Regional Development Bank

Event: CIF Trust Fund Committee and Sub-Committee Meetings [viewed]

The Climate Investment Funds (CIF) Committee will meet to approve new projects and review implementation of the CIF.  

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World Bank Supports Armenia's Renewable Energy Programme [viewed]

World Bank19 July 2011: The World Bank is supporting Armenia in diversifying its energy matrix towards renewable sources, providing financing for small hydropower projects that also benefit from national incentives to supply renewable energy to the national grid.

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EBRD and IFC Support Renewable Energy Projects in Romania [viewed]

12 July 2011: In partnership with the International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD) is supporting Romania's efforts to increase its renewable energy projects, by financing the operation of  a wind farm and investing in the modernization of the country's oldest hydropower plant.

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EIB Provides Financing Package for Smart Growth in Turkey [viewed]

4 July 2011: The European Investment Bank (EIB) has announced increased support for smart growth in Turkey with a EUR 445 million financing package for climate change and entrepreneurship, in support of the country's rail infrastructure, forest resources management, and small and medium enterprises (SMEs).

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Event: International Carbon Capture and Storage Conference [viewed]

This Conference will asses the global status of Carbon Capture and Storage (CCS) development and ongoing challenges and opportunities and discuss how to promote CCS projects in developing countries. It will also address key challenges and barriers, as well as capture experiences and lessons learned from large-scale CCS projects. Rajendra Pachauri will be the keynote speaker. There will be other distinguished speakers from NDRC, IEA, Global CCS Institute, ADB, and World Bank.  

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AfDB, Denmark Establish Sustainable Energy Fund for Africa [viewed]

15 July 2011: The African Development Bank (AfDB) and the Government of Denmark have entered into a technical cooperation agreement to establish a sustainable energy fund for Africa (SEFA). With a budget of US$57 million, the SEFA's objective is to provide technical capacity building and capital for investment to support sustainable energy provision for small and medium enterprises (SMEs) in Africa over a five-year period.

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IDB Finances Wind Power Farms in the Dominican Republic [viewed]

IDB13 July 2011: The Inter-American Development Bank (IDB) is promoting wind power energy in the Dominican Republic, through loans for a total of US$78.3 million for the construction of two wind farms that will add 80.6 megawatts to, and diversify, the national energy matrix.

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ADB Supports Biomass Waste Project for Clean Energy [viewed]

11 July 2011: The Asian Development Bank (ADB) Board of Directors has approved a project for regional technical assistance that will assist the Greater Mekong Subregion to increase the efficient use of biomass waste in agriculture to meet the need for clean energy and food security of poor rural communities.

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Africa Carbon Forum: Opportunities for Carbon Offset Projects in Africa are Increasing [viewed]

6 July 2011: The 2011 Africa Carbon Forum, a regional trade fair and knowledge sharing platform for carbon investments, has ended with experts highlighting the increasing opportunities for carbon offset projects in the region, including Clean Development Mechanism (CDM) projects and voluntary projects.

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IDB to Administer GEF Geothermal Project in Colombia [viewed]

5 July 2011: The Inter-American Development Bank (IDB) will administer a US$2.7 million grant from the Global Environment Facility (GEF) to assist the Colombian Government in developing a regulatory framework to foster the use of non-conventional renewable energy, by establishing incentives and removing barriers to investments in geothermal power projects.

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