October 17, 2012 (London & Washington) - The World Bank, (www.worldbank.org) and the International Finance Corporation have joined as Institutional Partners of the World Climate Summit 2012, Doha, Qatar.
Sustainable development is fundamental to the World Bank Group's mission to reduce poverty. The World Bank Group's Sustainable Development Network works with policy makers, civil society and the private sector to address the impacts of climate change and encourage inclusive, green growth. The Bank, through the International Finance Corporation also offers business innovative climate smart solutions for mitigation, adaptation and inclusive development through targeted investments and advisory services across the developing world.
Jens Nielsen, CEO, World Climate Ltd said, "Finance will play a major part in this year's COP, and we are delighted to be working very closely with the World Bank to make sure that there will be many finance deliverables."
About the World Bank Group: The World Bank Group Is one of the world’s largest sources of funding and knowledge for developing countries. Our mission is to reduce poverty worldwide. We provide financial and technical assistance to more than 100 developing countries in in more than 20 different areas including: infrastructure, agriculture, environment & natural resources management, education, health, public administration, governance, social protection, financial and private sector development. For more information, visit www.worldbank.org.
About IFC: IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit www.ifc.org.
About World Climate Ltd.: World Climate Ltd (WCL) is a leading media and events platform for the global green economy. WCL has organised world-class, high-level summits and roundtables, which included the World Climate Summit 2011 during the COP 17 in Durban, South Africa, with President Zuma, World Climate Summit 2010 during the COP 16 in Cancun, with Sir Richard Branson, Ted Turner, President Calderon and numerous CEOs; the EU World Climate Roundtable in Brussels with EU Commissioner for Climate Action Connie Hedegaard, Christiana Figueres and 30 companies and the World Green Summit at Rio+20. WCL was also the event partner of the Global Green Growth Forum (3GF) in Copenhagen Denmark with UN Secretary General, Ban Ki-Moon, the Danish Prime Minister, several Ministers and CEOs. For more information please visit www.wclimate.com.