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Climate finance: why is transport getting the short end of the stick?

Shomik Mehndiratta's picture
Going nowhere fast... Photo: Simon Matzinger/Flickr
Climate change is a global challenge that threatens the prosperity and wellbeing of future generations. Transport plays a significant role in that phenomenon. In 2013, the sector accounted for 23% of energy-related carbon emissions… that amounts to some 7.3 GT of CO2, 3 GT of which originate from developing countries. Without any action, transport emissions from the developing world will almost triple to reach just under 9 GT of CO2 by 2050.

In previous posts, we’ve explored the policies that would maximize a reduction of transport emissions. But how do you mobilize the huge financial resources that are required to implement these policies?  So far, transport has only been able to access only 4.5% of Clean Development Mechanisms (CDM) and 12% of Clean Technology Funds (CTF). Clearly, the current structure of climate finance does not work for transport, and three particular concerns need to be addressed.

#Blog4Dev: Creating jobs and renewable energy at the same time

Abdishakur Ahmed's picture



The dramatic decrease in the cost of renewable energy technologies seen in recent years presents an unprecedented opportunity to improve our access to energy—and create employment in the process. This is especially true in Somaliland, where more than 80% of the local population of 3.5 million does not have access to modern electricity.
 
Somaliland’s small economy cannot afford large investments in the infrastructure needed for generating energy in the more traditional, 20th century sense. Running electricity lines over long distances to reach a geographically dispersed, off-grid population is simply uneconomical. Moreover, at US$0.85 per kilowatt, the cost of electricity in Somaliland is among the highest in the world.

Using satellite data to gauge terrorist incomes

Quy-Toan Do's picture

The growing availability of satellite imagery and analysis means that all kinds of things we used to think were hard to quantify, especially in conflict zones, can now be measured systematically.
 
For example, estimating ISIS oil production. Soon after it proclaimed itself the Islamic State in Iraq and the Levant (a.k.a. ISIL/ISIS, the Islamic State, or Daesh, its Arabic acronym), the group was quickly branded the richest terrorist organization in history and oil was believed to be its major revenue source. A typical headline in Foreign Policy proclaimed “The Islamic State is the Newest Petrostate.”

Raising the watermark in Tanzania’s growth and poverty reduction picture

Bella Bird's picture



Tanzania is not a country one would ordinarily expect to find in the ranks of the water- stressed. It hosts, or shares, at least eleven freshwater lakes, and is home to countless rivers, including the Great Ruaha.

Tanzania is relatively blessed with its water resources.
 
Yet over the past 25 years, the country’s population has doubled to about 53 million and the size of its economy has more than tripled. As a result, Tanzania’s per capita amount of renewable freshwater has declined, from more than 3,000m3 to about 1,600m3 per person today—below the 1,700m3 level that is internationally considered to be the threshold for water stress.

Where commodity prices are going, explained in nine charts

John Baffes's picture
The most recent World Bank Commodity Markets Outlook forecasts commodities prices to level off next year after big gains for industrial commodities—energy and metals—in 2017. Commodity prices appear to be stabilizing after a boom that peaked in 2011, albeit at a higher average level than pre-boom.
 
Chart 1

Energy and fertilizer prices rose in October, raw materials and precious metals fell – Pink Sheet

John Baffes's picture
Energy commodity prices increased more than 3 percent in October, a fourth consecutive monthly gain, led by a strengthening in oil, according to the World Bank’s Pink Sheet.

Agriculture prices edged lower in the month, as raw materials declined, notably natural rubber, which tumbled 12 percent. Food and beverage prices changed little. Fertilizer prices climbed over 5 percent, helped by a 12 percent jump in urea.

These winning photos capture the future of sustainable cities

Xueman Wang's picture
The premise behind the Sustainable Cities photo competition was simple. We wanted to learn what people around the world “see” when they hear the words “sustainable cities.”
 
The submissions – and we at the Global Platform for Sustainable Cities received more than 90 entries from over 40 countries around the world – are very revealing.

What the photographers tried to communicate was a need: both the urgent need for infrastructure that leads to more resilient, sustainable cities, or a need to aspire to greener ideals of building sustainable communities for all.

There is no better day than today, World Cities Day, for us to share with you the 10 finalists – including 3 winners and an honorable mention for climate action – of the photo competition.

In the winning photo by Yanick Folly, one can practically feel the chaos of a city in Benin, the smell of exhaust fumes as cars crawl up alongside motorcycles and pedestrians down narrow alleyways.

Yanick Folly (Benin) – Winner
Growing day by day, our world is always moving. Just see the big vibrant Benin market. #SustainableCities

The photo is also a reminder that cities are made of people. Any set of solutions for “sustainable cities” will have to make sense to a city’s inhabitants, who tread its streets daily.
 
