Regional Development Bank

IDB Launches Carbon Finance Portal for Latin America [viewed]

2 June 2011: The Inter-American Development Bank (IDB), with support from the UN Environment Programme (UNEP) and the World Bank, has launched a web portal called "Finanzas Carbono," which is designed to provide a platform for dissemination of information on carbon markets to the Spanish-speaking world.

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AfDB Invests in Solar and Wind Power in Sub-Saharan Africa [viewed]

6 June 2011: The African Development Bank (AfDB) is providing a US$365 million loan to South Africa to support its national electricity utility, Eskom, in implementing a US$1.3 billion renewable energy project to introduce concentrated solar power to sub-Saharan Africa and the first utility-scale wind power plant to South Africa.

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Event: High-Level Africa Consultative Forum on Renewable Energy [viewed]

This high-level consultative forum will provide an opportunity for Ministers of Energy from Africa to engage with experts from Regional Economic Commissions, national entities, international partners, the UAE Government, the African Development Bank (AfDB), the African Union (AU)-UN Regional Consultative Mechanism, the EU-Africa Energy partnership, key energy NGOs and others. IRENA is convening the meeting to discuss specific implementation challenges facing Africa with respect to renewable energy technologies, as well as practical approaches to generate the critical policy and technical information, advice and capacity that is required to support the extensive deployment of renewable energy in Africa.  

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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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