Regional Development Bank

CIF Releases Semi-annual Report on FIP [viewed]

CIF19 November 2014: The Climate Investment Funds (CIF) has released its semi-annual operational report on the Forest Investment Program (FIP) highlighting the completion of the programming process in eight countries and announcing that US$595 million has been pledged by FIP.

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COP 20 Event Discusses Renewable Energy Development in Latin America [viewed]

limacop205 December 2014: Participants considered ways to maintain the momentum of renewable energy development at an event held on the margins of the Lima Climate Change Conference. The event, 'Renewables Globally and in Latin America: Opportunities and Challenges,' highlighted that the Latin American region is at the forefront of managing renewable energy development, as it currently maintains three times the global average share of renewable energy in its energy mix.

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ADB Launches Service to Connect Clean Technology Buyers and Sellers [viewed]

ADB4 December 2014: The Asian Development Bank (ADB) has announced a "first-of-its-kind" service that will link low-carbon technology sellers with interested buyers in the Asian region. In its pilot phase, the 'IPEx Cleantech Asia' marketplace is expected to broker transactions worth approximately US$2-5 million, focusing on clean energy and energy efficiency technologies.

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IDB Highlights Climate Change Initiatives in Latin America [viewed]

limacop204 December 2014: The Inter-American Development Bank (IDB) convened the event 'Climate Change in Latin America and the Caribbean: Successes and Challenges' on the sidelines of the Lima Climate Change Conference. The side event highlighted successful adaptation and mitigation investment initiatives undertaken by IDB in Latin American countries.

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AfDB, World Bank Partner to Improve Hydromet Services in Africa [viewed]

AfDB27 November 2014: The African Development Bank (AfDB) and the World Bank held a seminar on improving Africa's hydrological and meteorological systems in order to capture weather and climate data and disseminate information to assist in development planning. Discussions emphasized the critical role of hydrometeorological services in providing information to support economic development and build resilience in many sectors in Africa, including disaster risk reduction and management, water, agriculture, transport, energy, public health and aviation safety and security.

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November 2014 Climate Finance Update [viewed]

adb-eib-idb-wb-ifad-unidoNovember 2014: During November 2014, the African Development Bank (AfDB), the International Fund for Agricultural Development (IFAD), the UN Industrial Development Organization (UNIDO) and the World Bank reported on project approvals and progress in ongoing projects in Africa and Asia. AfDB, the Asian Development Bank (ADB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB) and the World Bank launched publications on, inter alia, climate adaptation technologies, urban climate resilience and climate finance.

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DRC Forum on Renewable Energy Prepares to Develop SE4ALL Action Plan [viewed]

congo-se4all21 November 2014: The First Forum on Renewable Energy (FoDER) brought together over 150 participants in Kinshasa, Democratic Republic of Congo (DRC), to learn about renewable energy's potential in the country and attract private investors to the sector. The DRC is preparing to develop a Sustainable Energy for All (SE4ALL) Action Agenda and Investment Prospectus, with the support of the SE4ALL Africa Hub.

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CIF Governing Body Confirms Funds' Mandate [viewed]

CIF20 November 2014: The semi-annual Climate Investment Funds (CIF) governing body meetings concluded in a unanimous commitment to the CIF mandate in the future in order to ensure continuity of climate finance and action. The meeting also emphasized the need to maintain diversity of financing options, and complementarity and coherence of CIF with other sources of climate finance.

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October 2014 Sustainable Energy Finance Update [viewed]

energy-financeOctober 2014: During the month of October, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), Inter-American Development Bank (IDB), the World Bank and other donors undertook activities and approved funding for sustainable energy projects in, among other countries, Albania, Austria, Azerbaijan, Comoros, Guyana, Kenya, the Maldives, Mali, Moldova, Morocco, the Netherlands, Romania, Ukraine, Uruguay, Turkey, and Viet Nam.

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CIF Reports on GHG Analysis and Harmonization by MDBs [viewed]

CIF30 October 2014: The Climate Investment Funds (CIF) Administrative Unit has published an information document on work by multilateral development banks (MDBs) in greenhouse gas (GHG) analysis and harmonization of GHG estimation methodologies. The document is based on biennial reports by the MDBs on: current and planned work in GHG analysis; development and application of methodologies for estimating GHG emissions; and joint work to harmonize GHG estimation methodologies among the MDBs.

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