World Bank

September 2014 Water Finance Update [viewed]

wb.adb.ebd.afdb.gefSeptember 2014: During the month of September, the World Bank, Global Environment Facility (GEF), Asian Development Bank (ADB), African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) issued loans and highlighted work to address water-related issues including: conserving aquatic biodiversity; improving climate resilience; expanding water, sanitation and hygiene (WASH) services; implementing integrated water resources management (IWRM); and reducing disaster risk from flood and drought.

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CEOs, Finance Ministers Address Climate Change at World Bank, IMF Meetings [viewed]

WB and IMF13 October 2014: The 2014 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) tackled some of the most pressing issues and risks facing the world today, such as the Ebola epidemic, unrest in the Middle East, climate change and lack of money for critical infrastructure.

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World Bank Links Energy Subsidy Reform to Job Creation in MENA Region [viewed]

World Bank8 October 2014: A study by the World Bank finds evidence of a positive relationship between fuel prices, per capita gross domestic product (GDP) growth and job creation, and encourages the governments of the Middle East and North Africa (MENA) region to cut energy subsidies in order to build dynamic, employment-intensive economies. The study, titled ‘Corrosive Subsidies,' also projects economic growth in the MENA transition countries to be hampered by macroeconomic imbalances and unfinished subsidy reform.

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Event: 24th Adaptation Fund Board Meeting [viewed]

The Adaptation Fund Board (AFB) will hold its 24th meeting to hear reports from the Chair, the secretariat, the Accreditation Panel, the Project and Programme Review Committee (PPRC), and the Ethics and Finance Committee (EFC). The Board will also take up items remaining from its 23rd meeting, including: a strategic discussion of objectives and steps for the Fund; report from the fundraising task force; implementation of the readiness programme; and the second review of the Fund. Other agenda items include: communication and outreach; financial issues with regard to the Trust Fund, certified emission reduction (CER) monetization and project/programme pipeline; issues related to regional projects/programmes; dialogue with civil society organizations (CSOs); and election of the Chairs and Vice-Chairs of the Board, PPRC, EFC and Accreditation Panel.  

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Water Economists Address Efficiency and Water Conservation [viewed]

World Bank29 September 2014: The 11th meeting of the International Water and Resource Economics Consortium (IWREC), hosted by the World Bank, discussed the latest research on the economics of water management, focusing on the theme “Efficiency and Water Conservation.”

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September 2014 Sustainable Energy Finance Update [viewed]

climatefinanceoctSeptember 2014: During the month of September, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in various countries, including Albania, Burkina Faso, Jordan, Kazakhstan, Peru and Republic of Congo.

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September 2014 Climate Finance Update [viewed]

adb-afdb-eib-idb-cif-worldbank-gef-ifad1 October 2014: In September 2014, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), Climate Investment Funds (CIF), the Global Environment Facility (GEF), the International Fund for Agricultural Development (IFAD) and the World Bank reported on various climate finance developments, including in the areas of green bonds, transport, forest emissions and climate resilience.

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Urgency of Healthy Oceans Stressed by Experts, Officials [viewed]

italy-palau-monaco26 September 2014: At a high-level special event on ‘Healthy Oceans and Seas: Paving the Way Towards a Sustainable Development Goal,' participants addressed specific ways to conserve and promote the sustainable use of oceans, seas and marine resources, in relation to the proposed SDG 14. Climate change was also a strong theme of the discussion.

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Resilient Cities Acceleration Initiative Launched at UN Climate Summit [viewed]

climate-summit-201425 September 2014: During the UN Climate Summit, commitments were made to: raise US$2 billion for cities at risk from extreme weather events due to climate change; help 500 local governments develop resilience action plans by 2020; and double the number of cities and partners committed to building resilience by the end of 2015.

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World Bank Identifies Clean-Tech Market Opportunities for SMEs [viewed]

world-bank-group24 September 2014: The World Bank Group has released a report, titled ‘Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries,' which quantifies opportunities for small and medium-sized enterprises (SMEs) in developing countries to generate profits and create jobs, while providing solutions to climate challenges.

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