Regional Development Bank

EIB Co-financing Climate Change Mitigation in Viet Nam [viewed]

26 May 2009: The European Investment Bank (EIB) has announced that it will co-finance investments that will contribute to the mitigation of climate change through a EUR100 million loan.

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IDB and FONTAGRO to Fund Climate Change Impact Studies [viewed]

© IDB5 May 2009: The Inter-American Development Bank (IDB) and the Regional Fund for Agricultural Technology (FONTAGRO) have announced that they will fund three projects on adapting regional productive systems to climate change.

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ADB Names Eminent Climate Change Advisors, Releases Sustainability Report [viewed]

© ADB4 May 2009: The Asian Development Bank (ADB) has established an Advisory Group of seven eminent persons to advise the Bank on how to strengthen its programmes to meet the global challenge of climate change. The Advisory Group on Climate Change and Sustainable Development will help ADB management consider ways to assist ADB's developing member countries move their economies onto low-carbon development paths and address the social impacts of climate change.

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EIB Provides US$220 Million in Funds to Mitigate Climate Change in China [viewed]

© EIB 2 April 2009: The European Investment Bank (EIB) is providing a total of EUR 220 million in three operations that will contribute to the mitigation of climate change, within the objectives of the China Climate Change Framework Loan (CCCFL), signed with the People's Republic of China in November 2007.

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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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