World Bank

IFC Issues US$1 Billion in Green Bond Program to Climate-Friendly Projects [viewed]

14 February 2012: The International Finance Corporation (IFC) has issued US$1 billion through its Green Bond Program. As the largest finance bond scheme so far, IFC aims to engage large-scale investors from the private sector to support climate change projects in developing countries.

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IBD Fund Approved to Support Small Guyanese Enterprises in Low-Carbon Sectors [viewed]

IDB28 February 2013: Approved by it's Board of Directors on 27 February 2013, the Inter-American Development Bank (IDB) will administer a US$5 million grant program to support implementation of the portion of Guyana's Low Carbon Development Strategy (LCDS) devoted to expanding microfinance for micro and small enterprises in low-carbon sectors (LCSs).

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G20 Finance Ministers Call for Phase-out of Inefficient Fossil Fuel Subsidies [viewed]

16 February 2013: The Group of 20 (G20) Finance Ministers and Central Bank Governors' Meeting took place from 15-16 February 2013, in Moscow, Russian Federation, and concluded with the adoption of a communiqué in which G20 Finance Ministers commit to report on progress made to rationalize and phase-out, over the medium-term, inefficient fossil fuel subsidies that encourage wasteful consumption, while providing targeted support for the poorest.

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CIF Annual Report Focuses on the "Climate for Change" [viewed]

14 February 2013: The Climate Investment Funds (CIF) has released its 2012 annual report, titled "Creating the Climate for Change." In its fourth year of operations, the fund is in expansion with over 70 new countries asking for support.

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IEA Bioenergy Annual Report Highlights Risks and Opportunities of Bioenergy [viewed]

12 February 2012: The 2012 Annual Report of the International Energy Agency's Implementing Agreement on Bioenergy (IEA Bioenergy) features an article on "Biomass Feedstocks for Energy Markets," and provides an overview of activities of the Executive Committee (ExCo) and the 12 ongoing Tasks during 2012.

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Adaptation Fund Calls for Public Comments on Project Proposals [viewed]

Adaptation Fund11 February 2013: The Adaptation Fund has released a call for public comments as seven projects and concept proposals are presently under review. The Adaptation Fund Board secretariat welcomes comments while the proposals are under technical review and screening by the Adaptation Fund. 

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Adaptation Fund Board Chair Calls on Donors to Support Adaptation Efforts [viewed]

Adaptation Fund4 February 2013: In the context of declining revenue for the Adaptation Fund, the newly elected Chair of the Adaptation Fund Board, Hans Olav Ibrekk (Norway), has called on donors to fill in the funding gap with voluntary contributions.

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World Bank Report Reviews MENA's Water Demand and Options [viewed]

World Bank1 February 2013: A new World Bank report, titled “Renewable Energy Desalination: An Emerging Solution to Close MENA's Water Gap,” indicates that water demand in the Middle East and North of Africa (MENA) countries will quintuple by 2050. The study highlights that a water demand gap might persist even after applying all demand management options, and suggests that "new" water produced through desalination and greater investment in renewable energy are required.

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GWP Launches Water, Climate and Development Programme in Burkina Faso [viewed]

29 January 2013: The inception workshop of the Water, Climate and Development Programme (WACDEP) in Burkina Faso took place on 14 December 2013, in Ouagadougou, and validated a study carried out by the Global Water Partnership (GWP) office in Burkina Faso that finds that climate change will have a strong impact on the country's water security and negatively impact most economic sectors.

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FCPF Launches Draft Grievance Toolkit [viewed]

January 2013: The Forest Carbon Partnership Facility (FCPF) has launched a draft toolbox to assist countries in addressing grievances and disputes arising from REDD+ activities.

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