Finance

World Bank Approves Energy Efficiency and Renewables Loan for Poland [viewed]

7 June 2011: The World Bank approved a 750 million Euro loan to support Poland's implementation of its Energy Policy of Poland Until 2030, adopted in November 2009 with the objective to: decrease energy consumption by 20% by 2020, compared to business as usual; increase the share of renewable energy in final energy consumption to 15% by 2020; and achieve a 20% reduction in greenhouse gas (GHG) emission target by 2020.

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FCPF/UN-REDD Stakeholder Engagement Guidelines Open for Comment [viewed]

6 June 2011: The UN-REDD Programme and the World Bank's Forest Carbon Partnership Facility (FCPF) have called for public comments on jointly developed guidelines on stakeholder engagement in REDD+ (reducing emissions from deforestation and forest degradation, sustainable management of forests, and conservation and enhancement of forest carbon stocks in developing countries) readiness, with a focus on the participation of Indigenous Peoples (IPs) and other forest-dependent communities.

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IDB Launches Carbon Finance Portal for Latin America [viewed]

2 June 2011: The Inter-American Development Bank (IDB), with support from the UN Environment Programme (UNEP) and the World Bank, has launched a web portal called "Finanzas Carbono," which is designed to provide a platform for dissemination of information on carbon markets to the Spanish-speaking world.

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UNFCCC Launches Finance Portal for Climate Change [viewed]

9 June 2011: The UNFCCC Secretariat has launched the first version of the Finance Portal for Climate Change, in response to a mandate by the Conference of the Parties (COP) requesting the Secretariat to collect information on activities funded in developing countries to implement the Convention.

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ICRAF Releases Reports on REDD+ and Stakeholder Engagement [viewed]

8 June 2011: The REDD ALERT Project at the World Agroforestry Centre (ICRAF) has released three papers that explore issues related to stakeholder perceptions of REDD+ (reducing emissions from deforestation and forest degradation  in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks) and economic gains.

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ASB, IISD Hold Workshops for REDD+ Negotiators in Cameroon and Viet Nam [viewed]

6 June 2011: The Alternatives to Slash and Burn Partnership for the Tropical Forest Margins (ASB) and the International Institute for Sustainable Development (IISD) recently organized two workshops on capacity building for REDD+ (reducing emissions from deforestation and forest degradation  in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks) negotiators and stakeholders.

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AfDB Invests in Solar and Wind Power in Sub-Saharan Africa [viewed]

6 June 2011: The African Development Bank (AfDB) is providing a US$365 million loan to South Africa to support its national electricity utility, Eskom, in implementing a US$1.3 billion renewable energy project to introduce concentrated solar power to sub-Saharan Africa and the first utility-scale wind power plant to South Africa.

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World Bank's Lighting Africa Initiative Reports Success Stories [viewed]

6 June 2011: The World Bank's Lighting Africa Initiative is showcasing examples of success in providing off-grid lighting to poor communities in Africa.

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Methodology for Calculating Mangrove Carbon Storage Approved [viewed]

6 June 2011: The Clean Development Mechanism (CDM) of the UN Framework Convention on Climate Change (UNFCCC) has approved a methodology for calculating mangrove carbon storage, which was developed by IUCN, the Secretariat of the Convention on Wetlands of International Importance (Ramsar Convention) and Sylvestrum.

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UNFCCC Publishes Revised SBI Documents [viewed]

6 June 2011: The UNFCCC Secretariat has published several revised documents, which will be considered during the 34th session of the Subsidiary Body for Implementation (SBI 34), including a revised provisional agenda (FCCC/SBI/2011/1/Rev.1) for SBI 34, a revised progress report (FCCC/SBI 2011/5Rev.1) on the work of the Consultative Group of Experts (CGE) on national communications from parties not included in Annex I to the Convention, and a revised document (FCCC/SBI/2011/INF.6/ Rev.1) on the status of submission and review of fifth national communications.

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