International Financial Institution

Caribbean Conference Assesses GEF Project on Watershed and Coastal Area Management [viewed]

November 2011: The Global Environment Facility (GEF)-funded Project on “Integrating Watershed and Coastal Areas Management in Small Island Developing States of the Caribbean” (GEF-IWCAM Project) hosted its Final Project Conference to evaluate the achievements, challenges and lessons learned, as well as prospects for a follow-up project.

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Event: Transforming Transportation [viewed]

The ninth annual “Transforming Transportation” event will take place at the World Bank in Washington, DC, US, from 26-27 January 2012, and will focus on big ideas to scale up sustainable transport best practices in cities worldwide. The plenary session on Day 1 will discuss the future of the city, and on Day 2 it will look beyond the transport sector for inspiration on how to scale up best practices. Other sessions will include moderated panel discussions and rapid presentations of innovative ideas. The agenda also features screenings of urban transport videos and a cocktail reception to honor the late Dr. Leon "Lee" Schipper. Transforming Transportation 2012 is open to the public, and is organized by EMBARQ, The World Bank, Inter-American Development Bank, Asian Development Bank, Institute for Transportation Development and Policy, Clean Air Initiative for Asian Cities, and the Partnership for Sustainable Low Carbon Transport.  

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World Bank Outlines Steps to Increase Drought Resilience in Africa [viewed]

World Bank19 December 2011: The World Bank has released a policy paper titled "The Drought and Food Crisis in the Horn of Africa: Impacts and Proposed Policy Responses for Kenya," which highlights four broad policy changes that can be taken by Kenya to reduce its vulnerability to future droughts as climate change continues to reduce rainfall in the region.

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Caribbean Development Bank Finances State of Water Study in Caribbean Countries [viewed]

6 December 2011: The Board of Directors of the Caribbean Development Bank approved a US$275,000 loan to assist in financing an assessment of the state of the water sector in all Bank borrowing member countries (BMCs) except Haiti.

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GEF Supports Voluntary Mitigation Mechanism in Colombia [viewed]

GEF16 December 2011: Colombia has begun implementing a national mechanism for voluntary mitigation of greenhouse gas (GHG) emissions, supported by a $2.7 million grant from the Global Environment Facility (GEF) and co-financing of more than $7.9 million. 

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Draft Proposal for UNEP-UNCCD Enabling Activities Umbrella Project Circulated [viewed]

UNCCD15 December 2011: A draft proposal for an enabling activities umbrella project has been posted on the UN Convention to Combat Desertification (UNCCD) website.

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UN/ISDR Pilots Resilience Local Government Self-Assessment Tool [viewed]

14 December 2011: The UN International Strategy for Disaster Reduction (UN/ISDR) has announced that, together with the ICLEI - Local Governments for Sustainability, it has piloted the Local Government Self-Assessment Tool (LG-SAT), designed to assist disaster reduction efforts by cities and local governments that have signed up to the global "Making Cities Resilient" Campaign.

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GEF-managed Least Developed Countries Fund Receives New Pledges [viewed]

GEF10 December 2011: The Global Environment Facility (GEF) has reported that several donor countries pledged new support to the GEF-managed Least Developed Countries Fund (LDCF) for climate change adaptation during the 17th session of the Conference of the Parties (COP 17) to the UNFCCC in Durban, South Africa.

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World Bank to Support Low-Carbon Initiatives in Poorest Countries [viewed]

World Bank6 December 2011: The World Bank announced two new initiatives to support least developed countries' (LDCs) access to finance for low-carbon investments and enable them to tap into carbon markets after 2012, the Carbon Initiative for Development (Ci-Dev) and the third tranche of the BioCarbon Fund (BioCF T3).

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IDB Provides Climate Change and Financial Sector Funding to Trinidad and Tobago [viewed]

IDB5 December 2011: The Inter-American Development Bank (IDB) approved two loans for Trinidad and Tobago totaling US$130 million, including US$80 million for climate change measures and US$50 million to strengthen the financial sector.

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