International Financial Institution

World Bank Seeks Feedback on Climate Change Strategy in South Asia [viewed]

13feb09-orld20bank20logoaFebruary 2009: The World Bank's South Asia region is in the process of seeking feedback from interested parties on its draft climate change strategy.

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GEF Co-Organizes Conference on Renewable Energy in Emerging Markets [viewed]

13feb09-reem09-tn0February 2009: The Global Environment Facility (GEF) is co-organizing a conference on “Implementation of Renewable Energy in the Emerging Markets of Africa, Latin America and the Caribbean 2009 (REEM09),” which is scheduled to take place from 27-29 April 2009, in San Francisco, US.

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ADB Plans Energy Week and Climate Change Debates in June 2009 [viewed]

13feb09-iFebruary 2009: The Asian Development Bank (ADB) is planning three events in 2009 related to clean energy and climate: a Climate and Clean Energy Week on 15-19 June 2009; a High-Level Dialogue on Climate Change in Asia and the Pacific on 16-17 June; and the Fourth Asia Clean Energy Forum 2009 on 17-19 June.

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ADB Considers Revised Energy Policy to Incorporate Climate Change Challenges [viewed]

The Asian Development Bank's (ADB's)

9 February 2009: The Asian Development Bank's (ADB's) Board of Directors is currently reviewing an update to its Energy Policy, which guides the Bank's operations in the energy sector. 

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German Chancellor, OECD, WTO, ILO, IMF and World Bank Issue Joint Statement on the Global Economic Situation: Climate Change to Remain a Top Priority [viewed]

Joint statement by German Chancellor Angela Merkel and the heads of five international organizations, including the OECD, ILO, IMF, WTO and the World Bank

5 February 2009: After a meeting held on 5 February 2009, in Berlin, Germany,  German Chancellor Angela Merkel and the Heads of the Organisation for Economic Co-operation and Development (OECD), the World Trade Organization (WTO), the International Labour Organization (ILO), the International Monetary Fund (IMF) and the World Bank issued a joint statement on the global economic situation, in which they stress the need for the worldwide fight against climate change to remain “a top priority.”

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World Bank Funds Energy Efficiency in Moldova [viewed]

World Bank Approves US $10 Million in Additional Financing for Moldova's Energy II Project

29 January 2009: The World Bank approved a US$10 million credit for Moldova to scale-up heating supply and improve the efficiency of heating services in the country.

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IDB Funds Energy Efficiency in the Caribbean [viewed]

28 January 2009: The Inter-American Development Bank (IDB) recently approved three projects to support energy efficiency in the Caribbean. The Bahamas will receive US$1.45 million to strengthen the capacity of the Ministry of the Environment and support ongoing efforts to reform the country's regulatory, financial and fiscal frameworks, in order to achieve a sustainable energy matrix and to encourage energy efficiency in public, commercial and residential buildings.

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World Bank's Climate Investment Funds Committee Identifies Recipient Countries for Adaptation Funds [viewed]

World Bank

30 January 2009: The Trust Fund Committees for the World Bank's Climate Investment Funds met on 27-30 January 2009, and identified which countries will be offered funding under the PPCR within the US$6 billion Climate Investment Funds. Bangladesh, Bolivia, Cambodia, Mozambique, Nepal, Niger, Tajikistan and Zambia have been invited to submit projects to the World Bank's Pilot Program for Climate Resilience (PPCR), which will provide about US$500 million for scaled up action and transformational change in integrating climate resilience in national development planning.

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ADB Funds Energy Efficiency Lighting in the Philippines [viewed]

ADB to Help Philippines Save $100 Million Yearly Fuel Cost by Using Energy-Efficient Lights

2 February 2009: The Asian Development Bank (ADB) approved a US$31.1 million loan for an energy-efficiency project in the Philippines that will provide 13 million energy-saving compact fluorescent lamps (CFL) to homeowners and businesses as part of a government push to save about US$100 million every year in fuel costs, and a deferral of an investment of US$450 million in power generation and associated network capacity. 

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World Bank Reports on CDM Wind Power Project in the Philippines [viewed]

The World Bank's carbon finance program provides clean electricity to poor communities and helps reduce emission of harmful greenhouse gases that cause climate change. It has also catalyzed the emergence of the carbon market that is transforming renewable energy financing in the Philippines.

2 February 2009: The World Bank has reported the success of a Clean Development Mechanism (CDM) wind-power project in Bangui Bay, where the Bank's carbon finance programme is funding a wind farm with a 33 MW capacity and the possibility to provide half the province's power needs.

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