World Bank

February 2015 Sustainable Energy Finance Update [viewed]

feb_2015_energy_financeFebruary 2015: In February, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), Climate Investment Funds (CIF) of the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and the UN Department of Economic and Social Affairs (UN-DESA) announced funding for sustainable energy projects. Recipient countries include Belarus, Chile, Colombia, Ecuador, Germany, Honduras, India and the UK.

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February 2015 Climate Finance Update [viewed]

afdb_eib_idb_cif_wbank and_citiFebruary 2015: During February 2015, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the World Bank and the Citi corporation reported on funding and new financial instruments. IDB, the Climate Investment Funds (CIF) and the World Bank launched publications on, inter alia, climate resilience, green growth and carbon pricing, and reported on a regional event in Asia.

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Event: Seventh Africa Carbon Forum [viewed]

The Seventh Africa Carbon Forum (ACF) will focus on finance, development and investment opportunities related to climate change and of interest to project developers and policymakers. Participants will learn about international carbon market trends, opportunities under the Green Climate Fund (GCF), efforts to increase demand for Clean Development Mechanism (CDM) credits and results-based financing opportunities. The Government of Morocco will host a high-level ministerial segment, during which African countries will have the opportunity to discuss expectations and planned contributions to the anticipated 2015 climate change agreement. ACF is jointly organized by the UNFCCC Secretariat, UN Environment Programme (UNEP), UNEP-DTU Partnership, World Bank, African Development Bank (AfDB) and International Emissions Trading Association (IETA).  

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World Bank Calls for Systematic Approach to Air Quality Management [viewed]

Worldbanklogo19 February 2015: A report examining the World Bank's activities in relation to air quality management and environmental health recommends a more systematic focus for enhanced impact. Drawing lessons from successful projects to date, the report calls for: better data and systematic monitoring of changes in air quality over time; an active dialogue with all stakeholders; integrated approaches; cross-sectoral involvement; and a combination of technical, policy and economic measures.

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World Bank Outlines Linkages Between Climate Change, Poverty Eradication [viewed]

World Bank6 February 2015: Climate change will have harsh effects on the world's poorest, the World Bank emphasizes in an article, titled 'Climate Change Complicates Efforts to End Poverty.' The article discusses the interlinkages between ending extreme poverty and addressing climate change and suggests policy interventions on both issues.

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UK Allocates £40 Million to BioCarbon Fund [viewed]

Worldbanklogo27 January 2015: The Government of the United Kingdom of Great Britain and Northern Ireland (UK) announced a contribution of £40 million to the World Bank administered BioCarbon Fund (BCF). The funding will support the BCF Initiative on Sustainable Forest Landscapes (ISFL) in order to reduce greenhouse gas (GHG) emissions from land use, deforestation and forest degradation.

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Report Examines Early Lessons from Jurisdictional REDD+ [viewed]

fcpf_wbJanuary 2015: The Nature Conservancy (TNC) and the Forest Carbon Partnership Facility (FCPF) completed an analysis of experiences in jurisdictional REDD+; that is REDD+ programmes implemented at the sub-national level rather than on a project-by-project basis. Overall, the report notes that a jurisdictional approach to REDD+ can work effectively across land types and engage a broad range of stakeholders, however working at such a large scale often presents significant challenges in terms of mobilizing technical and human capacity.

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World Bank Supports DRR in Timor-Leste, Mongolia [viewed]

Worldbanklogo6 February 2015: The World Bank signed a three-year US$2.7 million grant agreement to finance the Community-Based Disaster Risk Management (CBDRM) project along the Dili-Ainaro Road Corridor in Dili, Timor-Leste. Together with the National Disaster Management Agency (NEMA) and the Asian Disaster Preparedness Center (ADPC), it also hosted a training programme on ‘Disaster Risk Reduction' in Ulaanbaatar, Mongolia.

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January 2015 Climate Finance Update [viewed]

adaptation-fund-adb-cif-ebrd-idb-wb31 January 2015: During January 2015, the Adaptation Fund, the Asian Development Bank (ADB), the Climate Investment Funds (CIF) and the World Bank reported on new funding and projects, and on finance-related tools and capacity-building activities. ADB, the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB) and the World Bank published articles, studies and other material on, inter alia: climate proofing of transport infrastructure; vulnerability and resilience in cities; financial instruments; and carbon pricing and offsets.

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January 2015 Sustainable Energy Finance Update [viewed]

AfDB-ADB-CDB-EBRD-EIB-IDB-IRENA-SE4ALL-World Bank31 January 2015: In the first month of 2015, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB), International Renewable Energy Agency and Abu Dhabi Fund for Development (IRENA/ADFD), Sustainable Energy for All (SE4ALL) initiative and the World Bank financed projects, published reports and undertook various other activities related to sustainable energy.

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