International Financial Institution

ADB Finances Solar Thermal Technology Project in China [viewed]

19 August 2011: The Asian Development Bank (ADB) has approved a US$100 million loan to boost energy efficiency in Shandong province in the People's Republic of China (PRC).

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GEF Reports on Eastern Arc Mountain Forests Project [viewed]

18 August 2011: The Global Environment Facility (GEF) has presented the results of a project implemented by the UN Development Programme (UNDP) to conserve biodiversity in the Eastern Arc Mountain forests of Tanzania, which, over seven years (2003-2010), increased protected area coverage by over 500,000 hectares and supported the creation of protected forest corridors in sensitive areas, including in the Derema area and Bunduki Gap in the Ulugurus.

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GEF Funds Environmental Fiscal Reform in Moldova [viewed]

8 August 2011: The Global Environment Facility (GEF) has endorsed a project, to be implemented by the UN Development Programme (UNDP), to reform and develop fiscal instruments to improve targets under the three Rio Conventions in the Republic of Moldova.

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CDM Project in Egypt Replaces Polluting Taxi Fleet [viewed]

August 2011: The World Bank has provided an update on the Egypt Vehicle Scrapping and Recycling Programme, the first transport Programme of Activities to be registered under the UNFCCC's Clean Development Mechanism (CDM), and which is now providing funding for the replacement of old polluting taxi vehicles in Cairo.

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Latin American and Caribbean Countries Move Toward Phasing Out Inefficient Lighting [viewed]

12 August 2011: During the first regional meeting of the en.lighten initiative, conducted for Latin American and Caribbean countries, delegates adopted the Santo Domingo Declaration, which encourages the phasing out of general service incandescent lamps and the transition to more efficient lighting products.

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GEF Meeting Reviews Pacific Adaptation to Climate Change Project [viewed]

11 August 2011: A meeting to review the Pacific Adaptation to Climate Change (PACC) project, organized by the Global Environment Facility (GEF), discussed policy, technical, and operational issues and issued recommendations to enhance the impact of PACC and include lessons learned into other regional legal frameworks.

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Adaptation Fund Board Releases 14th Meeting Report [viewed]

Adaptation Fund10 August 2011: The Adaptation Fund Board (AFB) has released the report from its 14th meeting, during which the Board invited civil society to engage in a dialogue with the AFB in Durban, South Africa, at the 17th session of the Conference of the Parties (COP 17) to the UNFCCC, as well as discussions with institutions supporting the accreditation process of National Implementing Entities (NIE).

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World Bank Publishes Study on Regulatory and Financial Incentives for Solar Power [viewed]

5 August 2011: The World Bank has published a study titled "Regulatory and Financial Incentives for Scaling up Concentrating Solar Power in Developing Countries," which analyzes existing renewable energy schemes supporting concentrated solar power (CSP) and proposes measures to scale up CSP promotion.

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UNFCCC Publishes Submissions to the Transitional Committee [viewed]

UNFCCCAugust 2011: The UNFCCC Secretariat has published submissions to the Transitional Committee for the design of the Green Climate Fund.

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EBRD Provides Financing to Green Agribusiness in Serbia [viewed]

5 August 2011: The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a EUR80 million loan to Serbia's agricultural sector to expand the production and increase energy savings of MK Group, a leading agribusiness group in Serbia.

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