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World Bank chief says global warming threatens the planet and the poorest
2013-04-02 10:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Washington Post: World Bank President Jim Yong Kim on Tuesday said climate change was a "fundamental threat' to global economic development as he called for a major new push to reduce extreme poverty over the next 17 years. The bank is in the middle of an internal debate over how to reshape its role in a world where the major developing nations -- the core "customers' for its loans and programs -- have become increasingly middle class and where states caught in civil war pose an intractable development problem....
World Bank chief calls for ending extreme poverty by 2030
2013-04-02 09:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: World Bank President Jim Yong Kim on Tuesday called for a commitment by the international community to end extreme poverty by 2030 and to improve the lives of the most vulnerable people living in developing countries. To reach that goal, Kim said the world would have to reduce the number of people living below the poverty line of $1.25 per day to 3 percent globally by 2030, and raise the per capita incomes of the bottom 40 percent of every developing country. The 3 percent target marks a new...
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World Bank condemns 'business as usual' approach to climate change
2013-03-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Australian Broadcasting Corporation: TANYA NOLAN: Four months after the Doha climate summit, and the World Bank says it's worrying to see little global effort being made in tackling climate change. It says the "business as usual" approach is undermining any effort the bank has made in addressing global poverty. The vice president for Sustainable Development says the poor are already being hit hard and inaction on climate change is making it worse. Rachel Kyte is talking to environment reporter Sarah Clarke. RACHEL KYTE:...
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World Bank puts climate change at the top of its agenda
2013-03-21 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Radio Australia: The World Bank's Vice President for Sustainable Development is urging the international community to heed the plight of Pacific Island countries and take action on climate change. Vice President, Rachel Kyte, will tell an audience at the Australian National University late this afternoon that Pacific nations will suffer higher sea level rise than other parts of the world - for some, threatening their very existence. She warns Australia will see some of the most extreme droughts, with summer...
U.S. Urged to Reject New World Bank Focus on Large Infrastructure
2013-03-19 23:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: A group of environmentalists, gender activists and international finance watchdogs are calling on the U.S. government to support calls for the World Bank to step back from a new programmatic focus on large-scale infrastructure, which critics say does little to help alleviate poverty. The call comes just ahead of a major funding meeting, to be held Mar. 20-21 in Paris, of donors to the International Development Association (IDA), the World Bank's fund for the world's poorest countries. In a background...
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