International Financial Institution

African Economic Outlook 2010 Released [viewed]

17 June 2010: The “African Economic Outlook 2010,"  a joint publication of the Organisation for Economic Co-operation and Development (OECD) Development Centre, the African Development Bank (AfDB) and the UN Economic Commission for Africa (UNECA), has been released.

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EU-ACP Review Contonou Agreement, Adopt Joint Declaration on Climate Change [viewed]

22 June 2010: During the 35th Session of the Joint Council of the EU-African, Caribbean and Pacific (ACP) countries, held on 21-22 June 2010 in Ouagadougou, Burkina Faso, the EU and ACP countries signed the second five-year revision of the Cotonou Agreement. The EU and ACP countries also adopted joint declarations on the Millennium Development Goals (MDGs) and climate change.

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APEC Energy Ministers Focus on Low-Carbon Energy Security [viewed]

19 June 2010: The ninth meeting of the Energy Ministers of the Asia-Pacific Economic Cooperation (APEC) convened in Fukui, Japan, on 19 June 2010, under the theme "Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable APEC," and agreed to improve energy efficiency and increase the clean energy supply in the APEC region.

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EIB and Others Promote Creation of Mediterranean Carbon Fund [viewed]

17 June 2010: The European Investment Bank (EIB) together with CDC Climat, the French Development Agency (AFD), PROPARCO, the Cassa depositi e prestiti (CDP) and KfW Bankengruppe, the German promotional bank, have joined forces to study and promote the creation of a Mediterranean Carbon Fund (MCF).

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IDB Supports Mexican Carbon Dioxide Certification System [viewed]

9 June 2010: The Inter-American Development Bank (IDB) approved a project to develop capabilities for carbon dioxide emissions certification in Mexico.

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World Bank Outlines Brazil's Opportunities for Low-Carbon Growth [viewed]

17 June 2010: The World Bank has released a study titled "Brazil Low-Carbon Country Case Study," which finds that this country could reduce its gross greenhouse gas (GHG)  emissions by up to 37% between 2010 and 2030, while maintaining the development goals set out by the government for that period, and without negatively affecting growth or jobs.

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World Bank and CTF Support Wind Power in Egypt [viewed]

15 June 2010: The World Bank approved a US$220 million loan to support wind power development in Egypt, of which US$150 million is to be financed from the Clean Technology Fund (CTF).

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World Bank Gas Flaring Reduction Partnership Incorporates Technology Provider [viewed]

15 June 2010: The World Bank-led Global Gas Flaring Reduction partnership (GGFR) incorporated Finland's Wärtsilä, a technology provider, as the first associated partner to join the global effort to reduce the flaring or burning of natural gas associated to oil production.

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World Bank Supports Turkey's National Climate Change Strategy [viewed]

15 June 2010: The World Bank approved a US$700 million equivalent loan to promote private sector clean technology investments and operations and integrate principles of environmental sustainability, including climate change considerations in key sectoral policies and programmes in Turkey.

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UNDP and Turkmenistan Support Adaptation in Caspian Area [viewed]

4 June 2010: The UN Development Programme (UNDP) and the Hazar Nature Reserve, located on the Caspian Sea Coast of Turkmenistan, are developing adaptive approaches to promote the conservation of biodiversity in the reserve. The project, implemented in collaboration with the Global Environment Facility (GEF) and the Ministry of Nature Protection of Turkmenistan, aims to predict and map the effects of climate change, including rapid change of the shoreline, the emergence of new islands, the disappearance of existing landscapes, and biodiversity loss.

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