Regional Development Bank

Adaptation Fund Board Approves Project Concepts for Financing [viewed]

24 June 2010: The Adaptation Fund Board approved the first four proposals of concrete adaptation projects at its tenth meeting held in Bonn, Germany, from 14-16 June 2010.

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CIF Strategic Climate Fund Holds Program Meetings [viewed]

24 June 2010: The Climate Investment Funds (CIF) Sub-Committee meetings took place from 22-24 June 2010, in Washington DC, US. These included meetings of the following target programs of the CIF Strategic Climate Fund (SCF): the Program for Scaling Up Renewable Energy in Low Income Countries (SREP); the Pilot Program for Climate Resilience (PPCR); and the Forest Investment Program (FIP).

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ADB Releases Report on Ho Chi Minh City's Adaptation to Climate Change [viewed]

1 June 2010: The Asian Development Bank (ADB) has released a report titled "Ho Chi Minh City Adaptation to Climate Change," which aims to assist Ho Chi Minh City (HCMC) People's Committee in adapting to and coping with climate change and variability.

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African Economic Outlook 2010 Released [viewed]

17 June 2010: The “African Economic Outlook 2010,"  a joint publication of the Organisation for Economic Co-operation and Development (OECD) Development Centre, the African Development Bank (AfDB) and the UN Economic Commission for Africa (UNECA), has been released.

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EU-ACP Review Contonou Agreement, Adopt Joint Declaration on Climate Change [viewed]

22 June 2010: During the 35th Session of the Joint Council of the EU-African, Caribbean and Pacific (ACP) countries, held on 21-22 June 2010 in Ouagadougou, Burkina Faso, the EU and ACP countries signed the second five-year revision of the Cotonou Agreement. The EU and ACP countries also adopted joint declarations on the Millennium Development Goals (MDGs) and climate change.

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EIB and Others Promote Creation of Mediterranean Carbon Fund [viewed]

17 June 2010: The European Investment Bank (EIB) together with CDC Climat, the French Development Agency (AFD), PROPARCO, the Cassa depositi e prestiti (CDP) and KfW Bankengruppe, the German promotional bank, have joined forces to study and promote the creation of a Mediterranean Carbon Fund (MCF).

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IDB Supports Mexican Carbon Dioxide Certification System [viewed]

9 June 2010: The Inter-American Development Bank (IDB) approved a project to develop capabilities for carbon dioxide emissions certification in Mexico.

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EIB, European Commission to Explore Joint Climate Finance [viewed]

14 June 2010: European Climate Action Commissioner Connie Hedegaard and European Investment Bank (EIB) President Philippe Maystadt have agreed to explore a joint climate finance initiative for developing countries, combining European Commission and member States' grants with financing from the EIB and other European financial institutions to meet adaptation and mitigation challenges.

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EIB Finances World's Largest Offshore Wind Farm [viewed]

10 June 2010: The European Investment Bank (EIB) has signed a GBP 250 million loan to DONG Energy, for the construction of the London Array, expected to be the world's largest offshore wind farm.

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CIF Announces Business Guide to the Climate Investment Funds [viewed]

June 2010: The Climate Investment Funds (CIF) have reported that the World Business Council for Sustainable Development (WBCSD) and Climate First have published online a "Business Guide to the Climate Investment Funds," which describes the different funding windows, as well as the role, structure and current status of the CIF.

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