International Financial Institution

EIB Issues Climate Awareness Bonds [viewed]

30 April 2010: The European Investment Bank (EIB) and Daiwa Securities Group announced an issuance of Climate Awareness Bonds to finance the EIB's future lending projects in the fields of renewable energy and energy efficiency.

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Event: Fifth Asia Clean Energy Forum 2010 [viewed]

The Clean Energy Forum, organized by the Asian Development Bank (ADB), USAID and the World Resources Institute, will feature a panel addressing the issue of Supersizing Energy Efficiency and Renewables to Meet the Climate Challenge.  

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AfDB Supports African Climate Change Institutions [viewed]

4 May 2010: The African Development Bank (AfDB) launched a project to support climate institutions in Africa from 2010-2012, for an estimated total of US$37 million.

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ADB Seminar Discusses Financing Climate Change in Asia and the Pacific [viewed]

2 May 2010: The Asian Development Bank (ADB) held a seminar on "Financing Climate Change and Sustainable Development Action in Asia and the Pacific" during its Annual Meeting, held in Tashkent, Uzbekistan, on 2-4 May 2010.

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Fourth GEF Assembly Documents Identify Climate Tipping Points [viewed]

May 2010: The Global Environment Facility (GEF) has published documents for the Fourth GEF Assembly, including a report of its Scientific and Technical Advisory Panel (STAP), which highlights that climate change is "even more dangerous than previously expected" and identifies a series of climate change tipping points (GEF/A.4/3).

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Donor Platform Releases Paper on Agriculture and Climate Change [viewed]

April 2010: The Global Donor Platform for Rural Development released an issues paper on agriculture and climate change that examines what happened on agriculture at the Copenhagen climate talks and future directions for agriculture and climate change both within and outside of the UNFCCC negotiations.

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World Bank Spring Meetings Increase Developing Country Voice [viewed]

The International Monetary Fund (IMF) and World Bank Group Spring Meetings, held in Washington DC from 24-25 April 2010, increased voting power in the International Bank for Reconstruction and Development (IBRD) for developing and transition countries by 3.13%, bringing it to a total of 47.19%, and also agreed to continue working towards equitable voting power while protecting the voting power of the smallest poor countries.

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ADB Annual Meeting Launches Three-Gigawatt Solar Energy Initiative [viewed]

3 May 2010: The Asian Development Bank (ADB) announced a solar energy initiative to generate 3,000 megawatts of solar power over the next three years, with plans to invest US$2.25 billion and the potential to leverage an additional US$6.75 billion in co-financing.

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OECD, WTO, ILO, IMF and World Bank Heads Identify Fields for Action [viewed]

28 April 2010: German Chancellor Angela Merkel organized a meeting with the OECD Secretary-General, WTO Director-General, ILO Director-General, IMF Managing Director and World Bank President. The joint press release from the event identifies several fields for action, including green growth and climate change.

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World Bank Showcases Climate Financing Results [viewed]

April 2010: The World Bank's brief on "Multiple Solutions to Address the Climate Change Challenge" highlights that the Bank channelled, during fiscal year 2009, US$9.3 billion in financing for climate-affected sectors. 

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