International Financial Institution

Nominations Sought for Civil Society Observers to Climate Investment Funds [viewed]

16 December 2009: Members of non-profit civil society organizations, networks, or small, local communities involved in issues of climate change have been invited to vote for candidates to civil society observer seats on two sub-committees of the Climate Investment Funds' (CIF) Strategic Climate Fund (SCF): the Forest Investment Program (FIP) and the Scaling up Renewable Energy Program in Low Income Countries (SREP).

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Climate Investment Funds to Allocate US$800 Million for Asia [viewed]

18dic_09_0616 December 2009: Countries governing the Climate Investment Funds (CIF) have endorsed the use of a total of US$800 million from the CIF Clean Technology Fund (CTF) for a range of climate activities in the Philippines, Thailand and Viet Nam.

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IDB Finances Expansion of Wind Power in Mexico and Biofuels in Peru [viewed]

Idb15 December 2009: The Inter-American Development Bank (IDB) approved a US$102 million loan in partial financing for two wind power projects totaling 318 MW in the state of Oaxaca, Mexico.

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Nominations Sought for Private Sector Observers to Climate Investment Funds [viewed]

15 December 2009: The World Business Council for Sustainable Development is seeking nominations for private sector observers to two sub-programmes in the Climate Investment Funds (CIF): the Forest Investment Program (FIP) and Scaling up Renewable Energy in Low Income Countries (SREP) Funds.

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Climate Investment Funds Approve US$5.5 Billion for Clean Energy Technology and Launch Renewable Energy Programme [viewed]

14 December 2009: The development banks' Climate Investment Funds (CIF) have launched a new programme called "Scaling up Renewable Energy in Low Income Countries (SREP)," with pledges of US$210.7 million.

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EIB and Others Launch Infrastructure Fund [viewed]

4Eib December 2009: The European Investment Bank (EIB) and other European leading public financial institutions have launched "Marguerite," a pan-European equity fund that aims to act as a catalyst for infrastructure investments implementing key EU policies in the areas of climate change, energy security and trans-European networks.

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UNEP-WCMC Participates in Study Mapping the Climate Change and Biodiversity Impacts of REDD [viewed]

15dic_09_0313 December 2009: The UN Environment Programme - World Conservation Monitoring Centre (UNEP-WCMC), together with a range of organizations, has participated in a study that identifies areas where carbon and biodiversity benefits can be maximized, including global biodiversity hotspots.

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Forest Day 3 Supports Including REDD in Copenhagen Outcome [viewed]

14dic_09_00213 December 2009: The third Forest Day event convened in Copenhagen, Denmark, on 13 December 2009.

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GEF, IFC and Standard and Poor's Develop Carbon Efficiency Index for Companies in Emerging Markets [viewed]

IfcGEF10 December 2009: The Global Environment Facility (GEF), the World Bank Group's International Finance Corporation (IFC) and Standard & Poor's (S&P) have launched the world's first carbon efficient index for emerging markets.

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World Bank Releases Publication on Lessons Learned with Carbon Finance [viewed]

9dic_09_028 December 2009: The World Bank has released a publication titled "10 Years of Experience in Carbon Finance - Insights from working with carbon markets for development & global greenhouse gas mitigation," which provides an overview of the Bank's experience of working with the Kyoto Protocol's flexibility mechanisms, namely the Clean Development Mechanism (CDM) and Joint Implementation (JI).

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