Journal of Science Policy & Governance | Volume 18, Issue 02 | June 21, 2021
|
Policy Memo: Establishing global climate resilience to persistent organic pollutants through the private sector: a call to reform institutional standards of the International Finance Corporation
Lok Ming Tam (1,4), Wesley Chiang (2,4), Khang T. Huynh (3,4)
Corresponding author: [email protected] |
Keywords: climate change adaptation; persistent organic pollutants; environmental fate and transport; environmental toxicology; World Bank
Executive Summary: Persistent organic pollutants (POPs) are toxic synthetic chemicals prevalent in the environment that have been linked to serious health effects including various cancers, hypertension, and diabetes. Owing to their unique physicochemical properties, POP accumulation in the environment poses a serious risk to public health. Over the last few decades global climate change (GCC) has exacerbated increasing temperature and extreme weather events, which reduce the storage capacity of POPs in the environment and precipitate their global remobilization. If we remain unprepared to block GCC-associated release of POPs globally, our adaptation and resilience to climate change will be jeopardized. The Stockholm Convention, an international treaty that aims to reduce and eliminate POPs, is not fully enforceable due to a lack of environmental funds for governments of developing countries. One way to circumnavigate these financial hurdles is to create new markets for POP removal through the private sector. We recommend the International Finance Corporation, the private sector arm of the World Bank, reform its institutional regulations to consistently guarantee funding for proactive measures against POPs. We additionally recommend investing in local POP removal infrastructure projects that encourage economic growth.
-Read the full article through download.- |
References
- Alharbi, Omar M. L., Al Arsh Basheer, Rafat A. Khattab, and Imran Ali. 2018. “Health and Environmental Effects of Persistent Organic Pollutants.” Journal of Molecular Liquids 263 (August): 442–53. https://doi.org/10.1016/j.molliq.2018.05.029.
- Asha, Raju C., M. A. Vishnuganth, Neelancherry Remya, N. Selvaraju, and Mathava Kumar. 2015. “Livestock Wastewater Treatment in Batch and Continuous Photocatalytic Systems: Performance and Economic Analyses.” Water, Air, & Soil Pollution: Focus 226 (5): 132. https://doi.org/10.1007/s11270-015-2396-4.
- Ashraf, Muhammad Aqeel. 2017. “Persistent Organic Pollutants (POPs): A Global Issue, a Global Challenge.” Environmental Science and Pollution Research International 24 (5): 4223–27. https://doi.org/10.1007/s11356-015-5225-9.
- Ashton, Melanie, and Pia M. Kohler. 2010. “Paying for POPs: Negotiating the Implementation of the Stockholm Convention in Developing Countries.” International Negotiation 15 (3): 459–84. https://doi.org/10.1163/157180610X529636.
- Bavuge, Mr Bernardin, Aloys Kamatali, and Abias Mbonigaba. 2020. Characterization of Persistent Organic Pollutants (POPs) and Its Adverse Effects on Environment and Public Health in Rwanda. https://doi.org/10.5281/zenodo.3633576.
- Center for International Climate Research. 2015. “Second Opinion on IFC Green Bond Framework.”
- Committee on the Significance of International Transport of Air Pollutants, ed. 2010. “Persistent Organic Pollutants.” In Global Sources of Local Pollution: An Assessment of Long-Range Transport of Key Air Pollutants to and from the United States. 500 Fifth street, N.W. Washington, DC 20001: National Academies Press. https://www.nap.edu/read/12743/chapter/7.
- Eckley, Noelle. 2001. “TRAVELING TOXICS The Science, Policy, and Management of Persistent Organic Pollutants.” Environment: Science and Policy for Sustainable Development 43 (7): 24–36. https://doi.org/10.1080/00139150109604496.
- Inclusive Development International. 2016. “IFC Quietly Funding Coal Boom.”
- International Finance Corporation. n.d. “Evaluating Capital-Investment Proposals.” Accessed December 29, 2020a. https://www.ncbi.nlm.nih.gov/pubmed/10242978.
- International Finance Corporation. n.d. “How to Apply for Financing.” Accessed December 29, 2020b. https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/solutions/how-to-apply-for-financing.
- International Finance Corporation. 2012. “Policy on Environmental and Social Sustainability.”
- International Finance Corporation. 2020. “IFC Annual Report 2020: IFC 3.0: A Strategy for Creating Markets.”
- International Finance Corporation. n.d. “Environmental, Health, and Safety Guidelines.” Accessed January 2, 2021c. https://www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/Sustainability-At-IFC/Policies-Standards/EHS-Guidelines/.
- International Finance Corporation. n.d. “IFC’s Green Bonds Process.” Accessed January 2, 2021d. https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/about+ifc_new/investor+relations/ir-products/ifc+green+bonds+process.
