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Study: Benefits of climate-smart development

Staff writer ▼ | July 11, 2014
Modernizing landfills and cleaning up open dumps have benefits reaching deeper into the national budget that may be evident at first glance, The World Bank said.
Ecology
EcologyModernizing landfills and cleaning up open dumps have benefits reaching deeper into the national budget that may be evident at first glance, The World Bank said.


For a country like Brazil, where waste-to-energy technology is being piloted today, integrated solid waste management practices including building sanitary landfills that capture greenhouse gas emissions to generate electricity can improve human health, add jobs, increase the energy supply, reduce the impact on climate change, and boost national GDP.

A new study looks at a series of climate-smart development project scenarios, including landfills in Brazil, and for the first time on a large scale adds up how government actions can boost economic performance and benefit lives, jobs, crops, energy, and GDP – as well as emissions reductions to combat climate change.

It provides concrete data to help policymakers understand the broader potential of climate-smart development investments.

“Climate change poses a severe risk to global economic stability, but it doesn’t have to be like this,” said World Bank Group President Jim Yong Kim. “At the World Bank Group, we believe it’s possible to reduce emissions and deliver jobs and economic opportunity, while also cutting health care and energy costs. This report provides powerful evidence in support of that view.”


 

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