World Bank
No bailout for the Earth’s climate, warns OECD chief
Morning summary: OECD head to address climate change in speech; South Korea and China discuss climate cooperation; and World Bank and IMF heads discuss climate finance
World Bank and IMF stress urgency of climate action
Leading financial institutions agree that immediate action must be taken on climate change while world waits for global deal
World’s top banks to penalise businesses that damage nature
43 leading financial institutions including World Bank plan to cut credit for companies which rely on them but fail to value them
India plans ‘green energy corridor’ to boost renewables capacity
India’s electricity grid needs US$7.9 billion investment to incorporate increasing use of wind and solar energy sources
Comment: the World Bank’s coal ban is just a start
Writing for RTCC, WWF’s Global Climate & Energy Initiative Samantha Smith says financial institutions need to cut their backing for coal, oil and gas
85% of Filipinos say they are feeling effects of climate change
Eight out of ten of Filipinos are being personally impacted by climate change, including extreme weather events and health problems
World Bank to cut financing for coal plants
Morning summary: The World Bank will limit financing of coal-fired power plants to “rare circumstances”
World Bank to stop financing coal projects
Funding will continue to coal projects in poor areas where “there are no feasible alternatives”
World Bank warns it’s time to focus on climate adaptation
New report assesses climate impacts for world’s most vulnerable regions, finds many unable to cope with even moderate warming
World Bank chief defends coal investments
Jim Yong Kim stresses importance of fighting climate change but says sometimes development and energy access must take priority
Climate finance could fail those most at risk – report
Tearfund research warns public money needed for adaptation as US State Department defends donor meeting next week that will focus on private funds
World Bank plans to take lead in climate challenge
Jim Yong Kim calls for end to extreme poverty by 2030 and promises organisation will boost efforts to address climate change
World Bank to prioritise support for climate vulnerable states
RTCC’s daily round-up of the top climate change and green economy stories from around the world
World Bank: climate change hurting global economy
World Bank chief says climate change is not a distant threat, but one that is having economic consequences today
$180m boost for World Bank forest carbon fund
Climate change and deforestation fund receives new donations from Norway, Germany and Finland
World Bank: Arab nations must face climate change realities
COP18: New report finds the Arab region especially vulnerable to climate change, with five countries setting new temperature records in 2010.
Earth on course for 4°C warming warns World Bank
New study increases pressure on governments heading to COP18 climate change talks in Doha to make ambitious cuts in emissions ahead of 2015 deal
World Bank fears 4°C warming by 2100
Climate Live: The latest climate change headlines curated by RTCC, updated daily from 0830-1700 GMT
Environmental degradation holds back growth, says World Bank
CBD COP11: Group’s sustainable development chief says investment in nature is crucial for poverty eradication and greener growth.
Who pays for climate change: What we learnt after day one of the UNFCCC finance workshop
Updates from the first day of the UN workshop on climate finance as diplomats and NGOs gather to discuss how to raise and distribute the billions of dollars required to prepare for, and limit the impacts of climate change.