International Financial Institution

African Development Bank Holds Discussions on How to Accelerate Green Growth in Africa [viewed]

accelerating-green-growth-in-africa18 November 2013: The African Development Bank (AfDB) organized an event, titled ‘Accelerating Green Growth in Africa: Role of the AfDB and Regional Institutions,' which took place on the sidelines of the Warsaw Climate Change Conference. 

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CIF Funds Forest Management in Burkina Faso [viewed]

AfDB13 November 2013: The African Development Bank (AfDB) has announced US$11.5 million of support for the Government of Burkina Faso under the Climate Investment Funds' (CIF) Forest Investment Program (FIP).

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Transport Day 2013 Concludes with Warsaw Statement on Low Carbon Transport [viewed]

Transport Day 201317 November 2013: Transport Day 2013, which took place alongside the Warsaw Climate Change Conference, was supported by the Bridging the Gap initiative (BtG) and the Joint Convener Partnership on Sustainable, Low Carbon Transport (SLoCaT), with a focus on rethinking transport and climate change.

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FAO, IDB Support Analysis on Climate Change and Agriculture in Jamaica [viewed]

idb-faoNovember 2013: Given the expected adverse impacts of climate change on Jamaica's agriculture sector and Jamaica's goal to include climate change adaptation in the implementation of its Vision 2030 National Development Plan, the Food and Agriculture Organization of the UN (FAO) and the Inter-American Development Bank (IDB) collaborated on an analysis of Jamaican climate change impacts in the short- and medium-term and an identification of agricultural adaptation strategies.

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Multilateral Development Banks Release Joint Report on Climate Change Finance [viewed]

Multilateral-Development-Banks.jpgNovember 2013: According to the 'Joint Report on MDB Climate Finance 2012,' the multilateral development banks (MDBs) spent nearly US$27 billion to address climate change during the 2012 fiscal year, with over US$21 billion dedicated to mitigation and almost US$6 billion to adaptation. From these resources, the Global Environment Facility (GEF) and the Climate Investment Funds (CIF) have contributed to US$2 billion.

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AfDB Facilitates Nearly US$65 Million in Investment into Africa Renewable Energy Fund [viewed]

AfDB13 November 2013: The African Development Bank's (AfDB) Board of Directors has approved a US$25 million equity investment in the Bank's Africa Renewable Energy Fund (AREF), which has been supplemented by further partner investments of US$39.5 million. The fund aims to demonstrate and catalyze the viability of Africa's renewable energy potential to investors.

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PROFOR Highlights Forest-based EBA in Honduras [viewed]

profor-cifor-catie12 November 2013: The Program on Forests (PROFOR) has released a case study on preserving drinking water through sustainable land use management in Honduras. The report notes that climate change is projected to exacerbate water shortages in Honduras, which already result in rationing.

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IFC Sees Possibility of US$1 Trillion in Climate-Smart Investment Potential in EMENA Region [viewed]

IFCNovember 2013: The International Finance Corporation (IFC), a member of the World Bank Group (WBG) and the largest global development institution focused exclusively on the private sector, has published a report that estimates up to US$1 trillion in climate-smart investment potential in renewable energy, resource efficiency and climate change adaptation across Emerging Europe, Central Asia, and the Middle East and North Africa (EMENA).

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Climate Finance Tracking Website Launched [viewed]

AfDBNovember 2013: The African Development Bank (AfDB) has announced its efforts to develop a climate finance tracking methodology, through collaboration to develop a joint multilateral development bank methodology for tracking adaptation and mitigation finance. 

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UNFCCC Publishes Documents on Bunker Fuels, GEF and GCF [viewed]

UNFCCC10 November 2013: The UNFCCC has released documents for consideration during the Warsaw Climate Change Conference, which address information on bunker fuels, the Green Climate Fund (GCF) and the Global Environment Facility (GEF). These topics will be considered under the agenda of different bodies during the upcoming days. 

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