At a time when the World Bank is poised to increase its investment in fragile and conflict states, and return to its bad old ways of lending to mega-projects like big dams and infrastructure, strong safeguards to ensure the poorest and most vulnerable don't pay the price are more important than ever.
Why should it be left to governments and airlines with skin in the game to decide whether to issue flight restrictions or comply with warnings? What is needed is an international governing body charged with enforcing air corridor restrictions or closures, rather than merely issuing protocols and alerts.
WASHINGTON -- In just six weeks, world leaders will meet in Paris to negotiate a new global climate change agreement. To date, some 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon dioxide emissions that are now driving global warming.
Western political and economic structures are, in some ways, specifically designed to resist deep and rapid change, if only to prevent temporary and reversible fluctuations from having an undue influence on underlying systems. This works well when politics and economies are operating in cyclical mode, as they usually have been in the West. But when major structural and secular challenges arise, as is the case today, the advanced countries' institutional architecture acts as a major obstacle to effective action.
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.