International Financial Institution

Uganda Registers First African Forestry Project under CDM [viewed]

© WB6 October 2009: The first African reforestation project to be registered under the Clean Development Mechanism (CDM) is being undertaken by Uganda's National Forestry Authority, in association with local community organizations.

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UNITAR Joins Nairobi Framework to Improve Participation of Developing Countries in CDM [viewed]

© UNITAR5 October 2009: The UN Institute for Training and Research (UNITAR) joined the Nairobi Framework, an initiative aimed at assisting developing countries especially those in sub-Saharan Africa, to improve their level of participation in the Clean Development Mechanism (CDM).

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WTO Public Forum Addresses Conflicts and Coherence between Climate-Change Policies and Trade Rules [viewed]

1 October 2009: The World Trade Organization (WTO) Public Forum featured a panel on climate change policies and trade rules that looked into whether the interpretation of WTO agreements ensures sufficient policy space to adopt effective climate-change measures.

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World Bank Estimates Costs of Adaptation [viewed]

© The World Bank30 September 2009: The World Bank has presented the results of an Economics of Adaptation to Climate Change (EACC) study, which estimates costs of adaptation to climate change in developing countries will be in the order of US$75-100 billion per year for the period 2010-2050, considering a 2°C warmer world.

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GEF, UNEP and Partners Launch Renewable Energy Project Insurance Scheme [viewed]

© UNEP-GEF-CarbonRe24 September 2009: The Global Environment Facility (GEF) and the UN Environment Programme (UNEP) are supporting an innovative mechanism for insuring renewable energy projects in developing countries. The global renewable energy insurance facility, which was launched by Munich, RSA Insurance Group (RSA) and CarbonRe, will be operated via an internet website and will offer standard and customized insurance solutions for renewable energy projects in developing countries.

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UNDESA and Regional Development Banks Launch Partnership on Sustainable, Low Carbon Transport [viewed]

25 September 2009: The UN Department of Economic and Social Affairs (UNDESA), the Asian Development Bank, African Development Bank and the Inter-American Development Bank are among more than 30 members of the new Partnership on Sustainable, Low Carbon Transport (SLoCaT).

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GEF and UNEP Launch Global Platform for Efficient Lighting [viewed]

© GEF25 September 2009: The Global Environment Facility (GEF) and the United Nations Environment Programme (UNEP) have launched the “Global Market Transformation for Efficient Lighting Platform,” a public-private partnership directed at reducing global energy demand for lighting.

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ADB Creates Financing Facility for Energy Efficiency in Pakistan [viewed]

© ADB17 September 2009: The Asian Development Bank (ADB) is extending US$780 million to Pakistan through a financing facility for energy efficiency projects to secure the country's growing energy needs and reduce its reliance on costly, polluting fossil fuels.

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EIB Funds Energy Efficiency in Italy [viewed]

17 September 2009: The European Investment Bank (EIB) is supporting Italy, through a US$200 million framework loan to Centrobanca, to finance small and medium-scale energy efficiency projects, hydroelectric, wind, photovoltaic and biomass plants.

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Adaptation Fund Board Takes Decisions on Operationalization [viewed]

© Adaptation Fund Board 16 September 2009: At its seventh meeting, held from 14-16 September 2009 in Bonn, Germany, the Adaptation Fund (AF) Board took several landmark decisions concerning the operationalization of, and direct access to, the Fund by eligible parties.

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