World Bank

World Bank Assesses Impacts of Climate Change on Coastal Wetlands [viewed]

World Bank1 March 2013: The World Bank has released a study titled "Sea-level rise and coastal wetlands: impacts and costs," which warns that a one-meter rise in sea levels from climate change could destroy over 60% of the developing world's coastal wetlands currently found at one meter or less elevation.  This scenario could provoke economic losses of around $630 million per year.

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Event: Right Here Right Now [viewed]

The Connect4Climate event "Right Here Right Now" aims to celebrate youth's engagement in climate change action. With a keynote address by World Bank President Jim Yong Kim, the event will launch the Africa charity CD, "C4C special edition Rhythms del Mundo," which features live performances by Kenyan rappers TS1, award-winning Malian musician Rokia Traore, and a live DJ set by MTVs Izzy Lawrence. Other event participants include: Sustainable Development Network Vice President Rachel Kyte; External Affairs Vice President Cyril Muller; Africa Vice President Makhtar Diop; Global Environment Facility (GEF) CEO and Chairperson Naoko Ishii; Italian Minister of the Environment Corrado Clini; and Nobel Prize Laureate Betty Williams. Launched by the World Bank, the Italian Ministry of Environment, and the GEF in collaboration with over 150 knowledge partners in September 2011, Connect4Climate (C4C) is a global partnership programme dedicated to climate change communication. The event will be streamlined live at the website: connect4climate.org  

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Delhi Clean Energy Conference Discusses Clean Energy Progress and Cooperation in Emerging Economies [viewed]

25 February 2013: The Clean Energy Ministerial (CEM) has reported on the outcomes of the Delhi Clean Energy Conference, which showcased clean energy progress in emerging economies and initiated the development of a South-South-North Knowledge and Collaboration Partnership in Clean Energy.

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ESMAP Bulletin Highlights Electricity Technology Assessment Model, Energy Access and Activity Database [viewed]

22 February 2013: The latest e-bulletin of the World Bank's Energy Sector Management Assistance Program (ESMAP) highlights: efforts to integrate externalities into electricity supply decisions; a new online ESMAP activity database; and a report on extending access to energy in Rwanda.

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SPC Announces Funding for Development of Sustainable Energy in Pacific SIDS through SIDS DOCK [viewed]

18 February 2013: The Secretariat of the Pacific Community (SPC) has announced that the Government of Denmark has provided US$4 million for the development of clean and sustainable energy in the Federated States of Micronesia (FSM), Palau, the Marshall Islands (RMI), Solomon Islands, Tonga, Tuvalu and Vanuatu. The finance has been provided through the Small Islands Developing States (SIDS) DOCK mechanism.

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IFC Issues US$1 Billion in Green Bond Program to Climate-Friendly Projects [viewed]

14 February 2012: The International Finance Corporation (IFC) has issued US$1 billion through its Green Bond Program. As the largest finance bond scheme so far, IFC aims to engage large-scale investors from the private sector to support climate change projects in developing countries.

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IBD Fund Approved to Support Small Guyanese Enterprises in Low-Carbon Sectors [viewed]

IDB28 February 2013: Approved by it's Board of Directors on 27 February 2013, the Inter-American Development Bank (IDB) will administer a US$5 million grant program to support implementation of the portion of Guyana's Low Carbon Development Strategy (LCDS) devoted to expanding microfinance for micro and small enterprises in low-carbon sectors (LCSs).

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G20 Finance Ministers Call for Phase-out of Inefficient Fossil Fuel Subsidies [viewed]

16 February 2013: The Group of 20 (G20) Finance Ministers and Central Bank Governors' Meeting took place from 15-16 February 2013, in Moscow, Russian Federation, and concluded with the adoption of a communiqué in which G20 Finance Ministers commit to report on progress made to rationalize and phase-out, over the medium-term, inefficient fossil fuel subsidies that encourage wasteful consumption, while providing targeted support for the poorest.

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CIF Annual Report Focuses on the "Climate for Change" [viewed]

14 February 2013: The Climate Investment Funds (CIF) has released its 2012 annual report, titled "Creating the Climate for Change." In its fourth year of operations, the fund is in expansion with over 70 new countries asking for support.

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IEA Bioenergy Annual Report Highlights Risks and Opportunities of Bioenergy [viewed]

12 February 2012: The 2012 Annual Report of the International Energy Agency's Implementing Agreement on Bioenergy (IEA Bioenergy) features an article on "Biomass Feedstocks for Energy Markets," and provides an overview of activities of the Executive Committee (ExCo) and the 12 ongoing Tasks during 2012.

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