Development and Climate Change

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."

Bibliographic Details

Main Authors:	World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2008
Subjects:	ABSOLUTE EMISSIONS, ACCESS TO CLIMATE RISK INSURANCE, ADAPTATION FINANCING, AFFORESTATION, AIR, AIR QUALITY, AIR TRAVEL, ALTERNATIVE ENERGY, ANNUAL COSTS, ANTHROPOGENIC GREENHOUSE, ANTHROPOGENIC GREENHOUSE GAS, APPROACH TO CLIMATE CHANGE, ATMOSPHERIC CONCENTRATION, CARBON, CARBON CREDITS, CARBON DIOXIDE, CARBON FINANCE, CARBON INTENSITY, CARBON MARKET, CARBON MARKETS, CARBON NEUTRAL, CARBON TECHNOLOGIES, CERTIFIED EMISSIONS REDUCTIONS, CLEAN DEVELOPMENT MECHANISM, CLEAN ENERGY, CLEAN ENERGY TECHNOLOGIES, CLEAN TECHNOLOGY, CLIMATE, CLIMATE ACTION, CLIMATE ANALYSIS, CLIMATE ANALYSIS INDICATORS, CLIMATE CHANGE, CLIMATE CHANGE FUND, CLIMATE CHANGE IMPACTS, CLIMATE CHANGE MITIGATION, CLIMATE CHANGE REGIME, CLIMATE CHANGE STRATEGIES, CLIMATE CHANGE STRATEGY, CLIMATE CHANGES, CLIMATE DAMAGE, CLIMATE IMPACTS, CLIMATE INVESTMENT, CLIMATE POLICIES, CLIMATE POLICY, CLIMATE RESILIENCE, CLIMATE RISK, CLIMATE RISK INSURANCE PRODUCTS, CLIMATE RISK MANAGEMENT, CLIMATE RISKS, CLIMATE SYSTEM, CLIMATE VARIABILITY, CLIMATE-RELATED DISASTERS, CLIMATE-RELATED RISKS, CLIMATE-SENSITIVE SECTORS, CO, CO2, COAL, COLORS, COMPACT FLUORESCENT LAMPS, CORAL REEFS, COST ESTIMATES, COSTS OF CLIMATE CHANGE, DEVELOPED COUNTRIES, DEVELOPMENT ECONOMICS, DIFFUSION, ECONOMIC ADJUSTMENT, ECONOMIC DIVERSIFICATION, ECONOMIC GROWTH, ECONOMIC GROWTH RATES, ECONOMICS OF CLIMATE CHANGE, ECOSYSTEM, ELECTRICITY, EMISSION, EMISSION PROFILE, EMISSION REDUCTION, EMISSION REDUCTION TARGETS, EMISSION REDUCTIONS, EMISSION SCENARIOS, EMISSIONS, EMISSIONS FROM DEFORESTATION, EMISSIONS LIMITATION, ENERGY EFFICIENCY, ENERGY EFFICIENCY MEASURES, ENERGY INFORMATION ADMINISTRATION, ENERGY INTENSITY, ENERGY POLICIES, ENERGY PRICE, ENERGY PRICES, ENERGY PRODUCTION, ENERGY SECURITY, ENERGY USE, ENVIRONMENTAL, ENVIRONMENTAL PROTECTION, EXCHANGE RATE, EXPOSURE TO CLIMATE RISKS, EXTREME PRECIPITATION, EXTREME PRECIPITATION EVENTS, EXTREME TEMPERATURE, EXTREME TEMPERATURE EVENTS, EXTREME WEATHER, EXTREME WEATHER EVENTS, FEASIBILITY, FINANCIAL CRISIS, FINANCIAL FLOWS, FINANCIAL INSTITUTIONS, FINANCIAL MECHANISM, FINANCIAL PRODUCTS, FINANCIAL RESOURCES, FINANCIAL_MECHANISM, FLOODS, FOREST, FOREST CARBON, FOREST DEGRADATION, FOREST FIRES, FORESTRY, FORESTS, FOSSIL FUEL, FOSSIL FUEL USE, FOSSIL FUELS, FRAMEWORK CONVENTION ON CLIMATE CHANGE, FROST, FUEL PRICES, FUTURE CLIMATE CHANGES, GAS FLARING, GHG, GHGS, GLACIER MELTING, GLACIERS, GLOBAL CARBON MARKET, GLOBAL CLIMATE, GLOBAL CLIMATE CHANGE, GLOBAL CLIMATE POLICY, GLOBAL EMISSIONS, GLOBAL ENVIRONMENT FACILITY, GLOBAL GREENHOUSE GAS, GLOBAL GREENHOUSE GAS EMISSIONS, GLOBAL TEMPERATURE, GLOBAL TEMPERATURE CHANGE, GOLD, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS INVENTORY, GROSS NATIONAL INCOME, HURRICANES, IMPACT OF CLIMATE, IMPACTS OF CLIMATE CHANGE, IMPLICATIONS OF CLIMATE CHANGE, INNOVATIVE FINANCING, INSURANCE, INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE, INTERNATIONAL EMISSIONS, IPCC, LAND DEGRADATION, LAND MANAGEMENT, LAND USE, LAND USE CHANGE, LOW-CARBON, MANAGEMENT OF CLIMATE CHANGE, MANAGEMENT OF CLIMATE CHANGE RISKS, METEOROLOGICAL ORGANIZATION, METEOROLOGICAL SERVICES, MITIGATION OF CLIMATE CHANGE, MOUNTAIN GLACIERS, NATIONAL CLIMATE, NATIONAL CLIMATE CHANGE, POLICY ADVICE, POLICY DECISIONS, PORTFOLIO, POWER SUPPLY, PRECIPITATION, PRICE VOLATILITY, PUBLIC GOODS, RENEWABLE ENERGY, RESILIENCE OF ECONOMIES, RESPONSE TO CLIMATE CHANGE, RISK MANAGEMENT, RISKS OF CLIMATE CHANGE, SEA LEVEL RISE, SEA-LEVEL, SEA-LEVEL RISE, SOCIAL AFFAIRS, STORMS, SUSTAINABLE DEVELOPMENT, SUSTAINABLE FOREST, SUSTAINABLE FOREST MANAGEMENT, SUSTAINABLE GROWTH, TEMPERATURE, TEMPERATURE CHANGE, TEMPERATURES, TRANSACTION COSTS, UNCERTAINTIES, UNEP, UNINTENDED CONSEQUENCES, VULNERABILITY TO CLIMATE RISKS, WEATHER PATTERNS, WIND, WIND POWER, WIND STORMS, WMO,
Online Access:	http://documents.worldbank.org/curated/en/210721468139493088/Technical-report https://hdl.handle.net/10986/28201
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