International Financial Institution

MDBs Pledge to Enhance Climate Finance Action [viewed]

afd adb eb eib idb wb11 September 2014: In a joint statement issued in the run-up to the UN Secretary-General's Climate Summit, which is taking place on 23 September in New York, US, key multilateral development banks (MDBs) have affirmed their commitment to reinforce and further develop climate financing by maintaining a strong institutional focus on climate change. Since 2011, the six MDBs behind the statement have delivered close to US$75 billion in climate financing, of which approximately 20% has been in support of adaptation.

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Coffee Gene Sequencing Project Supports Climate Adaptation [viewed]

idb-fontagro11 September 2014: The complete sequence of the coffee genome has been released into the public domain in an attempt to accelerate plant variety selection in the face of climate change and to meet growers' specific needs. The genetic information of the Coffea arabica and Coffea eugenioides species, containing the location and characterization of more than 30,000 genes, was presented during the Conference of the Association for Science and Information on Coffee (ASIC), held 8-13 September in Armenia, Colombia.

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Latin American and Caribbean Forum Discusses Future of Carbon Markets [viewed]

Latinamericanforum5 September 2014: The eighth Latin American and Caribbean Carbon Forum (LACCF) brought together businesses, governments and other stakeholders to exchange information on the latest developments in emissions trading schemes (ETS), low-emission development and the future of the carbon markets. Participants addressed, inter alia: climate change adaptation and mitigation opportunities at multiple levels; and climate finance and policy options, including carbon pricing and the role of the public and private sectors in concerted climate action.

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ADB Highlights Wind and PV Potential in Developing Asia [viewed]

ADBAugust 2014: A total investment of US$2.3 trillion will be required for wind and solar photovoltaics (PV) to supply 10% of developing Asia's electricity in 2035, according to a report by the Asian Development Bank (ADB). The study, titled ‘Diversification of Energy Supply: Prospects for Emerging Energy Sources,' examines the status and future prospects of wind energy, PV and unconventional gas in the region.

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GEF CEO Announces Largest-Ever Financing for SIDS [viewed]

GEF4 September 2014: The Global Environment Facility (GEF) Chief Executive Officer (CEO) Naoko Ishii has announced US$256 million in funding for projects on biodiversity, chemicals and wastes, forests and capacity building. The announcement was made on the sidelines of the Third International Conference on Small Island Developing States (SIDS), during which the GEF also showcased its work with SIDS.

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Event: Eleventh Meeting of the Carbon Fund (CF11) [viewed]

The Forest Carbon Partnership Facility (FCPF) will organize the 11th Meeting of its Carbon Fund (CF11) in Washington, DC, US. This meeting is open to Carbon Fund Participants only and registration is required prior to 15 September 2014.  

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August 2014 Climate Finance Update [viewed]

idb-adb-wb-cif5 September 2014: During the month of August 2014, the Asian Development Bank (ADB), the Inter-American Development Bank (IDB), and the World Bank reported on various climate finance projects. The Climate Investment Funds (CIF) announced a publication on the ADB's climate finance projects in the Asia-Pacific, and the World Bank highlighted its climate and disaster risk screening policies.

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Biodiversity, Forests and Oceans Showcased at SIDS International Conference [viewed]

sids4sep4 September 2014: Oceans, fisheries, the blue economy and forests featured in a number of events held and publications launched on the occasion of the Third International Conference on Small Island Developing States (SIDS).

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UNFCCC Releases GEF Report to COP 20 [viewed]

GEF UNFCCC2 September 2014: The UNFCCC Secretariat has released the report of the Global Environment Facility (GEF) to the 20th session of the Conference of the Parties (COP 20) to the UNFCCC. The report will form the basis for the COP to communicate to the GEF Council any policy guidance approved by UNFCCC parties concerning the financial mechanism.

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SIDS Conference Continues Partnership Announcements, Discussing Energy, Oceans and Biodiversity [viewed]

sidsd4sep3 September 2014: The Third International Conference on Small Island Developing States (SIDS) continued plenary discussions, which featured statements and announcements of commitments and partnerships. Two multi-stakeholder partnership dialogues took place on: sustainable energy; and oceans, seas and biodiversity. Numerous side events took place through the day and into the evening, including several focused on renewable energy.

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