International Financial Institution

Senegal Signs First CDM Agreement with World Bank [viewed]

L-R: Samuel Amet Sarr, Minister of Energy, Senegal; Meskerem Mulatu, World Bank; and Modibo Diop, Director General, Senegalese Rural Electrification Agency (ASER)4 September 2008: The Senegalese Agency for Rural

Electrification (ASER) and the World Bank have entered into an agreement for

the provision of 1.5 million compact fluorescent lamps (CFLs) to Senegal's

rural areas. The project will be carried out as a Clean Development Mechanism

(CDM) programme of activities, and is Senegal's first CDM project.

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New World Bank Report Highlights Africa's CDM Potential [viewed]

World Bank Carbon Finance Unit (CFU) 3 September 2008: A new World Bank report estimates that Clean Development Mechanism (CDM) projects in sub-Saharan Africa could potentially amount to 740 million tons of carbon dioxide equivalent per year.

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African Green Revolution Conference Addresses Food Security and Increased Productivity [viewed]

Third African Green Revolution Conference

September 2008: The third African Green Revolution

Conference convened from 28-29 August 2008, in Oslo, Norway, organized by Yara

International ASA, a Norwegian fertilizer company, in partnership with the

Alliance for a Green Revolution in Africa (AGRA), the African Development Bank

(ADB) Norad, Norfund and Rabobank.

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Africa Carbon Forum Seeks to Improve Africa's Participation in the CDM [viewed]

Africa Carbon Forum 28 August 2008: The Africa Carbon Forum will take place from 3-5 September 2008, in Dakar, Senegal. At the thirteenth Conference of the Parties to the UNFCCC in Bali, Indonesia in December 2007, the Secretariat of the UNFCCC announced its intent to convene the first Africa Carbon Forum, in collaboration with the International Emissions Trading Association and the partner agencies of the Nairobi Framework, including the UN Development Programme, UN Environment Programme, World Bank and African Development Bank.

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GEF Meeting in West Africa Develops Programme for Access to Renewable Energy and Energy Efficiency [viewed]

26 August 2008: The Global Environment Facility (GEF) Secretariat met with Ministers from West African countries, from 25-26 August 2008, in Cotonou, Benin, to develop a regional programme for climate change and biodiversity that provides the region with a more efficient use of resources from the GEF's Resource Allocation Framework (RAF).

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World Bank Launches Film Contest on the Social Aspects of Climate Change [viewed]

Vulnerability Exposed: Social Dimensions of Climate Change

25 August 2008: The World Bank launched a worldwide

documentary competition that will highlight the social aspects of climate

change as experienced and/or observed by the film-maker(s).

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ADB Urban Day 2008 to Tackle Climate Change and Cities Issues [viewed]

ADB Urban Day 2008

August 2008: The Asian Development Bank's (ADB) Urban

Community of Practice is organizing the ADB Urban Day 2008, which will take

place in Manila, Philippines, on 8 September 2008. Urban Day 2008 will bring

together representatives from national and local governments, international

communities of practice, the private sector, civil society and academia to

discuss urban environment, sanitation and transport, as well as city region

development, and municipal finance and governance.

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Draft World Bank Strategy for Climate Change and Development Available for Public Comment [viewed]

Climate Change and Development 21 August 2008: The first phase of consultations on a

Strategic Framework on Climate Change and Development for the World Bank Group

(WBG) has concluded with the release of a draft document entitled “Development

and Climate Change - A Strategic Framework for the World Bank Group.” The

document will be finalized, taking into consideration comments received through

15 September 2008, and submitted to the Board of Directors, on 23 September

2008, and to the Development Committee, during the 2008 IMF/World Bank Group

Annual Meeting in October 2008.

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Preliminary Findings of World Bank Study on Water and Climate Change Released [viewed]

A World Bank study looks at the impact of climate change on water systems. 18 August 2008: In an interview, Vahid Alavian, World Bank

water adviser, who is attending the Stockholm World Water Week that focuses on

sanitation and will conclude on 23 August 2008, reports on progress and

preliminary findings of a two-year World Bank study on water and climate

change.

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Preventive Measures and Disaster Preparedness Will Lead to Economic Growth [viewed]

9 August 2008: In an opinion piece, published in the Hindu,

Vinod Thomas, Director General of the World Bank's Independent Evaluation

Group, underscores the increased frequency of natural disasters, their effect

on development, and the need for policy makers to recognize this growing threat

on economies.

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