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Carbon Finance at COP 17 in Durban, South Africa: November 28 - December 9, 2011

Durban

The 17th United Nations Climate Change Conference in Durban, South Africa brought together representatives of the world's governments, international organizations and civil society. At the conference, the World Bank's Carbon Finance Unit launched two new carbon initiatives, the Carbon Initiative for Development (Ci-Dev) and the BioCarbon Fund Tranche 3 (BioCF T3), to provide support for the development of low carbon projects in least developed countries.

Furthermore, the World Bank provided stakeholders with an update on the achievements of the Partnership for Market Readiness since its launch in Cancun at COP 16, December 2010.

For questions, please contact Isabel Hagbrink, Senior Communications Officer, email: ihagbrink@worldbank.org, ph +1 202 458 0422

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