International Financial Institution

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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IDB Releases Reports on Climate Change Research Needs in Latin America and the Caribbean [viewed]

October 2010: The Inter-American Development Bank (IDB) published a technical note on "Climate Change: A Research Agenda for Latin America  and the Caribbean" identifying the issues that need to be investigated for informed decision making at the national and regional levels with respect to climate change.

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African Development Forum Focuses on Climate Change and Development [viewed]

15 October 2010: The Seventh African Development Forum was held from 12-15 October 2010 in Addis Ababa, Ethiopia, under the theme, "Acting on Climate Change for Sustainable Development in Africa."

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UNEP and Partners Co-Organize Conference on Fossil Fuel Subsidy Reform [viewed]

14 October 2010: The Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) and the UN Environment Programme (UNEP) co-organized a conference titled "Increasing the Momentum of Fossil-Fuel Subsidy Reform: Developments and Opportunities," which took place from 14-15 October 2010, in Geneva, Switzerland.

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ADB Supports Establishment of the Asia Solar Energy Forum [viewed]

14  October 2010: The Asian Development Bank (ADB) will provide a US$2 million technical assistance grant to establish the Asia Solar Energy Forum, a knowledge sharing and communication platform for sector stakeholders to exchange information on how to accelerate and expand the use of solar power.

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