International Financial Institution

AfDB, World Bank Partner to Improve Hydromet Services in Africa [viewed]

AfDB27 November 2014: The African Development Bank (AfDB) and the World Bank held a seminar on improving Africa's hydrological and meteorological systems in order to capture weather and climate data and disseminate information to assist in development planning. Discussions emphasized the critical role of hydrometeorological services in providing information to support economic development and build resilience in many sectors in Africa, including disaster risk reduction and management, water, agriculture, transport, energy, public health and aviation safety and security.

read more »

UNFCCC Publishes Addendum to GEF Report to COP 20 [viewed]

UNFCCC25 November 2014: The UNFCCC Secretariat has released an addendum to the report of the Global Environment Facility (GEF) to the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, containing information on consultations between the GEF and the Climate Technology Center and Network (CTCN). The report discusses a workshop that was co-organized by the GEF Secretariat and the CTCN, during which participants considered, inter alia, joint efforts and cooperation to accelerate climate-related technology transfer.

read more »

November 2014 Climate Finance Update [viewed]

adb-eib-idb-wb-ifad-unidoNovember 2014: During November 2014, the African Development Bank (AfDB), the International Fund for Agricultural Development (IFAD), the UN Industrial Development Organization (UNIDO) and the World Bank reported on project approvals and progress in ongoing projects in Africa and Asia. AfDB, the Asian Development Bank (ADB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB) and the World Bank launched publications on, inter alia, climate adaptation technologies, urban climate resilience and climate finance.

read more »

World Bank Report: 'New Climate Normal' Severe Risk to Development [viewed]

World Bank23 November 2014: Warming nearing 1.5°C above pre-industrial levels “is already locked into the Earth's atmospheric system by past and predicted greenhouse gas (GHG) emissions,” according to the third installment in the World Bank's ‘Turn Down the Heat' series. ‘Turn Down the Heat: Confronting the New Climate Normal' examines the risks increased climate change poses to development across Latin America and the Caribbean, Eastern Europe and Central Asia and the Middle East and North Africa.

read more »

DRC Forum on Renewable Energy Prepares to Develop SE4ALL Action Plan [viewed]

congo-se4all21 November 2014: The First Forum on Renewable Energy (FoDER) brought together over 150 participants in Kinshasa, Democratic Republic of Congo (DRC), to learn about renewable energy's potential in the country and attract private investors to the sector. The DRC is preparing to develop a Sustainable Energy for All (SE4ALL) Action Agenda and Investment Prospectus, with the support of the SE4ALL Africa Hub.

read more »

FCPF Releases Chair's Summary of CF11 [viewed]

Forest CarbonNovember 2014: The Forest Carbon Partnership Facility (FCPF) has published the ‘Chair's Summary' of the eleventh meeting of the Carbon Fund (CF11). A key agenda item for CF11 was the review of Emission Reductions Program Idea Notes (ER-PINs) for potential selection into the Carbon Fund pipeline. The Chair notes that the review concluded by welcoming Guatemala and Peru into the FCPF pipeline.

read more »

GEF Reports on Collaboration with CTCN [viewed]

ctcn-gef26 November 2014: The UNFCCC Secretariat has released an addendum to the report of the Global Environment Facility (GEF) to the 20th session of the Conference of the Parties (COP 20). The document (FCCC/CP/2014/2/Add.1) details the GEF's consultations with the Advisory Board of the Climate Technology Centre and Network (CTCN) and progress under the Poznan Strategic Programme on Technology Transfer.

read more »

GEF Reports on Support to Non-Annex I Party NCs and BURs [viewed]

GEF UNFCCC25 November 2014: The UNFCCC Secretariat has published the status of Global Environment Facility (GEF) project activities related to non-Annex I parties' national communications (NCs) and biennial update reports (BURs), as provided by the GEF (FCCC/SBI/2014/INF.22). The information, which was requested by the Subsidiary Body for Implementation (SBI), includes the dates funding was approved and disbursed, and the approximate date of the NC or BUR submission.

read more »

CIF Governing Body Confirms Funds' Mandate [viewed]

CIF20 November 2014: The semi-annual Climate Investment Funds (CIF) governing body meetings concluded in a unanimous commitment to the CIF mandate in the future in order to ensure continuity of climate finance and action. The meeting also emphasized the need to maintain diversity of financing options, and complementarity and coherence of CIF with other sources of climate finance.

read more »

Samoa Launches Largest-Ever GEF LDC Fund Adaptation Project [viewed]

GEF UNDP7 November 2014: Samoa launched a US$12.3 million project on climate adaptation, the largest national project to be funded under the Least Development Countries Fund (LDCF) of the Global Environment Facility (GEF).

read more »