Finance

World Bank Auctions Adaptation Fund CERs [viewed]

20 May 2011: The World Bank, as Trustee for the Adaptation Fund, has completed an auction of 200,000 tons of certified emission reductions (CER) at Euro 12.52 per ton.

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World Bank Lends US$200 Million for Energy Efficiency Projects in Ukraine [viewed]

17 May 2011: The World Bank approved a project to improve energy efficiency in industrial companies, municipalities and municipally-owned enterprises and energy service companies in Ukraine by facilitating bank lending for energy efficiency investments.

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UNCCD's Global Mechanism Launches scope|acp Website [viewed]

16 May 2011: The South-South Cooperation programme of the Global Mechanism (GM) of the UN Convention to Combat Desertification (UNCCD) has launched the new website www.scopeacp.net, which seeks to provide tools to enhance the use of existing resources as well as to increase access to new and innovative financial resources for sustainable land management (SLM).

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Event: AfDB 2011 Annual Meetings [viewed]

These meetings, organized around the theme “Towards an Agenda for Inclusive Growth in Africa,” will review the African Development Bank's (AfDB) 2010 operations and its 2012 development funding portfolio, as well as challenges facing the African region in key areas such as climate change, infrastructure, private sector and governance. The meetings will also include: a high-level seminar on "Financing Energy and Green Growth;" a meeting on capacity building in science, technology and innovation; a meeting on the Inga power project (two hydroelectric dams); and the launch of African Economic Outlook 2011, which focuses on Africa's growing integration in the world economy and its diversifying partnerships revealing unprecedented economic opportunities.  

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OECD Releases Review of Norway's Environmental Protection [viewed]

19 May 2011: The Organisation for Economic Co-operation and Development (OECD) has published its review of the environmental performance of Norway, which praises Norway's pioneering role in environmental protection, but calls for further action, notably in addressing climate change and protecting biodiversity.

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IEA Meeting Outlines Plans for Report on Improving Energy Access Financing [viewed]

18 May 2011: The International Energy Agency (IEA) organized a meeting of 60 energy access experts to begin preparations for a special section titled “Energy for all: financing access to the poor,” to be included in the IEA's “World Energy Outlook 2011.” 

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GEF Approves UN-HABITAT/UNEP East Africa Energy Efficient Project [viewed]

18 May 2011: The Global Environment Facility (GEF) has approved a joint UN Human Settlements Programme (UN-HABITAT)/UN Environment Programme (UNEP) project that aims to promote energy efficiency measures in the building sector in East Africa in order to save energy and reduce greenhouse gas (GHG) emissions.

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SPREP and SPC Assisting Tuvalu to Develop National Climate Change Policy [viewed]

18 May 2011: In response to a request from Tuvalu, a joint team from the Secretariat of the Pacific Regional Environment Programme (SPREP) and the Secretariat of the Pacific Community (SPC) Applied Geoscience and Technology (SOPAC) Division is on mission in the country to assist in the development of a Tuvalu National Climate Change Policy and Joint Climate Change Adaptation and Disaster Risk Management National Action Plan (JNAP).

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UNDP Asia and Pacific Director Calls for Building LDCs' Resilience [viewed]

UNDP17 May 2011: In a op-ed published originally in the South China Morning Post, Ajay Chibber, UN Development Programme (UNDP) Regional Director for Asia and Pacific, underscores the need to support the least developed countries (LDCs) in building their resilience and reducing their vulnerability to external shocks, including natural disasters and man-made crises.

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EBRD Supports Energy-Efficient Railways in Kazakhstan [viewed]

17 May 2011: The European Bank for Reconstruction and Development (EBRD) has entered into a memorandum of understanding (MOU) with Kazakhstan's railway authorities to promote an energy efficient railway network.

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