SlideShare a Scribd company logo
Climate change and development:
a tale of two crises
Sussex Development Lecture
February 2019
Peter Newell
P.J.Newell@sussex.ac.uk
Climate change and development:
a tale of two crises
Sussex Development Lecture
February 2019
Peter Newell
P.J.Newell@sussex.ac.uk
Crisis, what crisis?
The emissions gap
• Global greenhouse gas emissions must peak by 2020 and the gap
must be closed by 2030.
• If the emissions gap is not closed by 2030, all hope of 1.5 degrees
is lost & it is very plausible that the goal of a well-below 2°C
temperature increase is also out of reach
• Pathways reflecting current NDCs imply global warming of about
3°C by 2100, with warming continuing afterwards.
• 80- 90% of coal reserves worldwide will need to remain in the
ground, if climate targets are to be reached & approximately 35%
for oil reserves and 50% for gas reserves
• Even assuming all countries fulfill their pledges, it would account
for only about a third of the needed emission reductions to get to
2°C.
IPCC SR15
The Production of Climate
Change
The industrial revolution & fossil capital
Anthropocene / capitalocene
The Great Acceleration
Changing Geography of Global Emissions
Global GHG emissions: % v per capita
Overshooting other planetary boundaries
Managing Climate Change:
Trasformismo or transformation?
Business as usual
• Multilateral development banks provided over $9 billion in
public finance for fossil fuel projects in 2016 – with the vast
majority of transactions approved after the Paris Agreement
was reached.
• Clean energy still made up less than a third of multilateral
development bank energy finance in 2016.
• Total MDB finance for oil and gas exploration more than
doubled from 2015 to 2016, from $1.05 billion to $2.15
billion.
• The World Bank Group, European Investment Bank, and
Asian Development Bank were the largest financiers of fossil
fuels in 2016.
Source: Oil Change International Cross Purposes: After Paris,
Multilateral Development Banks Still Funding Billions in Fossil
Fuels 2017.
New wine in old bottles: The case of climate-smart agriculture
Agribusiness corporations that promote
synthetic fertilisers, industrial meat
production and large-scale industrial
agriculture – all of which are widely
recognised as contributing to
climate change and undermining the
resilience of farming systems – can and do
call themselves ‘Climate Smart’. (Climate
Smart Agriculture Concerns 2015)
Managing contradictions: Green growth
Moving beyond crisis
Development as (un)usual
Capillaries of fossil fuel power
From reducing emissions & trading- to leaving it in the ground
Contraction and convergence
Final word
“We can't solve problems by using the same kind of
thinking we used when we created them”.
Albert Einstein
Stories of positive change
https://www.rapidtransition.org/
Peter Newell
P.J.Newell@sussex.ac.uk

More Related Content

What's hot

Global Warming Poster Presentation
Global Warming Poster PresentationGlobal Warming Poster Presentation
Global Warming Poster Presentation
Rihab Rahman
 
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
Dr. Carsten Weerth BSc (University of Glasgow) LLM MA
 
Paris agreement
Paris agreementParis agreement
Paris agreementakshth
 
SBSTA - IPCC Special Event - Understanding global warming of 1.5°C
SBSTA - IPCC Special Event - Understanding global warming of 1.5°CSBSTA - IPCC Special Event - Understanding global warming of 1.5°C
SBSTA - IPCC Special Event - Understanding global warming of 1.5°C
ipcc-media
 
soniahamel
soniahamel soniahamel
soniahamel
GWT
 
Global Energy Transition(s)
Global Energy Transition(s)Global Energy Transition(s)
Global Energy Transition(s)
Glen Peters
 
Global warming - Why Is This Happening
Global warming - Why Is This HappeningGlobal warming - Why Is This Happening
Global warming - Why Is This Happening
Genesh Kuriakose
 
Global Carbon Budget 2017 (press conference)
Global Carbon Budget 2017 (press conference)Global Carbon Budget 2017 (press conference)
Global Carbon Budget 2017 (press conference)
Glen Peters
 
