International Financial Institution

World Oceans Day Celebrated Globally [viewed]

World Oceans Day8 June 2014: The UN commemorated World Oceans Day on 8 June 2014, under the theme, 'Together we have the power to protect the ocean!' The Day also lent special attention to the designation of 2014 as the International Year of Small Island Developing States (SIDS) and fell on the 20th anniversary of the entry into force of the UN Convention on the Law of the Sea (UNCLOS).

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ADB Study Helps GMS Governments Plan for Climate Change [viewed]

ADBMay 2014: The Asian Development Bank (ADB) released the results of its research on the climate vulnerability of rural communities in three biodiversity conservation corridors in countries of the Greater Mekong Subregion (GMS) -  Thailand, Lao People's Democratic Republic (Lao PDR) and Viet Nam. The study aimed to develop a framework for translating climate projections into adaptation options that can inform community-level planning.

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Event: Tenth Meeting of the Carbon Fund (CF10) [viewed]

The Forest Carbon Partnership Facility (FCPF) will consider Emission Reductions Program Idea Notes (ER-PIN) from Cambodia, Chile, Colombia, Guatemala, Indonesia, Madagascar, Mozambique, Peru, Republic of Congo and Viet Nam at the tenth meeting of the Carbon Fund. The meeting will also consider the Emission Reductions Program Document (ER-PD) template as well as the emission reductions buffer maintained by the FCPF.  

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CARBON EXPO 2014 Highlights Domestic Actions, Need for Global Carbon Price [viewed]

Carbon Expo 200930 May 2014: CARBON EXPO 2014 brought together approximately 200 speakers and more than 1,700 participants from around 70 countries to analyze current carbon market trends, promote green technology solutions and strategize on three themes: policy and markets, climate finance and sustainable energy.

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GEF Assembly Discusses Facility's Next Four Years [viewed]

Captura de pantalla 2014-06-01 a la(s) 18.36.3329 May 2014: The fifth meeting of the Global Environment Facility (GEF) Assembly, which convened from 28-29 May, in Cancun, Mexico, highlighted and discussed the GEF2020 Strategy along with the mission and vision guiding the GEF going forward. 

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World Bank Report Highlights Growing Momentum to Price Carbon [viewed]

World Bank28 May 2014: The World Bank and Ecofys have released a report, titled ‘State and Trends of Carbon Pricing 2014,' which states that momentum for carbon-pricing initiatives is building and initiatives such as emission trading schemes (ETS) and carbon taxes have increased significantly over the past year. 

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ADB Outlines Adaptation Options for Water Management in Aral Sea Basin [viewed]

ADBMay 2014: The Asian Development Bank (ADB) has released a working paper outlining adaptation options in water management in Central Asia, based on an assessment of the impacts of climate change on the hydrology of the Aral Sea Basin.

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May 2014 Water Finance Update [viewed]

ebrd-worldbank-adb-gef-eib-afdbMay 2014: During May, international and regional financial institutions, including the World Bank, the Global Environment Facility (GEF), the African Development Bank (AfDB), the Asian Development Bank (ADB), the Inter-American Development Bank (IDB) and the European Bank for Reconstruction and Development (EBRD), undertook a variety of actions related to water resources, including presenting the results of existing projects, participating in regional conferences and approving new loans. Projects this month addressed issues including transboundary water cooperation, water supply and sanitation, hydroelectric generation, disaster risk reduction (DRR) and ecosystem service conservation, among others.

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GEF Council Considers 2020 Strategy, GEF-6 [viewed]

gefcouncilmeeting27 May 2014: The 46th meeting of the Global Environment Facility (GEF) Council convened immediately prior to the 5th meeting of the GEF Assembly. The Council considered, inter alia, the long term strategy for the GEF, co-financing policy, the GEF-5 Work Program, and the Work program and budget of the GEF Independent Evaluation office. Agenda items specific to the sixth replenishment period of the GEF Trust Fund (GEF-6) included a proposal for the System of Transparent Allocation of Resources (STAR) for GEF-6, implementation arrangements for the GEF Small Grants Programme, and a summary of the negotiations of the Sixth Replenishment of the GEF Trust Fund.

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STAP Advises GEF Assembly on Environmentally Sustainable Development [viewed]

GEF STAP24 May 2014: The Scientific and Technical Advisory Panel (STAP) of the Global Environment Facility (GEF) has released a report to the 5th meeting of the GEF Assembly, providing recommendations for advancing environmentally sustainable development under the sixth GEF replenishment (GEF-6). The report, titled ‘Delivering Global Environmental Benefits for Sustainable Development,' also reviews the expansion of the Advisory Panel's roles and responsibilities, and its contributions in GEF-5.

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