In other photos, the aspiration is palpable. 

Many of the photographers are nationals of developing countries from all over the world. Yet quite a few of them shared photos of cities we regard as environmentally friendly: Singapore, Amsterdam, London, and Paris... We saw many photos of parks in developed countries, and heard the same message: These green spaces and pedestrian walkways are what we want in a city.
 
Adedapo Adesemowo (UK / Nigeria)

From a waste dumping ground for oil, tar, arsenic, and lead to an Olympic park. #SustainableCities
Many photos also reflect the vast difference between the aspirational city, and what most people actually live with.
 
We received photos of what many of us may categorize as rural areas, but we should reconsider these preconceptions: some “cities” in developing countries are little more than makeshift towns.
 
So, it is all the more reason why we are excited about this winning photo by Oyewolo Eyitayo from Nigeria. You might think this is an uneventful photograph of a typical urban suburb. Except that the half dirt roads are lined with solar panels.
 
Oyelowo Eyitayo (Nigeria) – Winner
Going solar is a simple & impactful #climateaction that can help combat climate change. #SustainableCities

Why sustainable mobility matters

Hartwig Schafer's picture
Photo: Mariana Gil/WRI
In the 1960s, the vision of future mobility was people with jet packs and flying cars – we believed these innovations wouldn’t be far off after the moon landing in 1969. Obviously, the reality in 2017 is somewhat different.

Today, we have congestion in cities, rural areas cut off from the rest of the world, and too many people without access to safe, efficient, and green transport. This stifles markets and hinders people from the jobs that will help them escape poverty. Without access to sustainable mobility, it will be much harder—if not impossible— to end poverty and achieve the Sustainable Development Goals (SDGs).

And perhaps the most tragic reality is this: that approximately 1.3 million people die each year in traffic-related incidents. Young people, those between the ages of 15-29, are the most affected by road crashes. This heartbreaking and preventable loss of life should be a clear signal that road safety matters.

At the same time, how we change transport is vitally important and will impact generations to come.

Sustainable mobility: Who's who and who does what?

Shokraneh Minovi's picture


Some might call it an existential question. Some may be surprised that the answer is not clear. When it comes to sustainable mobility initiatives and stakeholders, who is who, and who does what? Addressing these questions is a key pre-requisite to the transformation of the transport sector and the realization of the Sustainable Development Goals.

The SDGs, the Global Decade of Action for Road Safety, the Nationally Determined Contributions (NDCs), the Vienna Programme of Action for Landlocked Developing Countries, over 100 different organizations and initiatives… It’s enough to make your head spin! As the world increasingly recognizes the importance of mobility to the overall sustainable development agenda, the number of stakeholders in this arena has been growing steadily. Although many established groups have been warning us for years about the role of transport in the fight against climate change—the sector accounts for some 23% of all energy-related greenhouse gas emissions—many newer players are now adding their voice to the global conversation.

From public transport agencies to car companies and ride-sharing platforms, clean fuel advocates, maritime transport groups, and electric vehicle proponents, a dizzying array of sector-specific initiatives have emerged over the last few years. Newer city-specific coalitions, such as the C40 Cities Climate Leadership Group and the Compact of Mayors, have played a critical role in relaying these concerns at the local level. However, global initiatives have been the ones that have seen the most impressive growth. Also in the mix are globally minded, from UN entities to smaller NGOS, as well as region-specific organizations such as regional development banks.

What’s the solution to untangling this web of stakeholders? Over the past six months, the World Bank, with support from the World Economic Forum, has mapped out major transport initiatives and organizations as comprehensively and systematically as possible.

Are you reaping the full benefits of the technology revolution?

Sara Sultan's picture

 
About 17 years ago, I began preparations for applying to colleges in America. One of the prerequisites to qualify for an undergraduate program was the Test of English as a Foreign Language (TOEFL), administered at testing centers around the world. I vividly remember calling the number given to see how I faired in the test, standing at an international call center booth on a sunny afternoon in Islamabad, Pakistan, my heart beating fast with anticipation. The call cost Rs.100/minute at the time ($1.05/min at the current rate). But despite the expensive price tag, the service delivered information I desperately needed.

Fast forward to the age of Google Voice, WhatsApp, Viber… You’ll agree that technology has not only advanced but services have become cheaper as well. Technology is entrenched in our everyday tasks—from communication to financial transactions, from expanding education to building resilience to natural disasters, and from informing transport planning to expanding energy to the unserved.

So, ask yourself: am I—a student, teacher, business owner, or a local government representative—reaping the full benefits of the greatest information and communication revolution in human history? With more than 40% of the world’s population with access to the internet and new users coming online every day, how can I help turn digital technologies into a development game changer? And how can the world close the global digital divide to make sure technology leaves no one behind?

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