If 2.5°C is easy, why is 2°C hard?
If 2.5°C is easy, why is 2°C hard?If 2.5°C is easy, why is 2°C hard?
If 2.5°C is easy, why is 2°C hard?
Glen Peters
 
China's future emission pathway
China's future emission pathwayChina's future emission pathway
China's future emission pathway
Glen Peters
 
Climate impacts and associated risks on natural and human systems in Africa
Climate impacts and associated risks on natural and human systems in AfricaClimate impacts and associated risks on natural and human systems in Africa
Climate impacts and associated risks on natural and human systems in Africa
ipcc-media
 
How Taiwan contributes to Global Warming
How Taiwan contributes to Global WarmingHow Taiwan contributes to Global Warming
How Taiwan contributes to Global WarmingAiden Yeh
 
Pollution Geo
Pollution GeoPollution Geo
Pollution Geo
guest74ff36
 
Transformational ownership presentation
Transformational ownership presentationTransformational ownership presentation
Transformational ownership presentation
DavidKo66
 
Scenarios assessed by the IPCC
Scenarios assessed by the IPCCScenarios assessed by the IPCC
Scenarios assessed by the IPCC
Glen Peters
 

What's hot (17)

Global Warming Poster Presentation
Global Warming Poster PresentationGlobal Warming Poster Presentation
Global Warming Poster Presentation
 
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
The World Bank: Turn Down the Heat - Why a 4 Degrees Celsius Warmer World Mus...
 
Paris agreement
Paris agreementParis agreement
Paris agreement
 
GlobalWarningpw
GlobalWarningpwGlobalWarningpw
GlobalWarningpw
 
SBSTA - IPCC Special Event - Understanding global warming of 1.5°C
SBSTA - IPCC Special Event - Understanding global warming of 1.5°CSBSTA - IPCC Special Event - Understanding global warming of 1.5°C
SBSTA - IPCC Special Event - Understanding global warming of 1.5°C
 
soniahamel
soniahamel soniahamel
soniahamel
 
Global Energy Transition(s)
Global Energy Transition(s)Global Energy Transition(s)
Global Energy Transition(s)
 
Global warming - Why Is This Happening
Global warming - Why Is This HappeningGlobal warming - Why Is This Happening
Global warming - Why Is This Happening
 
Global Carbon Budget 2017 (press conference)
Global Carbon Budget 2017 (press conference)Global Carbon Budget 2017 (press conference)
Global Carbon Budget 2017 (press conference)
 
If 2.5°C is easy, why is 2°C hard?
If 2.5°C is easy, why is 2°C hard?If 2.5°C is easy, why is 2°C hard?
If 2.5°C is easy, why is 2°C hard?
 
China's future emission pathway
China's future emission pathwayChina's future emission pathway
China's future emission pathway
 
Climate impacts and associated risks on natural and human systems in Africa
Climate impacts and associated risks on natural and human systems in AfricaClimate impacts and associated risks on natural and human systems in Africa
Climate impacts and associated risks on natural and human systems in Africa
 
How Taiwan contributes to Global Warming
How Taiwan contributes to Global WarmingHow Taiwan contributes to Global Warming
How Taiwan contributes to Global Warming
 
Pollution Geo
Pollution GeoPollution Geo
Pollution Geo
 
Transformational ownership presentation
Transformational ownership presentationTransformational ownership presentation
Transformational ownership presentation
 
Scenarios assessed by the IPCC
Scenarios assessed by the IPCCScenarios assessed by the IPCC
Scenarios assessed by the IPCC
 
Global warming
Global warmingGlobal warming
Global warming
 

Similar to Climate and development: A tale of two crises

COP26-Explained.pdf
COP26-Explained.pdfCOP26-Explained.pdf
COP26-Explained.pdf
govind37860
 
