World Bank

March 2015 Climate Finance Update [viewed]

march_climate_finance_201531 March 2015: During the month of March 2015, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Center for International Forestry Research (CIFOR), the European Investment Bank (EIB), the UN Development Programme (UNDP)/World Bank Climate Finance Options (CFO) platform and the World Bank reported on climate finance projects, mechanisms and developments. ADB, EIB, the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Climate Investment Funds (CIF), the UN Environment Programme Finance Initiative (UNEP-FI) and the World Bank released publications and organized events.

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Technologies to Support MRV and Track Private Sector Deforestation Commitments [viewed]

cifor_profor_unep_wcmc1 April 2015: During March, the month that marked the celebration of the International Day of Forests, a number of significant forest-related research studies, tools and technologies were released.

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Event: Scaling Up Finance for Climate Action: A Public-Private Dialogue [viewed]

This event will focus on what it will take to close the climate finance gap in the lead-up to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC. World Bank Group President Jim Yong Kim and European Investment Bank (EIB) President Werner Hoyer will lead the discussion with policy makers, international financial institutions (IFIs), civil society and the private sector, focusing on ways to deliver the funds needed to transition to a low-carbon, resilient economy. Other speakers will include Rachel Kyte, World Bank Group Vice President and Climate Change Special Envoy, and Pierre Moscovici, European Commissioner for Economic and Financial Affairs.  

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Event: Carbon Fund Twelfth Meeting (CF12) [viewed]

The Forest Carbon Partnership Facility (FCPF) will convene the 12th Carbon Fund Meeting in order to consider Emission Reduction Program Idea Notes (ER-PINs), agree upon funding decisions and portfolio management, and discuss links with other funding programs.  

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Event: FCPF 19th Participants Committee Meeting (PC19) [viewed]

The Forest Carbon Partnership Facility (FCPF) will convene the 19th Participants Committee Meeting in order to consider updates and reviews to FCPF processes and funding requests.  

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Third World Conference on Disaster Risk Reduction Opens in Sendai, Japan [viewed]

iisdrrs_coverage_wcdrr14 March 2015: The Third UN World Conference on Disaster Risk Reduction (WCDRR) is meeting in Sendai, Japan, from 14–18 March 2015, to review implementation of the Hyogo Framework for Action (HFA), discuss international cooperation on disaster risk reduction (DRR) and adopt a political declaration and a post-2015 DRR framework, which will guide disaster risk management (DRM) efforts for the next ten to 15 years, depending on the timeframe adopted by the Conference.

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Progress Report Shows MDBs on Target To Meet Sustainable Transport Investment Goals [viewed]

progress-mdb2 March 2015: The eight multilateral development banks (MDBs) are on target to reach their goal of investing US$ 175 billion in sustainable transport over the decade from 2012-2022, according to a report jointly published by the MDBs. The report emphasizes how the MDBs' sustainable transport investments are supporting climate-resilient, low-carbon growth in developing countries.

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February 2015 Sustainable Energy Finance Update [viewed]

feb_2015_energy_financeFebruary 2015: In February, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), Climate Investment Funds (CIF) of the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and the UN Department of Economic and Social Affairs (UN-DESA) announced funding for sustainable energy projects. Recipient countries include Belarus, Chile, Colombia, Ecuador, Germany, Honduras, India and the UK.

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February 2015 Climate Finance Update [viewed]

afdb_eib_idb_cif_wbank and_citiFebruary 2015: During February 2015, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the World Bank and the Citi corporation reported on funding and new financial instruments. IDB, the Climate Investment Funds (CIF) and the World Bank launched publications on, inter alia, climate resilience, green growth and carbon pricing, and reported on a regional event in Asia.

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Event: Seventh Africa Carbon Forum [viewed]

The Seventh Africa Carbon Forum (ACF) will focus on finance, development and investment opportunities related to climate change and of interest to project developers and policymakers. Participants will learn about international carbon market trends, opportunities under the Green Climate Fund (GCF), efforts to increase demand for Clean Development Mechanism (CDM) credits and results-based financing opportunities. The Government of Morocco will host a high-level ministerial segment, during which African countries will have the opportunity to discuss expectations and planned contributions to the anticipated 2015 climate change agreement. ACF is jointly organized by the UNFCCC Secretariat, UN Environment Programme (UNEP), UNEP-DTU Partnership, World Bank, African Development Bank (AfDB) and International Emissions Trading Association (IETA).  

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