World Bank
Strong Paris deal needed to make carbon pricing work – analysts
NEWS: Carbon markets are only as good as the political goals that underpin them, say analysts in response to New York pledge
Half the globe backs World Bank carbon price movement
NEWS: Shell, Nokia and Lego are among 1,000 businesses to join governments in support of carbon pricing
Development banks promise to back climate action
NEWS: Six major funders say they have provided US$ 75 billion since 2011 and will increase cooperation on low carbon finance
UN climate summit set for major carbon pricing announcement
INTERVIEW: World Bank’s Rachel Kyte tells RTCC global support for valuing CO2 will surprise many critics
UN banking on to business to drive climate negotiations
NEWS: CEOs finally granted access to UN talks as secretary general targets new strategy to curb carbon emissions
UN and World Bank ‘inefficiency’ blocking forest aid efforts
NEWS: Report from leading REDD donors Norway warns of ‘growing perception’ countries are missing out on millions
World Bank pledges $5bn to power Africa
NEWS: Hydropower is a key plank of US$5 billion World Bank investment in electricity for Africa
Nigeria energy minister backs solar for rural communities
NEWS: Ositadinma Nebo says country will invest in coal and gas power for national grid to combat urban blackouts
World Bank sees ‘momentum’ behind global carbon price
NEWS: Top climate change official Rachel Kyte says Australia’s decision to ditch carbon price won’t change international picture
Morocco hailed as climate ‘poster child’ after oil subsidy axe
NEWS: Government move to stop funding cheap petrol and diesel hailed as major progress by World Bank’s Rachel Kyte
World Bank: Climate policies could generate $2.6 trillion a year
NEWS: Smart policies in US, EU, China, India, Brazil and Mexico would add trillions to global wealth
Record Funding for the Global Environment Facility
30 donor countries today pledged US$ 4.43 billion for the GEF to support developing countries’ efforts over the next four years to prevent degradation of the global environment.
World Bank spent $1bn exploring for new fossil fuels in 2013
NEWS: Spending on fossil fuel exploration by development bank increased in 2013, according to new analysis
World Bank boosts Solomon Islands adaption efforts with $9.1m grant
NEWS: World Bank funds will go towards early warning systems and community projects in vulnerable island nation
World Bank chief backs fossil fuel divestment drive
Jim Yong Kim says levels of carbon dioxide threaten development gains over the past two decades
Norway commits $100m to World Bank forest protection scheme
Funds will allow Congo Basin countries to start developing national strategies to reduce rainforest destruction
India on course to become solar ‘global leader’
Investment and skills bottlenecks need to be addressed if India is to hit true potential warns World Bank
World Bank chief condemned for backing 4000MW India coal plant
Dr Jim Yong Kim’s commitment to addressing climate change questioned in letter from 68 environmental groups
Clean cookstoves can save lives and slow climate change
World Bank report says deaths from cookstove emissions are higher than the toll of HIV/AIDS, malaria, and tuberculosis combined
Analysis: world’s finance chiefs are taking aim at fossil fuels
Heavyweights of world finance have fired warning shots at the fossil fuel industry by calling for cutbacks in its subsidies