World Bank

World Bank Holds Global Forum on Flaring Reduction and Natural Gas Utilization [viewed]

Global Gas Flaring Reduction Partnership

5 December 2008: A meeting of the Global Forum on Flaring Reduction and Natural Gas Utilization convened from 4-5 December 2008, in Amsterdam, the Netherlands. Led by the World Bank, the Global Gas Flaring Reduction partnership (GGFR) found evidence of a decline in global gas flaring, while calling for oil producing countries and companies to keep up the momentum and redouble efforts in gas flaring reduction to reduce greenhouse emissions.

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UNEP and GEF Announce Completion of Test Geothermal Energy Project in East-Africa [viewed]

 African Rift Geothermal Facility (ARGeo) 9 December 2008: The UN Environment Programme (UNEP) and the Global Environment Facility (GEF) have announced the completion of the nearly US$1 million Joint Geophysical Imaging project in Kenya. The project tested new seismic and drilling techniques to tap steam from hot underground rocks, and found wells of steam able to generate 4-5 MW of electricity, with one well yielding 8 MW.

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World Bank Releases Report on Weather and Climate Services in Europe and Central Asia [viewed]

Climate Weather Data 6 December 2008: A new report released by the World Bank suggests that forecasting improvements in Europe and Central Asia can play a critical role in improving the economy and mitigating the impacts of disasters in the region. The report “Weather and Climate Services in Europe and Central Asia: A Regional Review” explains why improving weather monitoring systems can help mitigate damaging economic impacts of weather disasters, support increased productivity of agriculture, conserve energy, and promote safe aviation and transport by road and rail.

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World Bank Lead Environmental Economist Highlights South Asia's Vulnerability to Climate Change [viewed]

South Asia's Vulnerability to Climate Change 25 November 2008: Speaking ahead of the UN Climate Change Conference in Poznan, Poland, Richard Damania, World Bank Lead Environmental Economist for the South Asia Region, described the climate-related challenges in South Asia as daunting.

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World Bank-Led Global Gas Flaring Reduction Partnership to Hold Forum on Best Practices in Gas Utilization [viewed]

20 November 2008: The World Bank-led Global Gas Flaring

Reduction partnership (GGFR) will organize a forum to look for ways of

unlocking the value of wasted gas associated with oil production.

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World Bank Moves Ahead with Energy for the Poor Initiative, Schedules Meeting in Paris [viewed]

Jamal Saghir, Director, Energy, Transport and Water, in the Sustainable Vice Presidency (SDNVP) of the World Bank 13 November 2008: The World Bank is moving ahead with the

Energy for the Poor initiative, a programme that seeks to provide rapid support

for countries' efforts to strengthen social safety nets to reduce the poor's

vulnerability to volatile fuel prices.

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World Bank and WHO Representatives to Address Conference on Adaptation in Developing Countries [viewed]

November 2008: The Second Conference on Adaptation to

Climate Change in Developing Countries will convene on 25 November 2008, in The

Hague, the Netherlands. Plenary speakers will include representatives from the

World Bank and the World Health Organization (WHO), as well as decision makers

from the EU and developing countries.

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World Bank Creates Green Bond to Finance Mitigation and Adaptation [viewed]

6 November 2008: The World Bank, in partnership with SEB and

Scandinavian institutional investors, will raise funds for projects seeking to

mitigate climate change or promote adaptation to its effects, through the issue

of a “World Bank green bond.”

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World Bank President: New Climate Regime Depends on Recognizing Development Interests While Shifting to a Low Carbon Path [viewed]

A World in Crisis Means a Chance for Greatness - Robert B. Zoellick, President of the World Bank Group 26 October 2008: In an article published in the Washington Post newspaper, World Bank President Robert Zoellick outlines what it will take for the aspiring candidates to the US presidency to be “a 21st-century Franklin D. Roosevelt.”

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World Bank: Forest Carbon Partnership Facility Participants List Grows [viewed]

High Demand Prompts Forest Carbon Partnership Facility to Expand Beyond Original 20 Developing Countries 24 October 2008: The Forest Carbon Partnership Facility

(FCPF), a World Bank programme that partners developing countries with

industrialized countries and The Nature Conservancy, a non-governmental

organization, in an effort to reduce emissions from deforestation and forest

degradation (REDD) in developing countries, convened its first operational

meeting from 20-22 October 2008, in Washington, DC, US. During the meeting, it

was decided that the programme should be expanded and that ten new developing

countries would be added to the 20 that had originally been selected.

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