International Financial Institution

EIB Co-financing Climate Change Mitigation in Viet Nam [viewed]

26 May 2009: The European Investment Bank (EIB) has announced that it will co-finance investments that will contribute to the mitigation of climate change through a EUR100 million loan.

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World Bank Funds Coal Alternatives in China [viewed]

© World Bank20 May 2009: The World Bank approved a loan of US$80 million to fund the utilization of coal bed methane (CBM) and coal mine methane (CMM) as substitutes to coal in China.

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World Bank Supports CDM Training in China [viewed]

© World Bank13 May 2009: The World Bank has organized a “South-South CDM Knowledge Exchange Program” in China, with the objective of expanding the capacity of developing countries in the Clean Development Mechanism (CDM) and providing a platform for South-South experience-sharing on key challenges concerning CDM implementation.

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UNEP Launches Carbon Benefits Project [viewed]

© UNFCCC11 May 2009: The UN Environment Programme (UNEP), the World Agroforestry Centre and partners have launched the Carbon Benefits Project, funded by the Global Environment Facility (GEF). Catchments in and around Lake Victoria have been chosen as a test case for calculating how much carbon can be stored in trees and soils when the land is managed in a sustainable, climate-friendly way.

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Coalition for Rainforest Nations Workshop on National Forest Inventories in Non-Annex I Countries Convenes [viewed]

29 April 2009: The Coalition for Rainforest Nation's Capacity Development for Reducing Emissions from Deforestation and Forest Degradation (CD REDD) Programme held the third of a series of three workshops in Dehradun, India, from 27-29 April 2009, under the theme “National Forest Inventory: The Experiences of Non-Annex I Countries.”

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IDB and FONTAGRO to Fund Climate Change Impact Studies [viewed]

© IDB5 May 2009: The Inter-American Development Bank (IDB) and the Regional Fund for Agricultural Technology (FONTAGRO) have announced that they will fund three projects on adapting regional productive systems to climate change.

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GEF Small Grants Programme Launched [viewed]

© GEF5 May 2009: The Global Environment Facility's (GEF) Small Grants Programme was launched in Zambia on 24 April 2009, at one of the projects that benefited from the funding.

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ADB Names Eminent Climate Change Advisors, Releases Sustainability Report [viewed]

© ADB4 May 2009: The Asian Development Bank (ADB) has established an Advisory Group of seven eminent persons to advise the Bank on how to strengthen its programmes to meet the global challenge of climate change. The Advisory Group on Climate Change and Sustainable Development will help ADB management consider ways to assist ADB's developing member countries move their economies onto low-carbon development paths and address the social impacts of climate change.

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GEF STAP Addresses GEF'S Role in REDD [viewed]

© GEFMay 2009: The Global Environment Facility's Scientific and Technical Advisory Panel (GEF-STAP) met in Rome, Italy, from 28-30 April 2009, to review GEF implementation science and the emerging strategies for the fifth GEF Replenishment (GEF-5).

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UN/ISDR and UNDP to Launch Global Assessment Report on Disaster Risk Reduction [viewed]

May 2009: The 2009 Global Assessment Report on Disaster Risk Reduction will be launched in Manama, Bahrain, on 17 May 2009, at an event organized by the UN Development Programme (UNDP) and the UN International Strategy for Disaster Reduction (UN/ISDR). The report will present a global risk analysis on emerging disaster and climatic risk patterns and trends, in particular those related to poverty and human development concerns.

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