International Financial Institution

IFC's Post-2012 Carbon Facility Shows Private Sector Interest in Carbon Markets [viewed]

September 2011: The International Finance Corporation (IFC), part of the World Bank Group, reached full subscription of over US$200 million for its Post-2012 Carbon Facility, helping secure what is expected to be at least US$2 billion in low carbon growth across the developing world despite uncertain carbon market conditions.

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Event: Carbon Benefits Project Workshop [viewed]

The United Nations Environment Programme (UNEP) along with the Scientific and Technical Advisory Panel (STAP) to the Global Environment Facility (GEF) are organizing this workshop to showcase a set of methodologies and tools to measure, monitor and model carbon stock changes and greenhouse gas emissions in a standardized way.  

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Adaptation Fund Board Accredits New Implementing Entities [viewed]

Adaptation Fund16 September 2011: The Adaptation Fund Board (AFB) took a number of decisions at its 15th meeting, including a decision to increase the number of National Implementing Entities to six with the accreditation of the Protected Areas Conservation Trust (PACT) of Belize as a National Implementing Entity (NIE) and the African Development Bank as a Multilateral Implementing Entity (MIE).

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GEF Promotes Climate Change Dialogue with African Youth [viewed]

GEF14 September 2011: The Global Environment Facility (GEF), through the initiative Connect4Climate has initiated an interactive dialogue on climate change issues amongst African youth and social media users around the world.

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ADB Report Highlights Threat of Climate Change to Food Security [viewed]

Food Security and Climate Change in the Pacific13 September 2011: The Asian Development Bank (ADB) has released a report titled "Food Security and Climate Change in the Pacific: Rethinking the Options," which highlights the threats posed by climate change to food security in the Pacific region unless urgent action is taken.

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ADB Funds Solar Power Project in India [viewed]

ADB13 September 2011: The Asian Development Bank (ADB) has approved a $100 million loan to finance a roll-out of new large-scale solar power facilities in Gujarat, India.

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IDB to Invest in Adaptation to Climate Change in the Caribbean [viewed]

IDB12 September 2011: The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) is investing US$1.5 million to launch an initiative that will help small and medium-sized enterprises in Jamaica, Barbados, the Bahamas and Belize to adopt business practices to minimize the impact of climate change on productive activities.

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IDB, Mexico Launch Sustainable Energy Technologies Contest [viewed]

IDB7 September 2011: Mexico and the Inter-American Development Bank (IDB), supported by the Government of the Republic of Korea, have announced a joint contest to fund applied research and technological development projects on sustainable energy, with a total prize of US$2.5 million.

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Adaptation Fund Board Accredits South African Institute as a National Implementing Entity [viewed]

Adaptation Fund8 September 2011: The Adaptation Fund Board has accredited the South African National Institute for Biodiversity (SANBI) as a National Implementing Entity (NIE).

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GEF Reports on Outcomes of Protected Area Projects in Liberia [viewed]

7 September 2011: The Global Environment Facility (GEF) has reported on the results of three projects implemented in Liberia to strengthen its protected area system and protect rare species, including the pygmy hippopotamus.

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