Scaling up climate investments will require innovation in five key areas

 
Just ask the investors: businesses in emerging markets can no longer afford to ignore the risks posed by the changing climate to their bottom lines. Ranging from increasingly frequent and severe weather events to new regulations and changing consumer preferences, climate change is fundamentally transforming the way we do business. Increasingly, companies and their investors are seeking opportunities to transition to and invest in climate-smart portfolios.

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Breaking the Cycle of Crisis

Thirty years ago, a million people in Ethiopia died in one of the worst famines in modern history – a disaster caused by conflict and drought.

Today, conflict and drought are again contributing to a crisis that has put 20 million people in four countries on the brink of famine. This time, Ethiopia is not among them.

Is climate-smart gender-smart?

Climate-smart agriculture (CSA) can help make the food system more sustainable in a changing climate. But does it come at a cost to women, rw_gender_ag_blogin terms of a heavier workload?

Climate-smart agriculture’s three pillars: improved agricultural productivity, increased adaptation to climate change and reduction of greenhouse gases are goals well worthy of targeting. On the one hand, CSA practices such as water harvesting or planting trees that provide more accessible fuel, fodder and food can save women’s time. On the other hand, some practices such as increased weeding or mulch spreading can require women to spend more time in the field.

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Newsletter December 2016: Gearing towards Dutch Success

Yesterday the fourth edition of the 2016 newsletter of NL4WorldBank was published.newsletter-dec-2016
In this edition the focus is on the success of SCOPEinsight, a long term partner of IFC. You can also find new presentations of the World Bank on the New Procurement Framework, GAFSP and IFCs vision on Climate Smart Agriculture, as well as the MoU signed by the government of Curacao, the new Doing Business report and a report on Carbon Pricing, and a couple of important upcoming events! 
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IFC presentations on GAFSP and Climate Smart Agriculture

As part of the strategic partnership ‘Food for All’ between the World Bank Group and the International_Finance_Corporation_LogoNetherlands,  the Netherlands Enterprise Agency, IFC, and IUCN organized an event on GAFSP and the impact of Climate Smart Agriculture on October 28, 2016. Climate change affects companies in the agro-food and beverage sectors all around the world. They face increasing risks: from reduced productivity, new laws and policies, to reputation risks or volatile market prices. Effectively managing risks and opportunities of climate change is vital to secure long-term viability of companies and value chains. Integrating climate smart agricultural techniques and projects in business operations can help firms to become more climate-resilient and in the meantime reduce pressure on forests and other ecosystems and the services they provide. Especially in developing countries, climate change implies challenges to food security and sustainable food production and trade.

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Climate-Smart Poultry Farming Brings Prosperity to Kenya’s Smallholders

STORY HIGHLIGHTSKenya

  • The Kenya Agricultural Productivity and Agribusiness Project supports smallholder farmers through new technologies, improved market access and climate-smart agriculture approaches.
  • More than 75% of Kenyans make a living in agriculture.
  • Poultry is recognized for being among the “greenest” meats, using up less resources and emitting less greenhouse gases than larger livestock.

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World Bank Pledges $2 Billion to Bangladesh for Climate Smart Growth

President Kim Says Funds Will Further Increase Resilience to Climate Changewebsite-graphic_carousel-green

DHAKA, October 18, 2016—World Bank Group President Jim Yong Kim, concluding a two-day trip to Bangladesh focused on the country’s successes in reducing extreme poverty, pledged $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.

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Latin America and the Caribbean: seizing a trillion dollar opportunity in climate investments

Article published on http://www.worldbank.org on July 13, 2016.

Soon the world will celebrate the one-year anniversary of the historic climate agreement  Alessandra Bazan Testino / IFC signed in Paris in December 2015. The agreement will be implemented through country-led greenhouse gas (GHG) emissions reduction commitments known as their intended Nationally Determined Contributions (NDCs), which to date have been submitted by 189 countries covering 95 percent of global GHG emissions.

Apart from signaling concrete commitments, these reduction targets also offer a clear signpost of the investment direction countries need to follow as the global economy steers towards a low-carbon, climate-resilient pathway. Estimates point to between $57 trillion and $93 trillion in new low-carbon, climate resilient infrastructure investment by 2030.[1] How developing countries evaluate and respond to their infrastructure needs will greatly determine their ability to meet GHG reduction commitments.

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The challenge to be climate smart with the world’s agriculture

Article published on http://www.worldbank.org on August 11, 2016.

Here’s something you may not be aware of: agriculture and changes in land use already contribute 25 percent of greenhouse gas emissions. It’s a statistic that matters in the face of two unrelenting challenges now facing the globe –how to turn the promises of last December’s historic Paris climate change agreement into reality and how to feed a growing global population.

Already more than one billion people on the planet are now undernourished, and the world needs to produce at least 50 percent more food by 2050 to feed an estimated nine billion people. And we have to achieve that while delivering on the Paris agreement to keep the global temperature rise well below two degrees Celsius and to drive efforts to limit the temperature increase even further to 1.5 degrees Celsius above pre-industrial levels.

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China Poverty Alleviation and Agriculture-based Industry Pilot and Demonstration in Poor Areas Project

The World Bank Board of Directors will discuss the Poverty Alleviation and Agriculture-based Industry Pilot and Demonstration in Poor Areas Project on June 23rd on an Absence of Objection Basis. This project has a total value of $295 million, of which $150 million is provided by the World Bank.

The proposed Project Development Objective (PDO) is to develop and demonstrate rural value chains that promote equitable organizational arrangements, participation, and the suitable increase of income of target households in the project provinces of Gansu, Sichuan and Guizhou. This objective is to be achieved through the following 4 components:

  • Integrated Value Chain Development ($195.7 million)
  • Public Infrastructure and Services ($66.9 million)
  • Research, Training and Extension ($0.7 million)
  • Project Management, Monitoring and Evaluation ($10 million) Continue reading