Jim Yong Kim, the new president of the World Bank, said in Tokyo today that dealing with climate change will be one of his priorities. Since becoming president of the World Bank, I have looked deeply into the data on climate change, and I have to say I was surprised that even in ...
SINGAPORE, Aug. 29 (Xinhua) -- If countries, sectors and firms do not transit to a low-carbon economy and become climate resilient, climate change will have a drastic impact on the competitiveness of these economies. This is the warning from Benoit Bosquet, the World Bank's regional director...
As my colleague Neeraj Prasad – who 14 years ago led the Bank’s initial outreach on this with the Chinese authorities — tells it, “The Chinese government understood that there were both financial and environmental gains in reducing emissions.” This is even more evident today; our recentSta...
AdditionalfundingfortheanalyticalworkthatunderpinstheCCDRwasprovidedbythefollowingprogramsadministeredbytheWorldBank:ClimateSupportFacility–WholeofEconomyProgram(CSF-WOE),GlobalProgramonSustainability(GPS),EnergySectorManagementAssistanceProgram(ESMAP),GlobalWaterSecurity&SanitationPartnership(GWSP),Japan-WorldBankProgram...
But efforts to protect the poor, such as generally improving access to health care and social safety nets, and targeted measures to upgrade flood defenses and deploy more heat-tolerant crops could prevent most of the negative consequences of climate change on poverty, the bank said. ...
BOGOTA (Reuters) - The World Bank has approved a loan of $750 million to Colombia, to help the country become more resilient in the face of climate change by buoying up renewable energy efforts and reducing carbon emissions, the bank said on Monday. The loan looks to boost develop...
World Bank President David Malpass has spent the last few weeks on the defensive about the Bank's and his own record on climate change after remarks at a public appearance rekindled critics' concerns the financial institution was not responding to the climate crisis ...
briefly describing the interaction between climate change and economic development, as well as the respective instruments of the Climate Change Treaty and the World Bank, this paper identifies several windows through which the obligations set out by the Climate Change Treaty affect the World Bank. The...
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The plan, which is due to be announced at the bank’s annual meeting in Egypt this week, envisages a tripling by 2030 in annual lending for projects to fight climate change. This would make climate finance the bank’s top lending priority, accounting for more than half of the funds it ...