International Financial Institution

World Bank Announces Roadmap for Action on Agriculture, Food Security and Climate Change [viewed]

9 December 2010: The World Bank, together with a group of global leaders and policy makers, announced a new initiative aimed to ensure agriculture plays a key role in the architecture of climate finance at the Cancun Climate Change Conference in Mexico.

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World Bank Launches Partnership for Market Readiness [viewed]

8 December 2010: World Bank Group President Robert Zoellick announced the establishment of the Partnership for Market Readiness at an event on the sidelines of the Cancun Climate Change Conference. This initiative will create a platform for sharing experience, fostering new and innovative carbon market instruments, harnessing financial flows, and building market readiness capacity for countries to scale up their climate change mitigation efforts.

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World Bank President Announces Wildlife Premium Market Initiative [viewed]

8 December 2010: World Bank President Robert Zoellick announced a Wildlife Premium Market Initiative, which will provide additional incentives to protect endangered animals as part of financing for REDD+ (reducing emissions from deforestation and forest degradation in developing countries, and the role of conservation, sustainable use of forests and enhancement of carbon stocks).

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UNDP SGP Highlights Climate Resilience Project in Mexico [viewed]

4 December 2010: On the occasion of the Cancun Climate Change Conference, the Global Environment Facility Small Grants Programme (GEF SGP), the Bureau for Crisis Prevention and Recovery of the UN Development Programme (UNDP), and Mexico's National Commission of Protected Areas organized a site visit to a community-based project in the protected area of Yum Balam, which is helping a Mayan indigenous community increase its resilience to climate change.

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World Bank Publishes Report on Cities and Climate Change [viewed]

3 December 2010: The World Bank has published a report on “Cities and Climate Change: An Urgent Agenda” discussing the link between climate change and cities, and explaining why cities should be concerned about climate change and adopt early preventative policies.

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ECLAC Releases Study on the Economics of Climate Change in Latin America and the Caribbean [viewed]

8 December 2010: The UN Economic Commission for Latin America and the Caribbean (ECLAC) has released a report titled “Economics of Climate Change in Latin America and the Caribbean,” which estimates losses of around 1% of annual GDP in the region's countries between 2010 and 2100 unless a global consensus is reached on mitigation actions.

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World Bank, UNDP, Denmark and AOSIS to Support Renewable Energy in SIDS [viewed]

8 December 2010: The Government of Denmark, the World Bank and the UN Development Programme (UNDP) have signed a memorandum of understanding (MOU) with the Alliance of Small Island States (AOSIS) to support island countries in scaling up their renewable energy efforts and shift to greater energy efficiency.

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Adaptation Fund Board Signs MoU with Germany [viewed]

7 December 2010: The Adaptation Fund Board signed a memorandum of understanding (MoU) with the Government of Germany to host and confer legal capacity on the Board.

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GEF Approves Housing Energy Efficiency Project [viewed]

3 December 2010: The Global Environment Facility (GEF) has approved a US$9.6 million project to improve energy efficiency of houses in the Russian Federation.

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Cancun Oceans Day Discusses Strategy on Oceans and Climate [viewed]

4 December 2010: The Cancun Oceans Day event convened in Cancun, Mexico, on 4 December 2010, organized by the Global Forum on Oceans, Coasts, and Islands, in association with the Global Environment Facility (GEF), the Secretaries of Environment and Natural Resources of the Mexican States of Campeche, Quintana Roo, and Yucatan, and the Secretariat of Environment and Natural Resources (SEMARNAT), Mexico, in collaboration with other partners.

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