International Financial Institution

ADB Presents Manila Water Company Case Study [viewed]

ADBJuly 2014: The Asian Development Bank (ADB) has published a book, titled 'Tap Secrets: The Manila Water Story,' which highlights the case of the Manila Water Company as a successful story of utility reform. The book notes that Manila Water faced a number of challenges prior to emerging as a successful model for public-private-partnerships (PPPs).

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ADB Highlights Flood Control in Transboundary Pyanj River [viewed]

ADBJuly 2014: The Asian Development Bank (ADB) published a report, titled ‘Pyanj River Morphology and Flood Protection,' which examines the character of the river channel, traditional flood control approaches in the basin and means of corridor protection. The report aims to support flood control planning and management in the basin and build climate resilience.

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World Bank Assesses Climate Resilience of Transboundary Water Treaties [viewed]

World Bank1 June 2014: The World Bank has released a Policy Research Working Paper, titled 'Climate Change, Conflict and Cooperation: Global Analysis of the Resilience of International River Treaties to Increased Water Variability,' which identifies allocation provisions and institutional mechanisms that can mitigate potential conflicts between basin States in the face of increasing water variability caused by climate change.

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IDB, EARTH University Open Green Youth Innovators Contest [viewed]

greenovators17 July 2014: The Inter-American Development Bank (IDB) and the EARTH University of Costa Rica are inviting young innovators to develop projects to combat climate change in Latin America and the Caribbean in the ‘Green youth innovators contest.'

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ADB Workshop Focuses on Transport, Energy NAMAs in Central Asia [viewed]

ADB18 June 2014: Forty policy makers from Azerbaijan, Kazakhstan and Uzbekistan participated in the regional workshop on 'NAMA Readiness and Investment Training for Mitigation Activities in the Energy and Transport Sectors.' Participants learned about the design, implementation and monitoring of Nationally Appropriate Mitigation Actions (NAMAs), shared regional NAMA experience and progress, and discussed the financing of NAMA components.

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BRICS Launch Development Bank [viewed]

vi-brics-summit16 July 2014: The Sixth BRICS Summit resulted in the establishment of the New Development Bank, which is to finance infrastructure and sustainable development projects in BRICS and other emerging and developing economies. The Summit also launched a BRICS Contingent Reserve Arrangement (CRA), and issued a declaration outlining the five countries' common position on a number of global issues, including climate change and sustainable energy.

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WTO Members Launch Talks on Environmental Goods [viewed]

World Trade Organization (WTO)8 July 2014: Thirteen States and the EU, which together account for 86% of global trade in environmental goods, have announced the launch of plurilateral negotiations for an Environmental Goods Agreement under the auspices of the World Trade Organization (WTO).

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Event: The Challenges of a Living List: Making Progress on a Green Goods Agreement [viewed]

Negotiations on a green goods agreement, announced earlier this year in Davos, Switzerland by 14 World Trade Organization (WTO) Members, will aim to create an initial and “living list” of green goods to be revised as technology evolves. This half-day event organized by the Geneva offices of the Friedrich-Ebert-Stiftung (FES) and the International Institute for Sustainable Development (IISD) will bring together practitioners, experts and administrators from a variety of agreements that have faced the challenges of a “living list,” to discuss their experiences and lessons learned for consideration by the WTO. Speakers will include John Scanlon, Secretary‐General, Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), Aaron Cosbey, Associate and Senior Advisor, IISD, and Ambassador Jonathan Fried, Permanent Representative of Canada to the WTO, among others. The event takes place on the eve of the WTO Public Forum.  

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FCPF Welcomes Belize, Sudan and Uruguay [viewed]

Forest Carbon10 July 22014: The seventeenth meeting of the Forest Carbon Partnership Facility (FCPF) Participants Committee accepted Belize, Sudan and Uruguay into the Partnership. The Partnership now includes 47 countries.

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World Bank Issues First Catastrophe Bond [viewed]

worldbank-ccrif8 July 2014: The World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued its first catastrophe ("cat") bond, which will benefit the 16 member States of the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The bond, which is a three-year, US$30 million transaction under IBRD's Capital-at-Risk Notes Program, is linked to tropical cyclone and earthquake risk in CCRIF countries.

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