Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

A path for financing smart economic development

Posted by fidest press agency su giovedì, 14 Maggio 2009

The Commission on Climate Change and Development reported on its progress at the United Nations in New York and will also present its findings at the Swedish Embassy in Washington D.C. The Commission is addressing climate change adaptation and its links with disaster risk reduction. Since its launch by the Swedish government in late 2007, the group has met with governments and citizens struggling with the effects of climate change in Cambodia, Mali, and Bolivia. It will issue policy recommendations on how to strengthen resilience of vulnerable communities and countries, establish appropriate institutional and financial architecture for adaptation, and mobilize new financial resources.Developing countries are particularly exposed to the impacts of droughts, floods and wind storms as well as longer term changes in ecosystems. International negotiations have focused on reducing greenhouse gas concentrations in the atmosphere – with little success. Although all efforts must continue to reach agreement on implementing GHG limits, this work cannot blind governments to the need to begin to adapt to changing climate systems right now.One of the many recommendations within the Commission’s Progress Report is that funding for adaptation must go far beyond current official development assistance and that all donors honor their commitments of 0.7 percent of gross domestic product. The recent Bangladesh Adaptation Strategy for responding to natural disasters sets an interesting example.The Commission determined that knowledge of local impacts is still largely in the form of hypotheses and scenarios. While greenhouse gas reductions are measurable, it is more difficult to determine the success of adaptation and requires much more cooperation between institutions in different fields. These institutions can no longer be reactionary, as was the case after the food and financial crises of 2008. Also, existing institutions must be made as effective as possible rather than adding to the already proliferating array of institutions.The members of the Commission represent international and regional organizations as well as research, civil society and the private sector. Members participate in their personal capacities and include: Carlsson (Sweden); Angela Cropper (Trinidad and Tobago), deputy executive director for the United Nations Environment Programme (UNEP); Mohamed El-Ashry (Egypt), senior fellow, UN Foundation; Sun Honglie (China), professor and head of the China Climate Change Expert Committee at the Chinese Academy of Sciences; Nanna Hvidt (Denmark), director of the Danish Institute for International Studies; Ian Johnson (UK), chairman of IDEAcarbon; Lash (USA); Wangari Maathai (Kenya), professor and founder of the Green Belt Movement; Ivo Menzinger (Switzerland), Managing Director at Swiss Re; Sunita Narain (India), director of the Centre for Science and Environment; Youba Sokona (Mali), executive secretary of the Sahara and Sahel Observatory (OSS); Bernard Petit (France), deputy director-general, Directorate-General for Development, European Commission; Margareta Wahlström (Sweden); UN assistant secretary-general for Disaster Risk Reduction and the secretary general’s special representative.

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