International Financial Institution

World Bank Launches Report on State and Trends of the Carbon Market 2011 [viewed]

1 June 2011: During the Carbon Expo taking place in Barcelona, Spain, the World Bank released the 2011 edition of its State and Trends of the Carbon Market Report, which indicates a slight decline in carbon markets compared to 2009.

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UNDP, GEF Launch Sustainable Forest Management Project in Cambodia [viewed]

30 May 2011: The UN Development Programme (UNDP) and the Global Environment Facility (GEF) launched a sustainable forest management project in Cambodia, which aims to promote forest conservation, benefit the rural poor, and contribute to climate change mitigation.

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World Bank Supports Improved Capacity in Hydropower Plant in Indonesia [viewed]

27 May 2011: The World Bank approved a US$640 million loan to build a pumped storage system in Indonesia's Upper Cisokan Pumped Storage Hydropower project, to allow the power plant to supply electricity in peak season.

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GEF Council Approves Programme that Includes Great Green Wall Initiative [viewed]

26 May 2011: The 40th meeting of the Global Environment Facility (GEF) Council, together with the tenth meeting of the Council of the Least Developed Country Fund (LDCF) and Special Climate Change Fund (SCCF), has approved an integrated land-use programme to fund investments to address priorities set by 12 African countries in West Africa and the Sahel.

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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.

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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.

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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. 

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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.

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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.

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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."

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