Ethiopian society, economy and environment are so intimately interlinked that systematic attention is essential if clashes are to be resolved and synergies realised. For example, the majority of poor people are principally dependent on agriculture but, in turn, society is dependent on farmers managing land well to sustain water supplies, biodiversity and other environmental services. Such relationships are dynamic and increasingly intense: climate change, rising population, resource scarcities and price volatilities put them all under pressure. An integrated perspective that works operationally is needed – one that makes economic, social and environmental sense and that inspires stakeholders. The holistic approach that the Ethiopian Government has recently developed aims to tackle the problems inherent in growth paths that produce environmental problems, and to realise potentials from investing in Ethiopia’s natural assets.
Questions about the ultimate size of mineral and energy resource endowments and the degree of fiscal prudence which should be exercised by countries engaged in resource extraction have become central for many developing countries during the recent resource boom. To explore these questions, this paper develops a model of optimal resource extraction and discovery that combines two polar assumptions: (i) that discovering a resource today drives up the cost of future resource discoveries, and (ii) that extracting resources yields knowledge that reduces the cost of discovery.
Although the model shows that resource discoveries should be valued at marginal discovery cost in measures of national saving and income, the ultimate size of the resource that can be exploited is the result of the interplay between rising discovery costs and accumulating knowledge. Empirical tests of the model show that the resulting income estimates would be extremely volatile for many extractive economies, owing to the lumpiness of resource discoveries. Two alternative accounting approaches, based on Hicksian concepts, yield more intuitive and less volatile income estimates.
This report concludes that with the right green investments, Serbia could generate new jobs and significant savings by adopting a green economy approach compared to business-as-usual. This report provides an overview of the country's economic sectors, and focuses on energy and agriculture.
This report focuses on the risks of climate change to development in Sub-Saharan Africa, South East Asia and South Asia. Building on the 2012 report, Turn Down the Heat: Why a 4°C Warmer World Must be Avoided, this new scientific analysis examines the likely impacts of present day, 2°C and 4°C warming on agricultural production, water resources, and coastal vulnerability for affected populations. It finds many significant climate and development impacts are already being felt in some regions, and in some cases multiple threats of increasing extreme heat waves, sea level rise, more severe storms, droughts and floods are expected to have further severe negative implications for the poorest. Climate related extreme events could push households below the poverty trap threshold. High temperature extremes appear likely to affect yields of rice, wheat, maize and other important crops, adversely affecting food security. Promoting economic growth and the eradication of poverty and inequality will thus be an increasingly challenging task under future climate change.
This brief describes several ways that international cooperation can play a critical role in facilitating widespread innovation and implementation of new and appropriate green growth technologies. It outlines six existing institutional structures that have been invoked as possible examples for scaling up to foster green innovation more broadly and suggests several policy recommendations that are feasible in the near term.
In this Issue 4 of A Guidebook to the Green Economy, the focus turns to the various international initiatives that are supporting countries and stakeholders to implement the green economy worldwide by providing a range of services including information exchange, data management, capacity building, finance, and technology services. In doing so, it provides a resource guide to the various existing international green economy platforms, partnerships, programs, funds and other initiatives. The guidebook also aims to map out many of the key actors involved in implementing and supporting the various green economy initiatives, the key services that they provide to countries, and the geographical reach of these initiatives which are now spreading the green economy across the globe. The intent is to provide useful information to practitioners, countries and stakeholders which may assist with coordination and coherence and help countries to find the support that they need. As with the previous UNDESA guidebooks, the review focuses on green economy and the related concepts of green growth and low-carbon development.