International Financial Institution

Global Partnership for Oceans Releases Blue Ribbon Panel Report [viewed]

globalpartnershipforoceans16 October 2013: A panel of leaders from 16 countries, representing government, the private sector and civil society, has released recommendations for actions to improve ocean health. The Blue Ribbon Panel was convened by the World Bank to provide multi-stakeholder perspectives on achieving ecological, social and economic goals in the management of global oceans in support of the Global Partnership for Oceans (GPO).

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Development Committee Endorses World Bank Group Strategy [viewed]

World Bank12 October 2013: On the occasion of the World Bank-International Monetary Fund (IMF) 2013 Annual Meeting, the Development Committee, which advises the two institutions, approved a new World Bank Group Strategy. The Strategy defines how the World Bank, the International Financial Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) should work together to deliver as ‘One World Bank Group.'

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World Bank Assesses Strategies to Fund Post-2015 Development [viewed]

World BankOctober 2013: A report from the World Bank calls for an expansion of actors and instruments and greater aid effectiveness in order to fund development needs in the post-2015 era. 'Financing for Development Post-2015' argues that "the world is experiencing a growing mismatch between available financing and investment needs."

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GCF Adopts Roadmap for Climate Change Resources Mobilization [viewed]

Green Climate Fund (GCF)11 October 2013: During its fifth meeting, the Board of the Green Climate Fund (GCF) developed a roadmap aimed at raising financial resources for the Fund to support developing countries in their efforts to address climate change.

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AfDB Launches Green Bond Programme for Financing Climate Solutions [viewed]

AfDB11 October 2013: The African Development Bank (AfDB) has launched its inaugural Green Bond, which aims to provide funding for low-carbon and climate-resilient projects, focusing on, inter alia, programmes for sustainable energy and resilient landscapes. It furthers AfDB's aim to increase the use of public-private partnerships to meet development challenges.

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ADB, International Rice Research Institute Collaborate on Climate-Resilient Rice [viewed]

ADB25 September 2013: The Asian Development Bank (ADB) has announced it is collaborating with the International Rice Research Institute (IRRI) to develop climate-resilient rice, as part of efforts to boost productivity in water-scarce and drought-prone areas. A first technical assistance project resulted in a yield increase of up to 30% with reduced water use.

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World Irrigation Forum Highlights Agriculture and Water Linkages [viewed]

worldirrigationforum10 October 2013: Agricultural water management stakeholders, including smallholder farmers, discussed food insecurity challenges at the First World Irrigation Forum (WIF), which took place in Mardin, Turkey. The Forum focused on water challenges affecting the agricultural sector, with the aim of discussing agricultural concerns not traditionally emphasized in other fora, such as the World Water Forums (WWFs).

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Effective Risk Management Critical to Poverty Eradication: 2014 World Development Report [viewed]

World Bank6 October 2013: According to the World Bank Group's 2014 World Development Report (WDR), titled ‘Risk and Opportunity: Managing Risk for Development,' effective risk management is critical in the fight to end poverty because it can provide both resilience to withstand adverse events and the ability to take advantage of development opportunities.

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African Stakeholders Discuss Green Climate Fund at AfDB Meeting [viewed]

AfDB7 October 2013: The African Development Bank (AfDB) coordinated an African stakeholder consultation meeting on the Green Climate Fund (GCF) with the purpose of promoting discussion on the design and the operationalization of the Fund among stakeholders in the region and the African Board Members of the GCF.

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World Mayors Summit Calls for Increased Financing for Local Climate Actions [viewed]

worldmayorscouncil2 October 2013: The World Mayors Summit on Climate Change brought together local and regional government representatives, who affirmed their commitment to scale up climate actions, urge engagement on climate change at the global level, and enhance access to finance.

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