17 July 2008: The UN Economic and Social Council (ECOSOC) concluded
its three-day Humanitarian Affairs Segment by convening a panel discussion on “Humanitarian
challenges related to global food aid, including enhancing international
efforts and cooperation in this field,” chaired by
Council Vice-President Park In-kook (Republic of Korea) and moderated by John Holmes, Under-Secretary-General for Humanitarian Affairs.
1 July 2008:The World Bank signed its first greenhouse gas emission
reductions purchase agreement in Egypt, for a municipal solid waste-composting
project. The facility will feature waste sorting for recovery of recyclables
and aerobic composting of organic waste, reducing the amount of methane and
other greenhouse gases emitted from the landfill site.
8 July 2008: The Asian Development Bank
(ADB) has established a new fund to finance clean energy projects, in the
Asia-Pacific region, that generate carbon credits beyond 2012. “The new fund will provide an incentive
for the ADB's developing member countries to scale up energy efficiency and the
use of renewable energy sources that will contribute to both climate change
mitigation and enhanced energy security,” ADB Vice President Ursula
1 July 2008: Philippe de
Fontaine Vive, European Investment Bank (EIB) Vice-President, has presented the results of a study on climate change in the
Mediterranean and its consequences on the development of Maghreb and Machreq
The World Bank has launched a web site on climate change in the Middle East and
North Africa region (MENA).
1 July 2008: The
World Bank's Board of Executive Directors, meeting on 1 July 2008, approved two
Climate Investment Funds (CIFs) following an extensive public consultation
process that culminated with an agreement on the CIFs by 40 developing and
industrialized countries in Potsdam, Germany, on 21-22 May 2008. The establishment of the CIFs was also endorsed by
the G8 Finance Ministers who met in
Osaka, Japan, in June 2008.
June 2008: Speaking on the sidelines of the meeting of finance ministers for
the Group of Eight (G8), held in Osaka, Japan, World
Bank President Robert B.
Zoellick presented two new climate investment funds built to support the
UNFCCC's efforts to address the effects of, and mitigate, climate change.
5 June 2008: As
part of the UN World Tourism Organization's (UNWTO) strategy to implement the
recommendations of the Davos Declaration, a project aiming to integrate the
Maldives' tourism into its climate change adaptation activities is underway.
3 June 2008: The World Trade
Organization's (WTO) Director-General, Pascal Lamy, addressed the High-Level
Conference on World Food Security, which met in Rome, Italy, from 3-5 June
2006, where he highlighted climate change's impacts on agriculture, including
the potentially greater scarcity of water, and called attention to the
water-saving potential of international trade, by preventing the unnecessary
growth of agriculture in countries without access to sufficient water resources.
June 2008: The World Bank has priced a US$25 million bond linked to Certified
Emissions Reductions (CERs) to be generated by a Clean Development Mechanism
(CDM) project in China.