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World Bank Approves Rules Unlocking $390 Million For Forest Conservation
2013-12-10 09:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Ecosystem Marketplace: Less than a month after the United Nations Framework Convention on Climate Change (UNFCCC) approved the seven decisions that comprise the REDD Rulebook, the World Banks Forest Carbon Partnership Facility (FCPF) today signed off on a new Methodological Framework for its Carbon Fund. Finalized during a meeting of Carbon Fund Participants in Paris, the new framework unshackles nearly $390 million already committed to REDD+ pilot programs in the developing world, and it could pave the way for millions...
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World Bank says no to nuclear as it lays out universal energy plan
2013-11-28 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: The leaders of the United Nations and World Bank have hatched a plan to make sure everybody in the world has access to electricity by 2030. It would involve a huge ramp-up in electricity generation, including continued growth in renewables, and vast improvements in energy efficiency. It would also require hundreds of billions a year in investments. But not all energy sources are welcome. "We don`t do nuclear energy," World Bank President Jim Yong Kim said in announcing a push for financing for...
World Bank urges greater investment in managing climate, disasters
2013-11-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
NGR Guardian: MORE can be done to help vulnerable countries adapt to climate change, as well as prepare for and respond to weather-related disasters, according to a new World Banks report released yesterday on the sidelines of the United Nations (UN) climate talks in Warsaw. The summit, with the title Building Resilience: Integrating Climate and Disaster Risk into Development, looks at the gradual or slow-onset effects of climate change like sea-level rise, salinisation of freshwater sources and droughts,...
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World Bank calls for soot, methane reduction
2013-11-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Voice of America: A new World Bank report calls for the reduction of shorter-lived pollutants, such as soot and methane, that could slow the pace of climate change and save lives. A warmer planet creates the conditions for more intense and extreme weather, like the devastating typhoon that hit the Philippines last week, leaving thousands dead and hundreds of thousands homeless. "This is not going to be a one off event," said Rachel Kyte, vice president for Sustainable Development at the World Bank. "The intensity...
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World Bank Pres.: Act on climate change
2013-11-12 16:50:00| Climate Ark Climate Change & Global Warming Newsfeed
CNN: Discussing typhoon Haiyan, Word Bank President Jim Yong Kim says 'decisive action' is needed on climate change and spending money on prevention now will pay off in the future.
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