International Financial Institution

WAVES Regional Workshop Discusses Methodologies for Natural Capital Accounting [viewed]

waves9 March 2015: The Wealth Accounting and Valuation of Ecosystem Services (WAVES) partnership has convened a Regional Workshop in Turkey to promote natural capital accounting (NCA) in policy and development planning in the region. The workshop focused on methodologies for NCA, including case studies of water and forest accounting and the application of NCA to monitoring frameworks for the Sustainable Development Goals (SDGs).

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GEF, UNESCO Promote Sustainable Fishing Gear and Reduce Plastic Waste [viewed]

sgp-unesco23 February 2015: A project to help fishermen eliminate ghost nets and transition to sustainable fishing gear conducted by the Fishermen's Association of Rio Cacheu (APC) in Guinea Bissau, with support from the Global Environment Facility (GEF) Small Grants Programme, has contributed to the reduction of the use of illegal fishing nets in the National Mangrove Park of Cacheu River (PNTC). Also, the campaign ‘No plastic: A small gesture in our hands,' launched in the Island of Príncipe Biosphere Reserve, São Tomé and Príncipe, in February 2014, has helped reduce plastic waste and promote access to drinking water.

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Workshops Reflect on Biodiversity Conservation, Fisheries Management in ABNJ [viewed]

FAO-Common-OceansFebruary 2015: The Food and Agriculture Organization of the UN (FAO) and Global Environment Facility's (GEF) Common Oceans Program organized two workshops in February on biodiversity conservation and sustainable fisheries management in Areas Beyond National Jurisdiction (ABNJs).

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IGAD, LPI and Partners Launch Regional Land Governance Projects in Africa [viewed]

igad-sdcFebruary 2015: Two regional projects on integrated approaches to improved land governance in Africa, supported by the (SDC), the Food and Agriculture Organization of the UN (FAO) and other partners, kicked off in February 2015.

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Expert Meeting Discusses Extractives' Role in Inclusive, Sustainable Growth [viewed]

United Nations24 February 2015: Africa's revenue from the extractive industries and other natural resources revenue is expected to be a key source of development financing for the post-2015 development agenda and the African Union (AU) Agenda 2063, according to participants at the High Level Expert Group Meeting on the Post-2015 Development Agenda and the AU Agenda 2063, titled 'Enhancing the Management of Africa's Extractive Industries.' The meeting addressed managing Africa's extractive industries to harness their potential for sustainable development, inclusive growth and structural economic transformation.

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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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ILC Synthesis Responds to Revised World Bank Environmental and Social Safeguards Framework [viewed]

ILCFebruary 2015: The International Land Coalition (ILC) has compiled a synthesis of submissions by its network of members regarding the first draft of the revised World Bank Environmental and Social Safeguards Framework (ESF).

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Drylands Monitoring Week Establishes Network for Sustainable Management of Drylands [viewed]

FAOFebruary 2015: Participants at the Drylands Monitoring Week, which was hosted by the Food and Agriculture Organization of the UN (FAO), saw the launch of a global assessment of land management in grassland and pastoral systems to enhance the sustainable management and restoration of drylands and developed the 'Rome Promise on Monitoring and Assessment of Drylands for Sustainable Management and Restoration.'

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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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