International Financial Institution

IDB Paper Examines Impact of Deforestation Ban in Latin America [viewed]

28 January 2011: The Inter-American Development Bank (IDB) presented a discussion paper on the implications of a hypothetical complete ban on land clearing for agriculture in tropical areas of Latin America and the Caribbean, which underscores that the carbon market will not be sufficient to compensate the rural poor for lost income.

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World Bank and Republic of Korea Strengthen Partnership on Climate Change-Related Disasters [viewed]

24 January 2011: The World Bank signed a Memorandum of Understanding (MoU) with the Republic of Korea's National Emergency Management Agency (NEMA) to strengthen cooperation for disaster risk reduction (DRR) and climate change adaptation.

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World Bank Highlights Opportunities for Carbon Finance in Arab Countries [viewed]

19 January 2011: Speaking at the Second Arab Economic, Social and Developmental Summit, in Sharm El Sheikh, Egypt, Mahmoud Mohieldin, World Bank Managing Director, highlighted the potential of the Arab region in the renewable energy sector.

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UNCCD and GEF Secretariats Discuss GEF-5 Policies and Programmes [viewed]

January 2010: Luc Gnacadja, Executive Secretary of the UN Convention to Combat Desertification (UNCCD), and Monique Barbut, Chief Executive Officer and Chair of the Global Environment Facility (GEF), co-hosted a staff retreat between their respective Secretariats, on 4 January 2011.

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WTO Members Address Environmental Issues within the Doha Mandate [viewed]

19 January 2011: An informal meeting of the World Trade Organization's (WTO) Committee on Trade and Environment in Special Session (CTESS) met on 10-14 January 2011,  and WTO members reviewed the various proposals on the table covering the Doha mandate related to environment.

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IDB and Japan Sign MoU in Support of Clean Energy [viewed]

14 January 2011: The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency  (JICA) signed a Memorandum of Understanding (MoU) to support renewable energy and energy efficiency for the mitigation of climate change in Latin America and the Caribbean.

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EIB Funds Electric Vehicle Battery Research [viewed]

10 January 2011: Philippe de Fontaine Vive, Vice-President of the European Investment Bank (EIB), and Vincent Bolloré, CEO of the Bolloré Group, signed a EUR 130 million finance contract in support of research, development and innovation programmes in the field of electricity storage (batteries and electric vehicles).

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World Bank President Discusses Green Growth in India [viewed]

13 January 2011: World Bank Group President Robert B. Zoellick and India's Minister of State for Environment and Forests (Independent Charge) Jairam Ramesh, met in Delhi, India, to discuss how to further strengthen their partnership to advance India's green-growth agenda.

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SPREP Reports on Training Workshops on Adaptation Socioeconomic Assessment [viewed]

12 January 2010: The Secretariat of the Pacific Regional Environment Programme (SPREP) has reported on completing a series of sub-regional training sessions on the Socioeconomic Assessment Guides, in the context of the GEF-funded Pacific Adaptation to Climate Change Project.

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World Bank Umbrella Carbon Facility to Buy Post-2012 Carbon Credits [viewed]

12 January 2011: The World Bank has announced that Tranche 2 of its Umbrella Carbon Facility (UCF) is now operational with initial funding of €68 million. This Tranche provides the opportunity for existing carbon projects to continue selling their carbon credits well beyond 2012.

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