13 October 2008: The annual meetings of the Boards of
Governors of the International Monetary Fund (IMF) and World Bank took place on
11-13 October 2008, in Washington DC, US. Finance ministers from developing and
industrialized nations attended the event, which was preceded by a meeting of
the International Monetary and Financial Committee (IMFC) and the Development
Committee. The IMFC and seminars during the week addressed the responses to the
current economic crisis, as well as the challenges posed by higher food and
9 October 2008: Commissioned by the UN Environment Programme (UNEP) and the Global Environment Facility (GEF), Paris Re and Marsh have produced an index-based weather cover for the wind energy sector. The study analyzes the technical, legal and financial feasibility of implementing weather coverage in Mexico.
9 October 2008: European countries met from 9-10 October
2008, in Chisinau, Republic of Moldova, to discuss practical ways to reduce the
impacts of natural hazards through strengthened collaboration among the World
Meteorological Organization's (WMO) National Meteorological and Hydrological
Services and disaster risk management institutions.
8 October 2008: The
2008 edition of the World Resources Report argues that properly designed
enterprises can create economic, social, and environmental resilience that
cushion the impacts of climate change, and help provide needed social
2 October 2008: The World Bank has announced an 87% increase in funding for renewable energy (RE) and energy efficiency (EE) projects and programmes in developing countries in the past fiscal year.
26 September 2008: Leading industrialized nations met at the
World Bank, and pledged more than US$6.1 billion to the recently created World
Bank Climate Investment Funds (CIF).
12 September 2008: The Inter-American Development Bank (IDB) released a tool known as the “Biofuels Sustainability Scorecard” during the fourth Annual Western Hemisphere Energy Security and Cooperation Forum, held on 9 September 2008, at IDB's headquarters in Washington, DC, US.
September 2008: Global consultations for the development of
a “Strategic Framework on Development and Climate Change for the World Bank
Group” continue receiving comments online from civil society, until 15
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.
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.