A ‘New Deal’ Dream For Development Cooperation

By Richard Johnson | IDN-InDepth NewsAnalysis

GENEVA (IDN) – “What does it mean to live on US$1.25 a day?” asks GCAP’s Michael Switow, and points to photographer Stefen Chow and economist Lin Hui-Yi’s interesting approach to answering this question. In their photo essay they shows how much food an individual at the poverty line can buy. In Brazil, for example, where the poverty line is US$1.23/day, someone could buy one pineapple. In Switzerland, the poverty line is much higher at more than US$10 per day, but this still only buys two sausages or one bunch of romaine lettuce.

Global Accord Necessary For Future Development

By Antonia Sohns* | IDN-InDepth NewsAnalysis

WASHINGTON (IDN) – In October, Christiana Figueres, the head of the United Nations body tasked with producing a global climate treaty gave an impassioned speech during which she stated that future generations are being condemned by the lack of a global agreement. Political action is required to rectify the existing prejudice of development in favor of current generations, with disregard for the future. Intergenerational justice may be improved and sustainable development enhanced, by investing in youth and in using financial incentives to deter unsustainable practices.

A recent study on Intergenerational Justice in Aging Societies by the Bertelsmann Foundation’s Sustainable Governance Indicators (SGI) project examines the ecological footprint of 29 OECD countries.

Austerity Generates Gigantic Costs

By Jutta Wolf | IDN-InDepth NewsAnalysis

BERLIN (IDN) – Austerity policies in several countries around the world are denying work to millions of people and leaving vast production opportunities unused, says a new study by the German-based World Future Council (WFC), which places the value of lost production at 2.3 trillion U.S. dollars annually. This corresponds to Britain’s gross domestic product. Losses in the 18-nation Eurozone triggered by public austerity alone are estimated at a minimum of 580 billion Euros each year.

NATO Interests Colombia

By Peter Tase* | IDN-InDepth NewsAnalysis

MILWAUKEE, Wisconsin (IDN) – Over the last two years, the Colombian government has given high priority to diplomatic efforts meant to shore up its immediate security situation, actively pursuing bilateral, trilateral and multilateral agreements with various governments in the region and beyond.

Colombia occupies a strategic position in the western hemisphere: it has a large territory connecting North America with the South, and it has enormous shores on both the Atlantic and Pacific coasts. This geostrategic advantage allows Colombia to act as a gate of entry for South America, and its network of sea ports processes a large volume of commodities and other shipments coming in and out of the United States and Europe on a daily basis.

Middle East: Obama Between Rapprochement and Resignation

By Anthony Rusonik* | IDN-InDepth NewsEssay

TORONTO (IDN | Geopolitical Monior) – US President Barack Obama’s foreign policy driver, at times fuzzy, appears in sharper focus as the president confronts the challenges of his second term.

What began in 2009 as global rapprochement and retrenchment grounded in realpolitik, in stark contrast to President George Bush’s over-extended messianic interventionism, now seems to have mutated into resignation, or at least hesitation and indecision. If the United States is not resigned under Obama, friends and foes alike can be forgiven for thinking otherwise.

Local Knowledge Vital For Global Experts

By Pranab Bardhan* | IDN-InDepth NewsAnalysis

BERKELEY (IDN |Yale Global) – For quite some time the economic development profession has gone global in a rather grandiose way. Those quick with pronouncements on global development issues get the maximum attention, rise to the top of the profession, and may even get to hobnob with international celebrities and philanthro-capitalists.

The premium has been on finding global patterns in fighting poverty – in promoting comprehensive development strategies meant for a broad range of countries, with the Washington Consensus or alternatively the so-called Beijing Consensus – and pronouncing overarching policy judgments on the hot issues of the day on a global scale, including austerity or stimulus, free trade, capital flows, global inequality, migration, intellectual property rights, the development NGO movement and the like.

‘We Can, And Must, End Poverty’

By Erik Solheim* | IDN-InDepth NewsDocument

While the international community has learned much about what works in terms of reducing poverty, and the world is on track to achieve the Millennium Development Goal (MDG) target of halving the proportion of people whose income is less than USD 1.25 a day, it is far from achieving the overarching MDG goal of eradicating extreme poverty. Subsequently, “getting to zero” remains a challenge in the face of the intractable difficulties of reaching those mired in extreme poverty, says the OECD Development Co-operation Report (DCR) 2013, which explores what needs to be done to achieve rapid and sustainable progress in the global fight to reduce poverty. But Erik Solheim, a former Norwegian Minister of International Development, and current Chair of the OECD Development Assistance Committee, insists in an Editorial to the Report that ‘We Can, And Must, End Poverty’.

South Korea Hosts The Green Climate Fund

By Jutta Wolf | IDN-InDepth NewsAnalysis

BONN (IDN) – A huge amount of some 5.7 trillion US dollar – 5,700,000,000,000 – is required yearly to build a green infrastructure by 2020 in order to limit global temperature rise to 2 degrees C, a new report by the World Economic Forum (WEF) estimates.

Developing countries in particular are in pressing need of adequate funds to limit or reduce their greenhouse gas emissions and adapt to the impacts of climate change. The Green Climate Fund (GCF) plays an important role in providing the necessary funding. Continued warming from the release of greenhouse gases (GHGs) into the atmosphere is projected to have substantial adverse impacts on the environment, human health and the economy.

Warsaw UN Climate Meet Bears Promising Fruit

By Martin Khor* | IDN-InDepth NewsAnalysis

GENEVA (IDN | South Centre) – The UN Climate Conference held in Warsaw has set up a new international mechanism to help developing countries affected by loss and damage from climate change, such as the Philippines typhoon.

The setting up of a loss and damage international mechanism was the major achievement of the 19th Conference of Parties of the UNFCCC (COP19) that ended on November 23, a full day after its scheduled conclusion.

Beware Of Persistent Coal Use

By Jaya Ramachandran & Anna Rutkowski
IDN-InDepth NewsAnalysis

BERLIN | WARSAW (IDN) – Coal currently provides 40 percent of the world’s electricity and has been the fastest-growing global energy source since the year 2000, reports the International Energy Agency (IEA). Its most recent World Energy Outlook finds that while renewables and natural gas generation will grow rapidly, coal is still projected to be the dominant source of electricity through 2035.

As the UN climate change conference COP 19 entered second week on November 18, Greenpeace unfurled a banner on the front of Poland’s Ministry of Economy, protesting against the World Coal Association’s International Coal and Climate Summit taking place inside. The banner read: “Who Rules Poland? Coal Industry or the People?”

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