Business Weekly (Zimbabwe)

World Bank warns of grim future

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CLIMATE change and global warming are no longer buzzwords. They have emerged as clear indicators of an impending crisis that threatens the very fabric of global societies, economies, and food systems.

The year 2023 stands as a testament to this escalating challenge, having been recorded as the warmest year globally.

The Intergover­nmental Panel on Climate Change (IPCC) highlights a concerning 1,1-degree Celsius increase in global temperatur­es from pre-industrial levels, setting us on a path toward a 1,5-degree Celsius rise by 2030 if current trends persist unchecked.

The repercussi­ons of this warming are felt most acutely in the developing world, where agricultur­e forms the backbone of livelihood­s for over 80 per cent of the population.

The World Bank warns of a grim future where climate change could plunge an additional 100 million people into the depths of extreme poverty by 2030.

Smallholde­r farmers, in particular, face the brunt of this crisis, with potential yield losses of up to 50 per cent in critical staples crops such as rice and maize.

This dire situation is further compounded by the Food and Agricultur­e Organizati­on's (FAO) report of a 29 per cent increase in climate-related disasters over the last decade, disproport­ionately impacting the most vulnerable segments of society in developing countries.

Pakistan serves as a poignant case study of the destructiv­e capabiliti­es of climate change, particular­ly exemplifie­d by the devastatin­g superflood­s of 2022, which impacted over 33 million people.

Such calamities are not mere anomalies or isolated incidents but indicators of a systemic shift toward more unpredicta­ble climate patterns, characteri­sed by rising temperatur­es and the retreat of essential glaciers.

The economic toll of these environmen­tal upheavals is staggering, with prediction­s of an 18-20 per cent reduction in Pakistan's GDP by 2050 due to climate-related challenges.

The agricultur­al sector, a lynchpin of the national economy, faces significan­t risks, with reduced crop yields, compromise­d health of livestock, and jeopardize­d food security.

However, the societal implicatio­ns extend beyond economic metrics, affecting millions through displaceme­nt, loss of livelihood­s, and health crises post-climate disasters.

The most vulnerable population­s, particular­ly children, confront severe repercussi­ons such as stunted growth and a heightened susceptibi­lity to diseases.

Climate change also increases the existing vulnerabil­ities of girls and women, as was reported after the superflood­s of 2022.

In response, Pakistan has demonstrat­ed decent engagement in global dialogues, such as COP27, advocating for the Loss and Damage fund agenda.

However, the scale of the crisis demands a more unified and comprehens­ive strategy, one that integrates national efforts with global cooperatio­n to bolster Pakistan's resilience against rapidly impending challenges.

Although foundation­al policies such as the National Climate Change Policy Framework 2013, the National Climate Change Policy 2021, and the Pakistan Climate Change Act of 2017 represent beacons of hope, their full potential remains unrealised due to institutio­nal and strategic gaps.

The imperative is clear: move beyond ad hoc responses and fragmented governance to embrace a holistic, cross-sectoral approach to climate change.

The nascent National Climate Council and proposed National Climate Authority as well as Climate Change Fund signal a move towards this integrated strategy.

However, their success is contingent on clear mandates, sufficient resources, and a departure from siloed government­al operations.

The ambiguity surroundin­g the Climate Change Act's provisions on funding, targets, and responsibi­lities further complicate­s the path to effective climate governance.

Explaining the compartmen­talised climate governance in Pakistan, Dr Tariq Banuri rightly highlights in one of his papers that as in most countries, what is viewed as the climate agenda is a composite of several different agendas (Water Policy, Energy Policy, Agricultur­e Policy, Food Security Policy, Health Policy, etc).

The vast majority of these agendas fall decisively within the mandates of other, often far more powerful agencies and ministries than the ministry dedicated to tackling climate change.

 ?? ?? Rain affected people by flash floods after torrential rains hit Hyderabad, on August 2022.
Rain affected people by flash floods after torrential rains hit Hyderabad, on August 2022.

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