Regional Development Bank

ADB Invests in Hydro and Wind Power in India [viewed]

ADB1 May 2013: The Asian Development Bank (ADB) made a US$30 million equity investment in NSL Renewable Power Private Ltd. (NRPPL) for the construction of hydropower and wind power projects designed to generate 530 gigawatt-hours of electricity in India. The projects are expected to decrease carbon dioxide emissions by 400,000 tons per annum after 2017.

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CIF Increases Support to Solar Energy, Establishes Index of the Business Environment for Energy [viewed]

cif_logo6 May 2013: During their 2013 annual meeting, the Trust Fund Committees and Sub-Committees of the Climate Investment Funds (CIF) approved five revised Investment Plans for the Clean Technology Fund (CTF), and established a global index of the business environment for energy aiming to improve opportunities for investments in renewable energy, energy efficiency and energy access under the Program for Scaling Up Renewable Energy in Low Income Countries (SREP).

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EIB Improves Water Security and Sanitation in Seychelles [viewed]

Eib 226 April 2013: The UN Development Programme (UNDP) and World Bank highlighted a case study on financing water and sanitation in Seychelles, funded through debt financing by the European Investment Bank (EIB) and the Agence Française de Développement (AFD), as well as grants from the European Development Fund and the African Water Facility (AWF).

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CIF Calls for Proposals that Involve the Private Sector in REDD+ and Climate Resilience [viewed]

cif_logoApril 2013: The Climate Investment Funds (CIF) is calling for proposals to enhance the involvement of the private sector under the Pilot Program for Climate Resilience (PPCR) and the Forest Investment Program (FIP).

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Report Estimates LAC Needs for Climate Change Adaptation and Mitigation [viewed]

eclac-idb22 April 2013: A report published jointly by the Inter-American Development Bank (IDB), the UN Economic Commission for Latin America and the Caribbean (ECLAC) and the World Wildlife Fund (WWF) estimates that Latin America and the Caribbean (LAC) will require US$17-27 billion to adapt to the unavoidable physical impacts of climate change projected for the region, and about US$100 billion annually in mitigation investments to meet the global climate stabilization goal.

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UK DEFRA Grant Promotes Low-Carbon Agriculture and Poverty Reduction in Brazil [viewed]

defra-idb5 April 2013: The Inter-American Development Bank (IDB) will be administering a $39.2 million grant from the UK's Department for Environment, Food and Rural Affairs (DEFRA) to support the adoption of sustainable farming methods in Brazil.

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SREP Calls for Proposals that Engage the Private Sector in Low Carbon Investment [viewed]

Climate Investment Funds19 April 2013: The Program for Scaling Up Renewable Energy in Low Income Countries (SREP) of the Climate Investment Funds (CIF) is calling for proposals from Multilateral Development Banks (MDBs) and pilot countries to initiate the development of concept proposals for programmes and projects to engage the private sector in the expansion of renewable energy and energy access.

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MIF, NDF Launch “PROADAPT” to Build Climate Resilience in LAC [viewed]

15 April 2013: The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, and the Nordic Development Fund (NDF) announced the launch of a US$11.9 million regional facility, PROADAPT, which will support micro, small and medium enterprises (MSMEs) in Latin American and the Caribbean (LAC) to build climate resilience and access green business opportunities.

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IDB Approves US$50 Million Energy Efficiency Finance Facility [viewed]

IDB15 April 2013: The Inter-American Development Bank (IDB) approved US$50 million for the launch of the Energy Efficiency Finance Facility, which aims to finance companies investing in energy efficiency and self-supply renewable energy projects in Latin America and the Caribbean (LAC), by helping them to overcome financial barriers with small-scale loans to curb emissions.

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ADB's Development Outlook Outlines Asia's Energy Challenges [viewed]

ADB9 April 2013: The annual economic outlook report of the Asian Development Bank (ADB) focuses on rising energy demand in Asia, recommending actions to adopt new energy sources and create integrated regional energy markets in order to protect economic growth and curb carbon emissions.

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