World Bank

Adaptation Fund Approves Project in Belize, Accredits Namibian NIE [viewed]

Adaptation Fund19 August 2014: The Adaptation Fund has approved a US$6 million marine conservation and climate change adaptation project in Belize, and accredited the Desert Research Foundation of Namibia (DRFN) as a National Implementing Entity (NIE).

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Event: 2015 Spring Meetings of World Bank and IMF [viewed]

The 2015 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will bring together thousands of government officials, journalists, civil society organizations, academia and the private sector. The IMF's International Monetary and Financial Committee and the joint World Bank-IMF Development Committee will meet to discuss progress on the IMF's and the WBG's work. Seminars, regional briefings, press conferences and many other events focused on the global economy, international development and the world's financial markets will also be held.  

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Event: 2014 Annual Meetings of World Bank and IMF [viewed]

The 2014 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will bring together central bankers, ministers of finance and development, private sector executives and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness. Seminars, regional briefings, press conferences and other events focused on the global economy, international development and the world's financial system will be held. About 13,000 people are expected to attend this year's meetings. The Annual Meetings will open with a plenary on 10 October followed by meetings of the International Monetary and Financial Committee (IMFC) and of the Development Committee on 11 October. At the conclusion of each of these meetings, communiqués will be released providing guidance to the Executive Boards of the two institutions. A Civil Society Policy Forum will also be held, which will comprise a series of policy dialogue sessions and bring together Bank and Fund staff, civil society representatives, government officials and others.  

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First US-Africa Summit Addresses Energy, Food Security [viewed]

us.africa.summit6 August 2014: The US-Africa Summit, which brought together over 50 Heads of State from Africa and US President Barack Obama, addressed, inter alia: promoting inclusive sustainable development; expanding trade and investment ties; engaging young African leaders; and expanding cooperation on peace and security. The Summit also featured sessions on resilience and food security in a changing climate, and combatting wildlife trafficking.

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World Bank Announces US$5bn for Power Generation in Africa [viewed]

power.africa5 August 2014: The World Bank has committed US$5 billion in technical and financial support for energy projects in six African countries partnering with US President Barack Obama's Power Africa Initiative. The support will consist of direct financing, investment guarantees and advisory services for project preparation, with the aim of creating 2.5 GW in new electricity generation capacity.

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July 2014 Climate Finance Update [viewed]

EIB-CIF-AfDB-EBRD-World Bank-GEF31 July 2014: During July 2014, the European Investment Bank (EIB) and the Global Environment Facility (GEF) have reported on climate investments. Both the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) announced partnerships with the Climate Investment Funds (CIF) for a variety of climate-related investments. The World Bank also announced additional funding to be provided by CIF.

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July 2014 Sustainable Energy Finance Update [viewed]

World Bank-EBRD-EIB-ADB-AfDB-IDB-CDB31 July 2014: During the month of July, 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), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the Government of Germany, and other donors undertook activities and approved funding for sustainable energy projects in Armenia, Austria, Brazil, India, Indonesia, Israel, Kyrgyz Republic, Nepal, Poland, Sri Lanka, Tajikistan, Tunisia and Uruguay, among other countries.

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July 2014 Water Finance Update [viewed]

World Bank-AfDB-ADB-IDB-EBRD-GEFJuly 2014: The World Bank, the Global Environment Facility (GEF), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB) and the European Bank for Reconstruction and Development (EBRD) undertook a variety of activities during July. Projects were approved across Africa, Latin America, Asia and Europe, addressing issues such as transboundary water management, water, sanitation and hygiene (WASH) services, hydropower and climate resilience.

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Event: First Ministerial and Policy Conference on Sustainable Transport [viewed]

This conference is part of the Africa Sustainable Transport Forum, a high-level platform for discussion and policy decision making. The Forum aims to integrate sustainable transport into Africa's development and planning processes and increase funding to sustainable transport programmes in Africa, with the broader aim of improving access to transport, reducing air pollution and climate emissions, and improving road safety and health. The Forum also aims to share experiences from demonstration and pilot projects and foster South-South exchanges. The Forum intends to hold Ministerial conferences bi-annually, with Sub-Regional conferences in the interim years. The Forum is a partnership among the UN Environment Programme (UNEP), the UN Human Settlements Programme (UN-HABITAT) and the World Bank. UNEP hosts the Forum Secretariat.  

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World Bank Assesses Climate Resilience of Transboundary Water Treaties [viewed]

World Bank1 June 2014: The World Bank has released a Policy Research Working Paper, titled 'Climate Change, Conflict and Cooperation: Global Analysis of the Resilience of International River Treaties to Increased Water Variability,' which identifies allocation provisions and institutional mechanisms that can mitigate potential conflicts between basin States in the face of increasing water variability caused by climate change.

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