'Pathways to Prosperity - Achieving lowest emissions development and the Sustainable Development Goals (SDGs)’, is a new work program to share learnings and build capacity across our regional neighbours, building on the proven ‘Pathways to Deep Decarbonisation in 2050 ’ approach.
The program aims to:
Support developing countries in Southeast Asia and the Pacific Islands to shape and implement long term, lowest emissions development pathways consistent with the UN Paris Climate Agreement goal of net zero emissions;
Improve alignment of climate mitigation and adaptation outcomes with other SDGs;
Identify and address barriers to implementation; and
Support the 'bundling' of projects to improve access to climate finance and reduce transaction costs.
‘Pathways to Prosperity’ (P2P) seeks to support capacity building in up to 10 developing countries across the Southeast Asia and Pacific Islands region, delivered through a partnership approach. The program challenges the current development paradigm by demonstrating that rapid development can be achieved without significantly increasing emissions, and that this decoupling gives developing countries the best chance to achieve prosperity in a rapidly decarbonising world.
For developing countries, the P2P approach offers much more than strategies for a prosperous, low emissions future: It supports the design and implementation of pathways aligned to many SDGs - pathways that improve energy affordability and independence, deliver cleaner air and improved health outcomes, grow jobs, reduce poverty, improve climate resilience and ensure today’s investments don’t risk future economic disadvantage. By helping to avoid projected significant growth in the emissions of developing countries, the program can also help delay use of the remaining carbon budget, contributing time to the active global effort to solve the climate crisis.
The P2P program released an Issues Paper in November 2017 titled 'Taking the Long view: Why a long term approach for the developing world is critical to achieving Sustainable Development Goals and climate safety'. This Paper presents the compelling argument that decarbonisation (or avoided growth in emissions) is not only possible for developing countries, it is in fact essential for the achievement of other sustainable development goals. The significant adjustments required - policy, capacity, governance and financial - are complex and difficult, yet they must be a priority if countries are to achieve sustained economic growth, social development outcomes, and the environmental stability that is foundational to these two outcomes.
For further information about this program, please contact Meg Argyriou, Head of International Programs at email@example.com