Today, a group of 26 financial institutions from across the globe, including the World Bank Group, launched five voluntary Principles for Mainstreaming Climate Action within Financial Institution. The Principles are meant to support and guide financial institutions moving forward in adapting to and promoting climate-smart development, and have been developed based on practices implemented by financial institutions worldwide over the last two decades.
On December 3, 2015, hundreds of young people gathered at the United Nations Conference on Climate Change (COP21) to join leaders and share their voices on climate change. The day was marked as the ‘Young and Future Generations Day,’ a chance for young people to have a seat at the table and share how they would define our future. Young people today are growing up with effects of climate challenge and this immediate threat makes them more leaders of today rather than tomorrow.
Climate change is affecting us all, but its impacts are hitting the poorest and those in poor countries hardest. That means developing countries vulnerable to sudden and slow-onset impacts of climate change need reliable and accurate weather and climate data and information to help them know when and how to protect their economies and communities.
The investment needs for low-carbon, climate-resilience growth are substantial. Public resources can bridge viability gaps and cover risks that private actors are unable or unwilling to bear, while the private sector can bring the financial flows and innovation required to sustain progress. For this partnership to reach its full potential, investors need to be provided with the necessary signals, enabling environments, and incentives to confidently invest in emerging economies.
The countdown is now well and truly onto to the Paris climate change talks in France.
A key factor in the talks will be the national plans, known as the INDCs - Intended Nationally Determined Contributions – submitted to the UN ahead of the Paris conference. They are important building blocks for reaching a final agreement.
Given that emissions from land use contribute significantly to climate change, it’s important to note many countries have included the land sector, which covers sustainable agriculture and forestry, as a key part of their approach to mitigating climate change.
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In the run-up to the COP21 climate conference, one question becomes central: where will we find the solutions on the ground—and the people to implement them—to realize the renewed political ambitions on climate?
In the arid farming lands of the Pyanj River Basin of Tajikistan, women and children spend much of their days searching for water, food and fuel. But higher temperatures, lower rainfall and less snow up in the mountain glaciers have made their job difficult, if not impossible.
The United Nations has designated 31 October as World Cities Day to highlight the many challenges and opportunities of global urbanization.
In his new video blog series, Ede Ijjasz-Vasquez, Senior Director of the World Bank’s Social, Urban, Rural and Resilience Global Practice (GPSURR), speaks with urban development specialists about what it takes to build sustainable cities – communities that are environmentally-friendly, competitive, inclusive, and resilient to disasters of today and disasters of tomorrow.
With all eyes on Paris climate meetings in December, we are at a critical moment to show that our efforts to reduce emissions from deforestation and forest degradation are moving from concept to reality.
The World Bank's Forest Carbon Partnership Facility, a 47-country collaboration, focuses on reducing emissions from deforestation and degradation, also known as REDD+; the Carbon Fund supports countries that have made progress on REDD+ readiness through performance-based payments for emission reductions.
- Climate Change
- Community Development
- Greenhouse Mitigation
- greenhouse gas emissions
- sustainable land management
- forest protection
- Forest Management
- Climate Change
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific
- Lao People's Democratic Republic
- Dominican Republic
- Cote d'Ivoire