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World Bank, IPCC gather to discuss climate risks

2016-04-11 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The world`s top finance officials head to Washington DC this week for the annual IMF/World Bank Spring Meeting. There`s much to discuss as global economic growth continues to slow, but there are likely to be some intriguing climate finance discussions on the sidelines. Here`s a mini preview from John Roome, the Bank`s new head of climate: "There is going to be a meeting of the high-level assembly of the Carbon Pricing Leadership Coalition. Now this is a coalition of countries and companies...

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World Bank aims to add 30GW of global renewable capacity by 2020

2016-04-11 01:00:00| Power Technology

The World Bank Group has adopted a new Climate Change Action Plan, aiming to add 30GW of global renewable capacity by 2020.

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World Bank goes big on fighting climate change

2016-04-08 13:22:00| Climate Ark Climate Change & Global Warming Newsfeed

CNBC: The World Bank has announced plans to fight climate change through a new Climate Change Action Plan that it hopes will see investment in environmental projects reach $29 billion a year by 2020. In a statement on Thursday, the Bank said that, in the next five years, it planned to help countries in the developing world add 30 gigawatts of renewable energy to global energy capacity; provide "early warning systems" to 100 million people; and develop "climate-smart agriculture investment plans for...

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World Bank to ramp up climate change investments

2016-04-08 09:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The World Bank has made a fundamental shift in its role of alleviating global poverty, by refocusing its financing efforts towards tackling climate change, the group said on Thursday. The worlds biggest provider of public finance to developing countries said it would spend 28% of its investments directly on climate change projects, and that all of its future spending would take account of global warming. At last years landmark conference on climate change in Paris, the World Bank and its...

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World Bank unveils Climate Change Action Plan, to mobilise $25 bn in pvt financing

2016-04-08 03:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Express: The World Bank has announced its plan to help developing countries add 30 gigawatts (GW) of renewable energy to the world's energy capacity and to mobilise $25 billion in private financing for clean energy by 2020. The World Bank has announced its plan to help developing countries add 30 gigawatts (GW) of renewable energy to the world`s energy capacity and to mobilise $25 billion in private financing for clean energy by 2020. The Climate Change Action Plan, released by the Washington-based...

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