International Financial Institution

IDB Approves New Clean Technology and Renewable Energy Fund [viewed]

IDB13 January 2012: The Inter-American Development Bank (IDB) has approved a US$30 million loan for the Emerging Energy Latin America Fund II, which is designed to support the private sector as a driving force in clean technologies and renewable energy deployment in the region.

read more »

Landfill Fuels Electricity in Peru [viewed]

World Bank6 January 2012: The World Bank has inaugurated an energy plant in Peru, fueled by a landfill in the Peruvian desert, which will supply energy to the national grid and generate carbon credits.

read more »

EIB Grants Credit Line to Caribbean Development Bank for Climate Action Projects [viewed]

6 January 2012: The European Investment Bank (EIB) has announced that it will grant a €50 million line of credit to the Caribbean Development Bank (CDB) to help finance borrowing member countries' (BMC) efforts to address climate change mitigation and adaptation.

read more »

Event: Special High-level Meeting of ECOSOC with the Bretton Woods Institutions, WTO and UNCTAD [viewed]

The Special high-level meeting of the Economic and Social Council (ECOSOC) with the Bretton Woods Institutions (International Monetary Fund (IMF) and World Bank), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) will analyze issues of common concern, related to the global economy and sustainable development. Pursuant to ECOSOC resolutions 2011/38, 2010/26 and 2009/30, the overall theme of the meeting will be “Coherence, coordination and cooperation in the context of Financing for Development”.  

read more »

IDB Supports Brazilian SMEs in Measuring Carbon Footprint [viewed]

IDB5 January 2012: The Inter-American Development Bank's Multilateral Investment Fund (FOMIN), in partnership with the Brazilian National Standards Organization (ABNT), will launch a US$2.8 million project to support 200 small and medium-size companies (SMEs) manage their greenhouse gas (GHG) emissions.

read more »

CIF Opens Vote for Civil Society Representatives [viewed]

5 January 2012: The voting process to elect civil society representatives to the Climate Investment Funds (CIF) is now open and will close on Tuesday, 24 January 2012 at 11:59 PM GMT.

read more »

Event: 38th Summit of the G8 [viewed]

The US will host the 38th Summit of the Group of Eight (G8) at Camp David, Maryland, in May 2012. The G8 comprises Canada, France, Germany, Italy, Japan, the Russian Federation, the UK, and the US. The meeting was originally scheduled to take place in Chicago, back-to-back with the NATO summit, but the US announced the change in location and dates on 5 March (http://www.whitehouse.gov/the-press-office/2012/03/05/statement-press-secretary-g-8-and-nato-summits). The North Atlantic Treaty Organization (NATO) will hold its summit in Chicago from 20-21 May (see http://www.chicagonato.org/ for more information). The Presidents Benin, Ghana and Tanzania and Prime Minister of Ethiopia are expected to join in the discussions on food security in Africa.  

read more »

Bangkok Floods a Sign of a Things to Come, UN/ISDR Reports [viewed]

3 January 2011: The UN International Strategy for Disaster Reduction (UN/ISDR) has stated that the recent flooding in Bangkok, Thailand, may be a sign of things to come “amid a changing climate.” Drawing on information from the World Bank, UN/ISDR stated that the economic loss caused by the flooding is estimated to be in excess of US$45 billion.

read more »

World Bank Supports Central America in Disaster Risk Prevention and Management [viewed]

World Bank15 December 2011: The World Bank and the Center for Coordination and Prevention of Natural Disasters in Central America (CEPREDENAC) have signed two cooperation agreements for more than US$1 million to support the implementation of the Central American Policy for Integral Disaster Risk Management (PCGIR). 

read more »

GCF Interim Secretariat Invites Parties to Nominate Board Members [viewed]

22 December 2011: The interim Secretariat of the Green Climate Fund (GCF) has published a message to parties on the launch of the GCF. The notification contains two Annexes on the board of the GCF and on criteria for the selection of the host country.

read more »