World Bank

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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UNFF Launches Website to Support Financing for SFM [viewed]

UnffJanuary 2015: The UN Forum on Forests (UNFF) launched a website to support the ongoing Facilitative Process adopted to assist developing countries in identifying and accessing financing for sustainable forest management (SFM). The Facilitative Process is based on the tenants of a bottom-up approach that takes into account the multiple uses and values of forests as well as the range of ecosystem services they provide.

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World Bank Investments to Fuel Largest Solar Project in Central America [viewed]

World Bank-IFC-CIF13 January 2015: The World Bank Group's International Finance Corporation (IFC) and the Climate Investment Funds (CIF) have announced financing to help SunEdison build the largest solar photovoltaic (PV) development in Central America to date. A total investment of US$146 million will support the construction of 81.7 megawatts (MW) of solar PV in Honduras.

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Event: An Introduction to the What, Why and How of Forest Governance Assessment [viewed]

This World Bank e-institute online webinar explains the 3-pillar framework for forest governance developed by the Food and Agriculture Organization of the UN (FAO) and the Program on Forests (PROFOR). Targeting REDD+ and Forest Investment Program (FIP) practitioners, the webinar aims to increase understanding of forest governance, build capacity for conducting and assessing forest governance and identify opportunities for stakeholder engagement.  

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Event: Eighth India Climate Policy and Business Conclave [viewed]

This annual event, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI), will center on climate policy and carbon markets, with a special focus on the role and responses of businesses, including industry initiatives and case studies on global climate policy and negotiations. FICCI is organizing the Conclave in partnership with the Ministry of Environment, Forests and Climate Change of India, the World Bank, and the Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety of Germany, with support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) India. The event will feature a master class on nationally appropriate mitigation actions (NAMAs), focusing on the design and framework of NAMAs.  

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December 2014 Sustainable Energy Finance Update [viewed]

AfDB-ADB-EBRD-EIB-IDB-GEF-WB-CIFDecember 2014: During the month of December, the Asian Development Bank (ADB), African Development Bank (AfDB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Global Environment Facility (GEF), Inter-American Development Bank (IDB), World Bank and other donors undertook activities and approved finance for sustainable energy projects in, among other countries, Bhutan, Chile, China, Egypt, Ethiopia, Guatemala, Haiti, Honduras, Kyrgyzstan, Morocco, Nepal, Nigeria, Poland, Suriname, Swaziland, Tajikistan, Trinidad and Tobago, Ukraine, Uruguay, Zambia and Zimbabwe.

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