International Financial Institution

World Bank Receives Pledge from Norway for Guyana REDD+ Investment Fund [viewed]

9 October 2010: Norway has pledged US$30 million to the Guyana REDD+ Investment Fund (GRIF), entrusted to the World Bank, with the aim of supporting Guyana's policies for limiting greenhouse gas (GHG) emissions from deforestation and forest degradation, and its progress in governance-related indicators.

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IMF-World Bank Development Committee Encourages Collaboration with UNFCCC [viewed]

9 October 2010: The Joint Ministerial Committee of the Boards of Governors of the World Bank and the International Monetary Fund (IMF) on the Transfer of Real Resources to developing Countries (or Development Committee) met on 9 October 2010, in Washington DC, US. The meeting concluded with the adoption of a Communiqué in which ministers recognize the World Bank's work in the area of climate change, including the Climate Investment Funds (CIF), and encourage further collaboration with the UNFCCC.

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Event: IDB Training Workshop on Climate Change: Corporate Environmental Responsibility and Market Mechanisms [viewed]

The regional workshop on “Climate Change: Corporate Responsibility and Market Mechanisms” will bring together experts from financial markets, corporate environmental responsibility and carbon markets to discuss experiences and opportunities for the private sector in these areas. This event is co-organized by the Inter-American Development Bank (IDB), the Sao Paulo Stock Exchange (BM&F BOVESPA) and the World Bank.  

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Event: IDB Workshop on Environmental Sustainability and Carbon Markets (in Spanish) [viewed]

The regional workshop on environmental sustainability and carbon markets will address challenges and opportunities for the financial sector in Latin America and the Caribbean and provide information for the identification of business opportunities. The workshop seeks to demonstrate that financial enterprises that adopt environmental strategies may gain competitive advantages.  

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World Bank Briefs NGOs on Consultations for Energy and Environment Strategies [viewed]

7 October 2010: The World Bank organized, on 7 October 2010, in Washington, DC, US, a briefing for NGOs regarding the recently completed first round of global multistakeholder consultations for updated strategies on Energy and Environment.

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EIB and AfDB Fund First Large-Scale Wind Project in Africa [viewed]

7 October 2010: The European Investment Bank (EIB) and African Development Bank (AfDB) agreed to provide EUR 45 million to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.

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WTO Discusses Carbon Footprint Initiatives [viewed]

29 September 2010: The World Trade Organization's (WTO) Trade and Environment Committee met in Geneva, Switzerland, and exchanged views on national experiences in carbon footprint schemes.

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IDA Presents its Work on Disaster Risk Reduction [viewed]

September 2010: The International Development Association (IDA) published a brief report on its activities relating to disaster risk reduction (DRR) and sustainable development, highlighting projects to support DRR as a strategic priority in country development strategies.

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World Bank and IDB Co-Organize Energy Efficiency and Access Forum for Latin America [viewed]

29 September 2010: An Energy Efficiency and Access Forum, which was jointly organized by the Mexican Government, the Inter-American Development Bank (IDB) and the World Bank, highlighted that Latin America's power generating capacity may need to double over the next 20 years to meet the growing demand for electricity.

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Event: WTO Committee on Trade and Environment [viewed]

The World Trade Organization (WTO) Committee on Trade and Environment (CTE) will discuss experiences with product carbon footprint schemes.  

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