International Financial Institution

IDB Launches Carbon Finance Portal for Latin America [viewed]

2 June 2011: The Inter-American Development Bank (IDB), with support from the UN Environment Programme (UNEP) and the World Bank, has launched a web portal called "Finanzas Carbono," which is designed to provide a platform for dissemination of information on carbon markets to the Spanish-speaking world.

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AfDB Invests in Solar and Wind Power in Sub-Saharan Africa [viewed]

6 June 2011: The African Development Bank (AfDB) is providing a US$365 million loan to South Africa to support its national electricity utility, Eskom, in implementing a US$1.3 billion renewable energy project to introduce concentrated solar power to sub-Saharan Africa and the first utility-scale wind power plant to South Africa.

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World Bank's Lighting Africa Initiative Reports Success Stories [viewed]

6 June 2011: The World Bank's Lighting Africa Initiative is showcasing examples of success in providing off-grid lighting to poor communities in Africa.

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Event: High-Level Africa Consultative Forum on Renewable Energy [viewed]

This high-level consultative forum will provide an opportunity for Ministers of Energy from Africa to engage with experts from Regional Economic Commissions, national entities, international partners, the UAE Government, the African Development Bank (AfDB), the African Union (AU)-UN Regional Consultative Mechanism, the EU-Africa Energy partnership, key energy NGOs and others. IRENA is convening the meeting to discuss specific implementation challenges facing Africa with respect to renewable energy technologies, as well as practical approaches to generate the critical policy and technical information, advice and capacity that is required to support the extensive deployment of renewable energy in Africa.  

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World Bank Publishes Study on Climate Change Impacts in North African Cities [viewed]

4 June 2011: The World Bank led a study on “Climate Change Adaptation and Natural Disasters Preparedness in the Coastal Cities of North Africa,” which estimates that the economic impacts of climate change in Alexandria, Casablanca and Tunis will be more than $1 billion each between now and 2030.

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World Bank Reports on Experience with Afforestation and Reforestation Projects in the CDM [viewed]

3 June 2011: The Biocarbon Fund, managed by the World Bank, has published a report on lessons learned from the funding of afforestation and reforestation (A/R) projects under the Clean Development Mechanism (CDM).

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Rainforest Basins Summit Calls for South-South Cooperation [viewed]

3 June 2011: The Summit of the Heads of State and Government of the Three Rainforest Basins, namely the Amazon, Congo, and Borneo-Mekong basins, took place in Brazzaville, Congo, from 27 May-3 June 2011, to establish new ways to increase technical cooperation on forest matters, and adopted a joint statement on tropical forests, climate and sustainable development.

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World Bank Supports Design of Carbon Market Instruments in Eight Developing Countries [viewed]

1 June 2011: The World Bank announced that eight developing countries will receive an initial grant of US$350,000 to support the design, pilot and implementation of market-based instruments for greenhouse gas (GHG) mitigation.

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World Bank Partners with C40 Cities Climate Leadership Group [viewed]

1 June 2011: The World Bank and the C40 Cities Climate Leadership Group (C40), a group of large cities committed to addressing climate change, have partnered to accelerate current action by cities aimed at reducing greenhouse gas (GHG) emissions and improving their resilience to climate change.

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World Bank, GEF Fund Adaptation in Sao Tome and Principe [viewed]

31 May 2011: The World Bank Board has approved a Global Environment Facility (GEF) grant of US$4.1 million to support São Tomé and Principe in increasing its adaptive capacity to the adverse impacts of climate variability and change.

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