Diasporas, des acteurs invisibles de l’action climatique
Par Jason Gagnon, chef d’unité et économiste principal, Centre de développement de l’OCDE, et David Khoudour, conseiller mondial en mobilité humaine, PNUD
(This blog is also available in English)
Les diasporas jouent un rôle précieux dans la lutte contre les vulnérabilités climatiques dans les pays d’origine
Il est bien connu que les transferts de fonds contribuent de manière significative aux économies des pays à revenu faible ou intermédiaire : ils représentent en moyenne plus de 5 % de leur PIB. Ce que l’on sait moins, en revanche, c’est que l’aide apportée par les communautés à l’étranger est quatre fois plus importante dans les pays frappés par des catastrophes liées au changement climatique : en Haïti, au Honduras ou au Népal, les transferts de fonds représentent plus de 20 % du PIB.
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Our top 5 blogs of 2023!
In case you missed it, here are our most popular blogs of last year:
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How to maximise the benefits of the LDC Services Waiver
By Swati Sharma, independent trade law and policy professional; and Neil Balchin, Economic Adviser, Commonwealth Secretariat, London
Services is the fastest growing segment of international trade. Yet, while service exports from least developed countries (LDCs) grew by 9% in 2021, they still accounted for less than 1% of global services trade.
Recognising the potential for trade in services to create jobs and accelerate development, the World Trade Organisation (WTO) adopted a Waiver in 2011 to support LDC service suppliers.
In addition to non-market access preferences, the Waiver enables developed and developing countries to grant direct-market-access preferences to LDCs that would otherwise be inconsistent with the most-favoured-nation rules of the WTO’s General Agreement on Trade in Services. In response, LDCs collectively identified their export interests under the Waiver. Continue reading How to maximise the benefits of the LDC Services Waiver
Nation building successes and failures matter to the EU and OECD
By Dominic Rohner, Professor of Economics, Faculty of Business and Economics (HEC Lausanne), University of Lausanne, and Research Fellow, the Centre for Economic Policy Research (CEPR)
From Syria to Libya, Somalia to Yemen, today more than 50 nations are categorised as fragile states. With a number sitting very close to the EU’s borders, it’s impossible to argue that these countries and the difficulties they face exist in a vacuum from the rest of the world.
As conflict, extremism, and poverty increase due to states falling into “failed” or “failing” categories – the ripple effects are not only tragic for the domestic population but also felt way beyond their borders.
It follows that, to help the EU achieve greater integration and assist its institutions bolster fragile neighbours and partner states, we need a greater understanding of what makes some states thrive, while others slide from fragility to outright collapse. Continue reading Nation building successes and failures matter to the EU and OECD
Quota reform is an opportunity for the IMF to restore its legitimacy
By William N. Kring, Marilou Uy, Rakesh Mohan and Haihong Gao1
As the global economy confronts a myriad of challenges, the prospects for long-term growth and economic recovery look increasingly bleak.
The International Monetary Fund (IMF), the center of the Global Financial Safety Net (GFSN), is the pre-eminent multilateral institution tasked with addressing challenges that threaten global financial stability. Unfortunately, the lending capacity of the IMF has not kept pace with the global economy or global trade flows, and quota shares of emerging market and developing economies (EMDEs) are increasingly misaligned with their role in the global economy.
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Social protection is key to ending poverty. So why is it so neglected in ODA?
By Olivier De Schutter, United Nations Special Rapporteur on extreme poverty and human rights
Progress on poverty eradication is fading fast. We’re halfway to 2030, the deadline for achieving the Sustainable Development Goals, and the number of people living in extreme poverty is higher than it was four years ago.
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Currency risk is stifling climate finance for developing countries. It should – and can – be mitigated
By Ruurd Brouwer, CEO, TCX, and Barry Eichengreen, Professor of Economics and Political Science, University of California, Berkeley
Private-sector funding will be essential for raising the trillions of dollars needed to finance climate-change abatement and adaption projects in emerging and developing countries. The question is: will that finance be forthcoming?
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Cascading climate risks are a threat Latin America must take seriously
By Will Nichols, Head of Climate and Resilience Risk, Verisk Maplecroft
Record temperatures, wildfires, storms and floods have all made headlines in 2023 as the world braces for a new climate reality. But the secondary impacts of these climate shocks cannot be ignored.
Governments and business organisations in Latin America must ask difficult questions about the relationships between climate impacts and secondary risks, including:
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Opinion: The World Bank’s Evolution Is a Chance to Accelerate the End of Extreme Poverty
By Shameran Abed, Executive Director, BRAC International and Joanne Carter, Executive Director, RESULTS/RESULTS Educational Fund
The World Bank is evolving, but can it widen its mandate without losing focus on ending extreme poverty?
Cascading crises that include COVID-19, the Ukraine war, rising inflation, and climate extremes are making the fight against poverty ever more complex. Presented with this shifting landscape, we must support the World Bank’s efforts to evolve to better support governments in driving sustainable development.
However, in a world where lack of prioritisation over recent years has already led to a slowing of poverty reduction, the Bank must ensure its evolutions do not result in losing further momentum towards this goal.
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Une ambition renouvelée pour la coopération pour le développement à l’OCDE
Par María del Pilar Garrido Gonzalo, Directrice de la coopération pour le développement à l’OCDE
Le récent sommet de Paris pour un Nouveau Pacte Financier Mondial a tourné une page de la coopération pour le développement écrite en 1944 à Bretton Woods. Créés alors, la Banque internationale pour la reconstruction et le développement (BIRD) et le Fonds monétaire international (FMI) avaient un champ d’action limité pour un monde qui comptait moins d’une centaine de pays indépendants. Les priorités étaient la reconstruction de l’Europe et l’équilibre des balances de paiements, comme en témoigne le prêt pionnier de la BIRD à la France. Depuis, le monde a considérablement évolué, avec plus de 150 pays aspirant au statut de pays à revenu élevé, plus de 650 millions de personnes en situation d’extrême pauvreté, et des défis urgents liés au changement climatique et à la perte de biodiversité.
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