Regional Development Bank

EBRD and GGRF to Combat Gas Flaring in the Russian Federation and Central Asia [viewed]

8 November 2011: The European Bank for Reconstruction and Development (EBRD) and the World Bank-led Global Gas Flaring Reduction partnership (GGFR) will help governments in Azerbaijan, Kazakhstan, the Russian Federation and Turkmenistan introduce energy efficiency measures and environmental standards in oil and gas operations.

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CIF Meeting Approves Support to Eight Countries to Address Climate Change [viewed]

4 November 2011: The Climate Investment Funds (CIF) approved US$1.08 billion in near-zero-interest loans and grants to support Bolivia, Honduras, India, Jamaica, Lao PDR, Mali, Mexico and Nepal in their efforts to mitigate and adapt to climate change.

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ADB Supports New Green Businesses in Coral Triangle Communities [viewed]

ADB3 November 2011: The Asian Development Bank (ADB) will assist coastal communities in remote areas of the Coral Triangle of Indonesia and the Philippines in starting small, green businesses that will help preserve threatened marine environments in the area.

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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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