World Economic Forum: The net-zero challenge (climate change/ emission gap re...
World Economic Forum: The net-zero challenge (climate change/ emission gap re...World Economic Forum: The net-zero challenge (climate change/ emission gap re...
World Economic Forum: The net-zero challenge (climate change/ emission gap re...
Energy for One World
 
19 08-2021
19 08-202119 08-2021
19 08-2021
IAS Next
 
Global Green New Deal Policy Brief
Global Green New Deal Policy BriefGlobal Green New Deal Policy Brief
Global Green New Deal Policy BriefAndy Dabydeen
 
The Science of Climate Change in the Caribbean: Mitigation of Climate Change
The Science of Climate Change in the Caribbean: Mitigation of Climate ChangeThe Science of Climate Change in the Caribbean: Mitigation of Climate Change
The Science of Climate Change in the Caribbean: Mitigation of Climate Change
ipcc-media
 
Climate change and economic growth.pptx
Climate change and economic growth.pptxClimate change and economic growth.pptx
Climate change and economic growth.pptx
Govt.college,Nagda, ujjain.M.P
 
Introduction to Environment & Sustainability
Introduction to Environment & SustainabilityIntroduction to Environment & Sustainability
Introduction to Environment & Sustainability
Isha Chaudhary
 
Avoiding a Paris Hangover Down Under
Avoiding a Paris Hangover Down UnderAvoiding a Paris Hangover Down Under
Avoiding a Paris Hangover Down Under
David Tong
 
Sn Climate Equity Sa Media Aug 09
Sn Climate Equity Sa Media Aug 09Sn Climate Equity Sa Media Aug 09
Sn Climate Equity Sa Media Aug 09
equitywatch
 
Understanding the climate change and sustainable development
Understanding the climate change and sustainable developmentUnderstanding the climate change and sustainable development
Understanding the climate change and sustainable development
RuwanNishanthaGamage
 
Humpty Dumpty Institute Speech 02 Dec2016 Linkedin
Humpty Dumpty Institute Speech 02 Dec2016 LinkedinHumpty Dumpty Institute Speech 02 Dec2016 Linkedin
Humpty Dumpty Institute Speech 02 Dec2016 LinkedinOdo Tevi
 
UNFCCC
UNFCCCUNFCCC
UNFCCC
Shivam Sood
 
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
OECD Environment
 
María Mendiluce - La transición energética en Europa y el cambio climático
María Mendiluce - La transición energética en Europa y el cambio climáticoMaría Mendiluce - La transición energética en Europa y el cambio climático
María Mendiluce - La transición energética en Europa y el cambio climáticoFundación Ramón Areces
 
WWF: Policy Expectations for COP 19 Warsaw
WWF: Policy Expectations for COP 19 WarsawWWF: Policy Expectations for COP 19 Warsaw
WWF: Policy Expectations for COP 19 Warsaw
WWF ITALIA
 
Climate change 2-3-21.pptx
Climate change 2-3-21.pptxClimate change 2-3-21.pptx
Climate change 2-3-21.pptx
Govt.college,Nagda, ujjain.M.P
 
Global Carbon Budget 2017 (Tekna presentation)
Global Carbon Budget 2017 (Tekna presentation)Global Carbon Budget 2017 (Tekna presentation)
Global Carbon Budget 2017 (Tekna presentation)
Glen Peters
 
Fuelling the energy debate
Fuelling the energy debateFuelling the energy debate
Fuelling the energy debate
Diana Kool
 
Eu contribution to climate change
Eu contribution to climate changeEu contribution to climate change
Eu contribution to climate change
DahabElkindi
 

Similar to Climate and development: A tale of two crises (20)

COP26-Explained.pdf
COP26-Explained.pdfCOP26-Explained.pdf
COP26-Explained.pdf
 
World Economic Forum: The net-zero challenge (climate change/ emission gap re...
World Economic Forum: The net-zero challenge (climate change/ emission gap re...World Economic Forum: The net-zero challenge (climate change/ emission gap re...
World Economic Forum: The net-zero challenge (climate change/ emission gap re...
 
