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Development and Climate Change : A Strategic Framework for the World Bank Group - Technical Report.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank.
Contributor:
International Finance Corporation.
Multilateral Investment Guarantee Agency.
Series:
Development Policy Review
World Bank e-Library.
Language:
English
Subjects (All):
Afforestation.
Air Quality.
Alternative Energy.
Carbon Credits.
Carbon Dioxide.
Carbon Finance.
Carbon Intensity.
Clean Development Mechanism.
Clean Energy.
Climate.
Climate Change Economics.
Climate Change Mitigation and Green House Gases.
Climate Risk Management.
Coal.
Coral Reefs.
Developed Countries.
Economic Diversification.
Electricity.
Emission Reductions.
Emissions.
Energy.
Energy Efficiency.
Energy Intensity.
Energy Production.
Energy Production and Transportation.
Energy Security.
Environment.
Environmental Economics & Policies.
Extreme Weather Events.
Feasibility.
Financial Crisis.
Financial Institutions.
Floods.
Forests.
Fossil Fuels.
Fuel Prices.
Glaciers.
Global Environment Facility.
Governance.
Gross National Income.
Hurricanes.
Insurance.
Intergovernmental Panel On Climate Change.
International Governmental Organizations.
Land Management.
Macroeconomics and Economic Growth.
Precipitation.
Price Volatility.
Renewable Energy.
Risk Management.
Storms.
Transaction Costs.
Local Subjects:
Afforestation.
Air Quality.
Alternative Energy.
Carbon Credits.
Carbon Dioxide.
Carbon Finance.
Carbon Intensity.
Clean Development Mechanism.
Clean Energy.
Climate.
Climate Change Economics.
Climate Change Mitigation and Green House Gases.
Climate Risk Management.
Coal.
Coral Reefs.
Developed Countries.
Economic Diversification.
Electricity.
Emission Reductions.
Emissions.
Energy.
Energy Efficiency.
Energy Intensity.
Energy Production.
Energy Production and Transportation.
Energy Security.
Environment.
Environmental Economics & Policies.
Extreme Weather Events.
Feasibility.
Financial Crisis.
Financial Institutions.
Floods.
Forests.
Fossil Fuels.
Fuel Prices.
Glaciers.
Global Environment Facility.
Governance.
Gross National Income.
Hurricanes.
Insurance.
Intergovernmental Panel On Climate Change.
International Governmental Organizations.
Land Management.
Macroeconomics and Economic Growth.
Precipitation.
Price Volatility.
Renewable Energy.
Risk Management.
Storms.
Transaction Costs.
Other Title:
Development and Climate Change
Place of Publication:
Washington, D.C. : The World Bank, 2008.
System Details:
data file
Summary:
This strategic framework serves to guide and support the operational response of the World Bank Group (WBG) to new development challenges posed by global climate change. Unabated, climate change threatens to reverse hard-earned development gains. The poorest countries and communities will suffer the earliest and the most. Yet they depend on actions by other nations, developed and developing. While climate change is an added cost and risk to development, a well-designed and implemented global climate policy can also bring new economic opportunities to developing countries. Climate change demands unprecedented global cooperation involving a concerted action by countries at different development stages supported by "measurable, reportable, and verifiable" transfer of finance and technology to developing countries. Trust of developing countries in equity and fairness of a global climate policy and neutrality of the supporting institutions is critical for such cooperation to succeed. Difficulties with mobilizing resources for achieving the millennium development goals and with agreeing on global agricultural trade underscore the political challenges. The framework will help the WBG maintain the effectiveness of its core mission of supporting growth and poverty reduction. While recognizing added costs and risks of climate change and an evolving global climate policy. The WBG top priority will be to build collaborative relations with developing country partners and provide them customized demand-driven support through its various instruments from financing to technical assistance to constructive advocacy. It will give considerable attention to strengthening resilience of economies and communities to increasing climate risks and adaptation. The operational focus will be on improving knowledge and capacity, including learning by doing. The framework will guide operational programs of WBG entities to support actions whose benefits to developing countries are robust under significant uncertainties about future climate policies and impacts-actions that have "no regrets."

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