Finance

Pacific Islands Forum Secretariat Announces Renewable Energy Project in Cook Islands [viewed]

3 October 2011: The Pacific Islands Forum Secretariat (PIFS) has announced the approval of US$1 million funding for a solar power project on Rakahanga in the Cook Islands.

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UN-REDD Releases Seventh Policy Board Meeting Documents [viewed]

UNREDD Newsletter30 September 2011: The seventh Policy Board Meeting of the UN-REDD Programme will be held from 13-14 October 2011, in Berlin, Germany. The documentation for the meeting is now available online.

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CIF Endorses Kenyan Plan to Develop Renewable Energy Resources [viewed]

30 September 2011: The Climate Investment Funds (CIF) have approved funding for Kenya's investment plan to scale up and develop its renewable energy resources, which will enhance their energy security, increase electricty access, reduce supply costs and bring socioeconomic benefits to local communities.

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AfDB, Eskom Sign Renewable Energy Loan Agreement [viewed]

25 September 2011: The African Development Bank (AfDB) has signed a US$365 million loan agreement with Eskom, an electricity company that operates in the countries of the Southern African Development Community (SADC), to implement large-scale wind and solar generation projects.

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UNFCCC Publishes AWG-LCA Submissions for Panama Session [viewed]

UNFCCC3 October 2011: The UNFCCC Secretariat has published a number of submisisons from parties to be considered by the third part of the 14th session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 14), taking place in Panama City, Panama, from 1-7 October 2011.

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IDB to Fund Energy Efficiency Investments in Central America [viewed]

IDB3 October 2011: The Inter-American Development Bank (IDB) is partnering with the Nordic Development Fund (NDF) to launch a programme for companies in Central America to adopt clean technologies and improve their energy efficiency.

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UNFCCC Executive Secretary Highlights Importance of Forwarding Draft Decisions to Durban [viewed]

2 October 2011: Speaking during the UN Climate Change Conference in Panama City, Panama, UNFCCC Executive Secretary Christiana Figueres welcomed the recognition by governments of the need to speed up and scale up their efforts to address climate change, and that to ensure a successfull outcome in Durban at the 17th session of the Conference of the Parties (COP 17) to the UNFCCC, the Panama talks need to conclude with the adoption of draft decisions.

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Latin American Carbon Forum Calls for CDM Continuity [viewed]

30 September 2011: The sixth Latin American and Caribbean Carbon Forum concluded in San José, Costa Rica, with calls by carbon project developers and the private sector to clarify the future of the Clean Development Mechanism (CDM) and other carbon finance options.

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CDM Executive Board Calls for Public Inputs on New Methodologies and Standardized Baselines [viewed]

UNFCCC29 September 2011: At its 63rd meeting, the Executive Board of the Clean Development Mechanism (CDM) agreed to open four new calls for public input on a new draft renewable energy methodology, suppressed demand, standardized baselines and new draft small scale methodologies.

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Major Economies Forum Calls for a Balanced Package in Durban [viewed]

17 September 2011: The 11th Meeting at the Leaders' Representative level of the Major Economies Forum on Energy and Climate stressed the need to agree on a balanced package at the upcoming 17th session of the Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change (UNFCCC) in Durban, South Africa, at the end of the year.

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