International Financial Institution

Pacific Islands, Partners to Strengthen Weather and Climate Services [viewed]

wmo-sprep25 July 2015: The Third Pacific Meteorological Council (PMC-3), which met under the theme 'Sustainable Weather and Climate Services for a Resilient Pacific,' brought together over 100 Pacific Meteorological Directors, partners and stakeholders to discuss how to strengthen meteorology in the Pacific. The meeting, which convened from 20-23 July 2015, in Nuku'alofa, Tonga, preceded the first Pacific Ministers Meeting on Meteorology (PMMM) on 24 July.

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Stakeholders Assess SLCPs' Impacts on Post-2015 Development Agenda [viewed]

ccac_who_unep_igsd24 July 2015: The Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC), the World Health Organization (WHO), the UN Environment Programme (UNEP), the Institute for Governance and Sustainable Development (IGSD), and the World Bank co-sponsored a side event focused on how fast mitigation of short-lived climate pollutants (SLCPs) could contribute to the post-2015 development agenda and the fulfillment of the proposed Sustainable Development Goals (SDGs).

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IISD GSI Event: Fossil-Fuel Subsidies Reform Can Finance Development [viewed]

gsi-fffsr 14 July 2015: Reforming fossil-fuel subsidies can free up funds for investing in sustainable development and reduce global greenhouse gas (GHG) emissions by approximately 10%, according to a high-level side event held at the Third International Conference on Financing for Development (FfD3) in Addis Ababa, Ethiopia. Participants also underlined that current low international energy prices create a window of opportunity for fossil-fuel subsidy reform.

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Programme to Build DRR in Sub-Saharan Africa Announced at Margins of FfD3 [viewed]

UNISDR14 July 2015: An €80-million funding package has been unveiled to support disaster risk management across Sub-Saharan Africa. The five-year ‘Building Disaster Resilience to Natural Hazards in Sub-Saharan African Regions, Countries and Communities' programme was announced on the sidelines of the Third International Conference on Financing for Development (FfD3) in Addis Ababa, Ethiopia. The European Union is helping to fund the programme, while the UN Office for Disaster Risk Reduction (UNISDR) is one of the partners that will help to implement it.

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MDBs Will Collaborate to Mobilize Resources for Achievement of SDGs [viewed]

mdbs_210 July 2015: In the lead-up to the Third International Conference on Financing for Development (FfD), the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IADB), World Bank Group and the International Monetary Fund (IMF) signaled their intention to extend over US$400 billion in financing over the next three years and to work more closely with each other and with public and private sector partners to mobilize resources to support the achievement of the proposed Sustainable Development Goals (SDGs).

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MDBs Adopt Principles for Tracking Climate Adaptation Finance [viewed]

mdbs_png9 July 2015: Six multilateral development banks (MDBs) and the International Development Finance Club (IDFC) have released a document titled 'Common Principles for Climate Change Adaptation Finance Tracking,' which outlines the approach the banks have agreed to take in measuring adaptation finance commitments and flows. The common approach is expected to improve consistency in reporting and consequently boost confidence that funds are flowing to vulnerable societies dealing with climate change impacts.

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BRICS to Operationalize New Development Bank, Strengthen Energy Cooperation [viewed]

brics9 July 2015: At its seventh annual summit, the BRICS group of countries (Brazil, the Russian Federation, India, China and South Africa) announced the BRICS Economic Partnership Strategy through 2020, which aims to strengthen ties in energy, high technology, agriculture, science and education. The BRICS also adopted the New Development Bank and Contingent Reserve Arrangement, with a total capacity of US$200 billion.

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Event: Africa Climate Talks: West/Central/North Africa and West African SIDS [viewed]

Under the theme, 'Democratizing Global Climate Change Governance and Building an African Consensus toward COP 21 and Beyond,' the Africa Climate Talks (ACT!) are being organized by the Climate for Development in Africa (ClimDev-Africa) Programme. This series of interconnected sub-regional and Africa-wide events will contribute to Africa's preparation for the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, engaging Africans from all walks of life. ACT! aims to raise public awareness of climate change, hear perspectives of linkages between climate change issues and Africa's development, and consider the potential implications of COP 21 outcomes for Africa. ACT! for the West, Central and North Africa regions and the West African small island developing States (SIDS) will take place in Dakar, Senegal, on 1-3 October 2015. ClimDev-Africa is a joint Programme of the African Union Commission (AUC), the UN Economic Commission for Africa (ECA) and the African Development Bank (AfDB).  

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Event: Africa Climate Talks: East/Southern Africa, and Indian Ocean SIDS [viewed]

Under the theme, 'Democratizing Global Climate Change Governance and Building an African Consensus toward COP 21 and Beyond,' the Africa Climate Talks (ACT!) are being organized by the Climate for Development in Africa (ClimDev-Africa) Programme. This series of interconnected sub-regional and Africa-wide events will contribute to Africa's preparation for the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, engaging Africans from all walks of life. ACT! aims to raise public awareness of climate change, hear perspectives of linkages between climate change issues and Africa's development, and consider the potential implications of COP 21 outcomes for Africa. ACT! for the East and Southern Africa regions and the Indian Ocean small island developing States (SIDS) will take place in Dar Es Salaam, Tanzania, on 3-5 September 2015. ClimDev-Africa is a joint Programme of the African Union Commission (AUC), the UN Economic Commission for Africa (ECA) and the African Development Bank (AfDB).  

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June 2015 Sustainable Energy Finance Update [viewed]

june20151 July 2015: During the month of June, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Commission, the European Investment Bank (EIB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank announced funding for sustainable energy projects. AfDB, ADB, EBRD, the European Commission and the World Bank also released publications on financing and deploying clean energy.

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