Development Studies [New] Nepal was expected to achieve 100 percent access to electricity within a few years, well ahead of the target year of 2030 set by Sustainable Development Goal 7. [New] Rapid population growth in poor countries will challenge efforts to meet sustainable development goals such as combating hunger and malnutrition. While cities and urban areas will offer important opportunities for economic development, they will also become increasingly vulnerable to the physical and transition risks posed by climate change. The economic growth of emerging countries such as China and India will result in rapid infrastructure development to support the use of hybrid vehicles. In addition to climate change and immense population growth, expect an increasing exploitation of the oceans in the coming decades - for drinking water and food, but also in the use of marine resources. Immediate action is required from all relevant stakeholders to prevent the risk of falling short in meeting the UN Sustainable Development Goals and the Paris Agreement on climate change. The emerging bioeconomy will play a valuable role - albeit quite differentiated and contextualised - across countries and regions at quite different levels of development, just as the Sustainable Development Goals were envisioned to be universal in nature. The world will not be able to achieve the Sustainable Development Goals by 2030, if child labourers in the agricuture sector are simply left behind. In 20 years, China will still be a developing economy by many measures - its financial development will lag its economic development, and many economic and policy distortions may still persist. If current trends continue, it is projected that $8.5 trillion will be transferred to families in developing countries over the 15-year life of the 2030 Agenda for Sustainable Development. In the International Energy Agency's (IEA) Sustainable Development scenario - an accelerated clean energy transition plan which will put the world on track to meet goals related to climate change - universal access and clean air - global demand for coal needs to fall by more than 50% by 2040. Power and Energy Systems will play a crucial role in the 21st century as major drivers of economic growth and sustainable development. The effectiveness of the IEA Sustainable Development Scenario in limiting global temperature change to 2 degrees Celsius is dependent on global emissions trends through 2100, while IEA's current scenario only projects through 2040. The Organization for Economic Co-operation and Development (OECD) predicts that the global maritime economy will grow at twice the rate of the mainstream economy by 2030. If trade relations continue to deteriorate, the Organization for Economic Cooperation and Development forecasts that global gross domestic product would fall by as much as 0.7% by 2021. There is a significant risk that the Chinese government would use China Mobile to conduct activities that would seriously jeopardize the national security, law enforcement, and economic interests of the United States. If China can gain an edge in artificial intelligence research, as many experts believe it can, it will hold the whip hand over the next-generation tools that will be necessary for America's national economic growth, as well as for its military and national security. Economic damage from tropical cyclones in not so wealthy countries which are the members of the Organization for Economic Cooperation and Development (OECD) was forecast to be doubled or trebled by 2100. Lebanon is grappling with the world's third highest debt-to-GDP ratio of about 150 per cent, and is struggling to revive economic growth and control over its finances, and hopes that 2019 will bring economic growth are slim. The Organisation for Economic Co-operation and Development (OECD) estimates that an additional US$70 trillion in infrastructure will be needed by 2030. Growth in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said, warning of rising economic risks from a bitter Sino-U. The Organisation for Economic Co-operation and Development (OECD) lowered 2019 world economic growth forecast from 3.5% to 3.3% due to prevalent trade tensions and political uncertainty in Europe. See full forecast Last updated: 16 July 2019
