Regional Development Bank

EBRD Funds Clean Energy Investments across Eastern Europe and the Balkans [viewed]

© EBRD31 March 2009: The European Bank for Reconstruction and Development (EBRD) is intensifying its lending for energy efficiency and clean energy projects, and has recently established two new facilities worth €110 million to finance investments by enterprises in the Western Balkans in energy efficiency and renewable energy projects.

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IDB Board of Governors Adopts Green Growth Initiatives [viewed]

31 March 2009: The Boards of Governors of the Inter-American Development Bank (IDB) adopted a set of initiatives to promote green growth at its 50th Annual Meeting held in Medellín, Colombia, from 29-30 March 2009. Finance ministers and central bank presidents from IDB's 48 member countries discussed the current financial crisis and addressed the IDB's reform, calling for a capital increase that contemplates a strategy to make effective use of additional resources to support social safety net programmes, poverty and inequality reduction, infrastructure investment and measures related to climate change.

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IDB Approves Energy Efficiency Project in Brazil [viewed]

27 March 2009: The Inter-American Development Bank (IDB) has approved a project to provide Brazil's Usiminas steel company a loan amounting to US$200 million. The first part of the project will finance investments in a new power cogeneration plant and related equipment to produce electricity using excess heat and gases that originate from the production of the steel, allowing the Belo Horizonte-based company to cut its production costs and reduce carbon emissions.

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EBRD Publishes Green Investment Scheme Manual and Model Agreement [viewed]

European Bank for Reconstruction and Development

March 2009: The European Bank for Reconstruction and Development (EBRD), with financing from the Government of the Netherlands, has published a Green Investment Scheme (GIS) Manual and Model Agreement.

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IDB and Nicholas Stern Present Country Studies on Climate Impact [viewed]

IDBLogo_en5 March 2009: Lord Nicholas Stern and the Inter-American Development Bank (IDB) hosted a seminar on “Development in a More Hostile Climate” during which country-level studies of the economic impact of climate change in Brazil, Mexico and South East Asia were presented.

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IDB Announces Energy Innovation Contest [viewed]

IDB Announces Energy Innovation Contest

27 February 2009: The Inter-American Development Bank (IDB) has announced a contest to finance proposals for promoting energy efficiency and access to renewable energy in Latin America and the Caribbean.

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ADB Plans Energy Week and Climate Change Debates in June 2009 [viewed]

13feb09-iFebruary 2009: The Asian Development Bank (ADB) is planning three events in 2009 related to clean energy and climate: a Climate and Clean Energy Week on 15-19 June 2009; a High-Level Dialogue on Climate Change in Asia and the Pacific on 16-17 June; and the Fourth Asia Clean Energy Forum 2009 on 17-19 June.

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ADB Considers Revised Energy Policy to Incorporate Climate Change Challenges [viewed]

The Asian Development Bank's (ADB's)

9 February 2009: The Asian Development Bank's (ADB's) Board of Directors is currently reviewing an update to its Energy Policy, which guides the Bank's operations in the energy sector. 

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IDB Funds Energy Efficiency in the Caribbean [viewed]

28 January 2009: The Inter-American Development Bank (IDB) recently approved three projects to support energy efficiency in the Caribbean. The Bahamas will receive US$1.45 million to strengthen the capacity of the Ministry of the Environment and support ongoing efforts to reform the country's regulatory, financial and fiscal frameworks, in order to achieve a sustainable energy matrix and to encourage energy efficiency in public, commercial and residential buildings.

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ADB Funds Energy Efficiency Lighting in the Philippines [viewed]

ADB to Help Philippines Save $100 Million Yearly Fuel Cost by Using Energy-Efficient Lights

2 February 2009: The Asian Development Bank (ADB) approved a US$31.1 million loan for an energy-efficiency project in the Philippines that will provide 13 million energy-saving compact fluorescent lamps (CFL) to homeowners and businesses as part of a government push to save about US$100 million every year in fuel costs, and a deferral of an investment of US$450 million in power generation and associated network capacity. 

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