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Risk

Development Marketplace seeks volunteers to help assess innovative climate change ideas

Rasmus Heltberg's picture

Development Marketplace (DM) is a competitive grants program administered by the World Bank that identifies and funds innovative, early-stage projects that deliver results and have a high potential for scale-up.

This year's global competition on Climate Adaptation (DM 2009) focuses on (i) Resilience of Indigenous People's Communities to Climate Risks; (ii) Climate Risk Management with Multiple Benefits; and (iii) Climate Adaptation and Disaster Risk Management.

For every annual DM global competition, over 200 assessors (including some World Bank staff) volunteer to review proposals and select finalists. We are seeking development professionals with expertise in climate change adaptation to help identify the 100 finalists. Assessors commit to volunteer approximately 5-7 hours between June 4-10, 2009 to review 30-40 proposals  and submit online the ranking of their top eight most innovative proposals.

It's the model, stupid!

Marianne Fay's picture

“The essential problem is that our models – both risk models and econometric models – as complex as they have become, are still too simple to capture the full array of governing variables that drive global economic reality.[...] But risk management can never reach perfection. It will eventually fail and a disturbing reality will be laid bare, prompting an unexpected and sharp discontinuous response..”   Alan Greenspan, former Governor of the US Federal Reserve, writing in the "Opinion" column of the FTMarch 16 2008.