World Bank

World Bank: Greenhouse Gas Projects Face Carbon Market Bottlenecks [viewed]

World20bank12 May 2008: “At a time that global cooperation to reduce the risk of climate change is more important than ever before, the prospects for developing countries benefiting from the carbon market are in question,” said World Bank Senior Carbon Market Specialist Karan Capoor, co-author of the “State and Trends of the Carbon Market 2008,” released on 7 May 2008 at the Carbon Expo in Cologne, Germany.

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World Bank Institute: Online Distance Learning Programme on Natural Disaster Risk Management [viewed]

May 2008: As part of its Global Distance Learning Programme on Natural Disaster Risk Management, the World Bank Institute (WBI) will hold a series of online courses on natural disaster risk management, including on climate change and disaster risk management, from 26 May 2008 to 1 May 2009.

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World Bank Proceeds with Global Consultations on Its Strategic Framework on Climate Change and Development [viewed]

World20bankMay 2008: The website for global consultations on a Strategic Framework on Climate Change and Development for the World Bank Group (WBG) has been updated with translations in Arabic, Chinese, French, Portuguese, Russian and Spanish.

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World Bank President Proposes “New Deal for a Global Food Policy” [viewed]

Robert_b_zoelliRobert B. Zoellick, World Bank President, called, on 2 April 2008, for a “New Deal for a Global Food Policy” to combat world hunger and malnutrition, in the face of skyrocketing food and oil prices, through a combination of emergency aid and long-term efforts to boost agricultural productivity in developing countries. Zoellick said the new deal is needed to combat the “forgotten” Millennium Development Goal of overcoming malnutrition, a problem that causes 3.5 million deaths a year in children under 5 and has long-lasting impacts on health and achievement. According to Zoellick, this new deal “should focus not only on hunger and nutrition, access to food and its supply, but also the interconnections with energy, yields, climate change, investment, the marginalization of women and others, and economic resiliency and growth.”

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Towards A Strategic Framework On Climate Change And Development For The World Bank Group [viewed]

WorldbankThe World Bank has released a concept and issues paper that develops a draft for a comprehensive Strategic Framework on Climate Change and Development (SFCCD) for the World Bank Group (WBG). The draft will be subject to public consultations and proposed for endorsement by the Board in September 2008.

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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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