Press Release

World Bank and Partners Award $4.8 Million to 26 Innovative Ideas to Save the Planet

13 NOVEMBER 2009 | Close to $5 million in grant money has been awarded to 26 innovative climate adaptation projects, through the 2009 Global Development Marketplace, a global competitive grant program to fund innovation in development.

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 2 DECEMBER 2009 | Washington, DC -Two new GEF videos show case the innovative and inspiring ways local communities are working to mitigate and adapt to climate change.

High in the Himalayas, the people of Bhutan race against time to drain Thotomi Glacier Lake, which threatens to rupture in a tidal wave that would obliterate downstream villages. The new GEF video “Silent Tsunami” takes you to the high-altitude worksite where laborers, engineers and geologists race climate change to save their country.

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10 DECEMBER 2009 | Copenhagen --The world’s largest public environment fund, the Global Environment Facility (GEF) is joining with the IFC, a member of the World Bank Group, and Standard & Poor’s to launch the world’s first carbon efficient index for emerging markets. The partners predict their efforts could mobilize more than $1 billion for carbon-efficient companies over the next three years.

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Coral triangle Ministers call on Copenhagen negotiators to give attention to impacts of climate change on their ocean and coastal environments.

 

14 DECEMBER 2009 -Copenhagen, Denmark – Ministers from the Solomon Islands and Indonesia - on behalf of the Coral Triangle countries - today called on world leaders to recognize and act upon the threat climate change poses to marine environments, particularly the adverse impacts on coral reefs, fisheries and food security. GEF has committed up to $63 million to support a program of action under the Coral Triangle Initiative.

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