Regional Development Bank

Rainforest Basins Summit Calls for South-South Cooperation [viewed]

3 June 2011: The Summit of the Heads of State and Government of the Three Rainforest Basins, namely the Amazon, Congo, and Borneo-Mekong basins, took place in Brazzaville, Congo, from 27 May-3 June 2011, to establish new ways to increase technical cooperation on forest matters, and adopted a joint statement on tropical forests, climate and sustainable development.

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GEF Council Approves Programme that Includes Great Green Wall Initiative [viewed]

26 May 2011: The 40th meeting of the Global Environment Facility (GEF) Council, together with the tenth meeting of the Council of the Least Developed Country Fund (LDCF) and Special Climate Change Fund (SCCF), has approved an integrated land-use programme to fund investments to address priorities set by 12 African countries in West Africa and the Sahel.

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IDB Invests in Solar Energy in Brazil [viewed]

26 May 2011: The Inter-American Development (IDB) is supporting a solar project in Tauá, in Northeast Brazil, that will be the first ever large scale power generation project to connect a photovoltaic (PV) system into the national interconnected system in Brazil.

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IDB to Build Capacity of Amazon Indigenous Peoples for Climate Change Negotiations [viewed]

23 May 2011: The Inter-American Development Bank (IDB) has approved a $1 million technical cooperation project aimed at building the capacity of indigenous peoples of the Amazon Basin in Latin America to more effectively participate in the consultation processes, negotiations and decision making related to climate change, as well as better manage the impacts of climate change on their communities. 

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EBRD Discussion Panel Addresses Promotion of Green Investments [viewed]

23 May 2011: The European Bank for Reconstruction and Development (EBRD) held a discussion panel titled "Weaving the Magic Carpet: How to Make Climate Finance Flow in the Region," which brought different perspectives on how to integrate climate finance to stimulate investments from the private sector in order to achieve a low-carbon future.

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ADB Invests in Climate Change Technology Venture Capital Funds [viewed]

23 May 2011: The Asian Development Bank (ADB) is investing $60 million to set up three climate change venture capital funds, primarily engaged in markets in China and India.

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Event: AfDB 2011 Annual Meetings [viewed]

These meetings, organized around the theme “Towards an Agenda for Inclusive Growth in Africa,” will review the African Development Bank's (AfDB) 2010 operations and its 2012 development funding portfolio, as well as challenges facing the African region in key areas such as climate change, infrastructure, private sector and governance. The meetings will also include: a high-level seminar on "Financing Energy and Green Growth;" a meeting on capacity building in science, technology and innovation; a meeting on the Inga power project (two hydroelectric dams); and the launch of African Economic Outlook 2011, which focuses on Africa's growing integration in the world economy and its diversifying partnerships revealing unprecedented economic opportunities.  

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EBRD Supports Energy Efficient Projects in Hungary [viewed]

19 May 2011: The European Bank for Reconstruction and Development (EBRD) and Erste Bank Hungary signed an agreement providing for a EUR15 million loan facility to stimulate energy efficiency projects in Hungarian municipalities, municipal companies and private energy saving companies providing services to local authorities.

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EBRD Supports Energy-Efficient Railways in Kazakhstan [viewed]

17 May 2011: The European Bank for Reconstruction and Development (EBRD) has entered into a memorandum of understanding (MOU) with Kazakhstan's railway authorities to promote an energy efficient railway network.

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ADB Supports Lending for Green Buildings in China [viewed]

16 May 2011: The Asian Development Bank (ADB) is lending CNY 300 million in partial credit guarantees to Shanghai Pudong Development (SPD) Bank, to support private-sector financing of green buildings in China.

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