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Activists blast World Bank on continued support of industrial rainforest logging

2013-02-11 21:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Two environmental activist groups blasted the World Bank over its reported decision to block a probe into its support of industrial-scale rainforest logging. Greenpeace and Global Witness issued a statement condemning last Friday's decision by The World Bank Board of Directors not to pursue a review of its lending to industrial logging companies. The review was recommended by an independent audit committee that has been conducting an evaluation of the effectiveness of a decade's worth of World...

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China and World Bank to cooperate more on climate change

2013-01-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Global Times: The World Bank is looking forward to deepening cooperation with China in the fields of urbanization and climate change, World Bank President Jim Yong Kim has told Xinhua during the annual World Economic Forum (WEF). Urbanization would be "very important" for the future growth of China, and the World Bank has launched joint research with China on urbanization to help developing countries deal with the continuing massive influx of people into cities, Kim told Xinhua in an exclusive interview Saturday....

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World Bank head says don't shun poor coal-using nations

2013-01-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The World Bank should support poor countries that need coal-powered energy in spite of its contribution to climate change, its president has said. Jim Yong Kim, speaking at Davos, said the institution should not "turn its back" on poor nations that seek the cheap source of energy. His first priority was for countries to have the energy needed to boost their economies, he said. Mr Kim has often warned of the dangers of climate change on future growth. "My first priority is for countries...

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WWF and World Bank host international REDD+ forum

2013-01-26 03:13:00| Climate Ark Climate Change & Global Warming Newsfeed

WWF: Tropical forest experts from around the globe will convene on January 28th and 29th for a technical forum on REDD+ (reducing emissions from deforestation and forest degradation). The event, Building REDD+ Reference Levels, is being jointly hosted by the World Banks Forest Carbon Partnership Facility (FCPF) and the global conservation organization WWF. It will focus on developing benchmarks against which many countries will measure success in reducing rates of deforestation and degradation. Participants...

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World Bank looks to battle climate change with better transportation

2013-01-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sacramento Bee: There's an unexpected method governments can use to reduce poverty, improve public health and reduce greenhouse gas emissions, top world leaders said Friday. Their idea: Make transportation in the world's megacities more available and sustainable to reduce congestion and benefit populations – and economies – that are projected to boom in the coming decades. Jim Yong Kim, president of the World Bank, said Friday at a global transportation conference that working on sustainable transportation...

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