World Bank

World Bank Spring Meetings Increase Developing Country Voice [viewed]

The International Monetary Fund (IMF) and World Bank Group Spring Meetings, held in Washington DC from 24-25 April 2010, increased voting power in the International Bank for Reconstruction and Development (IBRD) for developing and transition countries by 3.13%, bringing it to a total of 47.19%, and also agreed to continue working towards equitable voting power while protecting the voting power of the smallest poor countries.

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OECD, WTO, ILO, IMF and World Bank Heads Identify Fields for Action [viewed]

28 April 2010: German Chancellor Angela Merkel organized a meeting with the OECD Secretary-General, WTO Director-General, ILO Director-General, IMF Managing Director and World Bank President. The joint press release from the event identifies several fields for action, including green growth and climate change.

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World Bank Showcases Climate Financing Results [viewed]

April 2010: The World Bank's brief on "Multiple Solutions to Address the Climate Change Challenge" highlights that the Bank channelled, during fiscal year 2009, US$9.3 billion in financing for climate-affected sectors. 

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Event: Middle East & North Africa Forum on Flaring Reduction and Gas Utilization [viewed]

Organized by the World Bank and the energy company Masdar, this forum will analyze the challenges and opportunities of flaring reduction projects across the Middle East and North Africa (MENA) region, and understand how carbon finance could make flaring reduction projects more economically viable.  

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World Bank Holds Seminar on Climate Change and Africa [viewed]

25 April 2010: The need for Africa to speak with one voice and make itself heard at the upcoming 16th session of the Conference of the Parties (COP 16) to the UNFCCC, to be held in Cancun, Mexico, at the end of 2010, was highlighted during a seminar on climate change and Africa organized by the World Bank.

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UN Releases Fourth Edition of Facts for Life [viewed]

April 2010: The UN Children's Fund (UNICEF), in collaboration with the World Health Organization (WHO), the UN Educational, Scientific and Cultural Organization (UNESCO), the UN Population Fund (UNFPA), the UN Development Programme (UNDP), the Joint UN Programme on HIV/AIDS (UNAIDS), the World Food Programme (WFP) and the World Bank, has published the fourth edition of "Facts for Life."

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Event: CIF Sub-Committee Meetings [viewed]

The Climate Investment Funds Sub-Committees will meet at World Bank headquarters to continue work on the Scaling Up Renewable Energy in Low Income Countries Program (SREP), the Pilot Program on Climate Resilience (PPCR), and the Forest Investment Program (FIP).  

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World Bank President: Green Growth Can Pull Millions Out of Poverty [viewed]

14 April 2009: Robert Zoellick, President of the World Bank Group, gave a lecture on "The End of the Third World? Modernizing Multilateralism for a Multipolar World," at the Woodrow Wilson Center for International Scholars, in Washington DC, US. He noted that climate change policy can be linked to development and win support from developing countries for low carbon growth, "but not if it is imposed as a straitjacket."

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Event: Second Africa Ministerial Conference on Disaster Risk Reduction [viewed]

This meeting is being organized by the African Union Commission, the Government of Kenya and the UN International Strategy for Disaster Reduction (UNISDR), in collaboration with the Global Facility for Disaster Reduction and Recovery (GFDRR) of the World Bank. This conference will be held parallel to the First Conference of Ministers responsible for meteorology in Africa, organized by the World Meteorological Organization (WMO) in conjunction with the African Union Commission.

The conference on disaster risk reduction and its technical segment will aim to: discuss and adopt the extended Programme of Action for the Implementation of the Africa Regional Strategy for disaster risk reduction (2006-2015); define a regional mechanism and the resources to coordinate, support and monitor the implementation of the Africa Strategy and Programme of Action for disaster risk reduction (2006-2010); and link the outcomes of UNFCCC COP 15 to the extended Programme of Action for the Implementation of the Africa Regional Strategy for disaster risk reduction (2006-2015).  

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Multilateral Banks Discuss Climate Finance [viewed]

9 April 2010: Heads of Multilateral Development Banks (MDBs) and the International Monetary Fund (IMF) met on 9 April 2010, at European Investment Bank (EIB) headquarters in Luxembourg, to discuss plans to support a sustainable global recovery and climate finance. Participants at the meeting noted that the Copenhagen Accord offers an opportunity to take action to finance measures to combat climate change.

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