World Bank Chief Executive Officer, Kristaline Georgieva asserted that climate change has led to the loss of lives and livelihoods. With United Nation's climate talks beginning this week in Katowice, Poland, the World Bank said it will invest around $200 billion over 5 years to "boost adaptation and resilience in a rapidly warming world, especially in the world's poorest countries", EcoWatch reported.
World Bank senior director for climate change John Roome also emphasised the need for countries and entities to urgently address climate change and its effects.
The statement said the breakdown of 200 billion dollars would comprise approximately 100 billion in direct finance from the World Bank.
As reported by The Guardian, the top worldwide financial firm is making the amount available to fund action on drastic climate change, while aiming to reduce greenhouse gas emissions and helping countries survive the effects of global warming. The financing will support higher-quality forecasts, early warning systems and climate information services, the group said in a statement.
The expected investments will build more climate-responsive social protection systems in 40 countries, and finance climate smart agriculture investments in 20 countries, it added.
The latest figures on climate funding for developing countries show barely a quarter has been going to adaptation, with the bulk backing clean energy and more efficient energy use.
Microsoft pokes fun at iPads in Surface Go holiday ad
And now she wants a "real computer" (oh snap) to help fulfill her "big dreams", including doing "some coding". This is advertising, after all, and the overarching message is clearly more important than specific details.
The World Banks is urging the greater global community to also ramp up its investments by "putting countries and communities in charge of building a safer, more climate-resilient future", stated in a press release. The project financing is designed for 2021-2025 years.
Former UN secretary-general Ban Ki-moon said the World Bank's pledge to use half its climate finance to find solutions to deal with changing weather patterns was "important".
Around one-third of the remaining funding will come from two World Bank Group agencies with the rest private capital "mobilised by the World Bank Group".
In terms of key sectors, these efforts will be focused on energy, particularly the generation, integration and enabling infrastructure for 36 gigawatts of renewable energy and support 1.5 million gigawatt-hour equivalent of energy savings through efficiency improvement. Other strategies will include increasing landscape management in up to 50 countries which will cover up to 120-million hectares of forests.
The lender plans to help 100 cities achieve low-carbon and resilient urban planning and transit-oriented development.
So I guess I should be a little bit fresher than some of my colleagues who call me from Hong Kong or somewhere else at this point. Patrick Reed went from equal first to almost last with a 77 that left him eight shots back at Albany in the Bahamas.
Kylian Mbappe has revealed that he was close to joining Premier League side Arsenal before he joined Paris Saint-Germain. Emery was sacked by PSG in the summer but Mbappe's move was made permanent for around £166m.
This is the first spaceflight for both McClain and Saint-Jacques and the fourth trip to the space station for Kononenko. This is the first launch of a manned spacecraft after the abortive blastoff of the Soyuz carrier rocket on October 11.
Shafiq brought up his 12th Test ton with a sharp single off Somerville before falling leg-before to Patel to a straight delivery. Pakistan's advantage came courtesy of the two century-makers, taking them past NZ's first innings total before being separated.
Cardi and Offset started dating in early 2017, and by October he publicly proposed to her at the Powerhouse concert in Philly. Fans expressed their dismay on Instagram over the news, with some urging the star to not give up on her relationship.
In Texas, students, staff and visitors have been flocking to Bush's presidential library on the campus of Texas A&M University. One of Bush's former senior aides, Ron Kaufman, says Bush's death marks "the end of a culture - a culture of civility".
Most of the borough's schools will also be closed until Wednesday, the Matanuska-Susitna School District said. Its closest section is 120 miles (193 kilometers) from the epicenter of the seismic activity.
Now doctors use symptoms and a raft of tests and biopsies to determine if cancer is present which can sometimes take months. They add that the team is developing the test so that it could be used for screening of cancers especially in early stages.
But from 20 to 60 overs that is when India have to make inroads and pick up wickets or at least control the game. Travis Head is predicting fierce net sessions will decide Australia's line-up for the first Test against India.
NASA hopes that SpaceX and Boeing will change that when their human-rated space launch systems come online in the coming years. The Soyuz is the only means of reaching the ISS since the United States retired the space shuttle in 2011.
Chevrolet Silverado HD revealed
Chevy will be making the new Silverado 2500/3500 at its truck plant in Flint, Mich., and says that sales will begin in mid-2019. With steps already integrated into the rear bumper, bed access will be easier than ever, from all angles and positions.
French govt to look at taxes on high-earners: spokesman
The protests and u-turn of the tax have shown Mr Macron has struggled to achieve most of what he promised, according to Politico. Last weekend, more than 130 people were injured and 412 arrested in rioting in the French capital .
‘America’s Next Top Model’ contestant Jael Strauss dead at 34
Jael passed away on Tuesday at 11 am from the incurable cancer after she was unconscious for a few days, the outlet reported. Her family stopped allowing visitors after she lost consciousness; TMZ said she took a turn for the worst on Monday night.
Roger Stone Invokes His 5th Amendment
Smith added that Stone had already provided testimony to the House Intelligence Committee. Stone's attorney did not immediately respond to a request for comment.
5 things to watch for at RBI monetary policy meeting today
The reverse repo rate is used by the monetary policy committee as a tool to control the money supply in the country. With no change in the rates, the repo rate remains at 6.50 percent while the reverse repo rate stands 6.25 percent.
Yemen: UN brokers prisoner swap pact with Houthis
UN Under-Secretary-General for Humanitarian Affairs, Mark Lowcock , has said that the talks are not likely to be easy or quick. Yemen has been wracked by violence since 2014, when the Houthi rebel group overran much of the country.
Nigel Farage announces he is leaving UKIP
The former leader said he had made the decision because he is uncomfortable with the direction Ukip has taken in recent months. Ukip said the December 9 march had not been organised by the party, but added: 'Members are free to attend should they wish'.