World Bank

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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CIF Governing Body Confirms Funds' Mandate [viewed]

CIF20 November 2014: The semi-annual Climate Investment Funds (CIF) governing body meetings concluded in a unanimous commitment to the CIF mandate in the future in order to ensure continuity of climate finance and action. The meeting also emphasized the need to maintain diversity of financing options, and complementarity and coherence of CIF with other sources of climate finance.

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Event: Aplicación del Marco de Evaluación de Opciones en México: Hacia la Construcción de Mecanismos de Distribución de Beneficios [viewed]

This webinar, convened by the Program on Forests (PROFOR) and Mexico's National Forestry Commission (CONAFOR), will provide an opportunity for participants to learn more about the benefit sharing mechanisms developed for Mexico's REDD+ programme. The event will introduce the evaluation of the institutional, legal and financial setting for benefit sharing as well as the resulting suggestions for a best practice benefit sharing mechanism. The event will be held in Spanish.  

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Event: Law, Governance and Climate Change: An International Law and Policy Workshop [viewed]

In parallel to the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, the Centre for International Sustainable Development Law (CISDL) is organizing a workshop to consider how international law and governance can better respond to climate change, what universal human rights can contribute to legal responses to climate change, how climate laws could promote respect for human rights, and how innovative legal instruments can deliver more sustainable landscapes and energy. Sessions will be organized around themes such as: international human rights; economic and environmental law; sustainable development; and designing new collaborative research agendas on law, governance and climate change. During the workshop, a new legal working papers series on public participation and climate change and a series of legal briefs on sustainable development of biofuels and renewable energy will be launched. Co-organizers of the event include: Lauterpacht Centre for International Law (LCIL) at the University of Cambridge; the Centre for Advanced Studies in Environmental Law and Policy (CASELAP) of the University of Nairobi; the Centre for Climate Resilience Research (CR2) of the University of Chile; Centre for Climate Justice and Chittagong University of Bangladesh; Fundacion Ecos and St Clare's College of Uruguay; Sociedad Peruana de Derecho Ambiental of Peru (SPDA); Universidad Catolica of Peru; the Organization of American States (OAS); the Centre for International Forestry Research (CIFOR); and Climate Change and the Law Community of Practice of the World Bank's Global Forum on Law, Justice and Development.  

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World Bank Highlights Social Protection Systems to Manage Disaster Risk [viewed]

world-bank-group6 November 2014: The Government of the Philippines and the World Bank Group (WBG) hosted the first regional conference on 'Strengthening Social Protection Systems to Manage Disaster and Climate Risk in Asia and the Pacific,' which aimed to capture lessons on how countries could better respond to natural disasters through social protection systems.

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October 2014 Sustainable Energy Finance Update [viewed]

energy-financeOctober 2014: During the month of October, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), Inter-American Development Bank (IDB), the World Bank and other donors undertook activities and approved funding for sustainable energy projects in, among other countries, Albania, Austria, Azerbaijan, Comoros, Guyana, Kenya, the Maldives, Mali, Moldova, Morocco, the Netherlands, Romania, Ukraine, Uruguay, Turkey, and Viet Nam.

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