Development in a Changing Climate

1. Development in a Changing Climate World Development Report 2010

2. Why this report? Why now? • Advocacy for development concerns • 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 • Bring together the latest climate research and our wealth of development knowledge • Provide an analytical framework to help answer “how to”

3. A call to action • 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.

4. Actions must be: Immediate and ambitious • The case for (in)action is not about discount rates… • It’s about ethics, inertia and irreversibility • Danger is real – justifying a precautionary approach • 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

5. Actions must be: Smart – not just climate-resilient • Integrated approach to development, adaptation and mitigation • Competing demands for land, water, energy • AAA solutions • Adequate – to protect us from run-away climate change • Achievable – technical feasibility • Acceptable – efficient, cost effective and equitable • Opportunities • How to seize them in the changing competitive landscape

6. Actions must be: Broad-based • 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 Source: Nordhaus, 2008

7. 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

8. Consultations & Communication • Early start on extensive consultations: • 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 • Ambitious, so partnerships essential: • 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: • Blog; essay and art competition; film and documentary • Particular effort to target children and young adults

9. “With our helpful hands we can do many useful things” Soo Min Shin, 8 years old, Thailand