International Financial Institution

World Bank Lead Environmental Economist Highlights South Asia's Vulnerability to Climate Change [viewed]

South Asia's Vulnerability to Climate Change 25 November 2008: Speaking ahead of the UN Climate Change Conference in Poznan, Poland, Richard Damania, World Bank Lead Environmental Economist for the South Asia Region, described the climate-related challenges in South Asia as daunting.

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World Bank-Led Global Gas Flaring Reduction Partnership to Hold Forum on Best Practices in Gas Utilization [viewed]

20 November 2008: The World Bank-led Global Gas Flaring

Reduction partnership (GGFR) will organize a forum to look for ways of

unlocking the value of wasted gas associated with oil production.

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GEF Council Re-elects Monique Barbut as CEO, Approves Climate-Related Projects [viewed]

Monique Barbut, GEF CEO & Chairperson 14 November 2008: The Global Environment Facility (GEF) Council re-elected Monique Barbut as CEO during its biannual meeting, which took place from 11-13 November 2008, in Washington DC, US. The Council also renewed efforts to scale up technology transfer to developing countries looking to mitigate and adapt to climate change challenges, by approving projects amounting to US$50 million for climate-related activities.

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World Bank Moves Ahead with Energy for the Poor Initiative, Schedules Meeting in Paris [viewed]

Jamal Saghir, Director, Energy, Transport and Water, in the Sustainable Vice Presidency (SDNVP) of the World Bank 13 November 2008: The World Bank is moving ahead with the

Energy for the Poor initiative, a programme that seeks to provide rapid support

for countries' efforts to strengthen social safety nets to reduce the poor's

vulnerability to volatile fuel prices.

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World Bank and WHO Representatives to Address Conference on Adaptation in Developing Countries [viewed]

November 2008: The Second Conference on Adaptation to

Climate Change in Developing Countries will convene on 25 November 2008, in The

Hague, the Netherlands. Plenary speakers will include representatives from the

World Bank and the World Health Organization (WHO), as well as decision makers

from the EU and developing countries.

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World Bank Creates Green Bond to Finance Mitigation and Adaptation [viewed]

6 November 2008: The World Bank, in partnership with SEB and

Scandinavian institutional investors, will raise funds for projects seeking to

mitigate climate change or promote adaptation to its effects, through the issue

of a “World Bank green bond.”

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Documents Posted for 34th GEF Council and Climate Funds Meetings [viewed]

6 November 2008: Documents for the 34th Global Environment Facility (GEF) Council meeting,

which will convene from 11-13 November 2008, in Washington DC, US, are

available online.

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Sixth World Forum on Sustainable Development Discusses Effects of Globalization in the Face of Climate Change [viewed]

6th World Forum of Sustainable development 31 October 2008: The Sixth World Forum on Sustainable

Development took place in Brazzaville, Republic of Congo, from 27-30 October

2008, and was organized with the participation of several institutions,

including the UN Environment Programme, the UN Development Programme, the UN

Food and Agriculture Organization, the African Union, the African Development

Bank, the Economic Commission for Africa, and the World Environment Fund.

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World Bank President: New Climate Regime Depends on Recognizing Development Interests While Shifting to a Low Carbon Path [viewed]

A World in Crisis Means a Chance for Greatness - Robert B. Zoellick, President of the World Bank Group 26 October 2008: In an article published in the Washington Post newspaper, World Bank President Robert Zoellick outlines what it will take for the aspiring candidates to the US presidency to be “a 21st-century Franklin D. Roosevelt.”

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World Bank: Forest Carbon Partnership Facility Participants List Grows [viewed]

High Demand Prompts Forest Carbon Partnership Facility to Expand Beyond Original 20 Developing Countries 24 October 2008: The Forest Carbon Partnership Facility

(FCPF), a World Bank programme that partners developing countries with

industrialized countries and The Nature Conservancy, a non-governmental

organization, in an effort to reduce emissions from deforestation and forest

degradation (REDD) in developing countries, convened its first operational

meeting from 20-22 October 2008, in Washington, DC, US. During the meeting, it

was decided that the programme should be expanded and that ten new developing

countries would be added to the 20 that had originally been selected.

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