Regional Development Bank

Chile and European Investment Bank Sign Agreement for Climate Financing [viewed]

9 March 2010: European Investment Bank (EIB) Vice-President Carlos da Silva Costa and Chile's Ambassador to the EU, Carlos Appelgren, have signed a framework agreement that aims to foster sustainable growth through the financing of investment projects of mutual interest that, inter alia, support climate change mitigation policies.

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AfDB Launches Clean Energy Bond for Japanese Investors [viewed]

8 March 2010: The African Development Bank (AfDB) has issued a Clean Energy bond, denominated in New Zealand dollars, which will be offered to Japanese retail investors during the month of March.

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Africa Carbon Forum Hopes to Help Boost Africa's Share of Carbon Market [viewed]

5 March 2010: The second Africa Carbon Forum, which was held from 3-5 March 2010, in Nairobi, Kenya, aimed at helping build on growing interest in the Clean Development Mechanism (CDM) in Africa, and concluded with expectations for a boost in Africa's share of the global carbon market.

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CIF Partnership Documents Posted, Comments Sought on Lessons in Climate Investment Funds [viewed]

March 2010: Documents for the 2010 Climate Investment Funds (CIF) Partnership Forum, which will gather CIF stakeholders to share lessons learned from the CIF design process and from early implementation of CIF-funded programmes, have been posted online. Also available online is a draft document titled "Looking Ahead for Lessons in the Climate Investment Funds: Emerging Themes for Learning," which is open for comments.

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African Ministers Welcome Calls for New and Innovative Resources for Climate Change [viewed]

21 February 2010:  A meeting of the Committee of African Ministers of Finance and Planning and Governors of Central Banks (Committee of Ten) recognized the importance of pursuing a low-carbon growth path, but emphasized that the additional costs to achieve it should not be at the expense of existing under-resourced development needs.

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UN Secretary-General to the Unity Summit of Latin America and the Caribbean: “Climate Change Remains a Clear and Present Danger” [viewed]

22 February 2010: At the Unity Summit of Latin America and the Caribbean, which convened in Cancun, Mexico, Alicia Bárcena, Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), delivered a message on behalf of UN Secretary-General Ban Ki-moon noting that climate change is a “major inter-connected challenge.”

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Event: 2010 Climate Investment Funds (CIF) Partnership Forum [viewed]

Participants at this Forum will seek to share lessons learned from the CIF design process and from early implementation of CIF-funded programs. The 2010 CIF Partnership Forum will be preceded by the following associated CIF meetings, both of which will convene from 15-17 March: PPCR and CTF pilot countries meeting; and CIF Trust Fund Committee meetings.  

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Funding Available for NGOs to Participate in CIF Partnership Forum [viewed]

15 February 2010:  The Climate Investment Funds (CIF) have announced that funds are available to sponsor the participation of developing country NGOs in the CIF Second Partnership Forum, which is scheduled to take place from 18-19 March 2010, in Manila, the Philippines, and which will be hosted by the Asian Development Bank.

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CIF-Pledged Funds for Forest Management and Renewable Energy Investments Reach US$700 Million [viewed]

4 February 2010: The Climate Investment Funds (CIF) held meetings of its Scaling Up Renewable Energy in Low Income Countries (SREP) sub-committee on 3 February 2010, and its Forest Investment Program (FIP) sub-committee from 3-4 February 2010, in Washington DC, US.

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ADB Funds Climate Change Study in South Asia [viewed]

4 February 2010: The Asian Development Bank (ADB) and the Government of the UK are financing a US$1.2 million study to help South Asia analyze the costs and benefits of climate change adaptation actions.

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