Topic: finance

WHAT: For the sixth straight year, World Resources Institute President Jonathan Lash will hold a briefing to preview which key environmental issues to watch in the year ahead.

This week’s first-ever CIF Partnership Forum must ensure that new Clean Technology Funds will help developing countries quickly transition to zero-carbon technologies.

G-8 Endorsement of World Bank Falls Short

Much of the response to the G8 summit has focused on how leaders of world’s richest countries “missed an opportunity” to lay out strong long-term commitments and targets on greenhouse gas emissions.

Brazil’s Banco Real took the top prize at the third annual Financial Times/International Finance Corporation Sustainable Banking Awards dinner in London. Each year, the awards recognize banks and other financial institutions for their leadership and innovation in integrating social, environmental and corporate governance considerations into their operations.

This tool allows project managers to factor in the price of carbon when evaluating greenhouse gas reduction projects.

Leading Companies Responding to Ecosystem Degradation

Corporate Ecosystem Services Review road-tested by Akzo Nobel,

BC Hydro, Mondi, Rio Tinto, and Syngenta

This project facilitates the development of globally consistent markets for greenhouse gas emission reductions, which will form a critical component of both U.S. policies and international agreements on climate change.

The International Financial Flows and Environment Project (IFFE) works to improve the environmental and social decision making and performance of public and private International Financial Institutions (IFIs) by holding them accountable to their investors, to donor countries and to the communities that are impacted by their investments.

Ensures that the financial implications of environmental opportunities and risk are properly understood by financial institutions, investors and issuers and are appropriately reflected in the world’s capital markets.

Move continues trend in financial institutions toward better accounting of environmental considerations.

Investigates the limited extent to which climate change issues have been included in the World Bank Group’s country assistance strategies, energy-sector loans and project lending and recommends reforms to improve Bank practices.

Provides investors worldwide with information to assist them in responding to the financial risks and investment opportunities posed by climate change.