Finance

CCAD Workshop Considers REDD Strategies and Plans [viewed]

22 March 2012: The regional workshop on the follow up of the programme for reducing emissions from deforestation and degradation of forests in developing countries (REDD), implemented by the Central American Commission on Environment Development (CCAD) and the German Development Cooperation Agency (GIZ) (REDD/CCAD-GIZ Programme), discussed regional and national strategies to be implemented during 2012 by the eight member countries of the Central American Integration System (SICA).

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EBRD Funds First Wind Energy Farm in Mongolia [viewed]

20 March 2012: The European Bank for Reconstruction and Development (EBRD) is investing in the first privately-owned wind farm in Mongolia, the Salkhit wind farm.

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Aviation Summit Calls for Global Framework on Emissions Reductions [viewed]

22 March 2012: The sixth Aviation and Environment Summit discussed the contribution of the aviation industry to sustainable development. The Summit concluded with the adoption of an industry declaration titled "Aviation Benefits Beyond Boundaries," as a joint message to the UN Conference on Sustainable Development (UNCSD, or Rio+20).

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REEEP Reports on Expansion of South African Municipal Energy Efficiency Fund [viewed]

20 March 2012: The Renewable Energy and Energy Efficiency Partnership (REEEP) reports that the South African Government will continue and expand its Municipal Energy Efficiency Demand Side Management (EEDSM) fund for another three years, which will support energy efficiency improvements to public infrastructure at the municipal level.

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FAO Appeals to Build the Resilience of the Horn of Africa [viewed]

FAO23 March 2012: The Food and Agriculture Organization of the UN (FAO) has called for urgent funding to implement, over the next 90 days, a plan to give farmers and pastoralists in the Horn of Africa means to build resilience to future shocks. Activities for which the $50 million is being sought include crop and livestock production, and cash-for work programmes to restore infrastructure.

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GEF, UNDP Publish Overview of Joint Projects Results [viewed]

March 2012: The Global Environment Facility (GEF) and the UN Development Programme (UNDP) have published their annual report on joint projects financed during 2011 on ecosystems and biodiversity preservation, green development strategies, and sustainable use of water and ocean resources, among other topics.

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World Bank Helps Azerbaijan Reduce Gas Flaring [viewed]

World Bank23 March 2012: The World Bank has announced that its Global Gas Flaring Reduction (GGFR) partnership has supported Azerbaijan in reducing their gas flaring emissions by half since 2008, avoiding the waste of a quarter billion cubic meters of natural gas and greatly improving the environmental performance of its oil producing activities.

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KfW Grants CAF Credit Line on Climate Change and Clean Energy [viewed]

18 March 2012: The German Development Bank (KfW) has granted the Latin American Development Bank (CAF) a US$195 million line of credit for projects contributing to climate change mitigation.

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UNFCCC Releases GEF Submission on NAP Process in LDCs [viewed]

22 March 2012: The UNFCCC Secretariat has released a submission from the Global Environment Facility (GEF), as an operating entity of the financial mechanism for the operation of the Least Developed Countries Fund (LDCF), on how it could enable activities undertaken as part of the national adaptation plan (NAP) process in Least Developed Countries (LDCs) (FCCC/SBI/2012/MISC.3).

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UNFCCC Releases Submissions on Drivers of Deforestation [viewed]

23 March 2012: The UNFCCC Secretariat has released the submissions by parties on issues identified in decision 1/CP.16, paragraph 72 and appendix II, in particular on how to address drivers of deforestation and forest degradation, and on robust and transparent national forest monitoring systems as referred to in its paragraph 71(c) (FCCC/SBSTA/2012/MISC.1).

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