Finance

Adaptation Fund Board Accredits National and Regional Implementing Entities [viewed]

Adaptation Fund27 June 2011: At its 14th meeting, held in Bonn, Germany on 22 June 2011, the Adaptation Fund Board approved US$17.4 million in grant funding and accredited the National Environment Fund of Benin as the fourth National Implementing Entity and the West African Development Bank as the first Regional Implementing Entity.

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Policy Update #9: What Can a Deal in Durban Deliver? [viewed]

The recent negotiations in Bonn, Germany, under the UN Framework Convention on Climate Change (UNFCCC) offer clues about what might be achieved at the end-of-year conference in Durban, South Africa.

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AUC Session Opens with Calls for Investments in Sustainable Youth [viewed]

27 June 2011: Speaking at the opening of the 19th ordinary session of the Executive Council of the African Union Commission (AUC), leaders of the AU and other Africa regional organizations highlighted Africa's economic progress and called for a greater role and support for Africa's youth in efforts to achieve sustainable development.

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Stakeholders Share Experiences on Climate Investment Funds [viewed]

25 June 2011: The 2011 Climate Investment Funds (CIF) Partnership Forum took place from 24-25 June 2011, in Cape Town, South Africa, and provided an opportunity for CIF stakeholders to: share their experiences of how the CIF are working in their countries; exchange lessons learned about what is most effective and discuss how the CIF can be expanded or improved; share on-the-ground achievements, challenges and knowledge; and help other CIF stakeholders apply lessons learned.

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Sixth Asia Clean Energy Forum Focuses on Energy Poverty, Business Models [viewed]

Opening Plenary for the Sixth Asian Clean Energy Forum24 June 2011: The Asian Development Bank's (ADB) Sixth Asia Clean Energy Forum 2011, themed “New Business Models and Policy Drivers - Building the Low-Carbon Future,” took place from 22-24 June 2011 in Manila, Philippines, preceded by preparatory meetings from 20-21 June. The Forum was framed around four overarching thematic areas: policy and regulation; financing and investment; innovative business models; and energy for all.

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UNCTAD Public Symposium Discusses Transition to Green Economy [viewed]

UNCTAD23 June 2011: Panelists speaking at the third Public Symposium of the UN Conference on Trade and Development (UNCTAD) discussed how the transition towards a green economy can be achieved in a manner that is fair and equitable, and supports efforts to raise living standards in developing countries.

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IDB Supports Lending for Green Projects in Latin America [viewed]

IDB23 June 2011: The Inter-American Development Bank (IDB) will lend US$50 million to the Portuguese financial institution Banco Espirito Santo de Investimento SA (BESI), which will in turn lend towards infrastructure, renewable energy and energy efficiency projects in Latin America.

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World Bank, CIF Fund Climate Resilient Urban Improvements in the Caribbean [viewed]

World Bank23 June 2011: The World Bank Board of Directors has approved two projects in the Caribbean, amounting to US$47.12 million, to improve the safety of their buildings from the impacts of climate change and increase their public institutions' capacity to assess natural risks. The funding is from the Climate Investment Funds (CIF) Pilot Program for Climate Resilience (PPCR), which is geared toward vulnerable countries and small island developing States (SIDS).

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World Bank Finances Education for Low Carbon Development in Guyana [viewed]

World Bank23 June 2011: The World Bank approved a US$10 million loan to strengthen Guyana's science and technology tertiary education and advance its Low Carbon Development Strategy, through funding provided by the International Development Association (IDA).

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Vienna Energy Forum Addresses Universal Energy Access [viewed]

Vienna Energy Forum 201123 June 2011: The Vienna Energy Forum 2011, which took place from 21-23 June 2011 in Vienna, Austria, addressed the theme “Energy for All – Time for Action.” The Forum focused on energy poverty and increasing energy access in developing countries.

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