Finance

Second Meeting of "Caring for Climate" Initiative Convenes [viewed]

8 April 2010: The UN Global Compact's "Caring for Climate" initiative convened its second conference of signatories and stakeholders from 7-8 April 2010, in Geneva, Switzerland.

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Event: 9th DNA Forum [viewed]

The 9th Designated National Authorities (DNA) Forum will take place in Bonn, Germany.  

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Germany Announces 10 Million Euro Contribution to Adaptation Fund [viewed]

4 May 2010:  The Government of Germany has announced it will contribute 10 million Euros to the Kyoto Protocol's Adaptation Fund to support adaptation measures in developing countries that are particularly affected by climate change.

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ADB Supports Solar Photovoltaic Power Plant in Thailand [viewed]

3 May 2010: The Asian Development Bank (ADB) approved funding for a 73 MW solar power plant in central Thailand, which is likely to become one of the largest solar photovoltaic projects in the world.

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EIB Issues Climate Awareness Bonds [viewed]

30 April 2010: The European Investment Bank (EIB) and Daiwa Securities Group announced an issuance of Climate Awareness Bonds to finance the EIB's future lending projects in the fields of renewable energy and energy efficiency.

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Petersberg Climate Dialogue Gathers Environment and Climate Ministers [viewed]

4 May 2010: Germany and Mexico jointly hosted the Petersberg Climate Dialogue in Germany, from 2-4 May 2010, with a view to developing, in an informal framework, a political position in time for the next round of formal negotiations under the UNFCCC.

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AfDB Supports African Climate Change Institutions [viewed]

4 May 2010: The African Development Bank (AfDB) launched a project to support climate institutions in Africa from 2010-2012, for an estimated total of US$37 million.

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ADB Seminar Discusses Financing Climate Change in Asia and the Pacific [viewed]

2 May 2010: The Asian Development Bank (ADB) held a seminar on "Financing Climate Change and Sustainable Development Action in Asia and the Pacific" during its Annual Meeting, held in Tashkent, Uzbekistan, on 2-4 May 2010.

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Fourth GEF Assembly Documents Identify Climate Tipping Points [viewed]

May 2010: The Global Environment Facility (GEF) has published documents for the Fourth GEF Assembly, including a report of its Scientific and Technical Advisory Panel (STAP), which highlights that climate change is "even more dangerous than previously expected" and identifies a series of climate change tipping points (GEF/A.4/3).

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ADB Annual Meeting Launches Three-Gigawatt Solar Energy Initiative [viewed]

3 May 2010: The Asian Development Bank (ADB) announced a solar energy initiative to generate 3,000 megawatts of solar power over the next three years, with plans to invest US$2.25 billion and the potential to leverage an additional US$6.75 billion in co-financing.

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