Finance

World Bank Signs Three New ERPAs for Biogas Projects in Mexico [viewed]

Banco Mundial8 November 2011: The World Bank signed three new emission reduction purchase agreements (ERPAs) with Bioenergía de Nuevo León, to buy 1 million carbon credits generated through a biogas plant in Monterrey, Mexico.

read more »

UNEP Risoe Centre Report Examines Perspectives on Post-2012 Carbon Markets [viewed]

15 November 2011: The UN Environment Programme (UNEP) Risoe Centre has released its annual Perspectives Series, titled “Progressing Towards Post-2012 Carbon Markets.” The publication explores ways in which national, regional and global level carbon markets can be developed and up-scaled to sustain the involvement of the private sector in leveraging finance and innovative solutions to reduce greenhouse gas (GHG) emissions.

read more »

GEF Climate Change Fund Supports Weather Risk Insurance in the Balkans [viewed]

GEF10 November 2011: The Special Climate Change Fund (SCCF), administered by the Global Environment Facility (GEF), is providing a US$5.5 million grant to develop the disaster and weather-risk insurance market and mitigate the negative impacts of climate change in Albania, FYR Macedonia, and Serbia.

read more »

IDB Funds Fuel Diversification and Renewables in Barbados [viewed]

IDB10 November 2011: The Inter-American Development Bank (IDB) has approved a US$70 million loan to support energy diversification and power saving efforts in Barbados, expected to save 4.5 million tons of carbon dioxide equivalent by 2029.

read more »

FCPF Releases 2011 Annual Report [viewed]

November 2011: The Forest Carbon Partnership Facility (FCPF), hosted at the World Bank, has released its annual report for the fiscal year 2011. The report highlights strengths and weaknesses of the Facility to date.

read more »

Report of the 15th Adaptation Fund Board Meeting Released [viewed]

Adaptation Fund14 November 2011: The Adaptation Fund has released the report of the 15th meeting of the Adaptation Fund Board (AFB), which was held from 15-16 September 2011, in Bonn, Germany. At the meeting, the AFB discussed issues related to accreditation of Regional Implementing Entities (RIE) and National Implementing Entities (NIE), as well as the application of a cap on funding for projects proposed by Multilateral Implementing Entities (MIE). 

read more »

UN-HABITAT Supports Youth Caravan to Durban [viewed]

14 November 2011: The UN Human Settlements Programme (UN-HABITAT) is supporting a caravan with 200 youth from Norway and Kenya, which started off from Nairobi, Kenya, and will end in Durban, South Africa, at the start of the 17th session of the Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change (UNFCCC). The caravan aims to bring awareness about climate change issues to communities through Kenya, Tanzania, Malawi, Zambia, Botswana and South Africa.

read more »

UNFCCC Publishes AWG-LCA Scenario Note for Durban [viewed]

14 November 2011: The UNFCCC Secretariat has published the scenario note (FCCC/AWGLCA/2011/13) for the fourth part of the 14th session of the Ad Hoc Working Group for Long-term Cooperative Action under the Convention (AWG-LCA 14). In the note, the AWG-LCA Chair calls on parties to produce concise text in each of the informal groups that can form the basis of a comprehensive AWG-LCA decision.

read more »

ADB Approves US$100 Million for Low Carbon Growth, Climate Resilience in Indonesia [viewed]

ADB10 November 2011: The Asian Development Bank (ADB) has approved a US$100 million loan to support the Low Carbon and Resilient Development Program in Indonesia, which the Government has pledged to use towards cutting greenhouse gas (GHG) emissions by 26 percent over business-as-usual by 2020. 

read more »

Ban, Norway's Prime Minister Discuss Sustainable Development, Climate Change [viewed]

Ban Ki-moon, UN Secretary General9 November 2011: UN Secretary-General Ban Ki-moon met with Norway's Prime Minister Jens Stoltenberg at UN Headquarters in New York, US, to discuss climate change and sustainable development, among other issues.

read more »