World Bank and the UN Framework Convention on Climate Change

World Bank and the UN Framework Convention on Climate Change

This paper, prepared for the first meeting of the Conference of the Parties (COP) of the Convention, outlines principles and means for Bank Group assistance for mitigating climate change. The first section of this paper reviews key elements of the Framework Convention on Climate Change. This is followed by a summary of the foundations of Bank Group assistance for climate change mitigation. Section 3 discusses ways in which the Bank supports attainment of Convention objectives. The final section outlines Bank Group assistance modalities of special relevance to the Convention. Commitments of FCCC Parties and related Convention processes are summarised in Annex I, with an emphasis on provisions particularly germane to World Bank policies and operations.

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