Regional Development Bank

ADB Supports Cambodia's Floods Recovery [viewed]

ADB3 November 2011: The Asian Development Bank (ADB) is providing emergency humanitarian assistance of $3 million to the Cambodian Government for recovery efforts from recent floods. The grant from the Asia Pacific Disaster Response Fund will be used to supply rice seed to rural households, along with food and cash-for-work schemes for the repair of flood-damaged roads and support for temporary repairs to irrigation canals.

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ADB Funding Hydropower Plant in Lao PDR [viewed]

ADB3 November 2011: The Asian Development Bank (ADB) will provide approximately US$465 million to support the construction of a 440-megawatt hydropower plant in northern Lao PDR, which will generate an estimated 2,072 gigawatt hours of energy annually for export to neighboring Thailand.

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African Economic Conference Endorses Green Growth for Future Prosperity [viewed]

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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EBRD Lends to Russian Bank to Promote Energy Efficiency [viewed]

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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Event: CIF SREP Pilot Countries Meeting [viewed]

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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African Economic Conference Calls for Climate Insurance for Farmers [viewed]

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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CIF Trust Fund Invites Private Sector Observer Nominations [viewed]

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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Event: CIF PPCR Pilot Countries Meeting [viewed]

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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Event: CIF FIP Pilot Countries Meeting [viewed]

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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IDB Paper Highlights Microfinance Potential to Support Climate Change Adaptation [viewed]

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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