Finance

World Bank to Sell Adaptation Fund CERs through Bluenext Exchange [viewed]

World Bank17 November 2009: The World Bank, as trustee for the Adaptation Fund, has begun regular sales of certified emission reductions (CERs) through the BlueNext Exchange.

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UN Secretary-General Emphasizes Link Between Food Security and Climate Change at World Summit [viewed]

Ban Ki-moon16 November 2009: Speaking at the opening of the World Summit on Food Security, which is taking place from 16-18 November 2009, at UN Food and Agriculture Organization (FAO) headquarters in Rome, Italy, UN Secretary-General Ban Ki-moon stressed that “food security and climate change are deeply interconnected.”

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Civil Society Organizations Encouraged to Nominate Observers to Climate Investment Fund's Sub-Committees [viewed]

16 November 2009: The self-selection process for non-profit civil society observers on two sub-committees of the Climate Investment Fund's (CIF) Strategic Climate Fund – the Forest Investment Program (FIP) and the Scaling up Renewable Energy Program in Local Income Countries (SREP) – is accepting nominations to participate as observers during CIF meetings and to register to vote on the nominees.

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UNFCCC Releases Addendum to COP 15 Agenda [viewed]

UNFCCC13 November 2009: The UNFCCC Secretariat has released an addendum to the provisional annotated agenda (FCCC/CP/2009/1/Add.1) for the 15th session of the Conference of the Parties (COP 15) to the UNFCCC, which will take place from 7-18 December 2009, in Copenhagen, Denmark.

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World Bank Global Development Marketplace Awards US$4.8 Million to Innovative Adaptation Ideas [viewed]

developmentmarketplacelogo13 November 2009: The World Bank awarded close to US$5 million to 26 innovative climate adaptation projects, through a contest for community-based ideas to tackle the effects of climate change.

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ADB's Future Carbon Fund Receives US$20 Million Commitment from Republic of Korea [viewed]

Logo-adb13 November 2009: The Republic of Korea is the first Asian country to join the Asian Development Bank's (ADB) Future Carbon Fund, with a $20 million commitment to acquire post-2012 carbon credits.

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UNFCCC Publishes Report on the Progress and Outlook of the Expert Group on Technology Transfer [viewed]

UNFCCC12 November 2009: The UNFCCC has released an advance report by the Chair of the Expert Group on Technology Transfer (EGTT) evaluating its work in 2008-2009 and presenting its 2010-2011 work programme, to be considered at the 31st sessions of the Subsidiary Body for Scientific and Technological Advice (SBSTA), and Subsidiary Body for Implementation (SBI), to be held from 7-18 December 2009, in Copenhagen, Denmark.

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GEF's Transport Project in Mexico Wins Harvard Award [viewed]

GEF12 November 2009: The Roy Family Award for Environmental Partnership was awarded to the Global Environment Facility (GEF) and partners for their work on reducing greenhouse gas emissions through a sustainable transport bus project in Mexico City called Metrobus.

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CIF Calls for Nominations of Experts to Forest Investment Program [viewed]

cif-calls-for-nominations11 November 2009: The Climate Investment Fund (CIF) has called for nominations of experts to serve on the Expert Group for the Forest Investment Program (FIP), to work on the selection of country or regional pilots for the FIP.

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Climate Vulnerable Countries Issue Declaration for Copenhagen [viewed]

climatevulnerableforum10 November 2009: Maldives hosted a high-level climate change summit focusing on ‘climate vulnerable' States, from 9-10 November 2009, in Bandos Island Resort, with a view to drawing attention to the specific challenges, adaptation and green development needs of the States that are most vulnerable to global climate change.

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