Regional Development Bank

GEF Council, LDCF and SCCF Approve Projects on Climate Change and Blue Carbon [viewed]

10 November 2011: The Global Environment Facility (GEF) Council, at its 41st Council Meeting, approved decisions on the administration of the GEF as well as a work programme of 40 stand-alone projects and nine programmatic approaches amounting to US$516.40 million, including several climate change and energy-related projects. Projects were also approved within the Special Climate Change Fund (SCCF) and Least Developed Countries Fund (LDCF).

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CAF Invests in Clean Energy Fund for Latin America [viewed]

4 November 2011: The Latin American Development Bank (CAF) has announced that it will make a US$10 million equity investment in the Latin America CleanTech Fund II.

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EBRD Joins Global Gas Flaring Reduction Partnership [viewed]

8 November 2011: The European Bank for Reconstruction and Development (EBRD) has joined the World Bank and partners in the Global Gas Flaring Reduction partnership (GGFR) to evaluate the reasons why governments in Azerbaijan, Kazakhstan, the Russian Federation and Turkmenistan are not utilizing associated gas.

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EIB Funds Climate Change Adaptation and Biogas Investments in the UK [viewed]

3 November 2011: The European Investment Bank (EIB) approved a GBP 400 million loan to the UK's United Utilities for climate change and energy efficient water management.

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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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