The global landscape of development finance is changing. Some formerly poor countries are becoming richer, and new, large-scale investors have entered the field. At the same time, the global community is becoming increasingly aware of the need to enhance social well-being and environmental sustainability. This working paper looks at different ways in which the World Bank has attempted to navigate this landscape with its safeguard policies. It provides lessons for the Bank and other institutions that are looking to encourage national ownership over the safeguard process while holding both themselves and governments accountable to minimum social and environmental standards.
Limiting global temperature rise to 2°C above pre-industrial levels will require billions of dollars in investments each year to mitigate greenhouse gas emissions and shift to low-emissions development pathways. This report draws on the experiences of six developing countries to examine how public climate finance can help meet the significant investment needs of developing countries by creating attractive conditions for scaled-up investment in low-carbon energy. Building on lessons from the case studies, it provides a number of recommendations for international climate funds and institutions, in particular for the new Green Climate Fund.
Three leading global environmental and conservation organizations are honoring Indonesia’s President H.E. Susilo Bambang Yudhoyono with the first-ever “Valuing Nature Award” for his leadership in recognizing the importance of natural resources and working to conserve them.
This document provides a glossary of financing instruments and the mechanism of these instruments. These definitions may serve as a useful reference for public sector decision-makers evaluating the broad toolkit
of options available to support private sector climate change mitigation projects in developing countries.
These tables provide examples of donor government, development bank, research organization, and private sector efforts that examine how to use public climate finance to leverage private capital for climate change mitigation projects in developing countries. These tables are intended to illustrate, rather than exhaustively list, the range of research and convening initiatives focused on this topic. This document will periodically be updated as the landscape of such initiatives is dynamic and shifts periodically.
This document provides an array of relevant papers, publications, and resources that address: 1) Using Public Resources to Leverage Private Sector Participation; 2) Types of Public Financing Instruments and Mechanisms; and 3) Other Contextual Publications. These reading resources represent the current span of literature in climate finance as it relates to the private sector and can be reviewed to enhance one’s understanding of the nuanced opportunities and challenges presented by climate finance. This document will periodically be updated as organizations continue to publish in this space.
The UN Conference on Sustainable Development (Rio+20) comes to a close today. In total, more than 100 heads of state and tens of thousands of representatives from government, business, and civil society came together over two weeks to advance solutions on sustainable development in Rio de Janeiro.
On Tuesday, June 19, 2012, more than 300 representatives from governments, UN agencies, and civil society will gather to express their support for action and make commitments around open and transparent government and environmental issues.
The World Resources Institute (WRI) and the British Embassy are launching a two year partnership to measure corporate and farm-level emissions in Brazil. Agricultural emissions account for nearly 20 percent of Brazil’s emissions, with agricultural production on the rise.