International Financial Institution

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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World Bank Reports on Reforestation Benefits in Rio de Janeiro [viewed]

World Bank11 November 2013: The World Bank has reported on the impacts of reforestation efforts around Rio de Janeiro, Brazil, including species recovery, reduced vulnerability to natural disasters, and new economic benefits from the generation of carbon credits.

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UN, World Bank, EU Pledge Support to Sahel [viewed]

un-worldbank8 November 2013: Development leaders traveled to the Sahel region in Africa to discuss governance, resilience, peace and security with the leaders of Burkina Faso, Chad, Mali and Niger. During the trip, from 4-8 November 2013, the World Bank and EU announced over US$8 billion in investments to boost economic growth and tackle poverty in the region.

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GEF Council Approves US$259.84 Million Work Program [viewed]

45th-meeting-of-the-GEF-Council7 November 2013: The 45th meeting of the Global Environment Facility (GEF) Council considered, inter alia: the progress report on the pilot accreditation of GEF Project Agencies; the mid-term evaluation of the System for Transparent Allocation of Resources (STAR); the mid-term evaluation of the National Portfolio Formulation Exercise (NPFE); an update on the GEF-6 replenishment; a review of GEF Agencies on their application of environmental and social safeguards and gender mainstreaming; and an update on the development of the GEF 2020 strategy. The GEF Council also approved a Work Program amounting to US$259.84 million.

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World Bank Highlights Climate and Health Benefits of Reducing Short-Lived Climate Pollutants [viewed]

World Bank3 November 2013: The World Bank has published a report highlighting the climate and health benefits of reducing emissions of common pollutants such as methane and black carbon, and examining 14 measures that contribute towards this objective.

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UNEP-China Project Hosts Workshop on Mainstream Ecosystem-based Adaptation [viewed]

UNEP31 October 2013: A Regional Network Coordination Workshop that focused on linking networks and mainstreaming Ecosystem-based Adaptation (EbA) was hosted by the UN Environment Programme (UNEP)-China project on 'Enhancing capacity, knowledge and technology support to build climate resilience of vulnerable developing countries.'

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CSO Consultation Discusses GEF2020 Strategy Ahead of Council Meeting [viewed]

Naoko Ishii, GEF CEO and Chairperson4 November 2013: The GEF Council Consultation Meeting with Civil Society Organizations (CSOs) convened on 4 November 2013, the day before the 45th meeting of the GEF Council opened in Washington, DC, US. During an opening dialogue, Global Environment Facility (GEF) CEO and Chairperson Naoko Ishii discussed the GEF 2020 strategy and emphasized that it is important to have a long-term strategy encompassing an environmental degradation driver-focused approach. She also welcomed Conservation International and WWF-US as two new GEF Project Agencies.

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CIF Approves Forest Funding for Peru and Energy Access in Liberia [viewed]

CIF30 October 2013: The Climate Investment Fund (CIF) Sub-Committee Meetings concluded with endorsement of the final pilot country plan from Peru for $50 million under the Forest Investment Program (FIP), and the endorsement of Liberia's $50 million investment plan under the Scaling Up Renewable Energy Program in Low Income Countries (SREP), a targeted program of the Strategic Climate Fund (SCF). The FIP also approved $16.45 million to support forest and climate information gathering and systematization in Brazil.  

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Adaptation Fund Approves Rwanda Project, Accredits SPREP [viewed]

Adaptation Fund1 November 2013: The Adaptation Fund Board (AFB) approved a new project in Rwanda and accredited the Secretariat of the Pacific Regional Environment Programme (SPREP) as a Regional Implementing Entity (RIE) of the Adaptation Fund at its 22nd meeting.

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