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Michele de Nevers was a Senior Associate at the Center for Global Development specializing in climate finance issues. Before joining CGD she was a Visiting Fellow at the Global Economic Governance Programme at University College, Oxford. From 1981 to 2010 she worked for the World Bank, including as Senior Manager of the Environment Department and Director at the World Bank Institute. In the Environment Department she led the preparation of the WB's corporate Environment Strategy and the global consultations on the Bank’s Strategic Framework for Development and Climate Change Michele holds an MS in Management, with a concentration in Finance, from MIT and a BA in Bacteriology from the University of California, Berkeley.
What do the stalled climate talks getting underway in Doha, Qatar, this week and the partisan jousting in Washington over the impending “fiscal cliff” have in common? Not much if you get your information from the mainstream media, which has mostly either ignored the idea or poured cold water on it. Below the surface, however, there is fresh interest in the United States in taxing carbon pollution, including from some unexpected quarters. Such a move can’t come soon enough.
In a break with the post-World War II practice of international organizations being headquartered in either Europe or the US, South Korea beat five nations to become the host of the Green Climate Fund (GCF), a new entity that may become a key player in international efforts to avert runaway climate change. The GCF interim secretariat announced late last month that Songdo International Business District, a gleaming new satellite city adjacent to South Korea’s main airport, won the competition to host the fund. The decision is expected to be confirmed at the 18th Conference of the Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) that will get underway in Doha, Qatar, later this month.
Remarks byH.E. Muni Figueres
Ambassador to the US, Embassy of Costa Rica
H.E. Dipu Moni
Foreign Minister, People's Republic of Bangladesh
FeaturingMichele de Nevers
Visiting Senior Associate, Center for Global Development
Lead Economist, World Bank
Director General, DARA
Vice President, Communications and Policy Outreach
Center for Global Development
To increase understanding of climate vulnerability indices and their use in allocating finance, the Center for Global Development and DARA, a Madrid-based organization committed to improving the effectiveness of aid for people suffering from conflict, disasters and climate change, are organizing a roundtable discussion. Speakers will outline three vulnerability indices developed by DARA, CGD, and the World Bank together with the London School of Economics and discuss their use for allocating adaptation funds. Participants will include government representatives from Bangladesh and Costa Rica as well as academics and representatives of think tanks and civil society organizations working on climate change adaptation issues.
I’ve spent the last year at CGD working with a team of experts to figure out how to encourage more funders to pay tropical forest countries for results in reducing deforestation. My CGD colleagues Jonah Busch and Frances Seymour have done extensive research that documents that forests are critical for development and to combat climate change. And paying forest countries for performance – actual results in reducing deforestation – can provide an essential incentive and can complement funding for inputs, as reflected in CGD’s Cash-on-Delivery aid research.
The Senate voted today (Thursday) to move ahead with legislation to build the controversial Keystone XL pipeline, which would transport millions of barrels of dirty tar sands oil from Canada to the US Gulf Coast, mostly to be refined and exported to other countries (legislation destined for the Presidential veto). Strange, then, that last week the Senate voted 98-1 to approve a resolution stating that “climate change is real and not a hoax.”
Energy has fueled economic and social development worldwide. From the US to China to South Africa, energy has enabled countries to increase incomes and standards of living. In turn, expanding middle classes have increased their energy consumption. How can developing countries, especially middle-income countries, dramatically scale up energy use, and provide access to modern energy services to the billions who lack them, while keeping GHG emissions within the global goal of limiting dangerous temperature rise to 2 degrees Celsius, or even better 1.5 degrees?
The World Bank’s expanding public information mandate is the focus of Stephanie Strom’s excellent article in Saturday’s New York Times. During Robert Zoellick’s tenure as the Bank’s president, he has promoted free public access to databases that formerly required a paid subscription, such as the World Development Indicators, or were simply unavailable (such as detailed information on the location, design, objectives and performance of Bank projects). We have no doubt that this excellent initiative will be a boon to development analysts and scholars worldwide.
The international forest and climate communities have placed high hopes on the potential for compliance carbon markets to generate funding to reduce tropical deforestation through international forest offsets. At a meeting last week in San Francisco on “Navigating the American Carbon World” (NACW) it seemed as if these hopes are likely to be dashed. Or at least not realized in time to save the vast tropical forests in time for them to play a significant role in combatting dangerous climate change.