International Financial Institution

Carbon Pricing Leadership Coalition Launched [viewed]

cpl30 November 2015: Governments, businesses and NGOs launched the Carbon Pricing Leadership Coalition on the sidelines of the Paris Climate Change Conference to support the expansion of effective carbon pricing, successful carbon pricing policy development and the use of carbon pricing in business.

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PROFOR Investigates How Forests Enhance Climate Resilience of Drinking Water Supply [viewed]

PROFOR24 November 2015: The Program on Forests (PROFOR) has issued a case study demonstrating how forest preservation and restoration can enhance the climate change resilience of drinking water supplies, focusing on Tegucigalpa, Honduras. Issued as a PROFOR Working Paper, the case study was produced in collaboration with the Tropical Agricultural Research and Higher Education Center (CATIE) and the Center for International Forestry Research (CIFOR) of the CIGAR Consortium.

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Donors Pledge US$248 Million to LDC Fund [viewed]

Global Environment Facility (GEF)30 November 2015: At the opening of the Paris Climate Change Conference, eleven donor countries made pledges totaling US$248 million to the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF) to continue financing actions to reduce vulnerability in Least Developed Countries (LDCs) and enable climate-resilient sustainable development and livelihoods.

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MDBs Issue Joint Statement on Increasing Climate Investments [viewed]

mdb30 November 2015: The heads of the multilateral development banks (MDBs) released a joint statement to work together to increase climate investments and to “consider climate change across our strategies, programs, and operations to deliver more sustainable results, with a particular focus on the poor and most vulnerable.” The MDBs released their statement on the sidelines of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC.

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Transformative Carbon Asset Facility to Provide Financial Incentives to Tackle Climate Change [viewed]

world_bank_new30 November 2015: Germany, Norway, Sweden and Switzerland announced a US$500 million initiative to help developing countries tackle climate change by transitioning to carbon-pricing mechanisms. The Transformative Carbon Asset Facility (TCAF) will help developing countries implement plans to cut greenhouse gas (GHG) emissions by providing them with results-based payments for large scale programs in areas such as renewable energy, energy efficiency, low carbon cities and solid waste management.

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November 2015 Climate Finance Update [viewed]

november_climate_financeNovember 2015: During the month of November, the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the Green Climate Fund (GCF) reported on new financing, collaborations and other climate finance news. Multilateral Development Banks (MDBs), climate funds and forestry research centers launched studies, think pieces and multimedia content on, inter alia, climate-related disasters, vulnerability in Africa, stranded assets, Adaptation Fund activities and REDD+.

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November 2015 Sustainable Energy Finance Update [viewed]

November 2015 Sustainable Energy1 December 2015: During the month of November, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the French Development Agency (AFD) and the Inter-American Development Bank (IDB), among others, announced sustainable energy project funding and initiatives. AfDB, IDB and Bloomberg New Energy Finance (BNEF) released reports on financing and deploying clean energy. A number of related events took place throughout the month.

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October-November 2015 NAMA Update [viewed]

nama_updateNovember 2015: This update provides information on individual nationally appropriate mitigation actions (NAMAs) by developing countries, including NAMAs seeking support for preparation and implementation, and related support, events and activities, for the period from October to November 2015.

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African Decision Makers Discuss Risk Management and Financing for Resilience [viewed]

ur20 November 2015: The first 'Understanding Risk and Finance Conference for Africa' provided a forum for African decision makers to discuss strategies and approaches to mitigate the socioeconomic, fiscal, and financial impacts of disasters, including those of climate change.

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GEF Reports on Developing Countries' NCs and BURs Activities [viewed]

UNFCCC6 November 2015: The UNFCCC Secretariat has published the 'Information provided by the Global Environment Facility (GEF) on its activities relating to the preparation of national communications and biennial update reports' (FCCC/SBI/2015/INF.15).

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