World Bank

World Bank Assesses Climate Resilience of Transboundary Water Treaties [viewed]

World Bank1 June 2014: The World Bank has released a Policy Research Working Paper, titled 'Climate Change, Conflict and Cooperation: Global Analysis of the Resilience of International River Treaties to Increased Water Variability,' which identifies allocation provisions and institutional mechanisms that can mitigate potential conflicts between basin States in the face of increasing water variability caused by climate change.

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FCPF Welcomes Belize, Sudan and Uruguay [viewed]

Forest Carbon10 July 22014: The seventeenth meeting of the Forest Carbon Partnership Facility (FCPF) Participants Committee accepted Belize, Sudan and Uruguay into the Partnership. The Partnership now includes 47 countries.

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World Bank Issues First Catastrophe Bond [viewed]

worldbank-ccrif8 July 2014: The World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued its first catastrophe ("cat") bond, which will benefit the 16 member States of the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The bond, which is a three-year, US$30 million transaction under IBRD's Capital-at-Risk Notes Program, is linked to tropical cyclone and earthquake risk in CCRIF countries.

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FCPF Carbon Fund Selects Three Country Programmes [viewed]

worldbank-fcpfJuly 2014: The 'Chair's Summary' of the tenth meeting of the Forest Carbon Partnership Facility (FCPF) Carbon Fund (C10) has been released, with Duncan Marsh, C10 Chair, highlighting the selection of Chile and Viet Nam into the Carbon Fund pipeline. The Republic of the Congo, which also presented its Emission Reductions Program Idea Note (ER-PIN), was provisionally selected.

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Event: UN Private Sector Forum [viewed]

The 2014 edition of the UN Private Sector Forum will be held on the sidelines of the UN Secretary-General's Climate Summit, and will focus on carbon pricing, specifically actions that the public and private sectors can take to achieve an equitable and fair valuation of carbon through long-term strategies, investments and policies. Thus, the Forum aims to: enable business and investors to identify the contribution they can make towards pricing the cost of carbon emissions; and inspire public policy measures, commitments to action and public-private partnerships to achieve a carbon price. The Forum, convened by the UN Global Compact in cooperation with the World Bank Group, and with the support of UN partners, will be comprised of: a High-Level Luncheon, co-chaired by UN Secretary-General Ban Ki-moon and World Bank Group President Jim Yong Kim; and a Business and Civil Society Special Session, featuring leadership actions that businesses can take in cooperation with governments to address climate change. UN Secretary-General Ban Ki-moon has been convening the UN Private Sector Forum since 2008 during the opening session of the UN General Assembly in order to bring private sector's voice to intergovernmental debates on key topics.  

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Africa Carbon Forum Calls for Suitable Mechanisms [viewed]

AfricaCarbonForum4 July 2014: The sixth Africa Carbon Forum concluded that investments to support sustainable development and resilience in Africa must be scaled up to avoid undoing decades of development efforts. Forum presenters also called for regionally-suitable market and funding mechanisms, and reliable local environments for investment.

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GGKP Announces Green Growth Publications [viewed]

green-growth-plataform1 July 2014: The Green Growth Best Practices Initiative (GGBP) has published the first comprehensive global assessment of lessons and good practices in green growth planning, as highlighted in the Global Green Growth Knowledge Platform (GGKP) Knowledge Update. The assessment report, titled 'Green Growth in Practice: Lessons from Country Experiences,' consists of evaluations of green growth programs around the world, and was written by 75 authors engaged by the GGBP initiative.

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June 2014 Sustainable Energy Finance Update [viewed]

World Bank, IDB, GEF, EIB, EBRD, CIF, ADB, AFDB1 July 2014: During the month of June, the World Bank, the Global Environment Facility (GEF), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the Inter-American Development Bank (IDB) undertook activities and approved funding for sustainable energy projects in various countries, including: Kazakhstan, Moldova, Ukraine, Slovakia, Sweden, Ecuador, the Dominican Republic, Japan and South Africa.

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June 2014 Climate Finance Update [viewed]

ebrd-worldbank-adb-gef-eib-afdb30 June 2014: During the months of May and June, the Global Environment Facility (GEF), the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Climate Investment Funds (CIF) and the International Fund for Agricultural Development (IFAD) have reported on various climate finance activities and projects, or published reports or newsletters related to climate finance.

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CIF Expands to 63 Countries [viewed]

CIF28 June 2014: During meetings of the Climate Investment Funds (CIF) Trust Fund Committees and Sub-Committees, decisions were taken inviting 14 developing countries to join the Scaling Up Renewable Energy in Low Income Countries Program (SREP) and an additional country to participate in the Clean Technology Fund (CTF), expanding the total number of CIF countries to 63.

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