Finance

World Bank's Climate Investment Funds Committee Identifies Recipient Countries for Adaptation Funds [viewed]

World Bank

30 January 2009: The Trust Fund Committees for the World Bank's Climate Investment Funds met on 27-30 January 2009, and identified which countries will be offered funding under the PPCR within the US$6 billion Climate Investment Funds. Bangladesh, Bolivia, Cambodia, Mozambique, Nepal, Niger, Tajikistan and Zambia have been invited to submit projects to the World Bank's Pilot Program for Climate Resilience (PPCR), which will provide about US$500 million for scaled up action and transformational change in integrating climate resilience in national development planning.

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ADB Funds Energy Efficiency Lighting in the Philippines [viewed]

ADB to Help Philippines Save $100 Million Yearly Fuel Cost by Using Energy-Efficient Lights

2 February 2009: The Asian Development Bank (ADB) approved a US$31.1 million loan for an energy-efficiency project in the Philippines that will provide 13 million energy-saving compact fluorescent lamps (CFL) to homeowners and businesses as part of a government push to save about US$100 million every year in fuel costs, and a deferral of an investment of US$450 million in power generation and associated network capacity. 

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World Bank Reports on CDM Wind Power Project in the Philippines [viewed]

The World Bank's carbon finance program provides clean electricity to poor communities and helps reduce emission of harmful greenhouse gases that cause climate change. It has also catalyzed the emergence of the carbon market that is transforming renewable energy financing in the Philippines.

2 February 2009: The World Bank has reported the success of a Clean Development Mechanism (CDM) wind-power project in Bangui Bay, where the Bank's carbon finance programme is funding a wind farm with a 33 MW capacity and the possibility to provide half the province's power needs.

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UNFCCC Executive-Secretary and UNEP Executive Director Call for Broad Agreement in Copenhagen [viewed]

 Davos Climate Focus: Ban Urges Leaders to Think Green & Steiner Promotes Design for Good

30 January 2009: UNFCCC Executive Secretary Yvo de Boer and UNEP Executive Director Achim Steiner participated in a panel on “Rising to the Challenge of Copenhagen,” at the World Economic Forum on 29 January 2009, in Davos, Switzerland. The panel was moderated by Thomas L. Friedman, Foreign Affairs Columnist, The New York Times, and included Jacques Aigrain, Swiss Re CEO, Al Gore, former US Vice-President and Nobel Laureate, Anders Fogh Rasmussen, Prime Minister of Denmark, and Jeroen van der Veer, Royal Dutch Shell CEO.

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World Bank Invites Youth to Write about Climate Change [viewed]

World Bank Invites Youth to Write about Climate Change

January 2009: The World Bank has launched its annual international essay competition. This year's edition focuses on how young people up to 25 years old are affected by climate change, and how to tackle it with youth-led solutions.

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World Bank's Annual Development Marketplace to Focus on Adaptation to Climate Change [viewed]

Development Marketplace

January 2009: The World Bank has launched its annual Development Marketplace competition for seed grants, which will be focused on innovations for climate change adaptation.

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ECA Executive Secretary Urges African Participation at COP 15 [viewed]

Statement by Mr. Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of ECA

29 January 2009: In a statement delivered at the 14th Ordinary Session of the Executive Council of the African Union, taking place in Addis Ababa, Ethiopia, Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), noted that although Africa' s economic performance is commendable, it is not sufficient to achieve the Millennium Development Goals and the continent now faces the pressing challenges of global financial crisis, climate change and the maintenance of peace and security. He stressed that the continent will bear most of the burden of climate change, and called for mainstreaming mitigation, adaptation, financing and technology issues into the African policy agenda.

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IUCN Releases Reports on Sustainable Bioenergy Production and Linkages between Energy, Ecosystems and Livelihoods in the Face of Climate Change Impacts [viewed]

January 2009: The International Union for Conservation of Nature (IUCN) has published two reports on sustainable bioenergy production and on linkages between energy, ecosystems and livelihoods.

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UNDP Welcomes Davos Emphasis on Climate Change [viewed]

UN Development Programme (UNDP)

29 January 2009: Commenting on the message on climate change “Shaping an Opportunity Out of Crisis” issued to the participants at the World Economic Forum taking place in Davos, Switzerland, the UN Development Programme (UNDP) welcomed the emphasis placed on addressing climate change at this year's edition of the event. 

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UNFCCC Secretariat Notifies Agenda, Requests Nominations for March-April Bonn Talks [viewed]

UNFCCC Secretariat

29 January 2009: The UNFCCC Secretariat has released a notification to parties and observer States to the UNFCCC and its Kyoto Protocol on the upcoming seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 7), and fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 5), which will take place in Bonn, Germany, from 29 March to 8 April 2009.

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