International Financial Institution

FCPF Carbon Fund Thirteenth Meeting Selects Seven ER-PINs [viewed]

Forest Carbon21 October 2015: Held from 13-16 October 2015 in Brussels, Belgium, the 13th meeting of the Carbon Fund, organized under the World Bank's Forest Carbon Partnership Facility (FCPF), approved seven Emission Reductions Program Idea Notes (ER-PINs) for potential selection into the Carbon Fund pipeline.

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Niger Basin Countries Adopt Climate Resilience Investment Plan [viewed]

wb_bassinniger27 October 2015: The countries of the Niger Basin have jointly developed a Climate Resilience Investment Plan (CRIP) that outlines 246 priority actions for building climate resilience. The nine member States of the Niger Basin Authority (NBA), Benin, Burkina Faso, Cameroon, Chad, Côte d'Ivoire, Guinea, Mali, Niger and Nigeria, collaborated on the Plan and pledged to advocate for technical and financial support to implement its priority actions.

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October 2015 Climate Finance Update [viewed]

adb_afdb_eib_ebdr_idb_cbd_wb_gcf_pmr_af_ifad_unepdtu_unfccc_un2 November 2015: During the month of October, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the World Bank, the Green Climate Fund (GCF), the Adaptation Fund and others reported on funding, project news and other climate-related finance developments. Multilateral development banks, environmental funds and UN entities also released studies, newsletters and reports on, inter alia, food security, access to finance, green bonds, black carbon and private sector climate finance.

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Event: CGIAR Seminar: How Can Agriculture Help Achieve the 2-Degree Target? [viewed]

Co-organized by the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) and the World Bank, this seminar will address the efforts necessary to achieve a net contribution to emissions reductions from the agricultural sector. Experts from international agricultural research centers and other international organizations will discuss: how agriculture can help achieve the 2°C climate change limit; delivering a transformed food sector; and considerations for achieving a mitigation target for agriculture.  

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GEF Council Reappoints CEO Naoko Ishii for Second Term [viewed]

naoko_ishii23 October 2015: The 49th meeting of the Global Environment Facility (GEF) Council approved a work program amounting to US$254.99 million. The work program comprises 17 project concepts and two programmatic approaches, focusing mainly on climate change and sustainable ecosystem management in the Amazon. In addition, GEF Chief Executive Officer (CEO) and Chairperson Naoko Ishii was appointed for a second four-year term.

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Adaptation Fund, AfDB Supporting Climate Finance Readiness [viewed]

Adaptation Fund23 October 2015: The Adaptation Fund and the African Development Bank Group (AfDB), through its Africa Climate Change Fund (ACCF), are supporting initiatives to build the capacity of African countries to attract financing for and implement projects for climate change adaptation.

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LAC Regional Workshop Discusses Sustainable Transport and Climate Mitigation [viewed]

leds_slocat20 October 2015: A webcast regional workshop, sponsored by the Partnership on Sustainable Low Carbon Transport (SLoCaT) and several other partners, discussed prospects in Latin America for sustainable transport actions to mitigate climate change. The workshop was held on 13 October 2015, in Punta Cana, Dominican Republic, and was webcast to 75 participants in 15 Latin American countries by Finanzas Carbono.

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GEF Council Approves Regional Programme to Protect Amazon [viewed]

GEF21 October 2015: The Global Environment Facility (GEF) Council has approved a “first-of-its-kind” multi-million dollar project to help protect over 80% of the Amazon and combat climate change. GEF says it will commit US$113 million for the Amazon Sustainable Landscapes Program, a regional programme covering Brazil, Colombia and Peru, which is expected to leverage US$682 million in additional financing over five years.

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Africa MDG Report Reviews Progress, Looks Forward to SDGs [viewed]

UNECA28 September 2015: Despite challenging initial conditions, African countries have made progress on the Millennium Development Goals (MDGs), according to the 2015 edition of an Africa-focused MDG report. This year's report, titled ‘Assessing Progress in Africa Toward the Millennium Development Goals,' emphasizes that success in achieving the Sustainable Development Goals (SDGs) will depend on embracing the three dimensions of sustainability, and on “credible means of implementation,” including financing and renewed commitment.

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Event: FCPF Participants Assembly and Participants Committee Meeting [viewed]

Organized by the Forest Carbon Partnership Facility (FCPF), the twentieth meeting of the Participants Committee is expected to address the readiness package of Costa Rica and mid-term progress reports with requests for additional funding by Chile, Mozambique and Nepal. The eighth meeting of the Participants Assembly is expected to hear reports and address administrative and legal matters. A joint FCPF/UN-REDD Programme Knowledge Exchange Day is scheduled for 8 November.  

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