International Financial Institution

IMF Review of Marshall Islands Highlights Climate Change Risks [viewed]

7 October 2011: The International Monetary Fund (IMF) concluded its annual Article IV consultations with Marshall Islands, citing a strong economic recovery since 2009 while cautioning that long-term risks include energy supply and impacts of climate change.

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World Bank Purchases Carbon Credits from Poland's Energy-Efficiency in Buildings Scheme [viewed]

World Bank5 October 2011: The World Bank and the Government of Poland have signed an Emission Reduction Purchase Agreement (ERPA) whereby the Bank will buy carbon credits generated by Poland through energy efficiency measures in public buildings.

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AfDB Assists African Countries with NAMAs [viewed]

28 September 2011: The African Development Bank (AfDB) has announced results from a side event and one-day training it held during the African Carbon Forum, to assist 24 regional member countries to understand and better prepare Nationally Appropriate Mitigation Actions (NAMAs). The training focused on capacity building to design and implement NAMAs to take advantage of the Green Climate Fund, when it becomes effective.

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Event: GEF 41st Council Meeting [viewed]

The GEF Council is the main governing body of the GEF. It functions as an independent board of directors, with primary responsibility for developing, adopting, and evaluating GEF programs. Council members representing 32 constituencies (16 from developing countries, 14 from developed countries, and two from countries with transitional economies) meet twice each year for three days.  

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IDB Finances Panama's Disaster Risk Management and Adaptation [viewed]

IDB6 October 2011: The Inter-American Development Bank (IDB) will finance Panama's development of a policy for disaster risk management and climate change adaptation with a US$100 million loan.

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G20 Summit Preparations Focus on Green Growth [viewed]

6 October 2011: Federal Chancellor of Germany, Angela Merkel, and the Heads of five international agencies met in Berlin, Germany, on 6 October 2011, to call for coordinated policy action to restore confidence and improve sustainable and balanced growth and employment prospects ahead of the G20 Summit to be held in Cannes, France, on 3-4 November 2011. 

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en.Lighten Middle East and North Africa Conference Adopts Beirut Declaration [viewed]

30 September 2011: The UN Environment Programme (UNEP) and Global Environment Facility (GEF) en.lighten Partnership has announced that government officials in the Middle East and North Africa have agreed to phase-out incandescent light bulbs.

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EBRD Invests in Renewable Energy and Efficiency Projects in Turkey [viewed]

29 September 2011: The European Bank for Reconstruction and Development (EBRD) is supporting Turkey's investments in renewable energy and energy efficiency projects to increase energy savings and reduce carbon emissions.

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Event: Durban Trade and Climate Change Symposium [viewed]

The International Centre for Trade and Sustainable Development (ICTSD) is co-organising the Durban Trade and Climate Change Symposium together with the World Trade Organization (WTO) and the Department of Trade and Industry of the Republic of South Africa.  

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EBRD Supports Hydropower Project in Ukraine [viewed]

29 September 2011: The European Bank for Reconstruction and Development (EBRD) has approved a loan to finance upgrades of hydro- and electro-mechanical equipment at Ukrgidroenergo's (UHE) hydropower plants. UHE is Ukraine's state-owned operator of large hydro-generating and pump storage facilities.

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