environment

VNR report analysis focusing on LNOB, inequality, pandemic preparedness, gender inequality, environment

A series of environmental, economic and social crises that overwhelm the capacity of states and communities to respond, adapt and rejuvenate.

The Sustainable Deve­lop­ment Goals (SDGs) have registered some progress since their adoption in 2015. However, gathering storms of weakening global economic growth, rising income inequality, unabated global warming and climate change, and escalating conflict are impeding SDG implementation. The tailwinds of rapid technological advances, on the other hand, offer best hope for accelerating SDG progress.

The severity of plastic pollution is now well-recognized, and countries and communities are looking for innovative solutions for addressing this menace of the modern age.

CO2 emissions expected to reach an historical high in 2018 The low cost of coal relative to alternative energy sources is slowing progress towards energy transition in many regions Phasing out coal use requires a reliable and stable alternative energy supply, plus support to the economic and employment transition in regions dependent on coal production

Rising levels of public debt fueling fiscal sustainability concerns in many developing countries Several countries highly vulnerable to a sharp increase in government interest burden in the event of a financial shock High debt service obligations limit the availability of resources to pursue development objectives

Global growth expected to reach 3.2 per cent in 2018 and 2019 Key downside risks to the global economy include rising trade tensions, elevated debt and uncertainty over monetary policy adjustments in the developed countries Recent strengthening of economic growth carries environmental costs

Access to knowledge and technology have contributed to solutions for environmental, social, and economic problems. From opening new options for renewable energy, to revolutionizing the delivery of government services, improving health care, and creating new jobs, technology impacts almost everyone’s lives.

Among the many issues touched upon were inequality and the economics of innovation and technology change; fostering broader private sector engagement in sustainable investment; and aligning educational priorities with the changing nature of work.