Transcript Climate risk, climate change and climate smart

Development in a Changing Climate
World Development Report 2010
Why this report? Why now?
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Advocacy for development concerns
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Development realities must be integrated into
climate actions
Climate change means new and additional
challenges for development
Financial crisis does not lessen the urgency
Solid factual and analytical base
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Bring together the latest climate research and our
wealth of development knowledge
Provide an analytical framework to help answer
“how to”
A call to action
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Climate change is one of many challenges facing
developing countries…but unless tackled soon, it will
reverse development gains and worsen inequality.
The magnitude and certainty of the risks associated
with climate change justify immediate and ambitious
action
Climate-smart development is needed and can be
achieved.
Rich countries must take the lead on climate policy, but
all countries have a stake in solving the climate crisis.
Actions must be:
Immediate and ambitious
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The case for (in)action is not about
discount rates…
It’s about ethics, inertia and irreversibility
Danger is real – justifying a precautionary
approach
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Above 2 to 2.5oC, real danger of irreversible changes,
especially for developing countries
World emissions must decrease by at least two-thirds
in the coming decades to achieve this goal
Actions must be:
Smart – not just climate-resilient
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Integrated approach to development, adaptation
and mitigation
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AAA solutions
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Competing demands for land, water, energy
Adequate – to protect us from run-away climate change
Achievable – technical feasibility
Acceptable – efficient, cost effective and equitable
Opportunities
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How to seize them in the changing competitive landscape
Actions must be:
Broad-based
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The lower the participation
rate, the higher the total
costs of reaching a target.
The additional cost is pure
waste – deadweight loss
Likely to be borne by rich
countries – incentive to
bring everyone into a
mutually beneficial climate
deal
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Cost penalty
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6
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1
0
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Participation rate
Source: Nordhaus, 2008
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Outline
Chapter 1. Climate Change and Development are Inextricably Linked
Part I. The Challenges and Opportunities of Climate-Smart
Development
Chapter 2. Managing Competing Demands: the Water and Land Challenge
Chapter 3. Managing Competing Objectives: the Energy Challenge
Chapter 4. Reducing Human Vulnerability
Part II. The Challenges and Opportunities of Development-Smart
Climate Policy
Chapter 5. Integrating Development into International Climate Change Agreements
Chapter 6. Enhancing Finance and Market Instruments for Mitigation and Adaptation
Chapter 7. Harnessing Innovation and Technology Diffusion for Mitigation and Adaptation
Chapter 8. Achieving Climate-Smart Decisions
Consultations & Communication
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Early start on extensive consultations:
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Ambitious, so partnerships essential:
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Within the Bank (regions; anchors)
Outside the Bank: done or planned in Africa, East Asia,
Europe, LAC, Mena, South Asia
Workshops: Berlin, Bangkok, Pretoria, Oslo, Kuwait City
Advisors from Bangladesh, Brazil, China, Europe, Kenya,
South Africa, USA
With World Bank regions and SFDCC team
With other agencies (UNEP, UNDP, UNFCCC, OECD, WHO,
WMO, CGIAR, FAO…)
Innovative:
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Blog; essay and art competition; film and documentary
Particular effort to target children and young adults
“With our helpful hands we can
do many useful things”
Soo Min Shin, 8 years old, Thailand