Regional Development Bank

Consultation Discusses Climate Change Strategies for the African Development Bank and World Bank [viewed]

4 June 2008: The African Development Bank (AfDB) and the World

Bank jointly organized a fourth regional consultation to discuss their

respective strategies on climate change. The 4 June 2008 consultation in Dakar,

Senegal, was the last in a series aimed at brainstorming and seeking ways to

strengthen collaboration with African institutions and development partners in

order to efficiently implement the strategies. Participants identified three

main challenges – energy security and access, cushioning the adverse effects of

climate change, and climate change risk management and adaptation.

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World Bank Members Reach Agreement on Climate Investment Funds [viewed]

World_banks_global_consultations23 May 2008: Representatives from 40 donor and developing countries, meeting in Potsdam, Germany, reached an agreement on the creation of two international investment funds that will provide innovative financing for developing countries to pursue cleaner development paths and protect themselves from the impacts of climate change.

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EIB and IDB to Increase Funding in Latin America for Climate Change Mitigation [viewed]

15 May 2008: The European Investment Bank (EIB) and the Inter-American Development Bank (IDB) have agreed to strengthen their cooperation and co-financing to support strategic development projects in Latin America and the Caribbean.

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African Development Bank Annual Meeting Considers Negative Impacts of Climate Change on Agriculture and Rising Fuel and Food Prices [viewed]

African_development_bank14 May 2008: The 43rd Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and the 34th Board of Governors meeting of the African Development Fund (ADF) took place on 14-15 May 2008, in Maputo, Mozambique. The Annual Meetings considered the theme “Fostering Shared Growth: Urbanization, Inequality and Poverty.”

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Asian Development Bank Launches New Climate Fund [viewed]

5 May 2008: The Asian Development Bank (ADB) announced a contribution of US$40 million for a new Climate Change Fund it is establishing to mitigate and adapt to the impacts of climate change in the Asia-Pacific region.

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European Banks Establish a Post-2012 Carbon Credit Fund [viewed]

28 April 2008: Five European public financing institutions have established a EUR 125 million Post-2012 Carbon Credit Fund.

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IDB Holds Annual Meeting [viewed]

IdbThe Inter-American Development Bank (IDB) held its annual meeting from 4-8 April 2008, in Miami, US.

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