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Posted on Sustainabilitank.info on March 1st, 2010
by Pincas Jawetz (pj@sustainabilitank.info)

from:     sniakan at worldbank.org

date:    Thu, Feb 25, 2010
subject:    World Bank participates in the Africa Carbon Forum

Africa Carbon Forum – March 3-5, Nairobi, Kenya

The World Bank Group is pleased to support the Africa Carbon Forum taking place in Gigiri, right outside Nairobi on March 3-5. Bank staff will be participating in a number of plenary sessions as well as side events.
Furthermore, a press conference will be held on March 3, briefing media on the recently registered Humbo Assisted Natural Regeneration Project. The press conference will take place at 1pm in the UNEP Press Room (Lower Library) in Gigiri – that is the location of the UNEP headqarters near Nairobi. Transportation from downtown Nairobi will be provided.

The Humbo Assisted Natural Regeneration Project is located in Ethiopia and is Africa’s first large-scale forestry project under the Clean Development Mechanism (CDM). It was recently registered under the United Nations Framework Convention on Climate Change (UNFCCC). The project, developed by World Vision, brings both economic and social benefits to poor communities in Ethiopia as well as environmental benefits, cutting an estimated 880,000 metric tonnes of carbon dioxide from the atmosphere over the next 30 years. The future sales of carbon credits will bring more than US$700,000 to the local communities over ten years.

At the press conference, the National Director of World Vision Ethiopia, Mrs. Tenagne Lemma, will present the project together with Ms. Ellysar Baroudy, the manager of the World Bank’s BioCarbon Fund, which is purchasing a share of the carbon credits generated by this project.

For more information, please contact sniakan@worldbank.org by email.

For more information on the World Bank BioCarbon Fund, please see: wbcarbonfinance.org/Router.cfm?Pa…

For more information on World Vision, please see: www.wvi.org/wvi/wviweb.nsf

For more information on and registration for the Africa Carbon Forum, please see their website: www.africacarbonforum.com/2009/en…. Registration is free.

_______________________________________________
Isabel Hagbrink
Senior Communications Officer
Carbon Finance Unit
Environment Department, The World Bank Group
1818 H Street, NW, Washington D.C. 20433

Tel : 202 458 0422 Fax : 202 522 7432
email :  ihagbrink at worldbank.org
Web : www.CarbonFinance.org (See attached file: Africa Carbon Forum Events Booklet external.pdf)

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