International Financial Institution

Event: Climate Investment Funds Committee Meetings [viewed]

The Climate Investment Funds (CIF) Committees and Sub-committees are meeting to approve new projects under this financing framework. The CIF are a unique pair of financing instruments designed to support low-carbon and climate-resilient development through scaled-up financing channeled through the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB) and the World Bank Group.  

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UNDP and Botswana Promote Solar Energy [viewed]

13 July 2010: The UN Development Programme (UNDP) and the Government of Botswana, through the Global Environment Facility (GEF), is introducing alternative fuels and solar power to reduce carbon emissions to bring sustainable solutions to environmental and health problems, in addition to saving time for women and girls by reducing the time needed to collect wood.

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World Bank Project Deploys 5.5 Million Energy Efficient Light Bulbs [viewed]

8 July 2010: The World Bank presented the first results of a project on energy efficiency lighting in Bangladesh, which achieved the record deployment of 5.5 million compact fluorescent lights (CFL) in one day.

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EIB Funds Low-Carbon Vehicle Engine Research at Ford [viewed]

12 July 2010: The European Investment Bank (EIB) will provide GBP 450 million to the car-maker Ford for the development of low-carbon emission diesel and petrol engines.

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WTO Negotiations on Environmental Goods and Services Continue [viewed]

1 July 2010: The World Trade Organization (WTO) negotiations on Environmental Goods and Services continued during a meeting of the Committee on Trade and Environment Special Session (CTE-SS), with proposals to include carbon capture and storage (CCS), natural gas and biofuels among environmental goods.

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ADB Invests in Clean Development Fund for the Greater Mekong Subregion [viewed]

9 July 2010: The Asian Development Bank (ADB) has announced that it will invest US$15 million to support clean energy projects in the Greater Mekong Subregion and South Asia through the Mekong Brahmaputra Clean Development Fund.

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Renewable Energy and Energy Efficiency Centre Opens in West Africa [viewed]

6 July 2010: A new regional Centre for Renewable Energy and Energy Efficiency (ECREEE) opened in Praia, Cape Verde, on 6 July. The Centre is supported by the UN Industrial Development Organization (UNIDO), the Governments of Austria, Cape Verde and Spain, as well as through a special partnership between Brazil and the Economic Community of West African States (ECOWAS).

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World Cities Summit 2010 Focuses on Sustainable Cities [viewed]

1 July 2010:  The World Cities Summit 2010, organized by the Centre for Liveable Cities (CLC), took place in Singapore from 29 June-1 July 2010, under the theme "Liveable and Sustainable Cities for the Future."

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GBEP Newsletter Highlights Progress on Sustainability Indicators for Bioenergy [viewed]

1 July 2010: The Global Bioenergy Partnership (GBEP) has published its eighth newsletter, which discusses, inter alia, the recent G8 Summit in Muskoka, Canada, GBEP's new partners, and new online resources for greenhouse gas (GHG) measurement.

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GEF Council Approves Major Reforms in New Funding Cycle [viewed]

2 July 2010: The 38th meeting of the Global Environment Facility (GEF) Council took place in Washington DC, US, from 29 June-1 July 2010, and approved major reforms aimed at helping developing countries to meet international environmental challenges, including those related to climate change and biodiversity.

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