19 08-2021
19 08-202119 08-2021
19 08-2021
 
Global Green New Deal Policy Brief
Global Green New Deal Policy BriefGlobal Green New Deal Policy Brief
Global Green New Deal Policy Brief
 
The Science of Climate Change in the Caribbean: Mitigation of Climate Change
The Science of Climate Change in the Caribbean: Mitigation of Climate ChangeThe Science of Climate Change in the Caribbean: Mitigation of Climate Change
The Science of Climate Change in the Caribbean: Mitigation of Climate Change
 
Climate change and economic growth.pptx
Climate change and economic growth.pptxClimate change and economic growth.pptx
Climate change and economic growth.pptx
 
Introduction to Environment & Sustainability
Introduction to Environment & SustainabilityIntroduction to Environment & Sustainability
Introduction to Environment & Sustainability
 
Avoiding a Paris Hangover Down Under
Avoiding a Paris Hangover Down UnderAvoiding a Paris Hangover Down Under
Avoiding a Paris Hangover Down Under
 
Sn Climate Equity Sa Media Aug 09
Sn Climate Equity Sa Media Aug 09Sn Climate Equity Sa Media Aug 09
Sn Climate Equity Sa Media Aug 09
 
Understanding the climate change and sustainable development
Understanding the climate change and sustainable developmentUnderstanding the climate change and sustainable development
Understanding the climate change and sustainable development
 
Humpty Dumpty Institute Speech 02 Dec2016 Linkedin
Humpty Dumpty Institute Speech 02 Dec2016 LinkedinHumpty Dumpty Institute Speech 02 Dec2016 Linkedin
Humpty Dumpty Institute Speech 02 Dec2016 Linkedin
 
UNFCCC
UNFCCCUNFCCC
UNFCCC
 
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
ENV GLOBAL FORUM OCT 2016 - Session 3 - Sir David King
 
María Mendiluce - La transición energética en Europa y el cambio climático
María Mendiluce - La transición energética en Europa y el cambio climáticoMaría Mendiluce - La transición energética en Europa y el cambio climático
María Mendiluce - La transición energética en Europa y el cambio climático
 
WWF: Policy Expectations for COP 19 Warsaw
WWF: Policy Expectations for COP 19 WarsawWWF: Policy Expectations for COP 19 Warsaw
WWF: Policy Expectations for COP 19 Warsaw
 
Thesis Paper
Thesis PaperThesis Paper
Thesis Paper
 
Climate change 2-3-21.pptx
Climate change 2-3-21.pptxClimate change 2-3-21.pptx
Climate change 2-3-21.pptx
 
Global Carbon Budget 2017 (Tekna presentation)
Global Carbon Budget 2017 (Tekna presentation)Global Carbon Budget 2017 (Tekna presentation)
Global Carbon Budget 2017 (Tekna presentation)
 
Fuelling the energy debate
Fuelling the energy debateFuelling the energy debate
Fuelling the energy debate
 
Eu contribution to climate change
Eu contribution to climate changeEu contribution to climate change
Eu contribution to climate change
 

More from Institute of Development Studies

Faculty from University of Mosul and University of Dohuk, Iraq, receive awars
Faculty from University of Mosul and University of Dohuk, Iraq, receive awarsFaculty from University of Mosul and University of Dohuk, Iraq, receive awars
Faculty from University of Mosul and University of Dohuk, Iraq, receive awars
Institute of Development Studies
 
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
Institute of Development Studies
 
Sussex Development Lecture - SPRU intro
Sussex Development Lecture - SPRU introSussex Development Lecture - SPRU intro
Sussex Development Lecture - SPRU intro
Institute of Development Studies
 
Sussex Development Lecture - IDS intro
Sussex Development Lecture - IDS introSussex Development Lecture - IDS intro
Sussex Development Lecture - IDS intro
Institute of Development Studies
 
Sussex Development Lecture - Global Studies intro
Sussex Development Lecture - Global Studies introSussex Development Lecture - Global Studies intro
Sussex Development Lecture - Global Studies intro
Institute of Development Studies
 
