Joint MDB Report to the G8 on the Implementation of the Clean Energy Investment Framework and Their Climate Change Agenda Going Forward
The 2005 Gleneagles G8 summit in July 2005 stimulated a concerted effort of the Multilateral Development Banks (MDBs) to broaden and accelerate programs on access to energy and climate change mitigation and adaptation through the Clean Energy Inves...
| Main Authors: | , , , , , |
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/337351468149384172/Joint-MDB-Report-to-the-G8-on-the-implementation-of-the-Clean-Energy-Investment-Framework-CEIF-and-their-climate-change-agenda-going-forward http://hdl.handle.net/10986/28279 |
| Summary: | The 2005 Gleneagles G8 summit in July
2005 stimulated a concerted effort of the Multilateral
Development Banks (MDBs) to broaden and accelerate programs
on access to energy and climate change mitigation and
adaptation through the Clean Energy Investment Framework
(CEIF). At the Gleneagles summit, it was agreed that a
report on the implementation of the CEIF would be prepared
for the 2008 G8 (Group of Eight: Canada, France, Germany,
Italy, Japan, Russia, the United Kingdom, and the United
States) summit hosted by Japan. This joint report of the
MDBs to the G8 summit in Hokkaido is intended to provide
information on the outcomes and lessons learned under the
CEIF, describe the collective MDB objectives for addressing
the energy access and climate change challenges, and outline
how the MDBs plan to build on the CEIF experience to date to
more fully achieve these objectives. The report builds upon
the 'the MDBs and the climate change agenda'
report that was presented at the December 2007 Bali climate
change conference. This report describes actions taken by
each MDB to develop climate change strategies and programs
of actions tailored to their particular client needs, based
on resources and funding mechanisms currently available.
Under the CEIF, the MDBs have strengthened collaboration on
analytical work and programming and committed to expand this
collaboration to optimize the impact of their collective
actions. In addition to reporting on the status of the CEIF,
this report outlines the collective ambition of the MDBs
with respect to assisting the developing countries in
meeting the climate change challenge, summarizes their
evolving strategies designed to meet these objectives and
the mechanisms through which they intend to achieve the
necessary collaboration to optimize the collective impact of
their climate change interventions. |
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