28 October 2011: The Sixth African Economic Conference (AEC), convened under the theme of "Green Economy and Structural Transformation," closed with an endorsement from delegates for green growth and structural transformation of ec0nomies on the continent to ensue future economic growth and job creation.
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28 October 2011: The European Bank for Reconstruction and Development (EBRD) is providing Russia's NBD Bank with 280 million roubles in financing to lend on to small businesses interested in improving energy use practices. NBD is the second largest bank in Russia's Nizhny Novgorod region.
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The Climate Investment Funds (CIF) Scaling Up Renewable Energy Program (SREP) will hold a meeting of its pilot countries, to evaluate progress and discuss tasks ahead. Pilot countries taking part in SREP are: Ethiopia, Honduras, Kenya, Maldives, Mali and Nepal.
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27 October 2011: With increasing volatility due to climate change and price shocks, delegates to the Sixth African Economic Conference heard that investment in agriculture alongside stabilization and insurance schemes, including for small holder farmers, may be necessary to ensure domestic price stability.
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26 October 2011: The Climate Investment Funds (CIF) is inviting nominations for private sector observers for the Clean Technology Fund (CTF) as well as for the three Sub-Committees of the Strategic Climate Fund: the Forest Investment Program (FIP), the Pilot Program for Climate Resilience (PPCR), and the Scaling-up Renewable Energy Program (SREP).
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The Climate Investment Funds (CIF) Pilot Program on Climate Resilience (PPCR) will hold a meeting to review progress and tasks ahead in implementing PPCR. The pilot programs and projects implemented under the PPCR are country-led, build on National Adaptation Programs of Action (NAPA) and other relevant country studies and strategies, and include countries in Africa, Asia, Latin America, the Caribbean and the South Pacific.
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The Climate Investment Funds (CIF) Forest Investment Program (FIP) will hold a meeting of its pilot countries to evaluate progress and work ahead in reaching its objective of reducing deforestation and forest degradation (REDD) and promoting sustainable forest management (SFM). Pilot countries participating in FIP are: Brazil, Burkina Faso, Democratic Republic of Congo, Ghana, Indonesia, Laos, Mexico and Peru.
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October 2011: The Inter-American Development Bank (IDB) published a brief, authored by María Elena Gutierrez and Xavier Mommens, which highlights the potential for microfinance to support climate change adaptation, as well as the risks that climate change imposes on microfinance schemes.
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18 October 2011: The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, has partnered with the Nordic Development Fund to launch a US$7 million programme to fund pilot microfinance activities for mitigation and adaptation to climate change in Latin America and the Caribbean.
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13 October 2011: The Caribbean Development Bank's (CDB) Board of Directors approved, on 13 October 2011, a US$470,000 grant to the Caribbean Community Climate Change Centre (CCCCC) to help it coordinate the Caribbean Community's (CARICOM) climate change strategy and implementation plan.
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