- Kallenborn, Roland, Crispin Halsall, Maud Dellong, and Pernilla Carlsson. 2012. “The Influence of Climate Change on the Global Distribution and Fate Processes of Anthropogenic Persistent Organic Pollutants.” Journal of Environmental Monitoring: JEM 14 (11): 2854–69. https://doi.org/10.1039/c2em30519d.
- Ma, Jianmin, Hayley Hung, and Robie W. Macdonald. 2016. “The Influence of Global Climate Change on the Environmental Fate of Persistent Organic Pollutants: A Review with Emphasis on the Northern Hemisphere and the Arctic as a Receptor.” Global and Planetary Change 146 (November): 89–108. https://doi.org/10.1016/j.gloplacha.2016.09.011.
- Meij, Ruud, and Henk te Winkel. 2007. “The Emissions of Heavy Metals and Persistent Organic Pollutants from Modern Coal-Fired Power Stations.” Atmospheric Environment 41 (40): 9262–72. https://doi.org/10.1016/j.atmosenv.2007.04.042.
- Milic, Jelena, Marijana Curcic, Zvonko Brnjas, Hristina Carapina, Jasminka Randjelovic, Katarina Krinulovic, and Aleksandar Jovovic. 2019. “The Socio-Economic Impact Timeline in Serbia for Persistent Organic Pollutants (POPs).” The Science of the Total Environment 688 (October): 486–93. https://doi.org/10.1016/j.scitotenv.2019.06.161
- Morgado, Naeeda Crishna, and Bérénice Lasfargues. 2017. “Engaging the Private Sector for Green Growth and Climate Action: An Overview of Development Co-Operation Efforts.” 34. OECD Development Cooperation Working Papers. https://www.cbd.int/financial/2017docs/oecd-private2017.pdf.
- Muller, Nicole, Johanna Saari, and Bernd Novack. 2010. “Photocatalysis for Water Treatment.” ObservatoryNano.
- Nguyen, Van-Huy, Siwaporn Meejoo Smith, Kitirote Wantala, and Puangrat Kajitvichyanukul. 2020. “Photocatalytic Remediation of Persistent Organic Pollutants (POPs): A Review.” Arabian Journal of Chemistry 13 (11): 8309–37. https://doi.org/10.1016/j.arabjc.2020.04.028.
- Noyes, Pamela D., Matthew K. McElwee, Hilary D. Miller, Bryan W. Clark, Lindsey A. Van Tiem, Kia C. Walcott, Kyle N. Erwin, and Edward D. Levin. 2009. “The Toxicology of Climate Change: Environmental Contaminants in a Warming World.” Environment International 35 (6): 971–86. https://doi.org/10.1016/j.envint.2009.02.006.
- Office of the Compliance Advisor Ombudsman. 2012. “CAO Audit of a Sample of IFC Investments in Third-Party Financial Intermediaries.”
- Office of the Compliance Advisor Ombudsman. 2017a. “Third Monitoring Report of IFC’s Response to: CAO Audit of a Sample of IFC Investments in Third-Party Financial Intermediaries.”
- Office of the Compliance Advisor Ombudsman. 2017b. “India / Tata Ultra Mega-01/Mundra and Anjar.” November 9, 2017. http://www.cao-ombudsman.org/cases/case_detail.aspx?id=171.
- Office of the Compliance Advisor Ombudsman. 2019. “Philippines / Rizal Commercial Banking Corporation (RCBC)-01.” November 19, 2019. http://www.cao-ombudsman.org/cases/case_detail.aspx?id=1266
- Prüss-Ustün, Annette, Carolyn Vickers, Pascal Haefliger, and Roberto Bertollini. 2011. “Knowns and Unknowns on Burden of Disease due to Chemicals: A Systematic Review.” Environmental Health: A Global Access Science Source 10 (January): 9. https://doi.org/10.1186/1476-069X-10-9.
- Rigét, Frank, Anders Bignert, Birgit Braune, Maria Dam, Rune Dietz, Marlene Evans, Norman Green, et al. 2019. “Temporal Trends of Persistent Organic Pollutants in Arctic Marine and Freshwater Biota.” The Science of the Total Environment 649 (February): 99–110. https://doi.org/10.1016/j.scitotenv.2018.08.268.
- Sahu, S. K., R. C. Bhangare, P. Y. Ajmal, S. Sharma, G. G. Pandit, and V. D. Puranik. 2009. “Characterization and Quantification of Persistent Organic Pollutants in Fly Ash from Coal Fueled Thermal Power Stations in India.” Microchemical Journal, Devoted to the Application of Microtechniques in All Branches of Science 92 (1): 92–96. https://doi.org/10.1016/j.microc.2009.02.003.
