World Bank

Scary report from United Nations and World Bank

To the New York Times : “Annual monetary losses for natural disasters are expected to rise to $185 billion worldwide by the end of the century, even without factoring in the anticipated negative impacts of climate change.” ” With climate change included, the global annual losses could increase by anywhere from $28 billion to $68 …

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World Bank funds solar projects in North Africa

The World Bank via its Clean Technology Fund is investing $750 million (522 million euros) in eleven concentrating solar plants in the Middle East and North Africa region. This is due to spur additional investments worth $4.85 billion. These projects are due to add nearly a gigawatt of capacity to local grids within three to …

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Russia at risk from climate change

In two days I found in my RSS feeds two articles on Russia. The first one is about a study from the World Bank stating that this large country is seriously at risk because of climate change. Indeed global warming will increase the importance of already large climate phenomena such as storms or heat waves. …

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