International Financial Institution

IDB Finances Public Transport Infrastructure in Colombian Cities [viewed]

IDB15 September 2011: The Inter-American Development Bank (IDB) has approved US$320 million in loans to Colombia for the development of public transport system in four cities, focusing on improving public transport and shortening circulation times of public vehicles, thus cutting greenhouse gas (GHG) emissions, expected to benefit 800,000 passengers daily.

read more »

World Bank, GEF Fund Kiribati's Adaptation Programme [viewed]

15 September 2011: The World Bank has approved the third phase of the Kiribati Adaptation Program (KAP III), a project that will invest US$10.8 million to improve the resilience of Kiribati to the impacts of climate change on freshwater supply and coastal infrastructure.

read more »

IFC's Post-2012 Carbon Facility Shows Private Sector Interest in Carbon Markets [viewed]

September 2011: The International Finance Corporation (IFC), part of the World Bank Group, reached full subscription of over US$200 million for its Post-2012 Carbon Facility, helping secure what is expected to be at least US$2 billion in low carbon growth across the developing world despite uncertain carbon market conditions.

read more »

Event: Carbon Benefits Project Workshop [viewed]

The United Nations Environment Programme (UNEP) along with the Scientific and Technical Advisory Panel (STAP) to the Global Environment Facility (GEF) are organizing this workshop to showcase a set of methodologies and tools to measure, monitor and model carbon stock changes and greenhouse gas emissions in a standardized way.  

read more »

Adaptation Fund Board Accredits New Implementing Entities [viewed]

Adaptation Fund16 September 2011: The Adaptation Fund Board (AFB) took a number of decisions at its 15th meeting, including a decision to increase the number of National Implementing Entities to six with the accreditation of the Protected Areas Conservation Trust (PACT) of Belize as a National Implementing Entity (NIE) and the African Development Bank as a Multilateral Implementing Entity (MIE).

read more »

GEF Promotes Climate Change Dialogue with African Youth [viewed]

GEF14 September 2011: The Global Environment Facility (GEF), through the initiative Connect4Climate has initiated an interactive dialogue on climate change issues amongst African youth and social media users around the world.

read more »

ADB Report Highlights Threat of Climate Change to Food Security [viewed]

Food Security and Climate Change in the Pacific13 September 2011: The Asian Development Bank (ADB) has released a report titled "Food Security and Climate Change in the Pacific: Rethinking the Options," which highlights the threats posed by climate change to food security in the Pacific region unless urgent action is taken.

read more »

ADB Funds Solar Power Project in India [viewed]

ADB13 September 2011: The Asian Development Bank (ADB) has approved a $100 million loan to finance a roll-out of new large-scale solar power facilities in Gujarat, India.

read more »

IDB to Invest in Adaptation to Climate Change in the Caribbean [viewed]

IDB12 September 2011: The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) is investing US$1.5 million to launch an initiative that will help small and medium-sized enterprises in Jamaica, Barbados, the Bahamas and Belize to adopt business practices to minimize the impact of climate change on productive activities.

read more »

IDB, Mexico Launch Sustainable Energy Technologies Contest [viewed]

IDB7 September 2011: Mexico and the Inter-American Development Bank (IDB), supported by the Government of the Republic of Korea, have announced a joint contest to fund applied research and technological development projects on sustainable energy, with a total prize of US$2.5 million.

read more »