International Financial Institution

TEC Presents Recommendations on Linkages between Technology, Financial Mechanisms of UNFCCC [viewed]

UNFCCC21 October 2014: The UNFCCC Secretariat has published a document containing recommendations of the Technology Executive Committee (TEC) on the linkages between the Technology Mechanism and the Financial Mechanism of the Convention.

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Central African Countries Agree to Regional SE4ALL Vision [viewed]

SE4ALL21 October 2014: Central African countries have come together to back a regional policy on universal energy access and to promote social and economic development under the UN-led Sustainable Energy for All (SE4ALL) initiative. In committing to a SE4ALL Action Agenda, countries will focus on doubling the share of renewables and the rate of energy efficiency improvement, as well as ensuring access to modern energy services for their populations.

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Seychelles Qualifies for World Bank Resilience Financing [viewed]

World Bank15 October 2014: The World Bank announced that Seychelles has become the first African country to gain access to the Bank's contingency financing to help build resilience and better respond to natural disasters, such as cyclones, flooding and landslides. The financing will allow Seychelles to access a reserve of US$7 million in the aftermath of any natural disaster declared an emergency by the government.

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Event: First Bangladesh SE4ALL Investor Forum [viewed]

The World Bank, Asian Development Bank (ADB) and US Department of State have partnered with the Government of Bangladesh to organize the first Bangladesh SE4ALL Investor Forum. The Forum will cover the global status of SE4ALL activities, opportunities for SE4ALL investment in Bangladesh and the current investment climate in the country. Participants will hear remarks from Mohinder Gulati, SE4ALL Chief Operating Officer; Tapos Kumar Roy, Additional Secretary in Bangladesh's Ministry of Power, Energy, and Mineral Resources; US Ambassador Dan Mozena; and high-level World Bank, ADB and German Government officials. The second day of the Forum (by invitation only), will feature presentations by project proponents.  

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ADB Workshop Examines Climate Change Implications in Mekong Region [viewed]

ADB-Greater Mekong10 October 2014: Following a workshop that examined 'Mekong Protected Areas and Climate Change – Implications for Livelihoods and Development,' over 60 participants from the Greater Mekong Subregion (GMS) are returning home to implement country action plans based on the best practices, tools and adaptation strategies learned at the workshop. The results of the workshop will also inform the 'Protected Areas, Development, and Climate Change in the GMS (PAD2)' project, set to commence in 2015.

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GCF Publishes Compilation of Submissions on Investment Framework [viewed]

green-climate-fund-newOctober 2014: The Green Climate Fund (GCF) has published a compilation of submissions on the Fund's investment framework. Following the adoption of the Fund's initial investment framework in August 2014, the GCF Board's Investment Committee is considering elements for further development of the framework, including: definitions for activity-specific sub-criteria and a set of activity-specific indicators; minimum benchmarks for each criterion, consideration of best practices of other institutions; and identification and comparison of methodologies for assessing the relative quality and innovativeness of comparable funding proposals in comparable circumstances.

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EMG SOM20 Focuses on UN System-Wide Strategy on Environment, SDGs [viewed]

emeg25 September 2014: During the 20th Senior Officials Meeting (SOM20) of the Environment Management Group (EMG), senior management of 38 UN agencies, multilateral agreement bodies and intergovernmental financial institutions focused on coherence in environmental programming, sustainable operations and the Sustainable Development Goals (SDGs). The senior officials also undertook important discussions on the Group's contribution to the preparation of a UN System-Wide Strategy on the Environment.

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UNIDO Continues Technical Training on Environmental Projects for CIS Countries [viewed]

UNIDO17 October 2014: The UN Industrial Development Organization (UNIDO) has organized a capacity building workshop for countries of the Commonwealth of Independent States (CIS) on mitigating global environmental problems. The event provided 25 participants from the Ministries of Environment, Energy and Ecology of Armenia, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation and Ukraine with tools to enhance the quality of project submissions to the Global Environment Facility (GEF).

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World Bank Organizes “Boot Camp” for Green Businesses in Viet Nam [viewed]

World Bank17 October 2014: The World Bank and the Asian Development Bank (ADB) have created a course to support Vietnamese businesses in developing sustainable energy-related solutions and adaptation technologies in the transport, agricultural and water sectors. The ‘Clean Tech Bootcamp,' which consisted of lectures and workshops for 24 small- and medium-size clean-technology start-up companies, will be proceeded with support from a local business hub, to be established in the second half of 2014.

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Event: Fifth African Rift Geothermal Conference (ARGeo - C5) [viewed]

The 5th African Rift Geothermal Conference (ARGeo - C5) is being organized to promote the development, exploration, use and financing of geothermal energy projects. ARGeo - C5, themed 'Geothermal: Solution to Africa Energy Needs,' will serve as an information-sharing platform and will facilitate regional cooperation. The main conference, which will take place 29-31 October, will feature a range of sessions geared toward exploring: risk mitigation; how to attract private developers; fast-tracking projects; stimulating the growth of the industry through investment; and the development, construction and operation of geothermal plants. Participants also have the option of participating in short courses, such as 'Improving Success in Drilling' and 'Financing Geothermal Projects' on 27-28 October. After the conference, an optional field trip on 1-2 November is offered. The African Rift Geothermal Development Facility (ARGeo) Project is organizing the conference in partnership with the UN Environment Programme (UNEP) and the Government of Tanzania. The UNEP-ARGeo Programme is a project funded by the Global Environment Facility (GEF) that encourages the development of geothermal energy sources in East Africa to realize their untapped potential and reduce greenhouse gas (GHG) emissions. It was officially launched in 2010 at ARGeo - C3.  

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