International Financial Institution

EIB, European Commission to Explore Joint Climate Finance [viewed]

14 June 2010: European Climate Action Commissioner Connie Hedegaard and European Investment Bank (EIB) President Philippe Maystadt have agreed to explore a joint climate finance initiative for developing countries, combining European Commission and member States' grants with financing from the EIB and other European financial institutions to meet adaptation and mitigation challenges.

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UNEP, GEF Launch Initiative to Green World Cup [viewed]

8 June 2010: The UN Environment Programme (UNEP), the Global Environment Facility (GEF) and the South African Department of Environmental Affairs (DEA) have announced an initiative to green the World Cup and assist in reducing carbon emissions.

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World Bank Finances Water Sector Adaptation in Mexico [viewed]

10 June 2010: The World Bank approved a US$450 million loan to promote Mexico's water sector adaptation efforts.

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EIB Finances World's Largest Offshore Wind Farm [viewed]

10 June 2010: The European Investment Bank (EIB) has signed a GBP 250 million loan to DONG Energy, for the construction of the London Array, expected to be the world's largest offshore wind farm.

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FAO-Backed Bangladeshi Radio Assists Agriculture, Fisheries and Livestock Sectors [viewed]

8 June 2010: The UN Food and Agriculture Organization (FAO) and the Bangladeshi Ministry of Agriculture have set up a radio station run by and for people living in remote parts of Bangladesh, to broadcast  information to support those working in the agriculture, fisheries and livestock sectors.

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CIF Announces Business Guide to the Climate Investment Funds [viewed]

June 2010: The Climate Investment Funds (CIF) have reported that the World Business Council for Sustainable Development (WBCSD) and Climate First have published online a "Business Guide to the Climate Investment Funds," which describes the different funding windows, as well as the role, structure and current status of the CIF.

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ADB Launches Clean Air Portal for Asian Cities [viewed]

7 June 2010: The Asian Development Bank (ADB) has launched a new Clean Air Portal, which is the point of entry for data and information on air quality, climate change co-benefits, energy and transport.

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Event: Fifth Caribbean Environment Forum and Exhibition (CEF 5), Second Caribbean Sustainable Energy Forum (CSEF 2), and 15th Annual Wider Caribbean Waste Management Conference (ReCaribe) [viewed]

These three events will be held simultaneously under the unified theme "Coping with Copenhagen: Water, Waste, Energy, Health..." to emphasize actions and strategies to address key Caribbean environmental issues against the backdrop of climate change. The CEF series on Caribbean health and environment has been organized by the Caribbean Community's (CARICOM) Caribbean Environmental Health Institute (CEHI) biennially since 2000. The CSEF focuses on energy efficiency, renewable energy and energy security for Small Island Developing States (SIDS). The annual ReCaribe has been organized since 1995 by Clean Islands International (CII) to discuss waste management issues in the wider Caribbean region. The combined event is being co-sponsored by the Jamaican Government, the Organization of American States (OAS), the Global Environment Facility's (GEF) Integrating Watershed and Coastal Area Management project (IWCAM), the Caribbean Renewable Energy Development Programme (CREDP), and the US Centers for Disease Control and Prevention (CDC).  

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Report on Measuring Energy Access for Sustainable Development Released [viewed]

7 June 2010: Columbia University's Earth Institute has released a paper titled “Measuring Energy Access: Supporting a Global Target.” The paper was co-authored by various UN agencies, the International Energy Agency (IEA), and the World Bank, among others.

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G-20 Continues Discussion of Fossil Fuel Subsidies [viewed]

5 June 2010: The Meeting of Finance Ministers of major advanced and emerging economies and Central Bank Governors (G-20), which convened in Busan, Republic of Korea, on 5 June 2010, welcomed the strategies and timetables provided by many G-20 members for rationalizing and phasing out inefficient fossil fuel subsidies that encourage wasteful consumption.

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