“The World Bank has announced plans to fight climate change through a new Climate Change Action Plan that it hopes will see investment in environmental projects reach $29 billion a year by 2020.” So writes CNBC on their website.
“In a statement on Thursday, the Bank said that, in the next five years, it planned to help countries in the developing world add 30 gigawatts of renewable energy to global energy capacity; provide “early warning systems” to 100 million people; and develop “climate-smart agriculture investment plans for at least 40 countries.”
Green energy does need financing–I’m on board with that. But… early warning systems? Considering the pace at which climate changes that seems a bit strange. If it’s conventional early warning for storms, fine–that’s cool.
As for climate smart agriculture investment plans, well, again I’d like to see some specifics.
The World Bank has some more info on their website, although details seem a bit scant. Turns out I worried needlessly–the early warning system is indeed for natural disasters, so good on them!
Regarding agriculture, they say “Priority areas will include the use of climate resilient seeds, high-efficiency irrigation, livestock productivity, and risk management.” Considering the developing world desperately needs all of those even if the climate stays exactly the same as it does today, hooray!
Let’s fix the developing world and say we did it to stop climate change! People are already using the threat of climate change to do any number of strange things–why not something useful?
The World Bank has a track record of ignoring the plight of the developing world in previous endeavors, forcibly relocating indigenous tribes, etc. Here’s a chance for them to get it right.
I hope we all take advantage of this opportunity.