Sussex Development Lecture - Centre for International Education intro
Sussex Development Lecture - Centre for International Education introSussex Development Lecture - Centre for International Education intro
Sussex Development Lecture - Centre for International Education intro
Institute of Development Studies
 
Advancing the frontiers of transparency and accountability in the extractives...
Advancing the frontiers of transparency and accountability in the extractives...Advancing the frontiers of transparency and accountability in the extractives...
Advancing the frontiers of transparency and accountability in the extractives...
Institute of Development Studies
 
The SDGs: A new politics of transformation?
The SDGs: A new politics of transformation?The SDGs: A new politics of transformation?
The SDGs: A new politics of transformation?
Institute of Development Studies
 
Climate and development: A tale of two crises
Climate and development: A tale of two crisesClimate and development: A tale of two crises
Climate and development: A tale of two crises
Institute of Development Studies
 
How Lives Change: Palanpur, India and Development Economics
How Lives Change: Palanpur, India and Development EconomicsHow Lives Change: Palanpur, India and Development Economics
How Lives Change: Palanpur, India and Development Economics
Institute of Development Studies
 

More from Institute of Development Studies (20)

Faculty from University of Mosul and University of Dohuk, Iraq, receive awars
Faculty from University of Mosul and University of Dohuk, Iraq, receive awarsFaculty from University of Mosul and University of Dohuk, Iraq, receive awars
Faculty from University of Mosul and University of Dohuk, Iraq, receive awars
 
Creid pp
Creid ppCreid pp
Creid pp
 
Red wednesday (6)
Red wednesday (6)Red wednesday (6)
Red wednesday (6)
 
Red wednesday (5)
Red wednesday (5)Red wednesday (5)
Red wednesday (5)
 
Red wednesday (4)
Red wednesday (4)Red wednesday (4)
Red wednesday (4)
 
Red wednesday (2)
Red wednesday (2)Red wednesday (2)
Red wednesday (2)
 
Red wednesday (1)
Red wednesday (1)Red wednesday (1)
Red wednesday (1)
 
Red wednesday (3)
Red wednesday (3)Red wednesday (3)
Red wednesday (3)
 
Red wednesday
Red wednesdayRed wednesday
Red wednesday
 
.
..
.
 
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
@Building Political Support for UN HRC Resolution 16/18, Foreign, Commonwealt...
 
@Gabriel Piętka/MSZ CC BY-NC-ND 2.0 -
@Gabriel Piętka/MSZ CC BY-NC-ND 2.0 - @Gabriel Piętka/MSZ CC BY-NC-ND 2.0 -
@Gabriel Piętka/MSZ CC BY-NC-ND 2.0 -
 
Sussex Development Lecture - SPRU intro
Sussex Development Lecture - SPRU introSussex Development Lecture - SPRU intro
Sussex Development Lecture - SPRU intro
 
Sussex Development Lecture - IDS intro
Sussex Development Lecture - IDS introSussex Development Lecture - IDS intro
Sussex Development Lecture - IDS intro
 
Sussex Development Lecture - Global Studies intro
Sussex Development Lecture - Global Studies introSussex Development Lecture - Global Studies intro
Sussex Development Lecture - Global Studies intro
 
Sussex Development Lecture - Centre for International Education intro
Sussex Development Lecture - Centre for International Education introSussex Development Lecture - Centre for International Education intro
Sussex Development Lecture - Centre for International Education intro
 
Advancing the frontiers of transparency and accountability in the extractives...
Advancing the frontiers of transparency and accountability in the extractives...Advancing the frontiers of transparency and accountability in the extractives...
Advancing the frontiers of transparency and accountability in the extractives...
 
The SDGs: A new politics of transformation?
The SDGs: A new politics of transformation?The SDGs: A new politics of transformation?
The SDGs: A new politics of transformation?
 
