Climate change is one of the most serious issues facing the 21st century, and developing countries are particularly exposed to its impact. Climate action helps to mitigate greenhouse gases and enables communities to adapt to the consequences of global warming. Such measures concentrate on urban areas, as these generate the most climate-pollutant gases and are constantly growing. SECO is working on climate compatibility through the following three priority areas:
- Developing cities sustainably: Towns and cities are hubs of economic growth and innovation, with huge potential for reducing poverty. They should be well planned, integrating all districts and ensuring all inhabitants have access to jobs, education and public services such as clean water and electricity. Well planned cities also generate fewer greenhouse gases because they are more compact and rely more on public transport.
- Supplying energy sustainably: Energy has become more relevant than ever before. Countries need a dependable energy supply for economic development. Using energy, however, has an enormous impact on the climate. SECO is committed to reducing carbon emissions. It supports partner countries in the cleaner and more efficient production of electricity, heat and refrigeration.
- Promoting resource efficiency in the private sector: Innovative, resource-efficient production methods enable firms to lower costs, e.g. for power and water. Businesses with more efficient production methods have a better credit standing and become more attractive to banks. This benefits not only the economy but also, with lower greenhouse gas emissions, the general population and the environment. It is a win-win situation that should be further promoted.
More information is available here