International Financial Institution

GEF Council Discusses Work Program, STAP Report [viewed]

GEF21 October 2015: The 49th meeting of the Global Environment Facility (GEF) Council opened in Washington DC, US, to consider, among other things, a Work Program to provide financing for 17 new projects focusing mainly on climate change and sustainable ecosystem management in the Amazon. In anticipation of the forthcoming Paris Climate Change Conference, the Work Program emphasizes climate mitigation, as well as an integrated, multi-country program for the Amazon.

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Global Leaders Launch Carbon Pricing Panel [viewed]

cpl20 October 2015: Global leaders have come together to launch the Carbon Pricing Panel and to urge countries and companies around the world to put a price on carbon pollution. The Carbon Pricing Panel was convened by World Bank Group President Jim Yong Kim and the Managing Director of the International Monetary Fund (IMF) Christine Lagarde, joined by the Secretary General of the Organisation for Economic Co-operation and Development (OECD) Angel Gurria.

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SIDS DOCK Treaty Enters into Force [viewed]

sidsdock30 September 2015: A treaty establishing the Small Island Developing States (SIDS) Sustainable Energy and Climate Resilience Initiative – SIDS DOCK - entered into force on 30 September 2015, with a ceremony at UN Headquarters featuring the official handover of instruments of ratification by the first 11 contracting Parties: Bahamas, Barbados, Belize, the Cook Islands, Dominica, Grenada, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Samoa, Seychelles and Tuvalu. By the treaty, SIDS DOCK is established as an intergovernmental organization - the first global intergovernmental organization of island nations, according to a press release.

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WBG/IMF Annual Meetings Address Climate Change, SDGs [viewed]

wbg.imf11 October 2015: The 2015 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), which met from 9-11 October 2015 in Lima, Peru, were the first to be held in Latin America since 1967. The meetings consisted of plenary sessions, panel discussions and seminars, which addressed, inter alia, inequality, the economic slowdown, renewable energy, climate change, and the Bank's twin goals of ending extreme poverty by 2030 and boosting shared prosperity. They brought together government ministers, development experts, CEOs and celebrities.

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UNITAR, NAP-GSP Launch National Adaptation Planning Case Studies [viewed]

unitar_nap_gsp5 October 2015: The UN Institute for Training and Research (UNITAR), in collaboration with the National Adaptation Plan (NAP) Global Support Programme (GSP), has developed three NAP case studies to facilitate the sharing of good practices and lessons learned from developing countries' experiences of the NAP process. The case studies aim to help improve countries' access to knowledge and resources for adaptation planning and decision-making.

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Blue Guardians Initiative on Oceans to Support SIDS Resilience to Climate Change [viewed]

clinton_global_initiative1 October 2015: An international initiative, titled ‘Blue Guardians,' has been launched by former US President Bill Clinton, to address the urgent need for climate change action through recognition of the role of oceans in climate change resilience and mitigation. The initiative will promote the development of 39 sustainable island economies while increasing their resilience to climate change and promoting marine and fisheries conservation and clean renewable energy.

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September 2015 Sustainable Energy Finance Update [viewed]

energy_sep_2015October 2015: During September 2015, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Clean Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the International Finance Corporation (IFC) and the World Bank, among others, announced sustainable energy project funding and related plans. AfDB and IFC launched publications and reported on events.

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September 2015 Climate Finance Update [viewed]

September 2015 Climate2 October 2015: During the month of September, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the Green Climate Fund (GCF) and the Global Environment Facility (GEF) reported on new funding, and project news and other climate finance-related developments. Multilateral development banks, climate funds, and others released studies, briefs and reports, including on carbon pricing and climate resilience, and reported on events on climate finance readiness and disaster risk financing.

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June-September 2015 NAMA Update [viewed]

namaupdate 1 October 2015: This update provides information on individual nationally appropriate mitigation actions (NAMAs) by developing countries, including NAMAs seeking support for preparation and implementation, and related support, events and activities, for the period from June to September 2015.

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Six African Countries Launch CAFI Initiative on Forests [viewed]

CAFI29 September 2015: Representatives of six African nations and development partners launched the Central African Forest Initiative (CAFI) at a high-level event in New York, the US. CAFI aims to reduce deforestation and forest degradation in Central Africa through mitigating climate change, reducing poverty and contributing to sustainable development.

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