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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

International Experts, Led By UN, Kick Off Ebola Recovery Assessment in Sierra Leone

          

Daily life in Freetown, Sierra Leone, one of three West African countries most affected by the outbreak of the Ebola virus.
Photo: World Bank/Dominic Chavez

un.org

15 January 2015 – Spearheaded by the United Nations, a team of international experts has begun an Ebola Recovery Assessment (ERA) mission in Sierra Leone as part of an effort to partner with Governments to address the impact of the virus on affected countries. 

The ERA mission is made up of experts from the European Union, World Bank and the African Development Bank. They are expected to finish their work this weekend in Accra, Ghana after a one-day stop in Guinea tomorrow. 

The mission’s aim is to work with the Governments of the countries hardest hit by the virus –Sierra Leone, Liberia and Guinea – to assess critical areas that will spearhead economic and social recovery in the post-Ebola era.

According to a statement released by the Office of the UN Resident Coordinator in Sierra Leone, David McLachlan-Karr, the ERA is anchored in national ownership.

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The Socio-Economic Impacts of Ebola in Liberia

worldbank.org

Latest Key findings
  • nearly half of those working at the start of the Ebola crisis are no longer working, despite improvements in the health situation
  • Women are particularly vulnerable as the labor market stagnates, with 60 percent of those working at the start of the crisis no longer working
  • Farmers cite difficulty in organizing work teams given Ebola fears, reducing harvests.

Background

In an effort to measure the economic impact of Ebola on Liberian households, the World Bank, with the Liberian Institute of Statistics and Geo-Information Services and the Gallup Organization, has conducted three rounds of mobile-phone surveys, in October, November, and December 2014. 

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Understanding the Oil Price Drop

             

Columbia | SIPA Center on Global Energy Policy

As oil prices continued to fall in December, the Center on Global Energy Policy responded quickly to inform the discussion of how the price drop is impacting consumers, producers and geopolitical relationships through a series of publications, media interviews and a public event.

(READ COMPLETE ARTICLE)

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Congress releases FY15 Omnibus

COMPILED BY THE GLOBAL RESILIENCE SYSTEM                                                          Dec. 14, 2014

Congressional Actions and The Obama Administration requests for emergency funding for Ebola.

Contained in the Omnibus Appropriations Bill for Fiscal year 2015 passed by the Senate Sunday and earlier by the House.

(Five links, scroll down.)

Tables showing actual approved appropriations, Compiled by Kaiser Foundation
http://kff.org/policy-tracker/congress-releases-fy15-omnibus/

FY15 CROmnibus - PT Entry (12-9-14) Table 2 - 80p

      Note: Congressional ddid not approve the Administration's  requested $1.5 million contigency fund.

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Free Fall in Oil Price Underscores Shift Away From OPEC

A hydraulic fracturing well in Colorado. With the technology, America is expected to surpass Saudi Arabia in oil production. Credit Brennan Linsley/Associated Press

Image:  A hydraulic fracturing well in Colorado. With the technology, America is expected to surpass Saudi Arabia in oil production. Credit Brennan Linsley/Associated Press

nytimes.com - November 28th, 2014 - Clifford Krauss

Since the economically crippling oil embargo of 1973, every American president has pledged to seek and achieve energy independence.

That elusive goal may finally have arrived, at least for the foreseeable future, with the failure of Saudi Arabia and its 11 oil cartel partners in the Organization of the Petroleum Exporting Countries to agree to a production cut that would put a brake on plummeting crude prices.

On Friday, the benchmark American price for crude oil continued the free fall that began on Thursday, closing at $66.15, its lowest price in more than four years.

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Electricity from Renewables Cost Competitive with Coal

energymanagertoday.com - by Linda Hardesty
November 26, 2014

Although a recent story from Spectrum IEEE said Google researchers gave up on a project to produce electricity from renewables more cheaply than electricity from coal, a story in the New York Times says some renewable electricity is already cost competitive with coal.

The story cites a study by the investment banking firm Lazard, which finds the cost of utility-scale solar is as low as 5.6 cents per kWh, and wind is as low as 1.4 cents, while natural gas comes in at 6.1 cents and coal at 6.6 cents.

(READ COMPLETE ARTICLE)

CLICK HERE - STUDY - Lazard's Levelized Cost of Energy Analysis - Version 8.0 (20 page .PDF file)

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Global Economy Facing Environment, Sustainability Skills Deficit

environmentalleader.com - October 16th, 2014

By 2020 the world economy could be facing a skills deficit driven by mega-trends such as population growth, increasing demand for natural resources, and soaring costs of energy, coupled with the impacts of climate change and ecosystem degradation, according to a report by the Institute of Environmental Management & Awareness.

Although the transition to a sustainable economy presents significant opportunities for business, according to an IEMA survey of over 900 organizations, only 13 percent of companies are fully confident that they have the skills to successfully compete in the sustainable economy.

(VIEW COMPLETE ARTICLE)

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La lutte contre le virus Ebola est un combat contre l'inégalité

Commentaire de

par Jim Young Kim, Président du groupe Banque mondiale
6 octobre2014

comme la propagation du virus Ebola en Afrique de l'ouest présente, l'importance de la réduction des inégalités n'a pas pu être plus clair. La bataille contre le virus est une lutte sur plusieurs fronts--des vies humaines et la santé au premier rang les.

Mais la lutte contre le virus Ebola est aussi une lutte contre l'inégalité. Les connaissances et l'infrastructure pour traiter les malades et de contenir le virus existe dans les comtés de revenus moyens et élevés. Cependant, au fil des années, nous n'avons pas à faire ces choses accessibles aux personnes à faible revenu en Guinée, au Libéria et en Sierra Leone. Alors maintenant, des milliers de personnes dans ces pays sont en train de mourir parce que, à la loterie de naissance, ils sont nés au mauvais endroit.

Voir l'article complet

http://www.huffingtonpost.com/jim-yong-kim/the-fight-against-ebola-i_b_5938716.html

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Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels

      

Stephen Heintz, left, with Valerie Rockefeller Wayne and Steven Rockefeller on Tuesday.
Credit Hiroko Masuike/The New York Times

nytimes.com - by John Schwartz - September 21, 2014

John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels.

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Aruba's Leader, Legislators Launch Hunger Strike

               

In this Sept. 25, 2009 photo, opposition candidate from the Aruban People's Party, Mike Eman, center left, and his wife Doina ride atop a jeep upon their arrival to a polling station in Oranjestad, Aruba. Prime Minister Eman and several legislators launched a hunger strike Friday, July 11, 2014, to protest what they say is meddling by the Dutch government in local financial affairs.(Photo: Pedro Famous Diaz AP)

usatoday.com - AP - July 12, 2014

ORANJESTAD, Aruba (AP) — Aruba's prime minister and several legislators have launched a hunger strike to protest what they say is meddling by the Dutch government in local financial affairs. . .

. . . The hunger strike comes after the Dutch government asked Aruba's governor to hold off on signing the 2014 budget into law pending an evaluation of it. The Dutch Caribbean island, which approved the budget two weeks ago, is facing a major deficit and its national debt represents 75 percent of its GDP.

(READ COMPLETE ARTICLE)

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