International Financial Institution

IDB Invests in Solar Energy in Brazil [viewed]

26 May 2011: The Inter-American Development (IDB) is supporting a solar project in Tauá, in Northeast Brazil, that will be the first ever large scale power generation project to connect a photovoltaic (PV) system into the national interconnected system in Brazil.

read more »

GEF Council Adopts Decision to Broaden GEF Partnership, New Funds Pledged [viewed]

26 May 2011: The 40th meeting of the Global Environment Facility (GEF) Council has adopted a decision on broadening the GEF Partnership under Paragraph 28 of the GEF Instrument, which establishes criteria and accreditation procedures for allowing new entities into the Partnership during a pilot phase.

read more »

IDB to Build Capacity of Amazon Indigenous Peoples for Climate Change Negotiations [viewed]

23 May 2011: The Inter-American Development Bank (IDB) has approved a $1 million technical cooperation project aimed at building the capacity of indigenous peoples of the Amazon Basin in Latin America to more effectively participate in the consultation processes, negotiations and decision making related to climate change, as well as better manage the impacts of climate change on their communities. 

read more »

EBRD Discussion Panel Addresses Promotion of Green Investments [viewed]

23 May 2011: The European Bank for Reconstruction and Development (EBRD) held a discussion panel titled "Weaving the Magic Carpet: How to Make Climate Finance Flow in the Region," which brought different perspectives on how to integrate climate finance to stimulate investments from the private sector in order to achieve a low-carbon future.

read more »

GEF Marks 20th Anniversary [viewed]

23 May 2011: To mark the 20th anniversary of the Global Environment Facility (GEF), the GEF organized a gala reception on the eve of the 40th meeting of the GEF Council.

read more »

FAO, World Bank Release Forest Governance Framework [viewed]

23 May 2011: The Food and Agriculture Organization of the UN (FAO) and the World Bank's Program on Forests (PROFOR) have released a forest governance guidance framework with applications for developing countries' efforts for REDD+ (reducing emissions from deforestation and forest degradation  in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks), titled "Framework for Assessing and Monitoring Forest Governance."

read more »

ADB Invests in Climate Change Technology Venture Capital Funds [viewed]

23 May 2011: The Asian Development Bank (ADB) is investing $60 million to set up three climate change venture capital funds, primarily engaged in markets in China and India.

read more »

World Bank Auctions Adaptation Fund CERs [viewed]

20 May 2011: The World Bank, as Trustee for the Adaptation Fund, has completed an auction of 200,000 tons of certified emission reductions (CER) at Euro 12.52 per ton.

read more »

World Bank Lends US$200 Million for Energy Efficiency Projects in Ukraine [viewed]

17 May 2011: The World Bank approved a project to improve energy efficiency in industrial companies, municipalities and municipally-owned enterprises and energy service companies in Ukraine by facilitating bank lending for energy efficiency investments.

read more »

Event: AfDB 2011 Annual Meetings [viewed]

These meetings, organized around the theme “Towards an Agenda for Inclusive Growth in Africa,” will review the African Development Bank's (AfDB) 2010 operations and its 2012 development funding portfolio, as well as challenges facing the African region in key areas such as climate change, infrastructure, private sector and governance. The meetings will also include: a high-level seminar on "Financing Energy and Green Growth;" a meeting on capacity building in science, technology and innovation; a meeting on the Inga power project (two hydroelectric dams); and the launch of African Economic Outlook 2011, which focuses on Africa's growing integration in the world economy and its diversifying partnerships revealing unprecedented economic opportunities.  

read more »