International Financial Institution

World Bank Supports Climate Risk Preparedness in Moldova [viewed]

5 August 2010: The World Bank approved a US$10 million project to manage climate and disaster risks in Moldova, through strengthening the State Hydrometeorological Service's ability to forecast severe weather and improving Moldova's capacity to prepare for, and respond to, natural disasters.

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World Bank Releases Energy Outlook in Eastern Europe and Central Asia [viewed]

August 2010: The World Bank has released a report on the energy outlook in Eastern Europe and Central Asia region, warning that following the recent economic downturn, the energy demands of this region will again require strong investment in new energy sources, raising environmental and carbon footprint concerns.

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Pacific Islands Forum Communiqué Addresses Climate Change [viewed]

5 August 2010: The 41st meeting of the Pacific Islands Forum, which took place in Port Vila, Vanuatu, from 4-5 August 2010, concluded with the issuance of a Communiqué, which contains a section on climate change.

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IDB Supports Private Bank's Green Portfolio [viewed]

3 August 2010: The Inter-American Development Bank (IDB) approved a US$30 million loan to Banco de Galicia y Buenos Aires to create an innovative sustainable facility to scale up private sector financing for projects in the areas of renewable energy, energy efficiency and agriculture, among others.

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World Bank Launches Economics of Adaptation to Climate Change Synthesis Report [viewed]

3 August 2010: The World Bank has released the Synthesis Report of the study titled "The Economics of Adaptation to Climate Change," which estimates the costs of adaptation between US$70-100 billion per year between now and 2050.

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IDB Funds Geothermal Expansion in Nicaragua [viewed]

2 August 2010: The Inter-American Development Bank (IDB) will fund the expansion of geothermal power generation capacity in Nicaragua with a US$40 million loan to the company Polaris Energy Nicaragua S.A.

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World Bank Launches Tenth Edition of Little Green Data Book [viewed]

29 July 2010: The World Bank has released the tenth edition of its Little Green Data Book, which provides evidence of the last decade's achievements - or lack of progress - on the road towards sustainable development.

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Guyana and Norway Establish Guyana REDD+ Investment Fund [viewed]

13 July 2010: The President of Guyana and Prime Minister of Norway announced the establishment of the Guyana REDD+ Investment Fund (GRIF) for reducing emissions from deforestation and forest degradation in developing countries, including conservation, sustainable management of forests and enhancement of carbon stocks (REDD+).

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Event: Global Conference on Agriculture, Food Security and Climate Change [viewed]

This meeting is organized by the Government of the Netherlands in cooperation with the Governments of Ethiopia, Norway and New Zealand, the World Bank and the Food and Agriculture Organization of the UN (FAO). The meeting aims to provide concrete actions to link the implementation of agriculture-related investments, policies, and measures with long-term carbon emission reductions and adaptation benefits. It will address new and additional and innovative ways of financing the roadmap for action and aims to contribute to the UNFCCC climate talks in Cancun, Mexico. The conference will include a ministerial roundtable.  

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Interim REDD+ Expert Meeting Highlighted in UN-REDD July Newsletter [viewed]

UNREDD Newsletter28 July 2010: The UN-REDD Programme has released its July Newsletter, which outlines recent activities on reducing emissions from deforestation and forest degradation, conservation, sustainable management of forests and enhancement of carbon stocks (REDD+). Highlighted is a recent meeting of the Interim REDD+ Partnership, which was established in May at the Oslo Climate and Forest conference.

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