Finance

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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EU Ministers Discuss Next Steps in International Climate Finance [viewed]

17 May 2011: The European Council of Economic and Financial Affairs adopted conclusions on key issues and next steps in international climate finance, including the endorsement of an updated final report on fast-start finance provided in 2010, emphasizing that it confirms that the EU and its member States have mobilized EUR2.34 billion in 2010 as part of a broader commitment to provide EUR7.2 billion cumulatively over the period 2010-12.

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World Bank Approves GEF Grant to 'Green' Morocco [viewed]

17 May 2011: The World Bank approved a US$4.35 million grant from the Special Climate Change Fund of the Global Environment Facility (GEF) to support farmers and institutions in mainstreaming climate change adaptation measures within projects implemented by the Green Morocco Plan (Plan Maroc Vert).

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CBD April Bulletin Highlights Meetings of Joint Liaison Group, Biodiversity Conventions Group [viewed]

16 May 2011: The Secretariat of the Convention on Biological Diversity (CBD) has published its Monthly Bulletin of Activities for April 2011, which indicates that the Joint Liaison Group of the Rio Conventions has formalized the terms of reference of modus operandi of the group, identified joint high-level activities for the UN Conference on Sustainable Development (UNCSD, or Rio+20) as well as the 20th anniversary of the Conventions in 2012, and agreed on new and revised joint publications on climate change adaptation, forests and gender.

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GEF Publishes Roadmap for Accessing LDC Climate Fund [viewed]

May 2011: The Global Environment Facility (GEF) has published a roadmap to clarify the steps necessary for Least Developed Countries (LDCs) to access funds for climate change adaptation and mitigation through the LDC Fund (LDCF).

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UNFCCC Publishes SBI Agenda for Bonn Session [viewed]

16 May 2011: The UNFCCC Secretariat has published the annotated provisional agenda (FCCC/SBI/2011/1) for the 34th session of the Subsidiary Body for Implementation (SBI), which reflects that decision 1/CP.16 (The Cancun Agreements: Outcome of the Work of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention) provides direction for the implementation of the long-term cooperative action under the Convention that will require coordination among the various bodies undertaking related tasks.

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GEF Publishes Roadmap for Accessing Resources through the SCCF [viewed]

GEFMay 2011: The Global Environment Facility (GEF) has released a roadmap to clarify to potential project proponents, the process and methodology to present projects to the Special Climate Change Fund (SCCF).

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ADB Supports Lending for Green Buildings in China [viewed]

16 May 2011: The Asian Development Bank (ADB) is lending CNY 300 million in partial credit guarantees to Shanghai Pudong Development (SPD) Bank, to support private-sector financing of green buildings in China.

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Proposed Agenda and Draft Work Programme for CDM EB 61 Released [viewed]

16 May 2011: The proposed agenda, annotated agenda and draft work programme for the 61st meeting of the Clean Development Mechanism (CDM) Executive Board (EB 61), to be held from 30 May-3 June 2011, in Bonn, Germany, are now available on the CDM website.

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Reports of CDM Working Groups and Panel Released [viewed]

13 May 2011: The reports of the 49th meeting of the Clean Development Mechanism (CDM) Methodologies Panel (Meth Panel), the 32nd meeting of the CDM Afforestation and Reforestation Working Group (A/R WG), and the 31st meeting of the CDM Small Scale Working Group (SSC WG) are now available on the CDM website.

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