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Climate Change

Why We Must Engage the Private Sector in Climate Change Adaptation Efforts

Alan Miller's picture

 Lauren Day/World Bank

Late last month, I retired after spending more than 30 years in the climate arena, the last decade as a principal climate change specialist at the International Finance Corporation.

During the span of my career, climate change has moved from the sidelines to be recognized as a serious development challenge. And while we’re still far from achieving the international commitments needed to avoid potentially dangerous and even catastrophic climate events, much has been accomplished.

Scientists have reached near-consensus about climate change and its impacts. We’ve also seen the creation of several significant donor-supported climate funds, as well as a steady increase in policy and financial support for climate-friendly technologies.

In one critical respect, however, we need more progress: making the private sector a partner in helping nations build resilience and adapt to climate change.

YouThink! Year in Review

Ravi Kumar's picture
I'm amazed by how young people around the world are innovating despite the numerous challenges they face. Their participation in the fight against poverty is crucial. At the World Bank, we know we can't end extreme poverty by 2030 without empowering youth.

VP Rachel Kyte Welcomes UN Special Envoys on Climate Change

Climate Change Group's picture

World Bank Vice President for Sustainable Development Rachel Kyte issued the following statement welcoming the United Nations announcement today of two new UN special envoys on climate change: John A. Kufuor, who served as president of Ghana from 2001 to 2009 and chairperson of the African Union from 2007 to 2008, and Jens Stoltenberg, the prime minister of Norway from 2000 to 2001 and 2005 to 2013.
 
"The appointment of President John A. Kufuor and former PM Jens Stoltenberg as the Special Envoys on Climate Change by UN Secretary-General Ban Ki-moon is a crucial step to mobilize political will in advance of the UN 2014 Climate Summit. At the World Bank Group we are working with countries to increase ambition and take climate action by highlighting their opportunities for action that build growth, jobs, and resilience. We are delighted to support the Special Envoys, who will be critical to meeting the climate challenge."

All About A MOOC (Not A Moose)

Maya Brahmam's picture

Well, it’s finally happening. The World Bank Institute is launching its first MOOC on climate change on January 27, 2014 on the Coursera platform. I still remember when we first talked about MOOCs (Massive Online Open Courses), colleagues wondered what they were. MOOC sounds like “Mook,” which means a foolish, insignificant, or contemptible person –not the same thing at all!

MOOCs are a way for many people to have access to knowledge – democratizing knowledge, if you will. According to a Short History of MOOCs and Distance Learning, the first MOOC was launched in 2008. It was on ‘Connectivism and Connective Knowledge/2008’ (CCK8) and was created by educators Stephen Downes and George Siemens. Based on a credit course at the University of Manitoba, Canada, this was the first class designed  as a ‘MOOC’ and used many different platforms to engage students with the topic, including Facebook groups, Wiki pages, blogs, forums and other resources. Around 2,200 people signed up for CCK08, and 170 of them created their own blogs. The course was free and open, which meant that anyone could join, modify or remix the content without paying (although a paid, certified option was offered).

Asylum from climate change?

Hanspeter Wyss's picture

(In observance of the International Migrants Day on December 18)

You probably do not spend much time contemplating leaving your country of birth, your home, your family, your community and your job because rising sea levels are making your current place of residence too dangerous and difficult.  But then, you probably do not live in Kiribati, a small state in the South Pacific with a population of just over 100,000, like Ioana Teitiota. He and his family have requested asylum in New Zealand claiming to be climate change refugees.  Sea levels in Kiribati have been rising and are contaminating drinking water, destroying crops, flooding homes, and undermining livelihoods, but apparently, these imperatives are not (yet) enough.

Efforts to Protect Tropical Forests Take Big Step Forward – and Money Awaits

Ken Andrasko's picture


 

Last week in Paris, the Forest Carbon Partnership Facility’s partners and stakeholders agreed on groundbreaking rules for investments in tropical forest protection in developing nations – a framework that will also help reduce greenhouse gas emissions in our rapidly warming world.

Capping an intense five days of negotiations, this major milestone unblocks $390 million in funding held in escrow in the facility’s Carbon Fund. The agreement (formally known as a Methodological Framework) spells out how tropical countries should design and implement large-scale protection programs in the lowland and mountain forests of the tropics.

In return, the countries get results-based payments from donor countries that support climate policy and social development goals.

It’s the first time an international organization has put on paper the operational rules for purchasing so-called REDD+ credits to reduce greenhouse gas emissions. (REDD is short for Reducing Emissions from Deforestation and Forest Degradation.)

Reaching consensus on the operational roadmap for REDD+ required input from a diverse set of sometimes-contradictory viewpoints.

Seated at the table to negotiate through the many issues in Paris were donor countries, private corporations, officials from tropical countries willing to experiment with REDD+, civil society organizations and representatives from indigenous groups who were championing the rights of traditional dwellers in tropical forests.

The Way We Move Will Define our Future

Marc Juhel's picture
Mobility is a precondition for economic growth: mobility for access to jobs, education, health, and other services. Mobility of goods is also critical to supply world markets in our globalized economy. We could say that transport drives development.
 

New Funding to Expand Carbon Finance in Low-Income Countries

Brice Jean Marie Quesnel's picture





One of the few bright spots at the recent UN climate talks in Warsaw was the announcement of new financial commitments to the World Bank’s BioCarbon Fund.

Coming hard on the heels of that groundbreaking initiative for sustainable forest landscapes is another piece of good news in international efforts to bring more carbon finance to low-income nations.

The governments of the United Kingdom and Sweden and the Switzerland-based Climate Cent Foundation have pledged more than $125 million for the World Bank’s Carbon Initiative for Development (Ci-Dev), a financial initiative that, like the third tranche of the BioCarbon Fund, will help the least-developed countries access financing for low-carbon investments.

More specifically, the new funding allows the World Bank to focus on helping the world’s poorest countries – especially in Africa – access carbon finance to develop clean energy sources.

It will enable the development and scaling up of a diverse range of projects similar to household biogas systems in Nepal or solar home systems in Bangladesh. It’s also an example of how the World Bank continues its efforts to mobilize private-sector investments for clean development and climate mitigation.

We’re showing, through actions on the ground, that putting a price on carbon is a key part of the solution to the climate challenge.

Why I’m More Optimistic than Ever about Biodiversity Conservation

Valerie Hickey's picture
Conservation biology was baptized as an interdisciplinary problem science in 1978 at a University of California San Diego conference. But the conservation movement precedes this conference by at least a century, when the first national park was established in Yellowstone in 1872 and signed into law by U.S. President Ulysses S. Grant. Both the academic discipline and the practice of conservation have had two things in common for a long time: they remained steadfast to their original mission to protect nature and their proponents were largely American and European and mostly middle class. 
 
But nothing stays the same forever.
 

Rachel Kyte on “The Good News and Bad News on Agriculture and Climate Change”

Karin Rives's picture

Climate-smart agriculture


At the climate talks last month in Warsaw, Poland, negotiators again delayed discussions around agriculture. The good news is that there are steps we can take now to make agriculture part of the solution, World Bank Vice President for Sustainable Development Rachel Kyte writes in a new blog post.

"Agriculture is the only sector that can not only mitigate, but also take carbon out of the atmosphere. It has the potential to substantially sequester global carbon dioxide emissions in the soils of croplands, grazing lands, and rangelands," Kyte writes. Importantly, she says, climate-smart agriculture techniques also improve crop yields, nutritional value, food security, and farmers' incomes, at the same time.

The potential is enormous, she writes. Read the full blog post.


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