International Financial Institution

GCF Board Accredits Seven Entities, Adopts Investment Framework [viewed]

green-climate-fund-new26 March 2015: At its ninth meeting, the Green Climate Fund (GCF) Board took a number of necessary steps toward its goal of approving funding for the first projects and programmes in October 2015. It agreed to accredit seven organizations, opening the door for them to begin developing and submitting project and programme proposals. In addition, it agreed on an initial investment framework, which will guide entities in the development of their proposals and create a transparent process for evaluating them.

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Event: Green Bond Principles' First Annual General Meeting and Conference [viewed]

The Green Bond Principles (GBP) will convene its member and observer organizations for the first GBP Annual General Meeting (AGM), which will take place at the European Bank for Reconstruction and Development (EBRD) headquarters in London UK. Following the AGM, a conference open to members of the International Capital Market Association (ICMA) will provide an update on the GBP and information on developments in the green bond market. The GBP, launched in April 2014, establishes a set of voluntary process guidelines for issuing green bonds, and currently has close to 100 member and observer organizations. ICMA serves as the Secretariat to the GBP.  

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UN Urges Improved Water Governance and Action on World Water Day [viewed]

un-water22 March 2015: On World Water Day, UN leaders and others called for urgent cooperation to ensure access to safe drinking water and sanitation. The 2015 World Water Development Report (WWDR), which the UN Educational, Scientific and Cultural Organization (UNESCO) launched for the Day, recommends a dedicated Sustainable Development Goal (SDG) on water, which the report says would contribute to poverty alleviation and improvements in the environment, health and food and energy production.

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Event: Carbon Fund Twelfth Meeting (CF12) [viewed]

The Forest Carbon Partnership Facility (FCPF) will convene the 12th Carbon Fund Meeting in order to consider Emission Reduction Program Idea Notes (ER-PINs), agree upon funding decisions and portfolio management, and discuss links with other funding programs.  

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Event: FCPF 19th Participants Committee Meeting (PC19) [viewed]

The Forest Carbon Partnership Facility (FCPF) will convene the 19th Participants Committee Meeting in order to consider updates and reviews to FCPF processes and funding requests.  

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UNIDO, GEF, IIASA Project to Identify Sustainability Solutions [viewed]

logos_gef_unido_iiasa11 March 2015: The Global Environment Facility (GEF), the International Institute for Applied Systems Analysis (IIASA) and the UN Industrial Development Organization (UNIDO) announced the launch of Nexus Solutions for Sustainability, a project to identify integrated solutions to energy, water, food and ecosystem security.

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GFIA Focuses on Sustainable and Climate-Smart Agriculture [viewed]

gfia11 March 2015: To help meet the goal of increasing agricultural production while minimizing environmental damage, the 2nd Global Forum for Innovations in Agriculture (GFIA) met to showcase sustainable agriculture innovations and solutions. The forum featured, inter alia: a Global Climate-Smart Agriculture (CSA) Summit; a solutions conference on ‘Food Losses and Waste Initiative: From Prevention to Valorisation'; a two-day conference on ICT for Sustainable Agriculture; a session on ‘Edible Cities: Building Resilience with Urban Agriculture'; and an Innovations Programme, with sessions on agribusiness, water, mechanization, renewable energy and agroforestry.

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Third World Conference on Disaster Risk Reduction Opens in Sendai, Japan [viewed]

iisdrrs_coverage_wcdrr14 March 2015: The Third UN World Conference on Disaster Risk Reduction (WCDRR) is meeting in Sendai, Japan, from 14–18 March 2015, to review implementation of the Hyogo Framework for Action (HFA), discuss international cooperation on disaster risk reduction (DRR) and adopt a political declaration and a post-2015 DRR framework, which will guide disaster risk management (DRM) efforts for the next ten to 15 years, depending on the timeframe adopted by the Conference.

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Progress Report Shows MDBs on Target To Meet Sustainable Transport Investment Goals [viewed]

progress-mdb2 March 2015: The eight multilateral development banks (MDBs) are on target to reach their goal of investing US$ 175 billion in sustainable transport over the decade from 2012-2022, according to a report jointly published by the MDBs. The report emphasizes how the MDBs' sustainable transport investments are supporting climate-resilient, low-carbon growth in developing countries.

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February 2015 Sustainable Energy Finance Update [viewed]

feb_2015_energy_financeFebruary 2015: In February, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), Climate Investment Funds (CIF) of the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and the UN Department of Economic and Social Affairs (UN-DESA) announced funding for sustainable energy projects. Recipient countries include Belarus, Chile, Colombia, Ecuador, Germany, Honduras, India and the UK.

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