International Financial Institution

UNEP, GEF Support Air Monitoring in Bosnia Herzegovina [viewed]

GEF UNEP19 January 2016: The United Nations Environment Programme (UNEP) has opened two air monitoring stations in Bosnia and Herzegovina and refurbished two existing ones. These steps will assist the country in: monitoring climate and air quality in line with national and EU law and prevent illnesses and deaths from outdoor pollution; ensuring accurate data is available to monitor climate change; alerting the public about pollution risk; and measuring the impact of policy measures to improve air quality.

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Event: Agriculture and Food Systems, Climate Change and Nutrition in CIS Countries [viewed]

This conference will explore the linkages among climate change, agriculture, food systems, social safety nets and nutrition. It will bring together stakeholders from the research, government and donor communities to: exchange and review knowledge; discuss ongoing research efforts; and identify gaps for improvement and future research in the region. The event will help raise awareness about the importance of nutrition and make development in the region more nutrition sensitive. The conference will address: findings from the Global Nutrition Report (2015) focusing on agriculture and food systems, climate change, nutrition-specific interventions and social safety nets in Commonwealth of Independent States (CIS) countries; nutrition-specific programmes and social protection policies in the region; and evidence-based research on the impacts of climate change on nutrition and vice-versa, as well as agriculture-nutrition linkages. The International Food Policy Research Institute (IFPRI), the Eurasian Center for Food Security and the World Bank are organizing this conference, which will take place at Lomonosov Moscow State University.  

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Conference Discusses the Role of Transport and Cities in Addressing Climate Change [viewed]

wb_wri_embarq15 January 2016: An annual international conference, titled 'Transforming Transportation 2016,' called for greater knowledge sharing, integrated approaches and innovative approaches to solve the sustainability challenges in cities. Co-hosted by the World Bank and EMBARQ, the urban mobility initiative of the World Resources Institute (WRI) Ross Center for Sustainable Cities, the conference brought together representatives from a wide array of international and non-governmental organizations (NGOs), ministries, cities, municipalities, academia and the private sector.

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Event: 2016 GEF ECW for the Southern Africa Constituency [viewed]

Expanded constituency workshops (ECW) aim to keep Global Environment Facility (GEF) national focal points, convention focal points and other key stakeholders, including civil society, abreast of GEF strategies, policies and procedures and to encourage coordination. They provide an opportunity for focal points to meet with their counterparts from other countries in the region and GEF partners to review policies and procedures and share lessons and experiences from the development and implementation of GEF projects and their integration into national policy frameworks.  

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IMF Experts Call for Carbon Pricing to Implement Paris Agreement [viewed]

IMF11 January 2016: In a report published as part of the International Monetary Fund (IMF) Staff Discussion Note (SDN) series, experts examine the role that fiscal polices can play in assisting countries to implement the Paris Agreement adopted at the end of 2015. The paper, titled 'After Paris: Fiscal, Macroeconomic, and Financial Implications of Climate Change,' considers how developing and developed countries alike can prevent deaths, raise revenue for adaptation and attract private finance flows for mitigation by getting fiscal policies right, with a focus on carbon pricing.

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IGOs, Development Banks and UN Agencies React to Paris Agreement [viewed]

paris_agreementDecember 2015: Upon adoption of the Paris Agreement by the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France, a broad array of stakeholders, including UN agencies, development banks and intergovernmental organizations (IGOs), responded to the outcome reached by the 196 UNFCCC Parties. The Agreement, which will be opened for signature in April 2016, aims to strengthen the global response to climate change, hold the increase in global average temperature to well below 2°C above pre-industrial levels, and pursue efforts to limit the temperature increase to 1.5°C.

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December 2015 Sustainable Energy Finance Update [viewed]

energy2015January 2016: During the month of December, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CBD), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank announced sustainable energy project funding and initiatives. ADB and EIB released reports on financing and deploying clean energy.

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Event: ADB Board of Governors 49th Annual Meeting [viewed]

The annual meeting of the Asian Development Bank (ADB) aims to provide: guidance on ADB administrative, financial and operational directions; and the opportunity for member governments to interact with ADB staff, nongovernment organizations, the media and representatives of observer countries, international organizations, academia and the private sector. The annual meetings, which are held in a member country in late April or early May and include the participation of finance and economic planning ministers, senior government officials, representatives of multilateral development banks (MDBs) and investment bankers, aim to discuss challenges and explore solutions facing Asia and the Pacific.  

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Guest Article #137: Mobilising 100 Financial Institutions for Energy Efficiency [viewed]

This month's COP 21 in Paris concluded with a universal agreement to keep the global temperature rise well below 2 degrees Celsius, and to aim to further reduce it to below 1.5 degrees. To achieve this, the world needs to shift to carbon neutral economies within this century – with a downward carbon trend required well before 2050.

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December 2015 Climate Finance Update [viewed]

December 2015 Climate Finance Update21 December 2015: During the month of December, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the Green Climate Fund (GCF), the Adaptation Fund and the Secretariat of the UN Framework Convention on Climate Change (UNFCCC), among others, reported on new financing pledges and other climate finance news. Multilateral Development Banks (MDBs), climate funds and UN initiatives launched studies, reports and briefs on, inter alia, climate risks and resilience, and adaptation finance. A large number of climate finance-related side events were held during the UN Paris Climate Change Conference in December 2015.

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