World Bank

Public and Private Sectors Progress REDD+ Implementation [viewed]

UN-REDD Programme21 April 2015: New commitments and partnerships to reduce the contribution of deforestation and forest degradation to climate change continue across the public and private sectors.

read more »

World Bank/IMF Spring Meetings Address Climate Change, FfD and Post-2015 Development Agenda [viewed]

spring_201520 April 2015: At their annual Spring Meetings, the World Bank Group (WBG) and the International Monetary Fund (IMF) addressed a range of issues, from climate change, financing for development (FfD) and the post-2015 development agenda, to the Ebola crisis, job creation, fiscal stability, and fragility and conflict. On the sidelines of the Spring Meetings, the Development Committee held its 91st meeting.

read more »

ECOSOC Begins Meeting with BWIs on Post-2015, FfD [viewed]

ECOSOC20 April 2015: The UN Economic and Social Council (ECOSOC) began its annual special high-level meeting with the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO), and the UN Conference on Trade and Development (UNCTAD), with a focus on the theme of ‘Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda.' The meeting brought representatives of the Bretton Woods Institutions (BWIs) together with UN Member States to discuss post-2015 development and the Third International Conference on Financing for Development (FfD 3).

read more »

African Countries Prepare for Paris Climate Negotiations at Seventh Africa Carbon Forum [viewed]

AfricaCarbonForum15 April 2015: Intended nationally determined contributions (INDCs) to the anticipated 2015 climate change agreement will be essential for durable African economies, according to remarks made by UNFCCC Deputy Executive Secretary Richard Kinley at the Seventh Africa Carbon Forum. Speaking on the outcomes needed for a successful Paris Climate Change Conference, Kinley told African countries gathered at the Forum that "INDCs are each country's opportunity to express their development priorities."

read more »

Development Finance Institutions Work on Principles for Tracking Climate Finance [viewed]

world_bank_idfc3 April 2015: Over two dozen development finance institutions are working on common sets of principles that each will use for tracking climate finance. The first set for tracking mitigation finance has been agreed and similar principles for tracking adaptation finance and the ability to leverage finance will follow later this year. Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, said that common methodologies will help “build trust that climate finance is flowing.”

read more »

FIP Establishes Dedicated Fund for Indigenous Peoples and Local Communities [viewed]

wb_cif_ci31 March 2015: The World Bank has approved a climate investment mechanism to be implemented by indigenous peoples and local communities seeking to address deforestation and forest degradation.

read more »

March 2015 Sustainable Energy Finance Update [viewed]

march_2015_sustainable_rnergyMarch 2015: Sustainable energy finance projects in Albania, Armenia, Chad, China, Georgia, Honduras, Latvia, Morocco, Poland, Romania, Ukraine and the EU were announced by the African Development Bank (AfDB), Asian Development Bank (ADB), Climate Investment Funds (CIF), European Bank for Reconstruction and Development (EBRD), European Commission, European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank during the month of March. In addition, the multilateral development banks (MDBs) and World Bank released publications related to sustainable energy finance, and EBRD and the World Bank hosted energy efficiency and renewable energy events.

read more »

March 2015 Climate Finance Update [viewed]

march_climate_finance_201531 March 2015: During the month of March 2015, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Center for International Forestry Research (CIFOR), the European Investment Bank (EIB), the UN Development Programme (UNDP)/World Bank Climate Finance Options (CFO) platform and the World Bank reported on climate finance projects, mechanisms and developments. ADB, EIB, the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Climate Investment Funds (CIF), the UN Environment Programme Finance Initiative (UNEP-FI) and the World Bank released publications and organized events.

read more »

Technologies to Support MRV and Track Private Sector Deforestation Commitments [viewed]

cifor_profor_unep_wcmc1 April 2015: During March, the month that marked the celebration of the International Day of Forests, a number of significant forest-related research studies, tools and technologies were released.

read more »

Event: Scaling Up Finance for Climate Action: A Public-Private Dialogue [viewed]

This event will focus on what it will take to close the climate finance gap in the lead-up to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC. World Bank Group President Jim Yong Kim and European Investment Bank (EIB) President Werner Hoyer will lead the discussion with policy makers, international financial institutions (IFIs), civil society and the private sector, focusing on ways to deliver the funds needed to transition to a low-carbon, resilient economy. Other speakers will include Rachel Kyte, World Bank Group Vice President and Climate Change Special Envoy, and Pierre Moscovici, European Commissioner for Economic and Financial Affairs.  

read more »