MDB Climate Finance Hit Record High of US$35.2 billion in 2017

1395245055298An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks.

WASHINGTON, June 13, 2018 – Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 per cent on the previous year.

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eC2: Mainstreaming Disaster Risk Management to Sustain Local Infrastructure- A Case Study on Resilient Roads Planning.

Deadline:   05-Apr-2018 at 11:59:59 PM (Eastern Time – Washington D.C.) Ethiopia-Road-Construction

Objective:  The objective of this technical assistance (TA) is to increase the capacity and knowledge of selected LGU/s in dealing with climate/disaster risks faced by local transport infrastructure and pilot an institutionalized coordination process with the national agencies to better inform local roads planning, using a learning-by-doing approach. The activity will revolve around three important areas: (a) high-resolution risk mapping based on existing hazard information; (b) a prioritization of corrective investments, including primarily those for roads improvement and flood management, based on life cycle approach; and (c) planning, design standards and asset management frameworks especially for local roads are reevaluated in light of future climate and natural hazard risks. The firm has to demonstrate experience working on previous assignments in the Philippines. Because of the capacity building component and learning by doing approach, international firms are encouraged to tap a local entity for this purpose such as a local firm, university, research/think tank group, NGO, or individual. The TA site is still to be agreed with government.

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Meet the Human Faces of Climate Migration

STORY HIGHLIGHTS climate

  • A new World Bank report has found that by 2050 the worsening impacts of climate change in three densely populated regions of the world could see more than 140 million people move within their countries’ borders.
  • With concerted action, however, including global efforts to cut greenhouse gas emissions and robust development planning at the country level – this worst-case scenario could be dramatically reduced, by as much as 80 percent, or 100 million people.
  • The report identifies “hotspots” of climate in- and out-migration. These include climate-vulnerable areas from which people are expected to move, and locations into which people will try to move to build new lives and livelihoods

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Ec2: Climate / Natural Disaster Risk Insurance: review and validation of financial & pricing models

Deadline: 01-Feb-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: IFC is seeking a third-party company with expertise in financial modeling (Vendor) to analyze, evaluate and validate the pricing and risk selection of a submitted insurance portfolio of climate and natural disaster risks in select Emerging Markets (the Portfolio) against IFC pre-defined criteria.

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eC2: Evaluation of Local Stakeholder Engagement in the Climate Investment Funds

Deadline: 19-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The purpose of this evaluation is to better understand the extent to which CIF programs and their local stakeholder engagement (LSE) mechanisms have accomplished their goals and are achieving tangible benefits to end-beneficiaries; to inform enhancements and increase the effectiveness of CIFs LSE approach; and to identify successes, challenges, and lessons learned for the benefit of the CIF, multilateral development banks, and other climate finance mechanisms.

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eC2: Facilitated Learning on Transformational Change in the Climate Investment Funds

Deadline: 06-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The overall purpose of the Transformational Change Learning Partnership (TCLP), undertaken within the Evaluation and Learning (E&L) Initiative of the Climate Investment Funds (CIF), is to increase the transformative impact of CIF investments and those of other funds by establishing a more systematic and robust understanding transformational change in the CIF context.

global-warming-climate-change-tree_1big_stock2

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World Bank Group Climate Change Action Plan 2016-2020

K8860_pdfClimate change poses an enormous challenge to development. By 2050, the world will have to feed 9 billion people, extend housing and services to 2 billion new urban residents, and provide universal access to affordable energy, and do so while bringing down global greenhouse gas emissions to a level that make a sustainable future possible. At the same time, floods, droughts, sea-level rise, threats to water and food security and the frequency of natural disasters will intensify, threatening to push 100 million more people into poverty in the next 15 years alone.

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Climate-related projects 2017 of the Worldbank

In FY2017, the WBG provided over $12 billion in financing for climate-related projects. Some results from our work include:

Cities:

  • In Vietnam, the World Bank has assisted the city of Can Tho to become more climate resilient and promote sustainable urbanization and transport corridors. An investment of US$ 250 million from the Bank and US$ 10 million from the Swiss Development Agency (SECO) is implemented across six development sectors to increase the city’s physical, financial and social resilience to adverse events. One of the activities involves combining a transport link and an embankment, which has multiple benefits including reducing water displacement and flooding in the Mekong Delta.climate

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eC2: SME support for promoting climate resilience

climateDeadline:  26-Oct-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective:  IFC is currently implementing the Pilot Project for Climate Resilience in Bangladesh focused on the southern, coastal, polder regions. Under the project, IFC is supporting development an eco-system of private sector enterprises, including SMEs, to promote climate smart technologies and practices. IFC is seeking to recruit a specialized agency in Bangladesh to support capacity building of growth-oriented SMEs and make them climate smart and investor ready to link them with potential impact investors for growth and expansion.

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eC2: Assessing the current losses and improving the economic analysis of the costs of the on-going climate related catastrophic forestry events based on international experience

climate.jpgDeadline: 16-Oct-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The World Bank seeks consultant services to carry out two analytical activities under Component 1: a. Review the amount of damage in terms of damaged and destroyed forest stock and other losses (e.g. erosion, soil loss, loss of non-timber forest products, impact on wildlife and game), how the clear up, salvage and recovery operations were planned and are being implemented. b. Improve the economic analysis of the costs of on-going climatic related catastrophic forestry events, e.g. fire, wind, snow, ice.

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