International Financial Institution

World Bank Signs Three New ERPAs for Biogas Projects in Mexico [viewed]

Banco Mundial8 November 2011: The World Bank signed three new emission reduction purchase agreements (ERPAs) with Bioenergía de Nuevo León, to buy 1 million carbon credits generated through a biogas plant in Monterrey, Mexico.

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UNFCCC Publishes GEF Report on Technology Transfer Strategic Programme [viewed]

14 November 2011: The UNFCCC Secretariat has published the report (FCCC/SBI/2011/14) of the Global Environment Facility (GEF) to the 17th session of the Conference of the Parties (COP 17) on the Implementation of the Poznan Strategic Programme on Technology Transfer.

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GEF Climate Change Fund Supports Weather Risk Insurance in the Balkans [viewed]

GEF10 November 2011: The Special Climate Change Fund (SCCF), administered by the Global Environment Facility (GEF), is providing a US$5.5 million grant to develop the disaster and weather-risk insurance market and mitigate the negative impacts of climate change in Albania, FYR Macedonia, and Serbia.

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IDB Funds Fuel Diversification and Renewables in Barbados [viewed]

IDB10 November 2011: The Inter-American Development Bank (IDB) has approved a US$70 million loan to support energy diversification and power saving efforts in Barbados, expected to save 4.5 million tons of carbon dioxide equivalent by 2029.

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en.lighten Initiative Announces Southeast Asian Support for Incandescent Lights Phase-Out [viewed]

9 November 2011: The UN Environment Programme (UNEP) and Global Environment Facility (GEF) en.lighten Initiative has reported on a Southeast Asian workshop that convened on 4 November 2011, during which representatives from 18 countries supported the phasing out of incandescent light bulbs.

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FCPF Releases 2011 Annual Report [viewed]

November 2011: The Forest Carbon Partnership Facility (FCPF), hosted at the World Bank, has released its annual report for the fiscal year 2011. The report highlights strengths and weaknesses of the Facility to date.

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Guest Article #69: Adapting Decision Making for a Warming World [viewed]

The world must start adapting now to a very different, much hotter tomorrow, one in which business as usual policies and practices will simply not suffice. The extreme weather events over the past two years provide a foretaste of what is to come. But dealing with more frequent and intense disasters (to use an apt metaphor) will be only the tip of the iceberg.

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Report of the 15th Adaptation Fund Board Meeting Released [viewed]

Adaptation Fund14 November 2011: The Adaptation Fund has released the report of the 15th meeting of the Adaptation Fund Board (AFB), which was held from 15-16 September 2011, in Bonn, Germany. At the meeting, the AFB discussed issues related to accreditation of Regional Implementing Entities (RIE) and National Implementing Entities (NIE), as well as the application of a cap on funding for projects proposed by Multilateral Implementing Entities (MIE). 

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Central Asian Experts Identify Challenges to Adaptation in Mountain Regions [viewed]

14 November 2011: Experts from Azerbaijan, Iran, Kyrgyzstan, Nepal, Mongolia and Tajikistan recently convened to explore how best to address evidence of climate change impacts on mountain regions in international discussions. Delegates noted the importance of Tajikistan as a source of water for Central Asia, China and the Russian Republic, with 8,000 glaciers and extensive high altitude lakes. 

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ADB Approves US$100 Million for Low Carbon Growth, Climate Resilience in Indonesia [viewed]

ADB10 November 2011: The Asian Development Bank (ADB) has approved a US$100 million loan to support the Low Carbon and Resilient Development Program in Indonesia, which the Government has pledged to use towards cutting greenhouse gas (GHG) emissions by 26 percent over business-as-usual by 2020. 

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