World Bank

African Sustainable Transport Forum Outcome Document Released [viewed]

astf15 December 2014: Following the inaugural conference of the African Sustainable Transport Forum (ASTF), an outcome document has been published that summarizes the ASTF's ministerial session and the ASTF Action Framework. The Framework includes 13 actions and an institutional structure for the ASTF Secretariat. It also presents a roadmap for sustainable transport in Africa, based on a harmonization of priority action areas identified by conference participants.

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World Bank Explores Climate Change-Poverty Relationship [viewed]

fao-worldbankNovember 2014: The World Bank Group has published a paper that explores the relationship between climate change and poverty by examining the impact of climate change on: poor people's livelihoods and wellbeing; the risk for non-poor people to fall into poverty; and the ability of poor people to escape poverty. The document, titled ‘Climate Change and Poverty: An Analytical Framework,' proposes four “channels” that determine household consumption and through which households may escape from or fall into poverty: prices, assets, productivity and opportunities.

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COP 20 Event Calls for Integrated Climate Risk Management [viewed]

limacop2011 December 2014: Investing now in disaster risk reduction (DRR) and resilience will pay off in the long-run, according to an event convened on the margins of the Lima Climate Change Conference. The event, titled 'Integrated Climate Risk Management (ICRM) for a Resilient World,' highlighted ICRM as an efficient and effective approach to reduce the risk of future losses and damages due to climate change.

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FCPF Releases 2014 Annual Report [viewed]

Forest CarbonDecember 2014: The Forest Carbon Partnership Facility (FCPF) has released its 2014 Annual Report, noting that there are now 47 FCPF Country Participants and highlighting the US$830 million raised by the Readiness Fund and Carbon Fund.

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FCPF Highlights Funding Commitments, Stakeholder Participation [viewed]

Forest Carbon11 December 2014: The Forest Carbon Partnership Facility (FCPF) has highlighted the full commitment of the FCPF US$465 million pipeline and the entry of Guatemala, Indonesia and Peru into the Fund.

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World Bank and GEF Partner with Colombia for Forest Conservation [viewed]

World Bank - GEF9 December 2014: The World Bank announced the approval of a Global Environment Facility (GEF) funded project to support improved forest governance and sustainable land management in Colombia.

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CIF Pledges Reach US$8.3 Billion [viewed]

CIF8 December 2014: The Climate Investment Funds (CIF) has received approximately US$765 million in funding for its four programmes, bringing total CIF contributions to approximately US$8.3 billion. The additional financing will enable the CIF to expand into more countries and bridge a financing gap faced by some of its programmes.

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World Bank President Highlights Role of Economic Transformation in Net Zero Emissions [viewed]

Worldbanklogo8 December 2014: In a speech to the Council on Foreign Relations in Washington DC, US, World Bank Group President Jim Yong Kim called on countries to price carbon, eliminate fossil fuel subsidies, create conditions favoring renewable energy and invest in projects that can withstand extreme weather events. He said a 2015 agreement must send signals to investors and financial markets that could help transform economies toward achieving zero net emissions of harmful pollutants before 2100, in order to keep temperature below 2°C. According to Kim, economic policy will be key to achieving this goal.

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Event: Transforming Transportation 2015: Smart Cities for Shared Prosperity [viewed]

Transforming Transportation 2015 will convene under the theme of Smart Cities for Shared Prosperity. Participants will examine how smart, connected urban mobility can improve quality of life in cities and discuss how the Sustainable Development Goals (SDGs) will impact urban transport, with an emphasis on data and technology, governance, and international financial flows. Transforming Transportation is an annual conference co-organized by the World Resources Institute's EMBARQ Initiative and the World Bank.  

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UNEP Launches Adaptation Gap Report 2014 [viewed]

limacop206 December 2014: The UN Environment Programme (UNEP) has launched its Adaptation Gap Report 2014 on the sidelines of the Lima Climate Change Conference. The report aims to identify adaptation needs and realities on the ground and focuses on funding, technology and knowledge gaps in developing countries. The report states that, by 2050, the annual cost of adaptation in developing countries will likely reach two to three times the US$70-100 billion previously estimated, even if mitigation goals are met.

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