International Financial Institution

Climate Week NYC Opens with Focus on Low-Carbon Economy [viewed]

climate-week-nyc22 September 2014: Convened by the Climate Week NYC organizer The Climate Group, jointly with CDP, the opening day of the major, week-long event in New York, US, attracted the participation of global leaders from policy and business, and heard announcements of new greenhouse gas (GHG) reduction commitments from business and subnational governments. The event also marked the launch of a renewable energy campaign, a pro-mitigation business coalition, and a report on innovative climate and energy policies.

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MDBs Report on Climate Finance Provided in 2013 [viewed]

AfDB - IDB - EIB - ADB - World Bank Group19 September 2014: The third edition of the Joint MDB Report on Climate Finance 2013 has been expanded to include a better sectoral breakdown, and divisions by public and private operations. Since 2011, multilateral development banks (MDBs) have provided over US$75 billion in climate finance to developing and emerging economies, while, in 2013, they provided US$23.8 billion to address climate change, with 80%, or US$18.9 billion, dedicated to mitigation and 20%, or US$4.8 billion, going to adaptation.

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Samoa, UNDP Sign Agreement on Implementing Rio Conventions [viewed]

samoa-unep17 September 2014: The Government of Samoa and the UN Development Programme (UNDP) signed a project agreement on ‘Capacity for Implementing Rio Conventions in Samoa.' The project aims to accelerate Samoa's efforts to meet its international obligations on biodiversity, climate change and desertification.

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SLoCaT-Backed Study Calculates Public Transport Benefits [viewed]

slocat17 September 2014: An accelerated shift to clean public transport could save over US$100 trillion during the next 35 years, according to a study supported by the Partnership on Sustainable Transport (SLoCaT). The scenario study demonstrates how a shift in investment away from cars and towards public transport can reduce carbon dioxide emissions and result in savings in public and private capital, as well as in operating costs.

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World Bank Group Designs Pilot Auction Facility for Methane and Climate [viewed]

Worldbanklogo15 September 2014: The World Bank Group has announced the design of the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), a pay-for-performance instrument that aims to stimulate investment in projects that reduce emissions while maximizing the impact of scarce public resources and leveraging private sector financing through the use of auctions.

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World Reconstruction Conference: DRR Critical to Sustainable Development [viewed]

gfdrr12 September 2014: The second World Reconstruction Conference (WRC 2) brought together over 500 practitioners and policymakers from governments, civil society and the private sector to share lessons learned in post-disaster recovery and reconstruction. The conference aimed to help countries incorporate disaster recovery into their policies and institutions given the increasing frequency and intensity of natural disasters.

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CAF Mesoamerica and Caribbean Workshop Focuses on Adaptation Finance [viewed]

CAF10 September 2014: The Development Bank for Latin America (CAF) hosted a workshop to strengthen the capacity of Mesoamerican and Caribbean countries to assess the financing needs associated with climate change adaptation.

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Adaptation Fund Strengthens Capacity of Asia Pacific Implementing Entities [viewed]

Adaptation Fund12 September 2014: The Adaptation Fund's Third Climate Finance Readiness seminar, co-sponsored by the UN Environment Programme (UNEP) and supported by the Climate & Development Knowledge Network (CDKN), focused on the process of increasing the capacity of applicant and accredited implementing entities.

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MDBs Pledge to Enhance Climate Finance Action [viewed]

afd adb eb eib idb wb11 September 2014: In a joint statement issued in the run-up to the UN Secretary-General's Climate Summit, which is taking place on 23 September in New York, US, key multilateral development banks (MDBs) have affirmed their commitment to reinforce and further develop climate financing by maintaining a strong institutional focus on climate change. Since 2011, the six MDBs behind the statement have delivered close to US$75 billion in climate financing, of which approximately 20% has been in support of adaptation.

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Coffee Gene Sequencing Project Supports Climate Adaptation [viewed]

idb-fontagro11 September 2014: The complete sequence of the coffee genome has been released into the public domain in an attempt to accelerate plant variety selection in the face of climate change and to meet growers' specific needs. The genetic information of the Coffea arabica and Coffea eugenioides species, containing the location and characterization of more than 30,000 genes, was presented during the Conference of the Association for Science and Information on Coffee (ASIC), held 8-13 September in Armenia, Colombia.

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