Regional Development Bank

IDB Finances Expansion of Wind Power in Mexico and Biofuels in Peru [viewed]

Idb15 December 2009: The Inter-American Development Bank (IDB) approved a US$102 million loan in partial financing for two wind power projects totaling 318 MW in the state of Oaxaca, Mexico.

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Nominations Sought for Private Sector Observers to Climate Investment Funds [viewed]

15 December 2009: The World Business Council for Sustainable Development is seeking nominations for private sector observers to two sub-programmes in the Climate Investment Funds (CIF): the Forest Investment Program (FIP) and Scaling up Renewable Energy in Low Income Countries (SREP) Funds.

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Climate Investment Funds Approve US$5.5 Billion for Clean Energy Technology and Launch Renewable Energy Programme [viewed]

14 December 2009: The development banks' Climate Investment Funds (CIF) have launched a new programme called "Scaling up Renewable Energy in Low Income Countries (SREP)," with pledges of US$210.7 million.

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EIB and Others Launch Infrastructure Fund [viewed]

4Eib December 2009: The European Investment Bank (EIB) and other European leading public financial institutions have launched "Marguerite," a pan-European equity fund that aims to act as a catalyst for infrastructure investments implementing key EU policies in the areas of climate change, energy security and trans-European networks.

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Multilateral Development Banks, IMF Call for Comprehensive Global Climate Change Regime [viewed]

2 December 2009: The Heads of the Multilateral Development Banks and the International Monetary Fund (IMF) appealed in a joint statement to the parties to the UNFCCC to agree in Copenhagen on the foundations for an ambitious, comprehensive and equitable global climate change regime that enables all countries to achieve sustainable development along climate-resilient and low greenhouse gas emission-intensive paths.

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OECD and EIB's Cooperation Agreement Addresses the Economics of Climate Change [viewed]

Oecd26 November 2009: The Organisation for Economic Co-operation and Development (OECD) and the European Investment Bank (EIB) have signed a cooperation agreement to share their expertise in support of sustainable development, including on the economics of climate change.

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EIB Funds 80 Million Euro Solar Power Project in Spain [viewed]

Eib16 November 2009: The European Investment Bank (EIB) announced an 80 million Euro loan to finance the construction and commissioning of a concentrated solar power (CSP) plant in Fuentes de Andalucía, Spain.�

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IDB to Limit GHG Emissions in Coal Fired Plants it Finances [viewed]

Idb5 November 2009: The Inter-American Development Bank (IDB) is issuing a set of guidelines to finance coal-fired power plants in order to ensure they use among the best available technologies to reduce their emissions of greenhouse gases and other pollutants.

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ADB Publishes Study on Integrating Biofuels and Rural Renewable Energy Production in Agriculture for Poverty Reduction [viewed]

Logo-adbOctober 2009: The Asian Development Bank (ADB) has published an overview and strategic framework for biofuels development in the Greater Mekong Subregion. 

 

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Civil Society Organizations Encouraged to Nominate Observers to Climate Investment Fund's Sub-Committees [viewed]

16 November 2009: The self-selection process for non-profit civil society observers on two sub-committees of the Climate Investment Fund's (CIF) Strategic Climate Fund – the Forest Investment Program (FIP) and the Scaling up Renewable Energy Program in Local Income Countries (SREP) – is accepting nominations to participate as observers during CIF meetings and to register to vote on the nominees.

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