A couple of days ago, my five year old declared that she wanted to be a Super Hero. From wanting to be a little pony a few months ago, she was moving up the role model chain. She, however, was more interested in finding out which monster she would have to fight. Without giving it much thought, I told her that the biggest monster she would have to fight was Climate Change.
she asked, suddenly very interested.
With the recent climate agreement in Paris, many countries are looking at improved energy efficiency as a way to reduce greenhouse gas (GHG) emissions to contribute to the agreed climate goal of keeping global warming below two degrees Celsius.
Innovative air-conditioning (A/C) technology, just launched by a Thai A/C manufacturer in cooperation with the Government of Thailand and the Federation of Thai Industries, will not only save consumers and the country energy, it will eliminate emissions of ozone depleting, high global warming refrigerants with little to no additional costs. At scale, this technology can play an important role in global climate mitigation efforts.
These women never had the opportunity to attend school. But now aged between 40 and 50 years old, they found themselves with a new task. They received training and were tasked with installing and maintaining solar lighting systems in their villages.
- Biocarbon Fund
- Forest Carbon Partnership Facility
- Forest Investment Program
- Carbon Credits
- sustainable land management
- land management
- renewable energy
- solar energy
- Forest Management
- sustainable forest management
- Indigenous Communities
- Climate Change
- Latin America & Caribbean
Today, April 22, 2016, marks a key moment for the world with the signing of the historic Paris climate change agreement. A record number of world leaders are expected in New York at the United Nations Headquarters for the high-level signing ceremony.
It’s a clear sign that people recognize that the changing climate is impacting us now – the recent record-breaking temperature, spread of infectious diseases, and climatic conditions, are increasingly alarming and must be dealt with before it’s too late. Now is the time for action and for countries and governments to deliver on their promises made in Paris.
I’ve answered some questions that will better help explain why the signing of the Paris Agreement is critical and how we in the World Bank Group are stepping up our efforts to help countries deliver on their pledges.
Carbon pricing is increasingly being used by governments and companies around the world as a key strategy to drive climate action while maintaining competitiveness, creating jobs and encouraging innovation. The importance of carbon pricing was amplified in the run up to the global climate change agreement in Paris last December.
As countries move towards the implementation of the Agreement, it is the focus of a World Bank conference in Zurich this week which brings together over 30 developed and developing countries to discuss opportunities and challenges related to the role of carbon pricing in meeting their mitigation ambitions.
Also available in: Russian
Over the past year, people living in Bucharest, the capital of Romania, are seeing more bike lanes and metro stations in their city than before.
There are now about 122 km of cycling paths and four metro lines with 45 stations. It is a welcome sight in a city that suffers from air pollution and where many people tend to use private vehicles. Using bikes and the metro is cleaning up the city and, for some, is a quicker way to get around. And, as its popularity increases, it will likely lead to lower greenhouse gas emissions. Financing for this new development comes in part from the sale of carbon credits to Romanian power companies by the government, a welcome revenue stream for a stretched city budget.
Also available in: Spanish
With the passing of the historic climate change agreement in Paris, the buildings sector, which accounts for 32 percent of total energy use and 19 percent of GHG emissions, has been highlighted as a key industry to transform in order to achieve global climate mitigation goals. The private sector has responded with ambitious pledges for action, and must now turn to practical solutions to put the building sector on a low-carbon path.
The good news is that the level of aspiration is very high. I participated in the first-ever Buildings Day at COP21, witnessing ambitious commitments from both the public and the private sector. Over 90 countries have included attention to buildings in their Nationally Determined Contributions (NDCs), with greater than 1,300 commitments from companies and industry and professional organizations.
Concentrated Solar Power is the greatest energy technology you have probably never heard of. While it may not be as widely known as other renewable energy sources, there’s no doubting its potential - the International Energy Agency estimates that up to 11 percent of the world’s electricity generation in 2050 could come from CSP.
And this week in Morocco, the King, His Majesty Mohammed VI, is officially opening the first phase of what will eventually be the largest CSP plant in the world – the same size as Morocco’s capital city Rabat. I congratulate Morocco for taking a leadership role that has placed it on the frontlines of a revolution that is bringing low-carbon development to emerging and developing economies worldwide.
In collaboration with the World Bank and the African Development Bank, the CIF has already provided US$435 million into this three-phase Noor CSP complex in Morocco.
Also available in: العربية
Si vous n’avez jamais entendu parler de l’énergie solaire concentrée, sachez que cette technologie est promise à un bel avenir. Moins connu que d’autres sources d’énergie renouvelable, elle n’en possède pas moins un fort potentiel de développement : selon l'Agence internationale de l’énergie, le CSP (pour concentrated solar power) pourrait être à l’origine de 11 % de la production mondiale d’électricité d’ici 2050.
C’est une révolution qui s’annonce, qui placera les pays émergents et en développement du monde entier sur la voie d’une croissance sobre en carbone. Et le Maroc en a pris la tête : cette semaine, le roi Mohamed VI inaugure officiellement la première phase de ce qui sera à terme la plus grande centrale solaire à concentration du monde — le futur complexe de Noor s’étendra sur une superficie égale à celle de Rabat, la capitale marocaine.
En collaboration avec la Banque mondiale et la Banque africaine de développement, les Fonds d’investissement climatiques (FIC) ont déjà fourni 435 millions de dollars en faveur de ce complexe solaire dont le développement se déroulera en trois phases.
Sub-Saharan Africa continues to suffer from a major energy deficit, with hundreds of millions of people lacking access to electricity and clean cooking fuels. There is a great need for innovative mechanisms that can help families access clean and affordable energy. The Carbon Initiative for Development (Ci-Dev) is one such mechanism.
A $125 million fund with a pipeline of 14 pilot projects in Africa, Ci-Dev will help improve living standards and sustainable energy through results-based finance. Along the way, it will generate valuable lessons in how reducing greenhouse gas emissions can generate tangible development benefits for local communities, like cleaner air, improved safety, and financial and time savings.
These lessons can help in the delivery and scale up of innovative climate finance business models.