World Bank

June 2015 Climate Finance Update [viewed]

june2015-climatefinance11 July 2015: During the month of June, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the World Bank, the Adaptation Fund, the World Agroforestry Centre, the UN Office for Disaster Risk Reduction (UNISDR), the Caribbean Development Bank (CDB), the Global Environment Facility (GEF), the Green Climate Fund (GCF) and the UN Environment Programme (UNEP) DTU Partnership reported on climate finance projects and other related news. ADB, AfDB, GCF, the World Bank, the International Finance Corporation (IFC), the Partnership for Market Readiness (PMR), the Climate Investment Funds (CIF), the UNEP Finance Initiative (UNEP FI) and the International Fund for Agricultural Development (IFAD) launched publications.

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East African Parliamentarians Join Forces to Reduce Disaster Risk [viewed]

unisdr-wb-uganda26 June 2015: Parliamentarians from Burundi, Kenya, Rwanda, Tanzania and Uganda have joined in an effort to reduce the impacts caused by natural threats, epidemics and manmade hazards, by setting up a mechanism that aims to boost governance to reduce disaster risk and reinforce the capacity of populations to build sustainable livelihoods. The East African Disaster Risk Reduction Parliamentarian Platform was established during a June 2015 meeting, organized by the Government of Uganda with support from the World Bank and in collaboration with the Uganda Parliamentarian Forum for Disaster Risk Reduction (DRR).

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Event: First Annual Forests and Livelihood: Assessment, Research and Engagement (FLARE) Network Conference [viewed]

The International Forestry Resources and Institutions (IFRI) research network, the Program on Forests (PROFOR), and the Musée de l'Homme Research Group on Social and Natural Evolution are convening this workshop to improve the assessment of forest governance approaches as a contribution to improved forest livelihoods, biodiversity conservation and sustainable use, and climate change mitigation and adaptation. The workshop will consider six themes: forest governance and landscapes, agricultural commodities, social and biological aspects of forest dependence, impact evaluations, pathways to prosperity, and climate variability and change.  

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World Bank, IEA Rank Asia as Top Sustainable Energy Performer [viewed]

world-bank-iea18 June 2015: The World Bank and the International Energy Agency (IEA) published the second edition of the ‘Sustainable Energy for All Global Tracking Framework,' which evaluates global progress toward the three goals of the Sustainable Energy for All (SE4ALL) initiative. The report, which focuses on the period 2010-2012, finds that Asia was the best performing region, accounting for approximately 60% of the global progress on energy access and clean energy objectives.

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Malawi, Partners Assess Flooding Loss and Damage, Recovery Costs [viewed]

gfdrr-eu-un18 June 2015: With technical support from the World Bank Global Facility for Disaster Reduction and Recovery (GFDRR), the UN and the EU, the Government of Malawi carried out a Post-Disaster Needs Assessment (PDNA) in the aftermath of the 2015 floods in Malawi, launching the findings on 18 June 2015, in Malawi. The assessment aimed to quantify the loss and damage from the floods, and estimate recovery and reconstruction costs. The assessment shows total loss and damage of US$335 million, while total recovery and reconstruction costs are approximately US$494 million.

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World Desertification Day 2015 Showcases Champions of Land Restoration [viewed]

wdcd201517 June 2015: The global observance event for the 2015 World Day to Combat Desertification (WDCD), which took place in Milan, Italy, on 17 June as part of the ongoing UN EXPO Milano, featured high-level speakers, visual and verbal testimonies from community representatives and well-known personalities, and a live music show by the Senegalese band, Titi & Baribagass. The celebrations recognized the 2015 winners of the UN Convention to Combat Desertification (UNCCD) 'Land for Life Award' and international short-writing and cartoon contests, as well as 34 new National Drylands Champions from Brazil and Portugal.

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Multilateral Development Banks Report 19% Increase in Climate Finance [viewed]

mdbs-logos-pr-header16 June 2015: Six multilateral development banks (MDBs) have launched the fourth edition of their annual joint report on climate finance. The report finds that, in 2014, the MDBs committed more than US$28.35 billion in financing to developing countries and emerging economies, with US$23.28 billion dedicated to mitigation efforts, and US$5.07 billion to adaptation work.

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Event: Third Geothermal Dialogue [viewed]

The Climate Investment Funds (CIF) and Climate Policy Initiative are organizing the third in a series of Geothermal Dialogues that bring together major actors from the world of energy finance in developing countries, to explore how to scale renewable energy deployment. Building upon the first Geothermal Dialogue in 2014 and the second Geothermal Dialogue in March this year, the meeting will assemble countries receiving support from the Climate Investment Funds for geothermal projects and host countries involved in other geothermal projects, donor countries, project developers and financiers, multilateral development banks, representatives from the CIF Administrative Unit and a few selected additional participants.  

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GEF Council Approves Largest Proposed Work Program in History of GEF Financing [viewed]

Participants at the 48th meeting of the GEF Council 4 June 2015: The 48th meeting of the Global Environment Facility (GEF) Council adopted the largest proposed Work Program in the history of GEF financing, involving a total of US$709 million of GEF Trust Fund resources, plus an indicative amount of US$4.81 billion in co-financing. The Work Program encompasses Integrated Approach Pilots (IAPs) on sustainable cities, food security in sub-Saharan Africa, and taking deforestation out of commodity supply chains, as well as other projects and programs.

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CEM6 Announces Actions for Global Clean Energy Transition [viewed]

CEM6 Participants28 May 2015: During the sixth Clean Energy Ministerial (CEM6), “ambitious actions to accelerate the global transition to clean energy” were announced, including global efforts addressing critical technology and policy challenges of efficient lighting, low-carbon power systems and information availability regarding low-carbon development policies. At CEM6, ministers agreed to launch an enhanced, second phase of work under the CEM, referred to as “CEM 2.0.”

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