World Bank

Event: Advancing Natural Capital Accounting in Government, Business and Finance: Theory, Practice and Enabling Conditions [viewed]

This invitation-only event will bring together representatives from the public sector, international initiatives, knowledge centers, multilateral bodies, leading companies, financial institutions and academia to discuss steps that can be taken to create an enabling environment for the adoption of natural capital accounting (NCA) by governments, businesses and the financial sector. The purpose of the event is to engage experts and practitioners in the creation of a multi-stakeholder NCA platform. Specific topics include: the business case for NCA; how the uptake of NCA can be incentivized in various global and national contexts; uptake challenges, success stories and lessons learned from around the world; and how NCA policy options fit within the design of policy instruments for broader natural capital and environmental management. The meeting is being organized by Globe International, International Union for Conservation of Nature (IUCN), Natural Capital Coalition, National Capital Declaration, The Economics of Ecosystems and Biodiversity (TEEB), UN Environment Programme (UNEP) and World Bank Group.  

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PFII Urges World Bank to Improve Consultation with Indigenous Peoples [viewed]

Unpfii26 February 2015: The UN Permanent Forum on Indigenous Issues (PFII) warned that the World Bank's proposed environmental and social policy falls short of standards enshrined in international human rights agreements, and urged the Bank to improve its requirements for consultation with indigenous peoples.

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UK Allocates £40 Million to BioCarbon Fund [viewed]

Worldbanklogo27 January 2015: The Government of the United Kingdom of Great Britain and Northern Ireland (UK) announced a contribution of £40 million to the World Bank administered BioCarbon Fund (BCF). The funding will support the BCF Initiative on Sustainable Forest Landscapes (ISFL) in order to reduce greenhouse gas (GHG) emissions from land use, deforestation and forest degradation.

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World Bank Approves GEF Grant for Preserving Biodiversity in Panama [viewed]

World Bank - GEF10 February 2015: The World Bank has approved a US$9.59 million grant from the Global Environment Facility (GEF) aimed at preserving biodiversity in Panama's Atlantic and Central-Eastern regions. The grant will complement funding from the Government of Panama, municipalities and the private sector to enhance the effectiveness of protected areas (PAs) management and improve the livelihoods of nearly 50,000 Panamanians in rural and indigenous communities.

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WAVES Promotes South-South Learning in Latin America [viewed]

waves13 January 2015: The Wealth Accounting and the Valuation of Ecosystem Services (WAVES) partnership has released its January 2015 newsletter, which features a workshop towards the first regional community of practice (CoP) on Natural Capital Accounting (NCA) in Latin America. Other items include a new programme for the development of international guidelines for ecosystem accounting, a World Bank mission to Colombia and upcoming workshops in the Botswana, Turkey and the Philippines.

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World Bank Implementing Fisheries, Poverty Reduction Programs in Solomon Islands [viewed]

Worldbanklogo29 January 2015: The World Bank and the Government of the Solomon Islands signed agreements for three projects related to fisheries management, poverty reduction, rural development and economic and fiscal reform in Honiara, the Solomon Islands.

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CITES Workshop Addresses Illegal Ivory Trade, Speculation [viewed]

cites28 January 2015: An expert workshop brought together experts and specialists to discuss demand-side strategies for addressing illegal ivory trade in China, and increase their awareness of the negative consequences of ivory speculation. The workshop was co-organized by China and the Secretariat of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

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World Bank Supports Coral Reef, Livelihood Revitalization in Indonesia [viewed]

Worldbanklogo8 January 2015: The World Bank has published a news feature detailing how its Coral Reef Rehabilitation and Management Program—Coral Triangle Initiative (COREMAP-CTI) is working to revive coral reefs and fisheries in Indonesia. The project aims to institutionalize a decentralized, integrated framework for the sustainable management of coral reef resources and associated ecosystems and biodiversity, as well as to improve community livelihoods and the local economy.

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Gaborone Declaration for Sustainability in Africa Names Conservation International as Secretariat [viewed]

ci-botswana12 December 2014: Conservation International (CI) has assumed the role of the Secretariat of the Gaborone Declaration for Sustainability in Africa (GDSA). As Secretariat, CI is tasked with helping the GDSA's ten African signatory countries to build on the initiative's existing successes and further efforts to value nature in national social and economic decision-making.

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WAVES Highlights NCA in Botswana, World Parks Congress [viewed]

waves10 December 2014: The Wealth Accounting and the Valuation of Ecosystem Services (WAVES) partnership has released its December 2014 newsletter, featuring high-level endorsements of the initiative in Botswana, in-depth sessions on country-level national capital accounting (NCA) at the International Union for Conservation of Nature (IUCN) World Parks Congress and NCA reporting in partner countries.

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