International Financial Institution

Urgency of Healthy Oceans Stressed by Experts, Officials [viewed]

italy-palau-monaco26 September 2014: At a high-level special event on ‘Healthy Oceans and Seas: Paving the Way Towards a Sustainable Development Goal,' participants addressed specific ways to conserve and promote the sustainable use of oceans, seas and marine resources, in relation to the proposed SDG 14. Climate change was also a strong theme of the discussion.

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Event: Training Course on Climate Change Impacts and Mitigation Efforts in the Transportation Sector [viewed]

This training course will enable senior policymakers to share knowledge about the status, projections, innovations, technological advancements and available policy tools relevant to climate change mitigation in the transportation sector. The event, organized by the Asian Development Bank Institute (ADBI), from 23-25 September 2014, at Hiroshima University, Japan, will include learning and technical sessions, and a field visit. Participants, from the transport, infrastructure and environment ministries of selected developing Asian countries, will, inter alia: gain up-to-date knowledge on the climate change impacts of the transportation sector; understand available, mode-specific mitigation policy and technology options; and hold discussions on among policymakers involved in transportation and environment policy implementation.  

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Resilient Cities Acceleration Initiative Launched at UN Climate Summit [viewed]

climate-summit-201425 September 2014: During the UN Climate Summit, commitments were made to: raise US$2 billion for cities at risk from extreme weather events due to climate change; help 500 local governments develop resilience action plans by 2020; and double the number of cities and partners committed to building resilience by the end of 2015.

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World Bank Identifies Clean-Tech Market Opportunities for SMEs [viewed]

world-bank-group24 September 2014: The World Bank Group has released a report, titled ‘Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries,' which quantifies opportunities for small and medium-sized enterprises (SMEs) in developing countries to generate profits and create jobs, while providing solutions to climate challenges.

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AfDB to Enhance Climate Finance Access [viewed]

AfDB23 September 2014: On the eve of the UN Climate Summit, the African Development Bank (AfDB) participated in high-level meetings on financing opportunities for a climate-smart Africa, including the Clim-Dev Africa Special Fund (CDSF) and the Sustainable Energy for All (SE4ALL) Initiative.

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EBRD, CIF, GEF to Accelerate Climate Investments [viewed]

ebrd-cif-gef24 September 2014: The European Bank for Reconstruction and Development (EBRD) is financing clean energy projects through its own investments, as well as through partnering with the Climate Investment Funds (CIF) and the Global Environment Facility (GEF). These funds aim to scale up climate finance by providing concessional funding and enhancing knowledge sharing and advisory support, which has increased commercial financing for sustainable energy investments.

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IMF Analyzes Co-Benefits of Carbon Pricing [viewed]

IMFSeptember 2014: The International Monetary Fund (IMF) has released a working paper, titled ‘How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits.' The paper assesses, for the top 20 emitting countries, the degree to which carbon pricing is in countries' national interests by analyzing domestic co-benefits before even considering climate benefits.

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Global Alliance for Climate-Smart Agriculture Launched [viewed]

climate-summit-201424 September 2014: A coalition formed by 14 governments and 32 organizations will aim to enable 500 million farmers around the world to practice climate-smart agriculture. The ‘Global Alliance for Climate-Smart Agriculture' was launched during the Climate Summit, on 23 September, and the Alliance held its first meeting on 24 September in New York, US.

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EBRD, BNEF Hold Forum on Sustainable Energy Finance [viewed]

erdb-bloomber-energy22 September 2014: Leaders from the climate finance community gathered at a forum hosted by the European Bank for Reconstruction and Development (EBRD), Bloomberg New Energy Finance (BNEF) and Finance for Resilience (FiRe) to accelerate sustainable energy finance by US$5 billion over a three-year period.

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GEF Launches Sustainable Cities Program [viewed]

GEF23 September 2014: The Global Environment Facility (GEF) launched an Integrated Program on Sustainable Cities in the context of the UN Climate Summit, which took place on 23 September 2014. The program will establish a common platform for cities to access and share solutions on climate change adaptation and mitigation, energy, transport and water.

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