World Bank

UNEP Launches District Energy in Cities Initiative in Europe, Central Asia [viewed]

UNEP Logo30 April 2015: The UN Environment Programme (UNEP) launched its District Energy in Cities initiative in the European and Central Asian region during a workshop co-hosted with the World Bank's International Finance Corporation (IFC). At the workshop, several countries and cities committed to meeting climate change targets through modern district energy systems.

read more »

12th Carbon Fund Meeting Considers Extension Beyond 2020 [viewed]

Forest Carbon1 May 2015: Participants at the 12th meeting of the Carbon Fund (CF12) considered, inter alia: the extension of the Fund's term beyond 2020; the 2016 budget proposal; and the Emission Reduction Programme Document (ER-PD) business process and Technical Advisory Panel (TAP) terms of reference (TOR). The meeting also provided an opportunity to share early ideas on ER-Programme Idea Notes (ER-PINs), including from Argentina, Cameroon, Cote d'Ivoire, the Dominican Republic, Fiji, Guyana, Laos, Mozambique and Nicaragua.

read more »

April 2015 Climate Finance Update [viewed]

April 2015 Climate Finance30 April 2015: During April 2015, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Adaptation Fund, the Climate Investment Funds (CIF), the Green Climate Fund (GCF), the World Bank, Climate Finance Options and the UN Environment Programme (UNEP) DTU Partnership reported on project news and other climate finance-related developments.

read more »

April 2015 Water Finance Update [viewed]

afdb_gef_idb_gwpApril 2015: During the month of April, international financial institutions (IFIs), including the African Development Bank (AfDB), Global Environment Facility (GEF), Inter-American Development Bank (IDB) and World Bank, announced financing for projects related to water resource management, sanitation services and water conflict resolution. In addition, the Global Water Partnership (GWP) undertook an initiative for climate-proofing water investment in the Caribbean.

read more »

Public and Private Sectors Progress REDD+ Implementation [viewed]

UN-REDD Programme21 April 2015: New commitments and partnerships to reduce the contribution of deforestation and forest degradation to climate change continue across the public and private sectors.

read more »

World Bank/IMF Spring Meetings Address Climate Change, FfD and Post-2015 Development Agenda [viewed]

spring_201520 April 2015: At their annual Spring Meetings, the World Bank Group (WBG) and the International Monetary Fund (IMF) addressed a range of issues, from climate change, financing for development (FfD) and the post-2015 development agenda, to the Ebola crisis, job creation, fiscal stability, and fragility and conflict. On the sidelines of the Spring Meetings, the Development Committee held its 91st meeting.

read more »

ECOSOC Begins Meeting with BWIs on Post-2015, FfD [viewed]

ECOSOC20 April 2015: The UN Economic and Social Council (ECOSOC) began its annual special high-level meeting with the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO), and the UN Conference on Trade and Development (UNCTAD), with a focus on the theme of ‘Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda.' The meeting brought representatives of the Bretton Woods Institutions (BWIs) together with UN Member States to discuss post-2015 development and the Third International Conference on Financing for Development (FfD 3).

read more »

African Countries Prepare for Paris Climate Negotiations at Seventh Africa Carbon Forum [viewed]

AfricaCarbonForum15 April 2015: Intended nationally determined contributions (INDCs) to the anticipated 2015 climate change agreement will be essential for durable African economies, according to remarks made by UNFCCC Deputy Executive Secretary Richard Kinley at the Seventh Africa Carbon Forum. Speaking on the outcomes needed for a successful Paris Climate Change Conference, Kinley told African countries gathered at the Forum that "INDCs are each country's opportunity to express their development priorities."

read more »

Development Finance Institutions Work on Principles for Tracking Climate Finance [viewed]

world_bank_idfc3 April 2015: Over two dozen development finance institutions are working on common sets of principles that each will use for tracking climate finance. The first set for tracking mitigation finance has been agreed and similar principles for tracking adaptation finance and the ability to leverage finance will follow later this year. Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, said that common methodologies will help “build trust that climate finance is flowing.”

read more »

FIP Establishes Dedicated Fund for Indigenous Peoples and Local Communities [viewed]

wb_cif_ci31 March 2015: The World Bank has approved a climate investment mechanism to be implemented by indigenous peoples and local communities seeking to address deforestation and forest degradation.

read more »