Regional Development Bank

Africa Day Focuses on Agriculture and Climate Change [viewed]

africa-days-event19 November 2013: Africa Day, a full-day event held on the margins of the Warsaw Climate Change Conference, brought together African leaders, scientists and other stakeholders to discuss climate change and agricultural development on the continent. Presented by the UN Economic Commission for Africa (UNECA), the African Union Commission (AUC), and the African Development Bank (AfDB), the event aimed to reach African development partners as well as negotiators from other regions.

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African Development Bank Holds Discussions on How to Accelerate Green Growth in Africa [viewed]

accelerating-green-growth-in-africa18 November 2013: The African Development Bank (AfDB) organized an event, titled ‘Accelerating Green Growth in Africa: Role of the AfDB and Regional Institutions,' which took place on the sidelines of the Warsaw Climate Change Conference. 

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CIF Funds Forest Management in Burkina Faso [viewed]

AfDB13 November 2013: The African Development Bank (AfDB) has announced US$11.5 million of support for the Government of Burkina Faso under the Climate Investment Funds' (CIF) Forest Investment Program (FIP).

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Transport Day 2013 Concludes with Warsaw Statement on Low Carbon Transport [viewed]

Transport Day 201317 November 2013: Transport Day 2013, which took place alongside the Warsaw Climate Change Conference, was supported by the Bridging the Gap initiative (BtG) and the Joint Convener Partnership on Sustainable, Low Carbon Transport (SLoCaT), with a focus on rethinking transport and climate change.

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FAO, IDB Support Analysis on Climate Change and Agriculture in Jamaica [viewed]

idb-faoNovember 2013: Given the expected adverse impacts of climate change on Jamaica's agriculture sector and Jamaica's goal to include climate change adaptation in the implementation of its Vision 2030 National Development Plan, the Food and Agriculture Organization of the UN (FAO) and the Inter-American Development Bank (IDB) collaborated on an analysis of Jamaican climate change impacts in the short- and medium-term and an identification of agricultural adaptation strategies.

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Multilateral Development Banks Release Joint Report on Climate Change Finance [viewed]

Multilateral-Development-Banks.jpgNovember 2013: According to the 'Joint Report on MDB Climate Finance 2012,' the multilateral development banks (MDBs) spent nearly US$27 billion to address climate change during the 2012 fiscal year, with over US$21 billion dedicated to mitigation and almost US$6 billion to adaptation. From these resources, the Global Environment Facility (GEF) and the Climate Investment Funds (CIF) have contributed to US$2 billion.

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AfDB Facilitates Nearly US$65 Million in Investment into Africa Renewable Energy Fund [viewed]

AfDB13 November 2013: The African Development Bank's (AfDB) Board of Directors has approved a US$25 million equity investment in the Bank's Africa Renewable Energy Fund (AREF), which has been supplemented by further partner investments of US$39.5 million. The fund aims to demonstrate and catalyze the viability of Africa's renewable energy potential to investors.

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Climate Finance Tracking Website Launched [viewed]

AfDBNovember 2013: The African Development Bank (AfDB) has announced its efforts to develop a climate finance tracking methodology, through collaboration to develop a joint multilateral development bank methodology for tracking adaptation and mitigation finance. 

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UN, World Bank, EU Pledge Support to Sahel [viewed]

un-worldbank8 November 2013: Development leaders traveled to the Sahel region in Africa to discuss governance, resilience, peace and security with the leaders of Burkina Faso, Chad, Mali and Niger. During the trip, from 4-8 November 2013, the World Bank and EU announced over US$8 billion in investments to boost economic growth and tackle poverty in the region.

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CIF Approves Forest Funding for Peru and Energy Access in Liberia [viewed]

CIF30 October 2013: The Climate Investment Fund (CIF) Sub-Committee Meetings concluded with endorsement of the final pilot country plan from Peru for $50 million under the Forest Investment Program (FIP), and the endorsement of Liberia's $50 million investment plan under the Scaling Up Renewable Energy Program in Low Income Countries (SREP), a targeted program of the Strategic Climate Fund (SCF). The FIP also approved $16.45 million to support forest and climate information gathering and systematization in Brazil.  

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