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A notable example how climate change is impacting trade is through the agricultural industry in Indonesia. Rising temperatures, a change in precipitation patterns and increased occurrence of extreme weather events pose a threat to food security and crop yield, thereby impacting the efficiency of transportation systems to import and export goods ...
Since 2004, World Bank assistance has evolved into a more collaborative system of support for a policy agenda with significant domestic control and guidance, better conforming with Indonesia's middle-income country classification. As of March 2017, the Bank's lending portfolio comprised 31 ongoing projects, totaling $7 billion in investment value.
After the 2007 United Nations Climate Change Conference held on the island of Bali in Indonesia in December 2007, the participating nations adopted the Bali Road Map as a two-year process working towards finalizing a binding agreement at the 2009 United Nations Climate Change Conference in Copenhagen, Denmark.
The pandemic caused trade costs to increase at borders, creating barriers on trade to goods and services. According to the World Bank, issues of high fiscal debt, supply chain bottlenecks, the widening skill gap, an increase in poverty, and global supply value chain resilience were challenges in economic recovery. [79]
The Climate Investment Funds (CIF) were established in 2008 as a multilateral climate fund in order to finance pilot projects in developing countries at the request of the G8 and G20. The CIF administers a collection of programs with a view of helping nations fight the impacts of climate change and accelerate their shift to a low-carbon economy.
A meeting of environment ministers and experts held in June called on the conference to agree on a road-map, timetable and "concrete steps for the negotiations" with a view to reaching an agreement by 2009. [2] It has been debated whether this global meeting on climate change has achieved anything significant at all.
The city is one of the world's most vulnerable cities to the impacts of climate change. Due to its geographical and natural diversity, Indonesia is one of the countries most susceptible to the impacts of climate change. [17] This is supported by the fact that Jakarta has been listed as the world's most vulnerable city, regarding climate change.
The Global Enabling Trade Report was first published in 2008 by the World Economic Forum. [1]The 2008 report covers 118 major and emerging economies. At the core of the report is the Enabling Trade Index which ranks the countries using data from different sources (e.g., World Economic Forum's Executive Opinion Survey, International Trade Centre, World Bank, the United Nations Conference on ...