In the second of a series of interviews on issues relating to the Sustainable Development Goals (SDGs), IIED chief economist Paul Steele says the SDGs recognise the crucial challenge of achieving zero poverty and zero net emissions.
The world's chances of achieving new international development goals will be slim without more ambitious action to curb climate change, researchers say.
Pakistan, for example, is unlikely to be able to end poverty by 2030 if accelerating climate change brings worse weather disasters, water scarcity and other problems, a new report from the UK-based Climate and Development Knowledge Network said.
By 2050, 3 billion people – a full two-thirds of all Asians – will live in cities, attracted by the prospect of higher earning jobs and a better future for their families. Cities already provide more than 80% of the region’s gross domestic product and this is set to grow. Fast-paced urbanisation has been instrumental to Asia’s swift economic growth and sharp drop in poverty in recent decades, but it has also brought huge challenges.
The purpose of this paper is to illustrate how investment towards low-carbon development could be materialized in Asia. A thorough review of current financial assistance for developing countries in Asia was conducted, and the amount of funding proved to be relatively modest to achieve the aim.
A new publication, Financial Inclusion in Africa, released on Monday, December 9 by the Complex of the Chief Economist of the African Development Bank (AfDB) finds that for sustained and inclusive development to thrive, a great deal of innovation is needed to ensure that appropriate financial services and instruments are put in place for the benefit of the poor and other vulnerable groups in Africa.