International Financial Institution

CGIAR, FAO, IFAD, World Bank Discuss Implications of IPCC Report on Food Security [viewed]

ifad-fao-worldbank-cgiar3 April 2014: Several multilateral organizations have made the projected impacts of climate change on food production a focus of recent global conferences, based on the Intergovernmental Panel on Climate Change (IPCC) report, ‘Climate Change 2014: Impacts, Adaptation and Vulnerability.' The report predicts that shifting weather patterns will seriously disrupt agriculture.

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March 2014 Climate Finance Update [viewed]

world-bank-gef-ifad-isdb-eib  31 March 2014: During the month of March, the World Bank, the Global Environment Facility (GEF), the International Fund for Agricultural Development (IFAD) and a regional development bank announced funding for several climate-related projects or initiatives. The World Bank has also provided an update on the growth of the green bond market.

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March 2014 Sustainable Energy Finance Update [viewed]

worldbank-idb--erdb-gef-afdb-eib31 March 2014: Throughout the month of March, the World Bank, the Inter-American Development Bank (IDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the Global Environment Facility (GEF) and the African Development Bank (AfDB) undertook activities and approved funding for sustainable energy projects in countries including: the Democratic Republic of the Congo (DRC), France, Kenya, the Philippines, Romania, Solomon Islands, Zambia and Sub-Saharan Africa.

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Adaptation Fund Board Supports Project Design, Accredits Implementing Entities [viewed]

Adaptationfund28 March 2014: At its 23rd meeting, the Adaptation Fund Board approved financing for project design in India and Morocco, and accredited three Implementing Entities, including for Peru and the Andes. 

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Event: 2014 CIF Partnership Forum [viewed]

The Climate Investment Funds (CIF) and the Inter-American Development Bank (IDB) are jointly convening the 2014 CIF Partnership Forum, hosting more than 400 participants from civil society, the private sector, governments, indigenous peoples and academia. A special pre-conference event on 22 June, 'Stakeholder Day,' will be dedicated to discussing progress and challenges in engaging key stakeholders in the CIF's activities. During the conference, panels will address a variety of topics including managing climate change programs and unlocking private finance from mini-grids to REDD+. The CIF is the world's largest group of funds for climate action, channeling $8 billion to low carbon and climate resilient development.  

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Event: MRV GHG Emissions Under Existing and Developing Carbon Pricing Mechanisms [viewed]

The World Bank's Partnership for Market Readiness (PMR) and the Climate Knowledge and Innovation Community (Climate-KIC) of the European Institute of Innovation and Technology (EIT) are hosting a conference titled 'Monitoring, Reporting and Verifying GHG Emissions under Existing and Developing Carbon Pricing Mechanisms'. Taking place between the Carbon Expo 2014 and the June meeting of the UNFCCC's Subsidiary Bodies, the event will present analysis of sub-national, national, and sector-based greenhouse gas (GHG) accounting frameworks. Questions to be addressed include: what are the costs associated with MRV requirements; are there incentives to reduce uncertainty; is there a trade-off between uncertainty and costs for reporting entities; and how can MRV procedures be improved. Presenters will also consider how to create a "credible, consistent and compatible MRV infrastructure across the world to support global mitigation action".  

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World Bank Report Proposes Priorities for Sustainable Urbanization [viewed]

World Bank25 March 2014: ‘Urban China: Toward Efficient, Inclusive and Sustainable Urbanization,' a report by the World Bank and China's Development Research Center, proposes a ‘new urbanization' path that will be environmentally sustainable, ensure food security, better allocate capital, labor and land, and place people at its center.

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World Bank Highlights Water-Related Disasters in the MENA Region [viewed]

World Bank21 March 2014: The World Bank has released a report, titled ‘Natural Disasters in the Middle East and North Africa (MENA): A Regional Overview,' which highlights disaster risk management (DRM) and the World Bank's response in the region. The report identifies urbanization and associated increased flood risk, water scarcity and impacts of climate change as the main challenges facing the region.

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World Bank Launches Disaster and Climate Data Guide [viewed]

gfdrr19 March 2014: The World Bank has launched the Open Data for Resilience Initiative (OpenDRI) Field Guide, which sets basic standards for open source creation and communication of disaster and climate change information. The Guide was developed by the Global Facility for Disaster Reduction and Recovery (GFDRR).

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Event: FCPF Carbon Fund Ninth Meeting (CF9) [viewed]

The meeting of the Forest Carbon Partnership Facility (FCPF) Carbon Fund will review funding proposals from Chile, the Democratic Republic of the Congo, Ghana, Mexico, Nepal, Peru, and the Republic of the Congo. The meeting will also consider General Conditions of a future Emission Reductions Payment Agreement (ERPA) and review the Pricing Approach.  

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