Nature’s high returns

The mega-challenges engulfing the world today – from COVID-19 to climate change – have environment_hero.jpghighlighted the interdependencies between people, planet, and the economy.  As we chart a course to reignite global growth and drive green, resilient, and inclusive development, we must not ignore these interlinkages. Nature – meaning biodiversity and the services that healthy ecosystems provide – is central to this endeavor, especially in developing countries, where poor people in rural areas tend to rely heavily on nature’s services and are the most vulnerable to its depletion.

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World Bank Group Exceeds 2020 Climate Finance Target for 3rd Consecutive Year – $21.4 Billion in Funding for Climate Action

STORY HIGHLIGHTS

  • In fiscal year 2020, the World Bank Group allocated nearly $21.4 billion to climate-climate-finance-2020-collagerelated investments, surpassing its climate-finance target for the third year in a row.
  • Bank Group climate finance exceeded $83 billion over the 5 years that the first Climate Change Action Plan (2016-2020) was in effect.
  • Three country snapshots illustrate ways in which climate change considerations were integrated into projects in Malawi, Bangladesh and Tunisia.

Human capital and climate action: Outcomes that deliver for people and planet

There is now a wealth of evidence that ensuring a well-educated, healthy, and well-students_in_primary_seven_at_zanaki_primary_school_in_dar_es_salaam_tanzania_heronourished population can pay bigger dividends to the economy than investing in roads and bridges alone. The World Bank Group’s Human Capital Project, launched in 2018, aims to accelerate more and better investments in people as a key way to unlock greater equity and inclusive growth.

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Developing countries want more action on climate: The World Bank is stepping up

By Axel van Trotsenburg, World Bank Managingfloods.jpgDirector of Operations

I have read the many reports that summarize the dire state of the climate and our planet’s worsening prospects. I know the hard statistics docum

enting rising temperatures, the increasing intensity of natural disasters and warmer seas. I have been meeting with representatives from developing countries who have one request: we need less talk and more action on climate.  

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In Small Island States, Resilient Transport is Providing a Lifeline Against Disasters

STORY HIGHLIGHTS

  • Due to their size and location, Small Island Developing States (SIDS) are particularlyA man stands next to a bridge on the East Cape Road. The East Ca vulnerable to climate risk.
  • When disaster strikes, damage to transport systems typically makes up a large share of overall losses, and is often one of the main obstacles to recovery.
  • The World Bank is answering the call with unprecedented support to the transport sector in small island states. A total of eight transport projects have been approved in SIDS over the last year, all of which include a resilience component.

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World Bank Group Announces $200 billion over Five Years for Climate Action

Funding for 2021-2025 includes a significant boost for adaptation and resilience World Bank building

Washington DC – 3 December, 2018 —The World Bank Group today announced a major new set of climate targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries. The plan also represents significantly ramped up ambition from the World Bank Group, sending an important signal to the wider global community to do the same.

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eC2: Building the Capacity of Water Supply Service Providers in Disaster Risk Management and Climate Adaptation

Deadline: 15-Nov-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

This consultancy services is to provide advisory services and technical inputs to increase indonesiaawareness and capacity of relevant Government of Indonesia line agencies in developing DRM and climate adaptation plans for water supply infrastructure, particularly to address seismic and hydro-meteorological (floods, droughts and landslides) risks. The key objectives are to: (i) develop a technical report that outlines guidance on how to address DRM and climate adaptation aspects in water supply infrastructure; (ii) develop a set of technical guidelines and standard operating procedures that will assist PDAMs to prepare DRM and climate adaptation plans; and (iii) provide technical assistance to AKATIRTA and/or MPWH’s Balai Teknik Air Minum (BTAM) to increase their capacity in delivering trainings and education programs in the design and operation of resilient water and sanitation infrastructure.

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