Finance

IDB Finances Public Transport Infrastructure in Colombian Cities [viewed]

IDB15 September 2011: The Inter-American Development Bank (IDB) has approved US$320 million in loans to Colombia for the development of public transport system in four cities, focusing on improving public transport and shortening circulation times of public vehicles, thus cutting greenhouse gas (GHG) emissions, expected to benefit 800,000 passengers daily.

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WFP-Led Public-Private Partnership Expands Rural Resilience Initiative to Senegal [viewed]

19 September 2011: The World Food Programme (WFP) and Oxfam America have committed to expanding their R4 Rural Resilience initiative, with support from the US Agency for International Development (USAID) and Swiss RE, from Ethiopia to Senegal over the next five years.

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MDG Gap Task Force Releases 2011 Report [viewed]

16 September 2011: The UN Secretary-General has launched the annual report prepared by the Millennium Development Goals (MDG) Gap Task Force, titled "The Global Partnership for Development: Time to Deliver." This report assesses the current state of the global partnership to meet the MDGs, and includes a section on access to technology and funding to address climate change.

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World Bank, GEF Fund Kiribati's Adaptation Programme [viewed]

15 September 2011: The World Bank has approved the third phase of the Kiribati Adaptation Program (KAP III), a project that will invest US$10.8 million to improve the resilience of Kiribati to the impacts of climate change on freshwater supply and coastal infrastructure.

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IFC's Post-2012 Carbon Facility Shows Private Sector Interest in Carbon Markets [viewed]

September 2011: The International Finance Corporation (IFC), part of the World Bank Group, reached full subscription of over US$200 million for its Post-2012 Carbon Facility, helping secure what is expected to be at least US$2 billion in low carbon growth across the developing world despite uncertain carbon market conditions.

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UNEP Launches REDDy-Set Grow Part II [viewed]

13 September 2011: The UN Environment Programme (UNEP) has released a new report titled “REDDy-Set-Grow Part II: Recommendations for international climate change negotiators.”

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Joint Implementation Committee Forwards Recommendations to Durban [viewed]

UNFCCC15 September 2011: At its 26th meeting, the Joint Implementation Supervisory Committee (JISC) made recommendations for Joint Implementation (JI) to evolve beyond 2012 into a more decentralized mechanism where host parties can implement activities under the international guidance and oversight of a new governing body, accountable to the Kyoto Protocol parties.

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African Ministerial Conference Releases Johannesburg Communiqué on Climate-Smart Agriculture [viewed]

A call to action14 September 2011: The African Ministerial Conference on Climate-Smart Agriculture concluded with the adoption of the Johannesburg Communiqué, which underscores the need to put climate-smart agriculture high on the political agenda.

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UNFCCC Publishes List of Organizations Applying for Observer Status [viewed]

UNFCCC13 September 2011: The UNFCCC Secretariat has published a list (FCCC/CP/2011/2) of new intergovernmental organizations (IGOs) and non governmental organizations  (NGOs) that have expressed a wish to be represented at sessions of the Conference of the Parties (COP) and its subsidiary bodies as observers.

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Event: Twelfth Meeting of the Major Economies Forum on Energy and Climate [viewed]

The twelfth meeting of the Major Economies Forum on Energy and Climate will convene in Washington, DC, at the U.S. Department of State. US Deputy National Security Advisor for International Economic Affairs, Michael Froman, will serve as chair. The meeting will take place at the level of leaders' representatives.  

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