How the Greening of the World Bank Affects the Poor
Has the World Bank has upped its game in the recent past in the business of global environmental governance by accepting climate change may be more important to achieving Millennium Development Goals (MDGs)?
To think that there are more complex responses to issues around climate change than attempting to talk to politicians to show more commitment to socio-political strategies that would negate on poverty reduction and environmental stability for all is a step in the right direction.
But the poor of the world remain as vulnerable as ever and the figures keep rising for those in developing countries that have no access to electricity, or to cooking and heating fuels – a challenge that severely hinders economic growth and poverty reduction.
The question, however, remains: how will all this affect the poor, especially in the developing nations? Well, if we sit back and do nothing by burying our heads in the sand pretending nothing is happening, the poorest countries of the world will suffer the earliest and most because of their geographical location, low incomes, and their heavy reliance on climate-sensitive sectors such as agriculture.
