FOR IMMEDIATE RELEASE
Green Economy Transition Promises Multiple Benefits for SmallFeb 26, 2014
Nairobi, 24 February 2014- Creating the enabling conditions for a Green Economy transition in Small Island Developing States (SIDS) from improved public investment to reliable market instruments and better governance will help the estimated 50 million SIDS residents build climate resilience, achieve economic growth and enjoy better standards of living.
The transition will offer opportunities for SIDS to better manage natural capital, protect the environment, create green jobs and achieve sustainable development, according to studies by the United Nations Environment Programme (UNEP).
UN Under-Secretary-General and UNEP Executive Director Achim Steiner said, "For many Small Island Developing States future development is dependent on a very narrow resource base that is constantly challenged by the high-risk impacts of climate change and natural disasters. In our lifetime, there may be small island developing nations that will cease to exist as a result of sea level rise."
"From economic growth to climate change and food security, the issues facing SIDS are multi-dimensional and require integrated action to address them. An inclusive Green Economy approach offers opportunities for SIDS to better manage natural capital, protect the environment, create green jobs and achieve sustainable development. For this end, it is vital that the right enabling conditions are provided to generate and stimulate both public and private sector investments that incorporate broader environmental and social criteria," he added.
ADDRESSING CLIMATE CHANGE VULNERABILITY
SIDS are known to be especially vulnerable to climate change due to their small size, narrow resource base, high susceptibility to natural hazards, low economic resilience, and limited human and technological capacity.
In 2007, the Intergovernmental Panel on Climate Change (IPCC) estimated that global warming will lead to a sea-level rise of 180 to 590 mm by 2100, while more recent research suggests that these estimates are likely to be at least twice as large.
Nations such as Kiribati, Maldives, Marshall Islands and Tuvalu will become uninhabitable in this scenario, while a large share of the population of many other SIDS will be displaced or otherwise adversely impacted.
These negative impacts come even though the combined annual carbon dioxide output of SIDS accounts for less than one per cent of global emissions, meaning they have not contributed significantly to climate change. However, SIDS emissions are on the rise: from 1990 to 2006, CO2 emissions of SIDS increased at an average annual rate of 2.3 per cent.
Adverse impacts on drinking water and agricultural production are expected due to saline intrusion on coastal aquifers and the destruction of coral reefs and fishery habitats from temperature rises and increased ocean acidification.Read more about this here.