Climate and development: A tale of two crises
Climate and development: A tale of two crisesClimate and development: A tale of two crises
Climate and development: A tale of two crises
 
How Lives Change: Palanpur, India and Development Economics
How Lives Change: Palanpur, India and Development EconomicsHow Lives Change: Palanpur, India and Development Economics
How Lives Change: Palanpur, India and Development Economics
 

Recently uploaded

Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...
Sebastiano Panichella
 
María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024
eCommerce Institute
 
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Access Innovations, Inc.
 
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
0x01 - Newton's Third Law:  Static vs. Dynamic Abusers0x01 - Newton's Third Law:  Static vs. Dynamic Abusers
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
OWASP Beja
 
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Sebastiano Panichella
 
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptxsomanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
Howard Spence
 
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXOBitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Matjaž Lipuš
 
Obesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditionsObesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditions
Faculty of Medicine And Health Sciences
 
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Orkestra
 
Getting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control TowerGetting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control Tower
Vladimir Samoylov
 
Acorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutesAcorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutes
IP ServerOne
 
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdfBonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
khadija278284
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
OECD Directorate for Financial and Enterprise Affairs
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
faizulhassanfaiz1670
 
Eureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 PresentationEureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 Presentation
Access Innovations, Inc.
 
International Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software TestingInternational Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software Testing
Sebastiano Panichella
 

Recently uploaded (16)

Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...
 
María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024
 
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
 
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
0x01 - Newton's Third Law:  Static vs. Dynamic Abusers0x01 - Newton's Third Law:  Static vs. Dynamic Abusers
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
 
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
 
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptxsomanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
 
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXOBitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXO
 
Obesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditionsObesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditions
 
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
 
Getting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control TowerGetting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control Tower
 
Acorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutesAcorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutes
 
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdfBonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
 
Eureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 PresentationEureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 Presentation
 
International Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software TestingInternational Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software Testing
 

Climate and development: A tale of two crises

  • 1. Climate change and development: a tale of two crises Sussex Development Lecture February 2019 Peter Newell P.J.Newell@sussex.ac.uk
  • 2. Climate change and development: a tale of two crises Sussex Development Lecture February 2019 Peter Newell P.J.Newell@sussex.ac.uk
  • 4. The emissions gap • Global greenhouse gas emissions must peak by 2020 and the gap must be closed by 2030. • If the emissions gap is not closed by 2030, all hope of 1.5 degrees is lost & it is very plausible that the goal of a well-below 2°C temperature increase is also out of reach • Pathways reflecting current NDCs imply global warming of about 3°C by 2100, with warming continuing afterwards. • 80- 90% of coal reserves worldwide will need to remain in the ground, if climate targets are to be reached & approximately 35% for oil reserves and 50% for gas reserves • Even assuming all countries fulfill their pledges, it would account for only about a third of the needed emission reductions to get to 2°C.
  • 6.
  • 7.
  • 8. The Production of Climate Change
  • 9. The industrial revolution & fossil capital
  • 12. Changing Geography of Global Emissions
  • 13. Global GHG emissions: % v per capita
  • 16. Business as usual • Multilateral development banks provided over $9 billion in public finance for fossil fuel projects in 2016 – with the vast majority of transactions approved after the Paris Agreement was reached. • Clean energy still made up less than a third of multilateral development bank energy finance in 2016. • Total MDB finance for oil and gas exploration more than doubled from 2015 to 2016, from $1.05 billion to $2.15 billion. • The World Bank Group, European Investment Bank, and Asian Development Bank were the largest financiers of fossil fuels in 2016. Source: Oil Change International Cross Purposes: After Paris, Multilateral Development Banks Still Funding Billions in Fossil Fuels 2017.
  • 17. New wine in old bottles: The case of climate-smart agriculture Agribusiness corporations that promote synthetic fertilisers, industrial meat production and large-scale industrial agriculture – all of which are widely recognised as contributing to climate change and undermining the resilience of farming systems – can and do call themselves ‘Climate Smart’. (Climate Smart Agriculture Concerns 2015)
  • 20. Capillaries of fossil fuel power
  • 21.
  • 22. From reducing emissions & trading- to leaving it in the ground
  • 24. Final word “We can't solve problems by using the same kind of thinking we used when we created them”. Albert Einstein
  • 25. Stories of positive change https://www.rapidtransition.org/ Peter Newell P.J.Newell@sussex.ac.uk

