How auctions could unlock capital for climate action

March 6, 2018 by  
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An innovative World Bank program offers price guarantees to projects for reducing greenhouse gas emissions, drawing on public funds.

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How auctions could unlock capital for climate action

How Indian companies use carbon pricing as a planning tool

December 21, 2017 by  
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Last month, at the fourth annual Climate Business Forum, hosted in New Delhi by the International Finance Corporation (IFC), part of the World Bank Group, there was a buzz in the air about business opportunities in clean solutions, as Indian government ministers, leading companies and investors presented their plans to scale up solar, green buildings and distributed energy storage using disruptive business models and innovative financing.

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How Indian companies use carbon pricing as a planning tool

The World Bank will stop funding oil and gas projects after 2019

December 12, 2017 by  
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One of the world’s leading financial institutions just announced plans to stop financing oil and gas projects. Today at the One Planet Summit , the World Bank officially announced that it will quit financing upstream oil and gas after 2019. The announcement is part of their efforts to assist developing countries in meeting the goals of the Paris Accord . World Bank president Jim Yong Kim, together with French president Emmanuel Macron and United Nations Secretary-General Antonio Guterres, gathered world leaders at the One Planet Summit to work towards action on climate change . On the occasion, the World Bank Group made several announcements, the first of which was their decision to quit financing upstream oil and gas after 2019. Related: World’s largest sovereign wealth fund could ditch oil and gas stocks The move is meant to help developing nations move closer to Paris deal goals. There may be exceptions for some countries; the World Bank said, “In exceptional circumstances, consideration will be given to financing upstream gas in the poorest countries where there is a clear benefit in terms of energy access for the poor and the project fits within the countries’ Paris Agreement commitments.” In opening remarks , Kim called for incentives for change, such as “removing fossil fuel subsidies, introducing carbon pricing, increasing energy efficiency standards, and implementing auctions for lowest cost renewable energy .” He said, “Every day, climate change becomes a more urgent economic, social, and existential threat to all countries and all people. We need investments in the trillions – not billions – to have any hope of keeping the commitments we made here two years ago. That’s what this summit is all about.” The World Bank also said they’re on track to reach their goal of directing 28 percent of their lending towards climate action by 2020. They also think they’ll meet the targets of their Climate Change Action Plan, which seeks to assist developing countries in adding enough renewable energy to power 150 million houses , or 30 gigawatts. Via the World Bank Images via World Bank on Twitter and Jim Yong Kim on Twitter

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The World Bank will stop funding oil and gas projects after 2019

11 charitable green gifts that give back

December 12, 2017 by  
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Turn your holiday shopping into an act of kindness this year with our picks for festive and charitable gifts that give back. The National Wildlife Federation dedicates proceeds from its holiday birdseed wreaths to protect American wild animals, and you can  adopt an African elephant for just $25 from the World Wildlife Fund. Check out our favorite gifts that give back here ! GIFTS THAT GIVE BACK >

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11 charitable green gifts that give back

Bangladesh wants to become the world’s first “solar nation” by 2021

January 29, 2015 by  
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The Bangladeshi government wants every household in the nation to be solar powered by 2021. In the race to become the “first solar nation,” they hope to achieve this goal by focusing on what they call solar home systems (SHS). Solar home systems are provided by the government to homes that do not have access to the main power grid , thus supplying power where there previously was none. Read the rest of Bangladesh wants to become the world’s first “solar nation” by 2021 Permalink | Add to del.icio.us | digg Post tags: “clean energy” , “sustainable energy” , Bangladesh , country , first solar nation , Homes , households , national , nationwide , off the grid , power , remote areas , renewable energy , SHS , solar home systems , solar panels , Solar Power , world bank

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Bangladesh wants to become the world’s first “solar nation” by 2021

Contemporary Cone House resembles a shingle-clad boat brought ashore in Sweden

January 29, 2015 by  
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Read the rest of Contemporary Cone House resembles a shingle-clad boat brought ashore in Sweden Permalink | Add to del.icio.us | digg Post tags: angular house , Cone House , double-height , glazed end wall , natural light , shingle-clad architecture , shingles , Stockholm Archipelago , Sweden , Trigueiros Architecture , triple-height room , waterfront , wooden flooring , wooden shingles

