Tag: Environment

Latin-America green low carbon transition
Green transition, Latin America and the Caribbean

Low-carbon transition in Latin America: what are the risks and the main constraints?

By AFD economists Guilherme Magacho, Antoine Godin, Marion Hémar and Emmanuelle Mansart Monat

A hundred and eighteen billion US dollars. This amount, which represents 2.7% of the GDP of Latin America and the Caribbean, is the annual investment in “renewable power generation, energy efficiencies, electrification of heat, transportation, and power grids” the region needs to align with the Paris Agreement’s objective on climate change. To meet this target, countries in the region are adopting policies and fostering technological changes that are generating rapid structural change across the world.

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Development Matters
Making innovation work for the climate-gender nexus
Green transition

Making innovation work for the climate-gender nexus

By Parnika Jhunjhunwala, Junior Innovation Specialist and Benjamin Kumpf, Head of OECD Innovation for Development Facility, Development Co-operation Directorate, OECD

Climate change and biodiversity loss have devastating effects on the planet and on people, especially women and girls. More women die prematurely than men due to environmental degradation. Women face greater economic insecurity due to their reliance on threatened natural resources. And more women than men are displaced because of climate change. Increasingly, governments, development co-operation providers and international organisations are recognising this climate-gender nexus. The OECD Development Assistance Committee’s (DAC) new declaration on climate recognises the “urgent need to support investments in adaptation and resilience that are nature positive, locally-led, inclusive, transparent and gender-responsive”.

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Development Matters
Hurricane storm surge in the Caribbean
Green transition

Climate finance for SIDS is shockingly low: Why this needs to change

By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD


Small island developing states (SIDS) are the most economically vulnerable of all groups of developing countries, according to the Economic Vulnerability Index. They are particularly vulnerable to natural, economic and health-related shocks beyond domestic control. The growing frequency and intensity of these climate shocks is a direct consequence of being in climate-sensitive areas or seismic zones, as well as the islands’ smallness. From commodities to manufactured spare parts, these states also rely heavily on imports of food and fuel, leaving them at the mercy of price spikes and shortages of essential goods.  

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Development Matters
Why we need to invest in safe and clean mobility
Green transition

A package deal: why we need to invest in safe and clean mobility

By Nneka Henry, Head of the UN Road Safety Fund and Jane Burston, Executive Director of the Clean Air Fund

As economies around the world have developed, rapid industrialisation and urbanisation have often been accompanied by rapid motorisation. These trends are set to continue as developing countries continue to industrialise and car ownership grows. The management and regulation of road safety and air pollution are failing to keep up.

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Development Matters
Green transition

Time for a UN agreement on carbon pricing

By José Antonio Ocampo, Professor at Columbia University and former UN Under-Secretary-General for Economic and Social Affairs and Finance to the G20

Climate change has become an existential threat to humanity. The world has failed to adopt the decisions needed to meet the Paris Agreement targets, restated at COP26 in Glasgow last year, to keep the rise in average global temperature to under 1.5oC above pre-industrial levels and well below 2oC. As the most recent report by the Intergovernmental Panel on Climate Change indicates, current national commitments are still insufficient: CO2 emissions need to fall by around 45% by 2030 from 2010 levels and global emissions need to peak before 2025.

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Development Matters
Green transition

Doing climate adaptation better

By Saleemul Huq, Director, International Centre for Climate Change and Development, Independent University Bangladesh

I have written about the need to ramp up adaptation in order to avoid the worst impacts of human-induced climate change around the world, as lead author on adaptation for the Intergovernmental Panel on Climate Change (IPCC) for over a decade. So the Sixth Assessment Report of the IPCC containing that message was nothing new. 

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Development Matters
Africa, Green transition

How can Africa benefit from the private sector’s growing interest in climate finance?

By Anzetse Were, Senior Economist, FSD Kenya

While the private sector across the world is on a journey towards greening their activities, COP26 marked a milestone so significant that it was termed the Business and Finance COP. In other words, COP26 made ‘climate action mainstream business’. But what challenges and opportunities does this newfound interest present for Africa?

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Development Matters
Green transition

How to fix the failures of climate finance

By Saleemul Huq, Director, International Centre for Climate Change and Development, Independent University Bangladesh

One of the positive outcomes of the COP26 held in Glasgow, Scotland in November 2021 was a universal acknowledgement of the failure of developed countries to deliver climate finance to developing countries, and even of developing countries themselves to actually deliver to the most vulnerable communities within their own territories.

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Development Matters
Green transition

Why COP26 failed to address loss and damage from climate change

By Saleemul Huq, Director, International Centre for Climate Change and Development, Independent University Bangladesh

On 9 August 2021, the science working group of the Intergovernmental Panel on Climate Change (IPCC) report showed that greenhouse gas emissions from human activities are responsible for approximately 1.1°C of warming since 1850-1900. Climate change is not just what is happening now and will happen in the future but also what has been happening for over a century. Today we are dealing with the loss and damage caused by this historical warming.  

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Development Matters
Green transition

How much is an elephant worth? Valuing natural capital to protect nature and improve wellbeing

By Ekkehard Ernst, ILO Research Department and Geneva Macro Labs

Countries in the Global South dispose of a wealth of natural resources. Yet, many of them are also among the least developed. In the following I will argue that we have the tools to ensure that restoring and maintaining this astonishing biodiversity will enable these countries to reach middle-income status over the next decade, at the same time safeguarding our survival.

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Development Matters