International Financial Institution

IDB Report Highlights Benefits of Green Market Guarantees [viewed]

IDBDecember 2014: The Inter-American Development Bank (IDB) has published a report highlighting the benefits of guarantees for green markets, including by responding to challenges of investing in low-carbon and climate-resilient technologies and activities in Latin America and the Caribbean (LAC). 'Guarantees for Green Markets: Potential and Challenges' underscores the important role that national development banks (NDBs) can play in structuring and funding credit-guarantee schemes for domestic markets, and their unique position and capacities to effectively design, implement and promote green market investments.

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Ethiopia Receives First ClimDev Africa Special Fund Grant [viewed]

AU UNECA AFDB15 December 2014: Ethiopia will receive US$1.1 million from the Climate for Development in Africa (Clim-Dev Africa) Special Fund (CDSF) to strengthen its climate information and early warning systems for climate resilient adaptation and development, making it the first African country to benefit from the CDSF.

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ECLAC, IDB, Peru Study the Economics of Climate Change in Peru [viewed]

eclac-idb10 December 2014: A joint study by the Peruvian Government, the Economic Commission for Latin America and the Caribbean (ECLAC) and the Inter-American Development Bank (IDB) predicts that the fishing, agriculture and livestock in the high Andes sectors will be the most affected by climate change in Peru in the coming years.

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World Bank Explores Climate Change-Poverty Relationship [viewed]

fao-worldbankNovember 2014: The World Bank Group has published a paper that explores the relationship between climate change and poverty by examining the impact of climate change on: poor people's livelihoods and wellbeing; the risk for non-poor people to fall into poverty; and the ability of poor people to escape poverty. The document, titled ‘Climate Change and Poverty: An Analytical Framework,' proposes four “channels” that determine household consumption and through which households may escape from or fall into poverty: prices, assets, productivity and opportunities.

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COP 20 Event Calls for Integrated Climate Risk Management [viewed]

limacop2011 December 2014: Investing now in disaster risk reduction (DRR) and resilience will pay off in the long-run, according to an event convened on the margins of the Lima Climate Change Conference. The event, titled 'Integrated Climate Risk Management (ICRM) for a Resilient World,' highlighted ICRM as an efficient and effective approach to reduce the risk of future losses and damages due to climate change.

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COP 20 Africa Day Highlights African Concerns at Climate Negotiations [viewed]

limacop2010 December 2014: Africa Day at the Lima Climate Change Conference provided a platform and opportunity to critically examine the implications of the post-2015 climate change agreement for the continent and how to enhance the involvement of women and youth in climate change adaptation. The day included a high-level event on 'Africa in a Post-2015 New Climate Change Agreement.'

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FCPF Releases 2014 Annual Report [viewed]

Forest CarbonDecember 2014: The Forest Carbon Partnership Facility (FCPF) has released its 2014 Annual Report, noting that there are now 47 FCPF Country Participants and highlighting the US$830 million raised by the Readiness Fund and Carbon Fund.

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GEF COP 20 Side Event Highlights Climate Action in Cities [viewed]

limacop2010 December 2014: Cities need to be at the heart of the transformation to a low-carbon economy, according to Naoko Ishii, Chief Executive Officer (CEO) of the Global Environment Facility (GEF). Speaking at an event on 'Sustainable Cities to Address Global Environmental Benefits,' she highlighted the rapid rate of urbanization globally and cities' contribution to energy-related greenhouse gas (GHG) emissions.

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FCPF Highlights Funding Commitments, Stakeholder Participation [viewed]

Forest Carbon11 December 2014: The Forest Carbon Partnership Facility (FCPF) has highlighted the full commitment of the FCPF US$465 million pipeline and the entry of Guatemala, Indonesia and Peru into the Fund.

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IETA, GEF Event Explores Financial Innovations for Low-Carbon Investments [viewed]

limacop209 December 2014: The International Emissions Trading Association (IETA) and the Global Environment Facility (GEF) organized a 'High-Level Dialogue on Public and Private Green Financial Innovations' on the sidelines of the Lima Climate Change Conference. The event brought together public and private sector leaders to discuss how to scale up innovative financial mechanisms for low-carbon investments.

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