International Financial Institution

World Bank Publishes Note on Reduced Emissions and Enhanced Adaptation in Agricultural Landscapes [viewed]

World BankOctober 2009: The World Bank has published a note emphasizing the role of good agricultural practices and integrated natural resource management in addressing both mitigation and adaptation to climate change in production landscapes.

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UNDP Supports GEF-funded Adaptation Project in Mountain Forest Ecosystem in Armenia [viewed]

Gef New LogoOctober 2009: The UN Development Programme (UNDP) is the implementing agency for a Global Environment Facility-funded (GEF) project to build up the resilience and adaption capacity of mountain forest ecosystems in Armenia, a biodiversity hotspot area containing half of the region's floral diversity, to protect against climate change effects.

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GEF's Fifth International Waters Conference Highlights Large Marine Ecosystems Are Warming More Rapidly Than Expected [viewed]

GEF's Fifth International Waters Conference Highlights Large Marine Ecosystems Are Warming More Rapidly Than Expected 27 October 2009: The Fifth GEF Biennial International Waters Conference, co-hosted by the Global Environment Facility (GEF) and the Government of Australia, gathered over 300 of the world's leading water specialists to identify practical measures for coping with climatic variability. The Conference convened from 24-29 October 2009, at the Australian Great Barrier Reef, and featured new research on protecting coral reefs, adapting to the accelerated warming of coastal oceans, and adjusting to the movement of fisheries away from warming, polluted waters.

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World Bank Launches MultiCat Program to Insure Against Floods, Hurricanes and Wind Storms [viewed]

Worldbanklogo19 October 2009: The World Bank launched the MultiCat Program – a catastrophe bond issuance platform that gives governments and other public entities access to international capital markets to insure themselves against the risk of natural disasters. The types of events that may be insured are earthquakes, floods, hurricanes and other wind storms.

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ADB Studies Climate Change Resilience in the Asian Agriculture Sector [viewed]

wordbankpressreleaseOctober 2009: The Asian Development Bank (ADB) published a report on the impact of climate change on Asia and the Pacific's agriculture sector, highlighting that agriculture will pose a significant development challenge for Asia in the present century. The report, titled “ADB Building Climate Resilience in the Agriculture Sector of Asia and the Pacific,” discusses building climate change resilience into the agriculture sector in Asia.

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World Bank Highlights Opportunities and Challenges for Adaptation in Agriculture [viewed]

agricultural-developmentAugust 2009: The World Bank published a report that identifies and summarizes potential climate change impacts on agriculture in the developing world, examines causes of vulnerability, and suggests where investments are needed to better climate-proof agriculture.

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World Bank Finances Low Carbon Growth in Mexico, Publishes Study [viewed]

© The World Bank26 October 2009: A World Bank study on “Low-Carbon Development for Mexico” concluded that Mexico could reduce its carbon emissions by at least 42 percent (or 477 million tons) per year by 2030 without sacrificing economic development.

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Governing Body Selected for Forest Investment Program [viewed]

© The World Bank20 October 2009: The World Bank has announced the results of the regional self-selection process for member States in the governing body of the Forest Investment Program (FIP). Six developing countries (Brazil, the Democratic Republic of Congo, India, Morocco, Nepal and Romania) will join five contributor countries (Australia, Denmark, Norway, the United Kingdom and the United States) on the FIP Trust Fund Sub-Committee, which is the governing body of the FIP. The Sub-Committee will hold its first meeting on 29 October 2009, in Washington, DC, US.

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Third GEF-5 Replenishment Meeting Discusses Allocations for Focal Areas [viewed]

© GEF15 October 2009: The third meeting of participants for the fifth Global Environment Facility (GEF-5) Replenishment convened at the World Bank office in Paris, France, from 14-15 October 2009.

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World Bank Funds Energy Efficiency and Renewables in Rwanda [viewed]

© World Bank15 October 2009: The World Bank has approved an International Development Agency (IDA) grant for US$4.5 million equivalent, to improve the policy and institutional framework of the renewable energy and energy efficiency sub-sectors and to increase private sector participation in the renewable energy sector in Rwanda.

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