Finance

UNDP Promotes Hydropower in Afghanistan [viewed]

11 March 2011: The UN Development Programme (UNDP), in partnership with the Ministry of Rural Rehabilitation and Development of Afghanistan, has launched projects expected to provide clean water-driven energy to more than 6,200 households in rural and remote parts of Afghanistan. 

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UNFCCC Receives Submissions on Market and Non-Market Mechanisms [viewed]

21 March 2011: The UNFCCC Secretariat has received 19 submissions (FCCC/AWGLCA/2011/MISC.2) from parties on their views on matters relating to the establishment of one or more market-based mechanisms to enhance the cost-effectiveness of, and to promote, mitigation actions.

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GEF Amazon Project Delivers Biodiversity and Climate Change Benefits [viewed]

14 March 2011: The Global Environment Facility (GEF) is funding the second phase of the Amazon Region Protected Areas Project (ARPA), further to a successful first phase that allowed the designation of 24 million hectares as new protected areas and consolidated or established management and enforcement systems for over eight million hectares of the new protected areas.

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IDB Funds Geothermal Volcano Energy [viewed]

9 March 2011: The Inter-American Development Bank (IDB) is providing a US$30.3 million loan to expand geothermal energy provision in Nicaragua to use the country's volcanoes as sources of clean energy for 1/12 of the households in the country.

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Report of 48th Meeting of CDM Methodologies Panel Released [viewed]

21 March 2011: The UNFCCC Secretariat has published the report of the 48th meeting of the Clean Development Mechanism (CDM) Methodologies Panel, which convened from 7-11 March 2011, in Bonn, Germany. The Panel considered matters relating to methodologies for CDM project baselines and monitoring plans.

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World Bank Outlines Green Growth Strategy for China [viewed]

20 March 2011: Speaking at the China Development Forum held in Beijing, China, Sri Mulyani Indrawati, World Bank Managing Director, analyzed China's macroconomic situation, highlighting that the country is "taking on issues of global importance such as climate change."

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Caribbean Community Climate Change Centre Launches Newsletter [viewed]

11 March 2011: The Caribbean Community Climate Change Centre (CCCCC) has launched a new weekly newsletter publication titled "CCCCC News Update," which contains a review of climate change news and events relevant to the Caribbean region.

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Adaptation Fund Board Approves Projects in Solomon Islands, Eritrea and Ecuador [viewed]

18 March 2011: The Adaptation Fund Board has approved funding for projects in Eritrea, Ecuador and the Solomon Islands totaling US$19.5 million. The decisions were taken during the Board's 13th meeting, in Bonn, Germany, on 17-18 March 2011. The Board also approved a project concept from Uruguay that uses the Adaptation Fund's direct access modality for countries to access financing directly.

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IEA Paper Highlights Interactions of Policies for Renewable Energy and Climate [viewed]

18 March 2011: The International Energy Agency (IEA) has released a working paper by Cédric Philibert titled “Interactions of Policies for Renewable Energy and Climate.”

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SPREP Convenes Pacific Climate Change Roundtable [viewed]

18 March 2011: The Secretariat of the Pacific Regional Environment Programme (SPREP) convened the Pacific Climate Change Roundtable (PCCR) from 14-18 March in Alofi, Niue. Delegates discussed the establishment of a Pacific climate change fund that would be coordinated at the regional level but operated at the national level.

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