World Bank

FCPF Presents Progress Update to FIP [viewed]

Forest Carbon19 November 2014: The Forest Investment Program (FIP) Sub-Committee heard a progress update from the Forest Carbon Partnership Facility (FCPF), which highlighted that 11 additional countries have been selected for inclusion in FCPF and that a Readiness Assessment Framework and a Methodological Framework have been approved for the FCPF Readiness Fund and Carbon Fund, respectively.

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FAO, World Bank Quantify Benefits of No-till Agriculture in Ukraine [viewed]

fao-worldbank5 December 2014: The national annual benefits from no-till conservation agriculture in Ukraine could counterbalance natural capital depletion caused by soil erosion, according to an analysis by the Food and Agriculture Organization of the UN (FAO) and the World Bank. Their report, titled ‘Ukraine: Soil Fertility to Strengthen Climate Resilience,' provides recommendations on addressing soil erosion, climate change impacts and excessive land tillage in Ukraine.

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Adaptation Fund, CDKN Announce 'Climate Finance Ready' Website [viewed]

adaptation-fund-cdkn5 December 2014: The Adaptation Fund and the Climate and Development Knowledge Network (CDKN) announced their creation of a new website called Climate Finance Ready. The website will serve as an online platform for climate finance readiness, by highlighting best practices, articles, links and opportunities for sharing experiences.

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UNDP, Mitsubishi UFJ Announce Shortlisted Proposals for Climate Finance Award [viewed]

World Bank UNDP3 December 2014: The UN Development Programme (UNDP) MDG Carbon and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. have announced 12 shortlisted proposals for the Climate Finance Innovation Award. The winning proposal will be awarded US$10,000.

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Guest Article #118: The Adaptation Fund's Success Story [viewed]

In just a few short years, the Adaptation Fund (AF) has built a focused, effective, and transparent climate adaptation financing instrument that directly aids the most vulnerable communities in developing countries.

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World Bank Loan to Help Uruguay Mitigate Climate Shocks [viewed]

World Bank2 December 2014: The World Bank Group has approved a US$200 million loan to stabilize electricity costs and tariffs in the event of droughts in Uruguay, with the aim of avoiding financial pressures that might affect the government's ability to provide services to the poor. The loan will contribute to providing insurance coverage to support the Energy Stabilization Fund in mitigating climate shocks while helping to diversify the country's energy sector.

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AfDB, World Bank Partner to Improve Hydromet Services in Africa [viewed]

AfDB27 November 2014: The African Development Bank (AfDB) and the World Bank held a seminar on improving Africa's hydrological and meteorological systems in order to capture weather and climate data and disseminate information to assist in development planning. Discussions emphasized the critical role of hydrometeorological services in providing information to support economic development and build resilience in many sectors in Africa, including disaster risk reduction and management, water, agriculture, transport, energy, public health and aviation safety and security.

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November 2014 Climate Finance Update [viewed]

adb-eib-idb-wb-ifad-unidoNovember 2014: During November 2014, the African Development Bank (AfDB), the International Fund for Agricultural Development (IFAD), the UN Industrial Development Organization (UNIDO) and the World Bank reported on project approvals and progress in ongoing projects in Africa and Asia. AfDB, the Asian Development Bank (ADB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB) and the World Bank launched publications on, inter alia, climate adaptation technologies, urban climate resilience and climate finance.

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World Bank Report: 'New Climate Normal' Severe Risk to Development [viewed]

World Bank23 November 2014: Warming nearing 1.5°C above pre-industrial levels “is already locked into the Earth's atmospheric system by past and predicted greenhouse gas (GHG) emissions,” according to the third installment in the World Bank's ‘Turn Down the Heat' series. ‘Turn Down the Heat: Confronting the New Climate Normal' examines the risks increased climate change poses to development across Latin America and the Caribbean, Eastern Europe and Central Asia and the Middle East and North Africa.

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FCPF Releases Chair's Summary of CF11 [viewed]

Forest CarbonNovember 2014: The Forest Carbon Partnership Facility (FCPF) has published the ‘Chair's Summary' of the eleventh meeting of the Carbon Fund (CF11). A key agenda item for CF11 was the review of Emission Reductions Program Idea Notes (ER-PINs) for potential selection into the Carbon Fund pipeline. The Chair notes that the review concluded by welcoming Guatemala and Peru into the FCPF pipeline.

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