerate the transition to sustainably sourced and produced batteries by enabling full traceability along the supply chain and implementing the Battery Passport. GBA’s members include the world’s largest mining and smelting companies so it is in their power to guarantee responsible, safe and inclusive extraction of battery metals in developing countries.” Julia Poliscanova, Director, Transport & Environment’s Clean Vehicles and E-Mobility Director

“I am very pleased that after over two years of intense work among many key stakeholders of the battery value chain we have reached consensus on 10 challenging principles. In particular, the principles call for ‘immediately and urgently eliminating child and forced labour’ from the batteries. Indeed, we cannot accept that the pursuit of climate neutrality should in any way involve child labour. Therefore (along with the immediate elimination of child labour) I am prepared to pledge significant funds to support the work of a consortium of NGOs in order to ensure that children are out of the mines and I invite other members of the Global Battery Alliance to join me for the creation of this fund.” Marc Grynberg, Chief Executive Officer, Umicore

“At Volkswagen, our sustainability and social responsibility requirements go well beyond production and cover the entire value chain. We do not tolerate any infringements of environmental and social standards – this applies to the entire supply chain. That’s why we support the GBA and are committed to the 10 principles that were agreed today as a building block to safeguard human rights and economic development consistent with the UN Sustainable Development Goals.” Ralf Pfitzner, Head of Sustainability, Volkswagen Group

Sustainable batteries are a must for our society to thrive within planet boundaries. WBCSD welcomes the 10 principles for a sustainable value chain that protects human rights and accelerate the transition to carbon neutrality, and will continue to support the Global Battery Alliance members in their action towards the vision for a sustainable battery value chain by 2030”, Maria Mendiluce, World Business Council for Sustainable Development (WBCSD)

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