New Course set by World Bank to deal with Climate Challenges

As we all know that the world is suffering from severe global warming issues. Unpredictable weather and environmental changes have urged the mankind to sit on a table and think about it. Severe climate changes are the main cause of frequent earthquakes and floods in the area where there was no chance of such things. The climate change has imposed a great on several things as well such as the human health, coastline, and water resources.

Such climate changes pose a great impact on the development process. According to a survey, it has been in the news that around 9 billion people have to feed and a lot of housing schemes for their living by 2050. For that purpose, though, there has to be affordable energy as well and has to bring down the gas emission level to low as possible to make the environment clean, tidy and livable. On the other hand, there are lots of challenges as well for everyone to sustain for long on this planet. Such as the natural disasters, frequent sea level rise and water & food shortage threat.

States are now moving with cumulative perseverance to develop more bearable energy and transportation systems, strengthening the resilience of their cities, prepare people for any kind of circumstances, and substructure for climate tremors to come. Climate challenges are creating a huge hurdle in the development process which causes a demolition in the banking, finance, construction and many others. To deal with such challenges, World Bank group has set up a new course which consists some rock solid steps for the countries to play their role in dealing with the environmental challenges. These concrete solid steps will help the countries to achieve the ambitious target till 2020 in high impact areas. Such as the formation of clean energy, green transport, smart and healthy climate, urban resilience and the convincing process of the private sector to invest in climate developing projects.

CLIMATE CHANGE ACTION PLAN

Climate change action plan has been established due to the following threatens which have occurred due to environmental changes…

  • Public health
  • Coastline
  • Cities
  • Water availability
  • Food Security

ACTIONS TO TAKE TILL 2020 ESTABLISHED BY WORLD BANK GROUP

 

30 GIGAWATTS OF NEW RENEWABLE ENERGY

Take a bold step in establishing such resources which cause to produce the new and renewable energy no matter in what form it is. This is included in the action to facilitate a maximum number of people with electricity and to fulfill their other needs. Energy is a 24-hour requirement in every area such as the banking and finance.

MOBILIZE $25 BILLION IN PRIVATE FINANCING FOR CLEAN ENERGY

The main purpose of such actions is to make the environment clean and tidy. For that purpose, the energy formation methods have to be assembled and should take possible steps and invest maximum in the formation of clean energy for having a better future for your next gens.

QUADRUPLE FUNDING FOR CLIMATE RESILIENT TRANSPORT

Invest as much as you can in the provision of environment-friendly transport. This will help you to increase your economy by investing and one’s banking, finance areas will grow up rapidly within no time.

BRING EARLY WARNING SYSTEMS

Deployment of warning systems which should be capable of cautioning people of range 100 million to get to a safer place to deal with a natural disaster.

ADAPTIVE SOCIAL PROTECTION

Motivate and educate people about the realities and start the process of climate cleaning from a scratch. A number of people joins to make a community and communities can play a vital role in saving the environment.

HELP COUNTRIES IN MAKING OF POLICIES AND PLANNING

Countries should bring such thing into their plans and policies that they are part of this beautiful world and they also have to play their part on their end. So they should develop such policies which impact positively in the climate change of the area where they lie.

 

There are other action plans as well which are as follow:

  • Step up and help countries & companies to stop carbon pollution.
  • Integrate climate into urban planning over “Global Platform for defensible Cities”.
  • IFC will lead on leveraging $13 Billion a year in the private sector.
  • Develop Climate friendly agricultural investment plan for minimum 40 countries.
  • Boost assistance for sustainable forest and fisheries management.

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