International Financial Institution

FIP Establishes Dedicated Fund for Indigenous Peoples and Local Communities [viewed]

wb_cif_ci31 March 2015: The World Bank has approved a climate investment mechanism to be implemented by indigenous peoples and local communities seeking to address deforestation and forest degradation.

read more »

Event: AfDB Annual Meetings 2015 [viewed]

During its Annual Meetings 2015, the African Development Bank (AfDB) will celebrate its 50th anniversary and elect its next president. The meetings will be held under the theme 'Africa and the New Global Landscape'. The agenda includes, inter alia: the launches of the African Economic Outlook (AEO 2015) and the Africa Ecological Futures Report; discussions on youth leaders, gender equality, Ebola, agribusiness, Africa's Power Challenge, local currency bond markets, stock exchanges, and water, sanitation and hygiene (WASH); high-level events on the anticipated global climate change agreement and financing Africa's development post-2015; and meetings of the Board of Governors.  

read more »

March 2015 Sustainable Energy Finance Update [viewed]

march_2015_sustainable_rnergyMarch 2015: Sustainable energy finance projects in Albania, Armenia, Chad, China, Georgia, Honduras, Latvia, Morocco, Poland, Romania, Ukraine and the EU were announced by the African Development Bank (AfDB), Asian Development Bank (ADB), Climate Investment Funds (CIF), European Bank for Reconstruction and Development (EBRD), European Commission, European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank during the month of March. In addition, the multilateral development banks (MDBs) and World Bank released publications related to sustainable energy finance, and EBRD and the World Bank hosted energy efficiency and renewable energy events.

read more »

March 2015 Climate Finance Update [viewed]

march_climate_finance_201531 March 2015: During the month of March 2015, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Center for International Forestry Research (CIFOR), the European Investment Bank (EIB), the UN Development Programme (UNDP)/World Bank Climate Finance Options (CFO) platform and the World Bank reported on climate finance projects, mechanisms and developments. ADB, EIB, the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Climate Investment Funds (CIF), the UN Environment Programme Finance Initiative (UNEP-FI) and the World Bank released publications and organized events.

read more »

Technologies to Support MRV and Track Private Sector Deforestation Commitments [viewed]

cifor_profor_unep_wcmc1 April 2015: During March, the month that marked the celebration of the International Day of Forests, a number of significant forest-related research studies, tools and technologies were released.

read more »

Event: Climate Finance Day 2015 [viewed]

The European Investment Bank (EIB) and Caisse des Dépôts are organizing this event to give private financial operators an opportunity to reflect on "how to shift the trillions" of dollars needed toward the goal of limiting average global temperature rise to below 2°C. The banking and financial sector will share solutions for reducing financing for a high carbon economy, engage in debates on green investment, highlight successful policies that lower risks and open up opportunities, and showcase its commitment to combating climate change.  

read more »

Event: Scaling Up Finance for Climate Action: A Public-Private Dialogue [viewed]

This event will focus on what it will take to close the climate finance gap in the lead-up to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC. World Bank Group President Jim Yong Kim and European Investment Bank (EIB) President Werner Hoyer will lead the discussion with policy makers, international financial institutions (IFIs), civil society and the private sector, focusing on ways to deliver the funds needed to transition to a low-carbon, resilient economy. Other speakers will include Rachel Kyte, World Bank Group Vice President and Climate Change Special Envoy, and Pierre Moscovici, European Commissioner for Economic and Financial Affairs.  

read more »

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.

read more »

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.  

read more »

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.

read more »