The institutional key to step-up disaster risk management in Thailand

By Andrea Colombo, Jr. Policy Analyst, and Chloé Stutzmann, Consultant, OECD Development Centre

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Thailand, Nonthaburi flood, 2011.
Photo: Suwan Wanawattanawong / Shutterstock.com

The increasing exposure of people to disaster worldwide was a key issue during last week’s World Water Forum in Brasilia. By 2050, almost 2 billion people in the world will be at risk of floods. At the same time, between 5 and 6 billion people might live in areas that will be water-scarce.

Thailand is no exception to this global trend. The 2011 floods affected 16 million people and claimed over 1 000 lives. The economic damage accounted for over USD 9 billion in the city of Bangkok alone (OECD, 2015). In 2016, drought was declared in 14 provinces, and water rationing was imposed as major dams dropped to their lowest levels since 1994. Such flooding and drought moreover negatively affect agricultural production, especially in Thailand’s rural provinces in the North, the Northeast and the South regions, where agriculture’s share in GDP exceeded 20% in 2015, compared to the 9% national average.
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Maximising the public-private investment multiplier

By Alain de Janvry and Elisabeth Sadoulet, Professors at the University of California at Berkeley and Senior Fellows at the FERDI
 

Development-finance

At the FERDI-IDDRI conference on “Development, Climate and Security” held in Paris on January 15, 2018, Barbara Buchner from the Climate Policy Initiative reported on the state of global climate finance flows for mitigation and adaptation. She made two points. First, finance is under-invested to combat climate change if the COP21 target in temperature increase is to be met. Second, private investment’s role in complementing public investment in climate finance is large, with an estimated 2/3 private for 1/3 public in current total contributions. This stresses the fundamental part private investment can play in meeting the COP21 objectives, particularly at a time when governments face multiple demands on public expenditures.

With public investment targeted to induce private investment, this raises the issue of public investment’s effect as a private investment multiplier. A useful way of thinking about the under-investment issue is consequently how to target public investment to maximise the public-private investment multiplier.

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Bridging the green investment gap in Latin America: what role for national development finance institutions?

By Maria Netto, Lead Capital Markets and Financial Institutions Specialist, Inter-American Development Bank, and Naeeda Crishna Morgado, Policy Analyst – Green Growth and Investment, OECD              

Green-investmentThe developing world urgently needs more and better infrastructure. Affordable and accessible water supply systems, electricity grids, power plants and transport networks are critical to reducing poverty and ensuring economic growth. The way new infrastructure is built over the next 10 years will determine if we meet the Sustainable Development Goal (SDGs) and the Paris Agreement objectives. Considering the long lifespan of most infrastructure projects, the decisions developing countries make about how they build infrastructure are critical: we can either lock-in carbon intensive and polluting forms of infrastructure, or ‘leap frog’ towards more sustainable pathways.

Many countries in Latin America are making this shift: thirty-two of them have committed to cut their emissions and improve the climate resilience of their economies, in infrastructure and other sectors, through Nationally Determined Contributions (NDCs). The cost is estimated at a staggering USD 80 billion per year over the next decade, roughly three times what these countries currently spend on climate-related activities. What is more, this is in addition to a wide investment gap for delivering development projects and infrastructure overall – the World Bank estimates that  countries in Latin America spend the least on infrastructure among developing regions in the world.
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Climate Action and Trade Governance: Prospects for Tourism and Travel in Small Island Developing States

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By Keith Nurse, Senior Fellow, Sir Arthur Lewis Institute of Social and Economic Studies; World Trade Organization Chair, University of the West Indies.

To learn more about countries’ strategies for economic transformation, learn about the 9th Plenary Meeting of the OECD Initiative for Global Value Chains, Production Transformation and Development hosted by the Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok, Thailand on November 2017.

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Damage caused to the island of St. Maarten following hurricane Irma. Photo: Shutterstock

2017 will go down as a landmark year given the huge impact of hurricanes on the economic, social and ecological environments in the wider Caribbean. The decimation of several island territories, such as Dominica, Anguilla, Barbuda, St. Maarten, Turks and Caicos, US and British Virgin Islands, and Puerto Rico have taken hundreds of lives and destroyed livelihoods in key sectors like tourism. Take the case of Dominica that had a direct hit from category 5 hurricane Maria on September 18, 2017.1 It is estimated that 35% of the reefs at dive sites in Dominica were damaged, and a month later only 43% of accommodation properties are operational. Hurricane Maria went on to hit Puerto Rico that is now facing a humanitarian crisis.2

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Green Industrialisation and Entrepreneurship in Africa

By Milan Brahmbhatt, Senior Fellow, New Climate Economy (NCE) and World Resources Institute1


Explore this topic further with the upcoming launch of the
2017 African Economic Outlook: Entrepreneurship and Industrialisation in Africa.
Stay tuned for details


Solar salesman in Gulu Uganda Photo credit James Anderson
Solar salesman in Gulu, Uganda. Photo credit: James Anderson

Policy makers across Africa have embraced industrialisation and economic transformation as keys to accelerate inclusive growth. They also increasingly see the need for economic transformation to deliver green growth – growth that does not endanger Africa’s natural environment in ways that reduce the welfare of present and future generations. Economic transformation and green growth depend on doing new things: making risky investments in new, unfamiliar sectors or products or adopting new, unfamiliar methods, processes, technologies, inputs or business models. All this depends crucially on the activity of entrepreneurs, who drive change through their innovation and risk-taking. Fostering entrepreneurship, including green entrepreneurship, is thus a key policy aim for African countries.

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Human migration, environment and climate change

By Daria Mokhnacheva, Thematic Specialist at the Migration, Environment and Climate Change Division, International Organization for Migration (IOM), with contributions by Dina Ionesco, Head of the Migration, Environment and Climate Change Division (IOM) and François Gemenne, Executive Director of the Politics of the Earth Programme at Sciences Po, and Senior Research Associate at the University of Liège – Hugo Observatory

 

the-atlas-of-environmental-migrationEnvironmental migration is a fact. Most countries experience some form of migration associated with environmental and climate change, or forced immobility for those populations that end up trapped. Sudden-onset disasters as well as slow-onset environmental change taking place around the world, whether natural or manmade, profoundly affect migration drivers and migration patterns, even though the relationship between concrete environmental factors and migratory response is seldom direct and linear. Indeed, environmental migration or immobility results from the interplay of intricate economic, political, social and environmental dynamics, where the environmental component is sometimes hard to identify but is nonetheless critical.

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Le climatologue et l’instituteur

Par Laurent Bossard, Directeur, Secrétariat du Club du Sahel et de l’Afrique de l’Ouest (CSAO/OCDE)

(English version follows)

image-finding-problems-to-fit-solutionsDans le deuxième opus des Notes ouest-africaines du Secrétariat du CSAO/OCDE («Les impacts climatiques dans le Sahel et en Afrique de l’Ouest: Le rôle des sciences du climat dans l’élaboration des politiques » ), Carlo Buontempo et Kirsty Lewis du Met Office UK s’interrogent sur le rôle des sciences du climat dans la formulation des politiques.

J’avais envisagé d’intituler ce blog « Ne laissez pas les climatologues s’occuper (seuls) du changement climatique ! ». Après tout, les auteurs eux-mêmes ne soulignent-ils pas que les climatologues ne sont pas nécessairement bien équipés pour identifier les éléments essentiels du climat et du changement climatique au regard des problématiques humaines ? J’ai toutefois finalement renoncé  du fait d’une admiration sincère pour cette corporation dont la lourde tâche est de nous aider à construire un avenir meilleur pour la planète.   Continue reading