Regional Development Bank

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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ADB Launches Clean Air Portal for Asian Cities [viewed]

7 June 2010: The Asian Development Bank (ADB) has launched a new Clean Air Portal, which is the point of entry for data and information on air quality, climate change co-benefits, energy and transport.

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World Bank Finances Green Energy in Kenya [viewed]

27 May 2010: The World Bank has approved a US$330 million loan for Kenya to expand electricity access and expand geothermal power generation as part of its green energy development strategy.

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Event: Seventh African Development Forum on Climate Change and Development [viewed]

The Seventh African Development Forum (ADF VII) on Climate Change and Development is being convened by the UN Economic Commission for Africa (UNECA), the African Union Commission (AUC) and the African Development Bank (AfDB). The overall objective of the Forum is to raise awareness and mobilize effective commitment and actions on the part of all stakeholders and partners at all levels to effectively mainstream climate change concerns into development policies, strategies, programmes and practices in Africa. The Forum also aims to strengthen Africa's participation in international climate change negotiations with a view to ensuring adequate reflection of the continent's concerns and priorities in a post-2012 international climate change regime.  

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Fourth GEF Assembly Reviews GEF Policies and Operations [viewed]

28 May 2010: The fourth Assembly of the Global Environment Facility (GEF) was held in Punta del Este, Uruguay, on 25-26 May 2010. The Assembly was preceded by a Civil Society Forum and a GEF Council meeting, which  took place at the same venue.

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Event: V Latin American Carbon Forum [viewed]

The Latin American Carbon Forum is a regional platform established to promote knowledge and information sharing on the Clean Development Mechanism (CDM) while facilitating business-opportunity environments among main carbon market stakeholders. This Forum is organized by the UN Environment Programme (UNEP) Risøe Centre, the World Bank, the Latin American Energy Organization (OLADE), the UN Conference on Trade and Development (UNCTAD), the Inter-American Development Bank (IDB) and International Emissions Trading Association (IETA).  

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