World Bank

World Bank Managing Director addresses “Globalization and the Challenges of Inclusion and Climate Change” [viewed]

WbIn an address to the 9th Annual Global Development Network Conference in Brisbane, Australia, the World Bank's Managing Director, Operations, Graeme Wheeler, said “climate change is more than an immense development challenge,” and emphasized that “it is a major threat to all our economic and political systems and requires vision, courage, and leadership to address it.”

Wheeler stressed that climate change is the second major threat to long term prosperity.

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World Bank, GEF-Backed Energy Efficiency Program Expands in China [viewed]

Gefbacked_energy_efficiency_programThe Chinese Government and the World Bank have announced the preparation of a new Energy Efficiency Financing Project, using a proposed new US$ 200 million World Bank loan and US$ 13 million grant from the Global Environment Facility (GEF).

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World Bank Provides US$247 million in Cyclone and Floods Assistance to Bangladesh [viewed]

World20bank20logoaThe World Bank approved IDA financing totaling US$ 247 million to help Bangladesh recover from the dual shocks of the August flooding and November cyclone, which caused significant loss of life and enormous social, human, and economic costs.

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Meeting on the Third Replenishment of the GEF Trust Fund [viewed]

28 February 2002: A meeting on the third replenishment of the Global Environment Facility (GEF) Trust Fund took place from 27-28 February 2002, in Paris, France.

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