Regional Development Bank

AfDB Supports FIP REDD+ Project in Ghana [viewed]

CIF AFDB4 February 2014: The African Development Bank (AfDB) announced US$14.55 million funding for the Ghanaian project 'Engaging Local Communities in Reducing Emissions from Deforestation and Forest Degradation (REDD+) /Enhancement of Carbon Stocks,' which benefits from the support from the Climate Investment Funds' (CIF) Forest Investment Program (FIP).

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African Water Facility Supports Infrastructure Programme in Niger Basin [viewed]

AfricanWaterFacility3 February 2014: The African Water Facility (AWF) has granted €960,000 to the Executive Secretary of the Niger Basin Authority (NBA) in support of a programme for the preparation of infrastructure projects aimed at reducing natural resources depletion caused by climate change, and improving their management in order to increase agricultural production and community resilience.

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January 2014 Climate Finance Update [viewed]

worldbank-afdb-ebrd-gefJanuary 2014: During the month of January, the World Bank, the Global Environment Facility (GEF) and a number of regional development banks have approved funding for climate-related projects, or have forwarded climate project proposals for review. The projects address, inter alia: climate innovation in the Caribbean; climate-friendly agriculture; meteorological services; adaptation of small-scale agriculture; clean bus leasing; livelihood diversification; and renewable energy.

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Pacific Pilot Programme for Climate Resilience Gets Underway [viewed]

CIF24 January 2014: The first meeting for the three-year multi-million dollar Pacific Pilot Programme for Climate Resilience (PPCR) brought together donors, partners and representatives of Pacific island countries to discuss planning and implementation as the project gets underway.

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January 2014 Water Finance Update [viewed]

World Bank AFDB21 January 2014: The World Bank, the Global Environment Facility (GEF) and the African Development Bank (AfDB) made a number of investments in the water and sanitation sector in January 2014, including in Albania, Bangladesh, Ghana, India, Madagascar, the Russian Federation, Togo and Viet Nam, for projects aimed at improving basic urban services, providing rural access to water supply and sanitation, expanding hydromet systems to monitor hydrological information, and improve the climate resilience of irrigated agriculture and water supply and sanitation services, among others.

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EIB, Masdar to Fast-Track Clean Energy Investment [viewed]

masdar-eib20 January 2014: The European Investment Bank (EIB) and Masdar, Abu Dhabi's renewable energy company, have signed a framework agreement to support joint investment opportunities for developing and financing clean energy projects in North Africa and the Middle East.

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Event: WCRP Conference for Latin America and the Caribbean: Developing, Linking and Applying Climate Knowledge [viewed]

This conference is being co-organized by the World Climate Research Programme (WCRP), the UN Educational, Scientific and Cultural Organization (UNESCO), the Inter-American Development Bank (IDB), the Inter-American Institute (IAI), Argentina's Center for Research on Oceans and Atmosphere, and Uruguay's University of the Republic. The WCRP Conference for Latin America and the Caribbean (LAC) aims to identify gaps and ways to overcome limitations in the chain of knowledge from basic to applied climate science to informing policy and decisions that are particularly relevant for LAC.  

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ADB Increases Financing of Environmental Sustainability Projects [viewed]

ADB24 December 2013: The Asian Development Bank (ADB) has increased its level of investment in development projects in the region, including investment in clean energy projects.

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EIB's Climate Awareness Bond Increases to €1.5 Billion [viewed]

Eib14 January 2014: The European Investment Bank (EIB) had its first transaction of 2014 in the European green bond market, a €350 million Climate Awareness Bond (CAB) increase. Due 15 November 2019, the CAB is now worth a record €1.5 billion, the largest climate-themed bond in any currency.

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CARICOM Chair Vows to Make Climate Change Adaptation a Priority Focus [viewed]

CARICOM9 September 2014: The new Chairman of the 15-member Caribbean Community (CARICOM) pledged to use his six-month term to address the effects of climate change on CARICOM member countries.

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