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Carbon Finance
14 July 2009, 10:00 AM EDT

Carbon Finance

Joëlle Chassard
World Bank

The World Bank’s State and Trends of the Carbon Market Report 2009 reveals the market doubled to $126 billion, as we wrote in a recent feature on carbon finance, Carbon Finance Key Part of Future Climate Change Fight.

Not as welcome is the news that the value of transactions financing actual project-based emission reductions fell 12 percent to an estimated $6.5 billion in 2008.

The drop was the result of a complex set of factors related to difficulty obtaining financing for climate-friendly projects during the financial crisis, regulatory delays and uncertainty surrounding the future of the market under a new global climate change agreement expected to take effect in 2012.

“Innovative financing in the fight against climate change is needed now, more than ever, if we are to confront what has emerged as the major threat to the development priorities of the poorest countries and communities,” says Joëlle Chassard, manager of the World Bank’s Carbon Finance Unit.

Chassard will be online July 14 at 10 a.m. EDT to answer questions on carbon finance. You can submit your questions now.

Information Communications Technology for Development
28 July 2009, 11:00 AM EDT

Information Communications Technology for Development

Christine Zhen-Wei Qiang

Connectivity—whether the Internet or mobile phones—is increasingly bringing market information, financial services, health services—to remote areas, and is helping to change people’s lives in unprecedented ways.

New information and communications technologies (ICT), in particular high-speed internet, are changing the way companies do business, transforming public service delivery and democratizing innovation. With 10 percent increase in high speed Internet connections, economic growth increases by 1.3 percent.

“The mobile platform is emerging as the single most powerful way to extend economic opportunities and key services to millions of people,” says Christine Zhen-Wei Qiang, World Bank economist and editor of a new Bank Group report on information technology and development, Information and Communications for Development 2009: Extending Reach and Increasing Impact.

Zhen-Wei Qiang will be online Tuesday, July 28 at 11 a.m. EDT to answer questions on information communications technologies. You can submit your questions now.

Previous

24 April 2009

Latin America and the Global Crisis/America Latina y la crisis global

Agustin Carstens, Minister of Finance of Mexico
Augusto de la Torre, World Bank Chief Economist for Latin America and the Caribbean
Fernando Lugo, President of Paraguay
Jorge Castañeda, Mexico, Former Foreign Minister
Mauricio Funes, President-Elect of El Salvador

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