Finance

Event: 42nd Meeting of the Pacific Islands Forum [viewed]

The Pacific Islands Forum is a regional political and economic policy institution comprising 14 Pacific Island countries, Australia and New Zealand. This meeting, marking the 40th anniversary of the Forum, will be hosted by the Government of New Zealand. The schedule is as follows: Smaller Island States Leaders' Meeting, and Pacific ACP Leaders' Meeting, 6 September; Official opening of the 42nd PIF, and PIF Formal Session, 7 September; Forum Leaders' Retreat, 8 September; 23rd Post-Forum Dialogue Partners' Plenary Session, 9 September. Among other issues, the meeting will consider options for climate change resourcing.  

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High-level Advisory Group on Climate Change Financing Briefs UNFCCC Parties [viewed]

5 August 2010: The UN Secretary-General's High-level Advisory Group on Climate Change Financing (AGF) convened its third briefing to UNFCCC parties on 5 August 2010, on the sidelines of the UNFCCC talks in Bonn, Germany.

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Pacific Islands Forum Communiqué Addresses Climate Change [viewed]

5 August 2010: The 41st meeting of the Pacific Islands Forum, which took place in Port Vila, Vanuatu, from 4-5 August 2010, concluded with the issuance of a Communiqué, which contains a section on climate change.

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IFAD Supports Adaptation Efforts in Central America [viewed]

5 August 2010: On a recent visit to Guatemala, Kanayo Nwanze, President of the International Fund for Agricultural Development (IFAD), called attention to regional needs and approaches to fund green programmes to assist in climate change adaptation.

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Greening the Blue Poll Shows Support for Purchase of Carbon Offsets [viewed]

4 August 2010: An informal poll carried out on the UN Greening the Blue website shows support for the UN purchasing of carbon offsets.

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UNDP, Ecuador to Protect Ecuadorian Amazon [viewed]

UNDP3 August 2010: UN Development Programme (UNDP) Associate Administrator Rebeca Gryspan and Ecuador's Foreign Minister Ricardo Patiño have signed an agreement establishing a trust fund to scale up the protection of the Yasuní National Park,  part of the Ecuadorian Amazon.

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IDB Supports Private Bank's Green Portfolio [viewed]

3 August 2010: The Inter-American Development Bank (IDB) approved a US$30 million loan to Banco de Galicia y Buenos Aires to create an innovative sustainable facility to scale up private sector financing for projects in the areas of renewable energy, energy efficiency and agriculture, among others.

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World Bank Launches Economics of Adaptation to Climate Change Synthesis Report [viewed]

3 August 2010: The World Bank has released the Synthesis Report of the study titled "The Economics of Adaptation to Climate Change," which estimates the costs of adaptation between US$70-100 billion per year between now and 2050.

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Climate Change Dominates Pacific Island Forum Meeting [viewed]

3 August 2010: The Pacific Islands Forum (PIF) is holding its 41st Annual Meeting in Port Vila, Vanuatu, from 3-6 August 2010, to give political guidance to the region, including on climate change.

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IDB Funds Geothermal Expansion in Nicaragua [viewed]

2 August 2010: The Inter-American Development Bank (IDB) will fund the expansion of geothermal power generation capacity in Nicaragua with a US$40 million loan to the company Polaris Energy Nicaragua S.A.

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