International Financial Institution

IDB to Manage Canadian Climate Fund for the Private Sector in the Americas [viewed]

IDB30 April 2012: The Inter-American Development Bank (IDB) has been selected by the Canadian Government to manage the Canadian Climate Fund for the Private Sector in the Americas. The CAD$250 million Fund will focus on financing private sector climate mitigation and adaptation projects in Latin America and the Caribbean (LAC) that need concessional financing to become viable.

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World Bank Invests in Sustainable Ocean Ecosystem Management [viewed]

World BankApril 2012: The World Bank published a brief titled "Helping to Better Manage the World's Oceans," which presents the sectoral results for sustainable ocean ecosystem management and the Bank's role in the creation of the Global Partnership for Oceans.

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Meeting Calls for Joint Action on Disaster Risk Management [viewed]

World Bank27 April 2012: Donor and developing country officials convened during the World Bank/International Monetary Fund (IMF) Spring Meetings to reaffirm commitments to mainstreaming disaster resilience in development planning and the link between disaster reduction and climate change adaptation. 

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AfDB Green Bank Initiative Reports Resource Use Savings [viewed]

AfDB20 April 2012: The African Development Bank's Green Bank Initiative has reported that it has achieved positive results through large savings in water, energy and paper use.

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GEF Promotes Renewable Energy Mini-Grids in Chad [viewed]

GEF12 April 2012: The Global Environmental Facility (GEF) has approved a US$1.8 million project promoting renewable energy-based mini-grids for rural electrification and productive uses in Chad.

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Event: Third Workshop on Enhancing the Regional Distribution of CDM Projects in Asia and the Pacific [viewed]

This workshop is being organized by the Asian Development Bank (ADB), the Institute for Global Environmental Strategies (IGES) and the UN Framework Convention on Climate Change (UNFCCC) Secretariat, in collaboration with the UN Environment Programme (UNEP) Risoe Centre. The aim of the workshop is to provide a platform for participants to share best practices and key lessons, enhance their knowledge on the Clean Development Mechanism (CDM) and discuss technical, financial, and policy issues specific to their projects. In addition, the ADB, with support from UNFCCC Secretariat, will offer one-on-one project consultations with interested project developers from 17-18 July. The ultimate objective is to promote and support CDM project activities in Asia and the Pacific countries currently hosting fewer than 10 registered projects, particularly least developed countries (LDCs) and small island developing States (SIDS).  

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IFC Promotes Green Building Certification System [viewed]

April 2012: The International Finance Corporation (IFC), a member of the World Bank Group, has launched a Green Buildings Certification System (EDGE) to encourage companies to invest in sustainably-designed buildings.

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New Clean Energy Initiatives and Commitments Announced at CEM3 [viewed]

26 April 2012: Leaders from the governments of the 23 Clean Energy Ministerial (CEM) participant countries, together with the Sustainable Energy for All (SE4All) initiative, have announced a variety of new commitments and initiatives to improve energy efficiency, increase the share of renewable energy, and enable energy access worldwide. These commitments and initiatives are the main outcomes of the two-day Third Clean Energy Ministerial (CEM3).

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Climate and Clean Air Coalition Welcomes New Partners [viewed]

24 April 2012: The UN Environment Programme (UNEP) has announced that the first meeting of the working group and the High Level Assembly of the Climate and Clean Air Coalition welcomed new parties to the Coalition, agreed on five initiatives for rapid implementation, and established a Trust Fund managed by the UNEP-hosted Secretariat.   

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Workshop Calls for Additional Support for Implementation of LEDS in Africa [viewed]

23 April 2012: During a recent international workshop on Low Emissions Development Strategies (LEDS), participants heard from representatives across Africa on the need for additional financial and technical support to ensure that African countries can continue LEDS implementation.

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