World Bank

Forest Carbon Partnership Facility Receives New Pledges [viewed]

2 November 2010: The Forest Carbon Partnership Facility, managed by the World Bank, recently held its Participants Assembly meeting, during which donor countries committed over US$100 million in new pledges.

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Latin American Carbon Forum Highlights Region's Potential [viewed]

2 November 2010: Participants to the Fifth Latin American Carbon Forum, which took place in Santo Domingo, Dominican Republic, from 13-15 October 2010, expressed concern over barriers to carbon mitigation projects and the lack of progress in the climate change negotiations.

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World Bank Finances Concentrated Solar Power Plant in Morocco [viewed]

November 2010: A World Bank-financed concentrated solar power plant cutting edge design  is now supplying electricity to the Moroccan electricity grid.

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World Bank Signs First African Emission Reduction Purchase Agreement on Soil Carbon [viewed]

3 November 2010: The World Bank signed the first African Emission Reduction Purchase Agreement (ERPA) on soil carbon in a ceremony held at the International Conference on Agriculture, Food Security, and Climate Change in The Hague, the Netherlands.

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IDA, GEF Support Clean Energy in Mali [viewed]

29 October 2010: The International Development Association (IDA), a branch of the World Bank Group, and the Global Environment Facility (GEF) are supporting Mali villagers, through the Household Energy and Universal Access Project (HEURA), to use efficient stoves to replace wood cutting, reduce emissions and indoor air pollution, and preserve forests.

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Event: Joint Meeting of FCPF, FIP, UN-REDD Governing Bodies [viewed]

The Secretariats of the Forest Carbon Partnership Facility (FCPF), the Forest Investment Program (FIP) and the UN-REDD Programme were requested to organize this meeting to foster closer integration of the initiatives, including the establishment of a joint platform to share country experiences, disseminate lessons learned, and facilitate strategic discussions.  

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World Bank Launches Partnership for Ecosystem Services Valuation [viewed]

28 October 2010: The World Bank announced a new Global Partnership for Ecosystems and Ecosystem Services Valuation and Wealth Accounting, an initiative designed to integrate ecosystem services into national accounting.

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G-20 Notes Progress on Fossil Fuel Subsidies [viewed]

23 October 2010: The G20 Finance Ministers and Central Bank Governors meeting in Gyeongju, Republic of Korea, on 23 October 2010, noted the progress made on rationalizing and phasing out inefficient fossil fuel subsidies.

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World Bank Funds Geothermal Energy in Kenya [viewed]

22 October 2010: The World Bank presented an Electricity Expansion Project in Kenya, expected to channel a total investment of US$1,391 million, of which the World Bank's International Development Association (IDA), is providing US$330 million, to expand energy access with clean geothermal power and new transmission lines.

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ADB, World Bank Workshop Focuses on Resilience to Climate Change in the Pacific [viewed]

14 October 2010: The Asian Development Bank (ADB) and the World Bank organized a workshop on "Responding to Climate Change in the Pacific: Moving from Strategy to Action," in Nadi, Fiji, on 13-14 October 2010.

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