Regional Development Bank

IDB Finances Public Transport Infrastructure in Colombian Cities [viewed]

IDB15 September 2011: The Inter-American Development Bank (IDB) has approved US$320 million in loans to Colombia for the development of public transport system in four cities, focusing on improving public transport and shortening circulation times of public vehicles, thus cutting greenhouse gas (GHG) emissions, expected to benefit 800,000 passengers daily.

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Adaptation Fund Board Accredits New Implementing Entities [viewed]

Adaptation Fund16 September 2011: The Adaptation Fund Board (AFB) took a number of decisions at its 15th meeting, including a decision to increase the number of National Implementing Entities to six with the accreditation of the Protected Areas Conservation Trust (PACT) of Belize as a National Implementing Entity (NIE) and the African Development Bank as a Multilateral Implementing Entity (MIE).

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ADB Report Highlights Threat of Climate Change to Food Security [viewed]

Food Security and Climate Change in the Pacific13 September 2011: The Asian Development Bank (ADB) has released a report titled "Food Security and Climate Change in the Pacific: Rethinking the Options," which highlights the threats posed by climate change to food security in the Pacific region unless urgent action is taken.

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ADB Funds Solar Power Project in India [viewed]

ADB13 September 2011: The Asian Development Bank (ADB) has approved a $100 million loan to finance a roll-out of new large-scale solar power facilities in Gujarat, India.

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IDB to Invest in Adaptation to Climate Change in the Caribbean [viewed]

IDB12 September 2011: The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) is investing US$1.5 million to launch an initiative that will help small and medium-sized enterprises in Jamaica, Barbados, the Bahamas and Belize to adopt business practices to minimize the impact of climate change on productive activities.

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IDB, Mexico Launch Sustainable Energy Technologies Contest [viewed]

IDB7 September 2011: Mexico and the Inter-American Development Bank (IDB), supported by the Government of the Republic of Korea, have announced a joint contest to fund applied research and technological development projects on sustainable energy, with a total prize of US$2.5 million.

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EBRD Supports Sustainable Urban Transport Strategy in Poland [viewed]

30 August 2011: The European Bank for Reconstruction and Development (EBRD) has granted a loan to co-finance the acquisition of new, energy efficient rolling stocks in Poland.

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IDB Fund Invests in Renewable Energy in Chile [viewed]

IDB6 September 2011: The Multilateral Investment Fund (MIF), part of the Inter-American Development Bank (IDB), will invest up to US$5 million in the Chilean Renovarum Renewable Energy Fund, a project that invests in low-carbon and climate-friendly technologies.

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IDB to Support Establishment of Voluntary Carbon Market in Colombia [viewed]

IDB5 September 2011: The Inter-American Development Bank (IDB) has approved a US$10.5 million project to establish a system of Verified Emissions Reductions (VERs) in Colombia, with the aim of cutting over half a million tons of greenhouse gas (GHG) emissions over four years through a voluntary trading system.

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Guest Article #65: Clean Energy: Helping Propel Asia to New Prosperity [viewed]

There are many people claiming that this could very well be Asia's century. The region's relatively quick recovery from the global recession has caused the economic axis of the world to tilt in its direction, and Asia seems poised to lead the world with its vibrant, dynamic economies. While the eyes of the world may naturally fall on the economic powerhouses of the People's Republic of China and India, countries such as Indonesia and Viet Nam are also finding success, climbing out of poverty to reach middle income status within a few decades, and poised to continue their ascent.

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