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Contemporary Cone House resembles a shingle-clad boat brought ashore in Sweden

World Bank Report Shows Almost a Third Of All Food Produced is Wasted

March 3, 2014 by  
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Produce Photo from Shutterstock According to the latest issue of the World Bank’s quarterly Food Price Watch , the world loses or wastes one-quarter to one-third of all food produced for human consumption . This shocking statistic means that while much of the world suffers from malnourishment, up 1520 calories per day are thrown away in the developed world. Read the rest of World Bank Report Shows Almost a Third Of All Food Produced is Wasted Permalink | Add to del.icio.us | digg Post tags: calories , food price watch , food pricing , food waste , recycling food , world bank        

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World Bank Report Shows Almost a Third Of All Food Produced is Wasted

Coal Plants Kill Thousands of People in India Each Year, Says Greenpeace

March 11, 2013 by  
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Photo via Shutterstock Up to 120,000 premature deaths every year result from India’s failure to properly control emissions from a growing number of coal plants throughout the country, according to a Greenpeace report . Meanwhile, a former World Bank report reveals that the rising number of pollution-related health cases costs up to $4.6 bn, according to The Guardian . Unless significant changes occur, the problem could worsen as officials race to meet a burgeoning demand by building a slew of new coal plants throughout the country. Read the rest of Coal Plants Kill Thousands of People in India Each Year, Says Greenpeace Permalink | Add to del.icio.us | digg Post tags: asthma , carbon emissions , coal , coal plants , death , dirty energy , Environment , Greenpeace , India , News , Pollution , sulphur , world bank

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Coal Plants Kill Thousands of People in India Each Year, Says Greenpeace

The Online CARMA Database Monitors CO2 Emissions for the World’s 60,000 Power Plants

October 12, 2012 by  
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Climate change is a world-wide problem, spanning nations, time zones and environments. Challenges of such a massive scale demand a powerful and comprehensive means through which to observe, collect, and process a huge amount of data. Created by the Center for Global Development , the Carbon Monitoring for Action (CARMA) is a web-based program that keeps tabs on the greenhouse gas emissions of over 60,000 plants across the globe. Read the rest of The Online CARMA Database Monitors CO2 Emissions for the World’s 60,000 Power Plants Permalink | Add to del.icio.us | digg Post tags: carbon monitoring for action , carma , center for global development , Climate Change , CO2 , david wheeler , google earth , greenhouse gas , kevin ummel , landsat , scientific american , washington d.c. , world bank

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The Online CARMA Database Monitors CO2 Emissions for the World’s 60,000 Power Plants

VIDEO: See How Painting Mountains in Peru is Slowly Bringing Back Lost Glaciers

December 5, 2011 by  
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When we first learned about Eduardo Gold’s plan to paint the Peruvian Andes white in order to deflect heat back into the atmosphere and bring back the shrinking glaciers, we weren’t 100% certain whether the guy was in his right mind. But nearly 18 months later, it seems that he might have been on to something after all. CNN recently hiked with the engineer and his crew to roughly 16,400 feet above sea level – where the team has already painted about 50,000 square feet of rock white with a mixture of lime, water and sand. Remarkably, the temperature is 30 degrees fahrenheit cooler than unpainted sections of the mountain, and ice is already beginning to form. Check out CNN’s video after the jump. Read the rest of VIDEO: See How Painting Mountains in Peru is Slowly Bringing Back Lost Glaciers Permalink | Add to del.icio.us | digg Post tags: alpaca , CNN , eco design , eduardo gold , glaciers , global warming , green design , humanitarian relief efforts , paint in peru , painted andes , painted mountains , peru , Peruvian Andes , sustainable design , white paint , world bank

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VIDEO: See How Painting Mountains in Peru is Slowly Bringing Back Lost Glaciers

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