- Scheringer, Martin. 2009. “Long-Range Transport of Organic Chemicals in the Environment.” Environmental Toxicology and Chemistry / SETAC 28 (4): 677–90. https://doi.org/10.1897/08-324R.1.
- Secretariat of the Stockholm Convention. n.d. “Exemptions Overview.” Accessed January 9, 2021. http://chm.pops.int/implementation/exemptions/overview/tabid/789/default.aspx.
- The World Bank. n.d. “About the World Bank.” Accessed January 1, 2021. https://www.worldbank.org/en/about.
- Varjani, Sunita J., Edgard Gnansounou, and Ashok Pandey. 2017. “Comprehensive Review on Toxicity of Persistent Organic Pollutants from Petroleum Refinery Waste and Their Degradation by Microorganisms.” Chemosphere 188 (December): 280–91. https://doi.org/10.1016/j.chemosphere.2017.09.005.
- Wang, Xiaoping, Dianchao Sun, and Tandong Yao. 2016. “Climate Change and Global Cycling of Persistent Organic Pollutants: A Critical Review.” SCIENCE CHINA Earth Sciences 59 (10): 1899–1911. https://doi.org/10.1007/s11430-016-5073-0.
- Wania, F., and D. Mackay. 1996. “Peer Reviewed: Tracking the Distribution of Persistent Organic Pollutants.” Environmental Science & Technology 30 (9): 390A – 6A. https://doi.org/10.1021/es962399q.
- World Bank Group. 2017. “Lebanon Starts to Get Rid of Persistent Organic Pollutants That Endanger Environment and Health.” May 12, 2017. https://www.worldbank.org/en/news/feature/2017/05/12/lebanon-starts-to-get-rid-of-persistent-organic-pollutants-that-endanger-environment-and-health.
Lok Ming Tam is a postdoctoral researcher in the Department of Biology at the University of Rochester where he studies mechanisms of aging. He holds a Ph.D. degree in Environmental Toxicology from the University of California, Riverside. In addition to scientific research, Lok Ming is interested in science policy, advocating for diversity, equity, and inclusion, as well as being part of innovative mechanisms to communicate science to general audiences.
Wesley Chiang is a doctoral student in the Department of Biochemistry and Biophysics at the University of Rochester Medical Center, New York, USA. His thesis work focuses on developing quantum dot-based tools for investigating neurological disorders. Beyond his research, Wesley is interested in the representation of gender and sexual minorities in STEM.
Khang T. Huynh is a Ph.D. candidate in Biomedical Engineering at the University of Rochester. He is currently developing and using techniques for two-photon adaptive optics scanning light ophthalmoscopy to study function and metabolism in the living retina at a cellular scale. Equally passionate about policy and communication, he is Vice President of the University of Rochester Science Policy Initiative and a former Science Communication Training Fellow with the Association for Research in Vision and Ophthalmology. Through these channels, he advocates for environmental, healthcare, and working class issues. He received a B.S from The University of Texas at Austin and a M.S. from the University of Rochester.
Acknowledgements
The authors are grateful for the assistance of Dr. Holly Mayton and William Ota in navigating the topic of this manuscript.
Disclaimer
The authors’ views do not necessarily reflect those of their respective departments or sponsors.
Wesley Chiang is a doctoral student in the Department of Biochemistry and Biophysics at the University of Rochester Medical Center, New York, USA. His thesis work focuses on developing quantum dot-based tools for investigating neurological disorders. Beyond his research, Wesley is interested in the representation of gender and sexual minorities in STEM.
Khang T. Huynh is a Ph.D. candidate in Biomedical Engineering at the University of Rochester. He is currently developing and using techniques for two-photon adaptive optics scanning light ophthalmoscopy to study function and metabolism in the living retina at a cellular scale. Equally passionate about policy and communication, he is Vice President of the University of Rochester Science Policy Initiative and a former Science Communication Training Fellow with the Association for Research in Vision and Ophthalmology. Through these channels, he advocates for environmental, healthcare, and working class issues. He received a B.S from The University of Texas at Austin and a M.S. from the University of Rochester.
Acknowledgements
The authors are grateful for the assistance of Dr. Holly Mayton and William Ota in navigating the topic of this manuscript.
Disclaimer
The authors’ views do not necessarily reflect those of their respective departments or sponsors.
DISCLAIMER: The findings and conclusions published herein are solely attributed to the author and not necessarily endorsed or adopted by the Journal of Science Policy and Governance or issue partners/sponsors. Articles are distributed in compliance with copyright and trademark agreements.
ISSN 2372-2193
ISSN 2372-2193