International Financial Institution

World Bank Launches Partnership for Ecosystem Services Valuation [viewed]

28 October 2010: The World Bank announced a new Global Partnership for Ecosystems and Ecosystem Services Valuation and Wealth Accounting, an initiative designed to integrate ecosystem services into national accounting.

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IDB Launches Public Consultations on Climate Change Strategy [viewed]

28 October 2010: The Inter-American Development Bank (IDB) launched a public consultation process on the draft of its Integrated Strategy for Climate Change Adaptation and Mitigation, and Sustainable and Renewable Energy, including a series of workshops to be held in several countries in the region.

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Mediterranean Climate Change Initiative Launched [viewed]

22 October 2010: The Greek Government, with the support of the European Investment Bank (EIB) and in collaboration with leaders from across the Mediterranean, launched the Mediterranean Climate Change Initiative on 22 October 2010, in Athens, Greece.

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G-20 Notes Progress on Fossil Fuel Subsidies [viewed]

23 October 2010: The G20 Finance Ministers and Central Bank Governors meeting in Gyeongju, Republic of Korea, on 23 October 2010, noted the progress made on rationalizing and phasing out inefficient fossil fuel subsidies.

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World Bank Funds Geothermal Energy in Kenya [viewed]

22 October 2010: The World Bank presented an Electricity Expansion Project in Kenya, expected to channel a total investment of US$1,391 million, of which the World Bank's International Development Association (IDA), is providing US$330 million, to expand energy access with clean geothermal power and new transmission lines.

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Oceans Day Adopts Nagoya Oceans Statement [viewed]

23 October 2010: "Oceans Day" at Nagoya took place on the sidelines of the 10th meeting of the Conference of the Parties (COP 10) to the Convention on Biological Diversity (CBD), in Nagoya, Japan, to emphasize the importance of marine and coastal biodiversity as a common concern of humankind and its essential role for preserving life on Earth.

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ADB, World Bank Workshop Focuses on Resilience to Climate Change in the Pacific [viewed]

14 October 2010: The Asian Development Bank (ADB) and the World Bank organized a workshop on "Responding to Climate Change in the Pacific: Moving from Strategy to Action," in Nadi, Fiji, on 13-14 October 2010.

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ADB Report Highlights Effects of Climate Change on Asian Megacities [viewed]

22 October 2010: The Asian Development Bank (ADB) has released a report titled "Climate Risks and Adaptation in Asian Coastal Megacities," which highlights the impact of climate change on Bangkok, Ho Chi Minh City and Manila under a range of scenarios through 2050.

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IDB Launches MicroCarbon Development Fund [viewed]

21 October 2010: Through its Multilateral Investment Fund, the Inter-American Development Bank (IDB) has launched the MicroCarbon Development² Fund, which will invest in energy efficiency programmes to benefit lower income households, microenterprises, small companies and forest communities, while combating climate change.

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World Bank Report 2010 Highlights Rise in Climate-Related Investments [viewed]

October 2010: The World Bank presented its Report 2010, which indicates that Bank support to low-carbon investments, including through the International Development Association (IDA) and Trust Funds, rose to US$3.9 billion this fiscal year, up from US$2.4 billion in fiscal 2009.

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