Tag Archives: world bank

Rich countries ‘trying to turn climate funds into World Bank’

soyfields in argentina
Soyfields in Argentina, sustainable agriculture projects in South America have been struck down by the UK (Photo: Alfonso/Wikipedia)

Rich countries ‘trying to turn climate funds into World Bank’ — the rich are ‘renegotiating’ the Paris climate deal by trying to limit access for middle income countries to climate finance, it has been claimed

November 20, 2017 — Rich countries are blocking climate finance projects in middle income countries without justification, a powerful developing world group has claimed. Continue reading Rich countries ‘trying to turn climate funds into World Bank’

WB, AIIB commit P21 billion to manage Metro Manila floods

flooding problem
RECURRING PROBLEM. In this file photo, residents of Barangay Holy Spirit in Quezon City, wade the knee-high flood in Veterans Village. Photo by Darren Langit/Rappler

This comes as the Metro Manila Flood Management Master Plan is expected to be fully implemented in 25 years

MANILA, Philippines (Oct. 1, 2017) — Will modernizing pumping stations fix the problem of heavy flooding in the Metro Manila? Continue reading WB, AIIB commit P21 billion to manage Metro Manila floods

Australia’s gas export industry sheds value while tightening local supply

lng plant in curtis island
LNG plants on Curtis Island. ‘The whole project was built on over-inflated forecasts,’ an analyst has said of the Santos devaluation. Photograph: Matthew Abbott for the Guardian

Santos wipes more than $1bn from its LNG plant in Queensland – just a week after Origin announced a similar devaluation

August 15, 2017 — Australia’s natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value. Continue reading Australia’s gas export industry sheds value while tightening local supply

World Bank: let climate-threatened Pacific islanders migrate to Australia or NZ

kiribati villagers
Villagers in Kiribati, which the World Bank says should be allowed to work and permanently settle in Australia and New Zealand. Photograph: Jonas Gratzer/LightRocket via Getty Images

World Bank argues structured migration program would prevent forced migration in future generations

May 8, 2017 — Australia and New Zealand should allow open migration for citizens of Pacific nations threatened by climate change, to boost struggling island economies and prevent a later mass forced migration, a paper from the World Bank argues. Continue reading World Bank: let climate-threatened Pacific islanders migrate to Australia or NZ

Togo’s battle with coastal erosion

Togo Lomé Küste Sandstrand (DW/N. Tadégnon)
Togo Lomé Küste Sandstrand (DW/N. Tadégnon)

Togo is seeking outside assistance to stop it losing territory to the sea. Houses and roads are disappearing. Physical defenses can help, but they, too, are open to attack from the elements

April 17, 2017 — Man-made coastal erosion has reached alarming proportions in Togo. It is threatening the future of two major cities, Lome and Aneho, the current and former capitals, as well as dozens of fishing villages. Continue reading Togo’s battle with coastal erosion

2 billion people drinking contaminated water – WHO

potable water
Image from Shutterstock

Hundreds of thousands of people die each year because they are forced to drink contaminated water, the World Health Organization says, urging large investments to help provide universal access to safe drinking water

GENEVA, Switzerland (Apr. 13, 2017) — Dramatic improvements are needed in ensuring access to clean water and sanitation worldwide, the World Health Organization said Thursday, April 13, warning that nearly two billion people currently use fecal-contaminated water. Continue reading 2 billion people drinking contaminated water – WHO

We are destroying rainforests so quickly they may be gone in 100 years

the congo basin
Likouala-aux-Herbes river near in Congo-Brazzaville. The Congo Basin is the world’s second largest tropical forest. Photograph: Hope Productions/Yann Arthus Bertrand / Getty Images/Getty Images

At current rates of deforestation, rainforests will vanish altogether in a century. Stopping climate change will remain an elusive goal unless poor nations are helped to preserve them

January 24, 2017 — If you want to see the world’s climate changing, fly over a tropical country. Thirty years ago, a wide belt of rainforest circled the earth, covering much of Latin America, southeast Asia Continue reading We are destroying rainforests so quickly they may be gone in 100 years

Anti-Poverty Organizations Say More Coal Will Cause More Poverty

Coal spills out from a tower into a large pile at an Alpha Natural Resources Inc. coal preparation plant in Logan County near Yolyn, West Virginia, U.S., on Wednesday, Aug. 5, 2015. Alpha Natural Resources Inc. filed for bankruptcy in Virginia last week, becoming the latest victim of the coal industrys worst downturn in decades. Photographer: Luke Sharrett/Bloomberg via Getty Images
Coal spills out from a tower into a large pile at an Alpha Natural Resources Inc. coal preparation plant in Logan County near Yolyn, West Virginia, U.S., on Wednesday, Aug. 5, 2015. Alpha Natural Resources Inc. filed for bankruptcy in Virginia last week, becoming the latest victim of the coal industrys worst downturn in decades. Photographer: Luke Sharrett/Bloomberg via Getty Images

The coal industry’s claim that coal is needed to fight extreme poverty and deliver energy access to billions of people

October 31, 2016 — A new position paper released last week by 12 organizations — including the Catholic Agency for Overseas Development, Christian Aid, the Overseas Development Institute, and Oxfam International — rips apart the coal industry’s claim that coal is needed to fight extreme poverty and deliver energy access to billions of people.  Continue reading Anti-Poverty Organizations Say More Coal Will Cause More Poverty

How can we better value water as global shortages start

people collect water from tanker
People collect water from a tanker in Bhiwandi, India. Photograph: Divyakant Solanki/EPA

With water shortages exacerbating inequalities and causing damage to economies, making sure the commodity is properly valued by all is essential

September 13, 2016 — Water is essential for life, whether to irrigate crops, to manufacture goods, or for drinking, washing and cleaning. But the intensification of climate change, a growing population and Continue reading How can we better value water as global shortages start

Air pollution costs trillions and holds back poor countries, says World Bank

air pollution
Smoke billows from industrial chimney stacks in Shanxi province, northern China. The country lost nearly 10% of its GDP to air pollution in 2013. Photograph: Kevin Frayer/Getty Images

Study finds dirty air takes huge economic toll on poor countries and costs the world more than $5tn annually in lost work days and welfare costs

September 9, 2016 — Air pollution costs the world trillions of dollars a year and severely impedes development in many countries, according to the World Bank.  Continue reading Air pollution costs trillions and holds back poor countries, says World Bank