Editor's Notes

  1. Despite growing acknowledgement of the climate crisis, we need to unpack the nature of that crisis: For whom is it a crisis? (judging by the lack of action compared with what is required, clearly not everyone sees it is a crisis) What is it a crisis of? What does it represent? (legitimacy crisis for key tenets of development thinking?) For me, CC does suggest the ‘limits of (conventional) development’ as ideology and practice. But it is not just CC that does that. Whole range of issues around inequality and unsustainability of systems of food and agriculture, water and energy to name a few. The dominant economic system is performing poorly on a range of grounds, though its inability to address CC is certainly one of them.
  2. According to the latest UNEP Emissions Gap report
  3. Just reflecting for a moment on what this would mean- especially for least developed countries- should we fail to get the world on a 2 degree, let alone a 1.5 pathway. Clearly – this degree of CC amounts to development in reverse
  4. Given the scale of the challenge, understandably therefore triggered a debate about whether the dominant economic system is fit for purpose in terms of tackling climate change. Naomi Klein suggested in her book ‘This changes everything’. But does it?
  5. It is helpful at this point to return to the origins of the CC problem to understand the links to development and the intertwined histories of these two crises. Understanding where we have come from, why things are the way they are, helps us to assess the prospects of reform or transformation
  6. The origins of the climate crisis- understood as industrial lock- are found in the rapid expansion in the use of fossil fuels at the time of the industrial revolution. But, as Andreas Malm has shown, this was not as conventionally assumed, about coal-fired steam offering a cheaper or more abundant source of energy, but the superior control of labour that it afforded. Allowing capital to concentrate production at the most profitable sites and during the most convenient hours. Not only is this story interesting and important in terms of how lock-in was created, but also in relation to the narrative that has been constructed about how to undo it and create a new (low carbon) industrial revolution by: -creating new sites of accumulation for capital particularly by engaging finance capital -stimulating and accelerating waves of creative destruction -allowing the market to determine which energy sources and technologies should prevail
  7. On one level this is obviously a generic problem of human impact on the climate system. But on another, we can be much more specific. Just 90 companies caused two-thirds of man-made global warming emissions including Chevron, Exxon, Shell and BP according to a study by Richard Heede published in the journal Climatic Change. More worrying still, half of the estimated emissions were produced just in the past 25 years – well past the date when governments and corporations became aware that rising greenhouse gas emissions from the burning of coal and oil were causing dangerous climate change
  8. In so far as the contemporary notion of development was invented (as Escobar and others claim) with President Truman’s declaration in his inaugural address in 1949 that ‘greater production is the key to prosperity and peace’ and to relieving the suffering of those in poverty- coincided with great acceleration. At very moment of its inception, development in reverse was set in train As we can see here…. Fordism, mass consumerism and then globalisation intensified and globalised these modes of extraction and exchange.
  9. Not of course a static picture. With globalisation….seen new geopolitical landscape of emissions
  10. What these national figures disguise are the global inequalities that always bedevil development progress
  11. Again, the problem is not just CC… However contestable the planetary boundaries concept might be, the trends it describes provide warning signs about the unsustainable trajectory of the global economy which You might have thought this would create a crisis of legitimacy and perhaps should trigger reflection and revision to prevailing development orthodoxies. But has it?
  12. CC just latest legitimacy crisis for BW institutions- managed to ride out anti-globalisation movement But proscriptions and orthodoxies increasingly under threat
  13. So where do we go from here?
  14. Not fetishing one agreement or arena Mis-match between this terrain of conflict Climate change Un-burnable carbon Commodification- forests, oceans
  15. After all…..