News

World Bank Announces Adaptation Programme for Glacier Retreat in the Andes

29 May 2008: The World Bank announced a new

programme to address the impact of tropical glacier retreat in Bolivia, Peru, and

Ecuador. During the project launch in Lima, Peru, Carlos Felipe Jaramillo,

World Bank director for Bolivia, Ecuador, Peru, and Venezuela noted that “Climate

change will heavily impact Andean countries' economies, particularly the poor.

Adapting to climate change is crucial given the severe and irreversible effects

it will have on the region.”

The programme is supported by the Global Environmental Facility

(GEF), and will grant US$7.49 million, out of a total of US$33 million in

co-financing, to implement a set of adaptation actions to face climate change threats

in the Andes. The project's specific objectives are: the effective integration

of the implications of glacier retreat into regional and local development planning,

particularly in glacier basins; the inclusion of glacier retreat impacts in

local development projects and programs; and the collection of data on glacier

dynamics to improve policy decisions. [World Bank press release, 29 May 2008]  [Adaptation to the Impact of Rapid Glacier Retreat in the Tropical Andes Project]