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Building Carbon Markets of the Future

A view of Ain Beni Mathar thermo-solar power plant. - Photo: World Bank/Flickr
Members of the Partnership for Market Readiness met in March, 2013 to discuss innovative approaches to greenhouse gas mitigation that will sow the seeds for the carbon markets of the future. Available in: Español | Chinese | Press Release Read More »

Full Steam Ahead: World Bank Seeks 'Global Push' for Geothermal Energy Revolution

Geothermal plant in Iceland.
The World Bank is launching a Global Geothermal Development Plan to bring together donors and multilateral lenders around an investment plan to scale up geothermal power in the developing world.  Read More »

The Poverty and Welfare Impacts of Climate Change - Podcast

A woman carries a bucket and her child in rural Mali. - Photo: World Bank/Flickr
In this podcast interivew, Emmanuel Skoufias, a lead economist for the World Bank's Poverty unit, talks about his report, 'the Poverty and Welfare Impact of Climate Change: Quantifying the Effects, Identifying the Adaptation Strategies,' and how people can adjust to climate shocks.   Read More »

World Could Be 4 Degrees Hotter By End of This Century - Video

A screen grab of the four degrees hotter world video.
This video, also available in Spanish, warns about the potentially disastrous consequences a four degree celsius warmer world will have by 2100 and suggests immediate actions to prevent this looming threat. Read More »

Talking to the UN Security Council about Climate Change

Rachel Kyte and Ban Ki-Moon at the UN Security Council. - Photo: Yuvan Beejadhur
Rachel Kyte, Vice President for Sustainable Development network of the World Bank, addressed the United Nations Security Council in New York on February 15, 2013 about the dangerous threat of climate change to cities and countries and its influence on the efforts of the UN and the World Bank. Read More »

Engaging with Indigenous Peoples on Forests

Collage of images from four regional events held for Indigenous Peoples.
In a blog, Benoit Bosquet, a lead carbon finance specialist at the World Bank, writes: "Indigenous Peoples have turned from critics of REDD+ to critical actors for REDD+." Read More »

Make Climate Change a Priority

World Bank President Jim Yong Kim. - Photo: World Bank/Flickr
In an opinion piece published in The Washington Post, World Bank President Jim Yong Kim writes, "as economic leaders gathered in Davos this week for the World Economic Forum, much of the conversation was about finances. But climate change should also be at the top of our agendas, because global warming imperils all of the development gains we have made." Read More »

Supporting Climate Change Resiliency in Mozambique

Water drips out of a tap in Marracune, Mozambique. Photo: Eric Miller/World Bank
The World Bank approved US$87 million to support the Government of Mozambique’s efforts to develop a climate change-resilient economy and scale-up high impact nutrition interventions benefiting over one million Mozambicans. Read More »

Plugged in to Progress with Geothermal Energy in Kenya

A grocery store in Kola central village. - Photo: World Bank
Only 16% of Kenyans have access to electricity, but with evidence of abundant geothermal resources beneath the country’s share of East Africa’s Rift Valley, the government plans to double geothermal generation to bring electricity to villages. Read More »

Big Boost for Climate and Forests Protection

Paddy fields in rural Sri Lanka. - Photo: World Bank/Flickr
To combat climate change and deforestation, Finland, Germany, and Norway have each announced new financial contributions totaling approximately US$180 million to the Forest Carbon Partnership Facility (FCPF), the World Bank administered facility that was set up to compensate developing countries for reductions in CO2 emissions achieved by preserving their forests. Read More »