World Bank

AGWA Launches Toolkit for Climate Change Adaptation in Water Resources Management [viewed]

agwa4 September 2014: The Alliance for Global Water Adaptation (AGWA) and partners have launched a manual for dealing with uncertainty under climate change by applying climate-informed decision-making to water resource management, project design and risk evaluation. The manual was launched in a seminar held during World Water Week, on 4 September.

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UN-REDD and FCPF Welcome Civil Society Observers [viewed]

unredd-forestcarbon28 October 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) and the Forest Carbon Partnership Facility (FCPF) have announced the outcomes of the self-selection process for Civil Society Observers.

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Philippines National Budget "Tags" Climate Change Response Funds [viewed]

World Bank-Philippines24 October 2014: In the Philippines, 53 national agencies have begun the process of "tagging" proposed climate change funding in their 2015 national budget submissions. With over 5% of the total tagged as climate change expenditures, the system intends to make the tracking, strategy and prioritization of the national response to climate change more transparent.

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CIF, CPI Publish Background Paper on Geothermal [viewed]

CIFOctober 2014: A background report prepared by the Climate Policy Initiative (CPI) for the Climate Investment Funds (CIF) finds that, overall, geothermal is cost competitive with its fossil fuel alternatives, even in the absence of a carbon price. At a levelized cost of electricity (LCOE) of 9-13 US cents per kilowatt-hour (kWh), it is among the least expensive renewable sources of power. However, the publication points out that more deployment is needed for geothermal to achieve its full potential.

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Seychelles Qualifies for World Bank Resilience Financing [viewed]

World Bank15 October 2014: The World Bank announced that Seychelles has become the first African country to gain access to the Bank's contingency financing to help build resilience and better respond to natural disasters, such as cyclones, flooding and landslides. The financing will allow Seychelles to access a reserve of US$7 million in the aftermath of any natural disaster declared an emergency by the government.

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Event: First Bangladesh SE4ALL Investor Forum [viewed]

The World Bank, Asian Development Bank (ADB) and US Department of State have partnered with the Government of Bangladesh to organize the first Bangladesh SE4ALL Investor Forum. The Forum will cover the global status of SE4ALL activities, opportunities for SE4ALL investment in Bangladesh and the current investment climate in the country. Participants will hear remarks from Mohinder Gulati, SE4ALL Chief Operating Officer; Tapos Kumar Roy, Additional Secretary in Bangladesh's Ministry of Power, Energy, and Mineral Resources; US Ambassador Dan Mozena; and high-level World Bank, ADB and German Government officials. The second day of the Forum (by invitation only), will feature presentations by project proponents.  

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GCF Publishes Compilation of Submissions on Investment Framework [viewed]

green-climate-fund-newOctober 2014: The Green Climate Fund (GCF) has published a compilation of submissions on the Fund's investment framework. Following the adoption of the Fund's initial investment framework in August 2014, the GCF Board's Investment Committee is considering elements for further development of the framework, including: definitions for activity-specific sub-criteria and a set of activity-specific indicators; minimum benchmarks for each criterion, consideration of best practices of other institutions; and identification and comparison of methodologies for assessing the relative quality and innovativeness of comparable funding proposals in comparable circumstances.

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World Bank Organizes “Boot Camp” for Green Businesses in Viet Nam [viewed]

World Bank17 October 2014: The World Bank and the Asian Development Bank (ADB) have created a course to support Vietnamese businesses in developing sustainable energy-related solutions and adaptation technologies in the transport, agricultural and water sectors. The ‘Clean Tech Bootcamp,' which consisted of lectures and workshops for 24 small- and medium-size clean-technology start-up companies, will be proceeded with support from a local business hub, to be established in the second half of 2014.

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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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