Economics, Trade & Investment

IFC Issues US$1 Billion in Green Bond Program to Climate-Friendly Projects [viewed]

14 February 2012: The International Finance Corporation (IFC) has issued US$1 billion through its Green Bond Program. As the largest finance bond scheme so far, IFC aims to engage large-scale investors from the private sector to support climate change projects in developing countries.

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AfDB Reports on CIF Projects Implementation [viewed]

20 January 2013: The Energy, Environment and Climate Change Department (ONEC) of the African Development Bank (AfDB) released the second edition of the Bank's semi-annual report on its Climate Investment Funds (CIF) activities, which showcases expected results from projects underway in Kenya, Morocco, Mozambique, Niger and South Africa.

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UN Global Compact Special Advisor on Sustainable Development Appointed [viewed]

Brice Lalonde, former Executive Coordinator, UN Conference on Sustainable Development (UNCSD, or Rio+20)15 February 2013: The UN Global Compact has appointed Brice Lalonde (France) as Special Advisor on Sustainable Development. He will work with the Global Compact Office to develop close relationships and opportunities for collaboration with governments and other stakeholders on sustainable development and follow-up to the UN Conference on Sustainable Development (UNCSD, or Rio+20).

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IBD Fund Approved to Support Small Guyanese Enterprises in Low-Carbon Sectors [viewed]

IDB28 February 2013: Approved by it's Board of Directors on 27 February 2013, the Inter-American Development Bank (IDB) will administer a US$5 million grant program to support implementation of the portion of Guyana's Low Carbon Development Strategy (LCDS) devoted to expanding microfinance for micro and small enterprises in low-carbon sectors (LCSs).

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ClimDev-Africa Becomes Operational Further to ACP's Grant [viewed]

19 February 2013: The African Development Bank (AfDB) has reported that the ACP (Africa-Caribbean-Pacific) Group of States has granted €20 million to the special fund for the Climate for Development in Africa Programme (ClimDev-Africa). The grant will enable ClimDev-Africa to become operational.

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G20 Finance Ministers Call for Phase-out of Inefficient Fossil Fuel Subsidies [viewed]

16 February 2013: The Group of 20 (G20) Finance Ministers and Central Bank Governors' Meeting took place from 15-16 February 2013, in Moscow, Russian Federation, and concluded with the adoption of a communiqué in which G20 Finance Ministers commit to report on progress made to rationalize and phase-out, over the medium-term, inefficient fossil fuel subsidies that encourage wasteful consumption, while providing targeted support for the poorest.

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CIF Annual Report Focuses on the "Climate for Change" [viewed]

14 February 2013: The Climate Investment Funds (CIF) has released its 2012 annual report, titled "Creating the Climate for Change." In its fourth year of operations, the fund is in expansion with over 70 new countries asking for support.

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CEM Announces Online Availability of Global Atlas for Solar and Wind [viewed]

CEM - IRENA14 February 2013: The Clean Energy Ministerial (CEM) has announced the online availability of the Global Atlas for Solar and Wind, which provides data to facilitate the evaluation of renewable energy potentials.

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CCAFS Outlines Opportunities for Agricultural NAMAs [viewed]

November 2012: A policy brief from the Climate Change, Agriculture and Food Security Program (CCAFS) of the Consultative Group on International Agricultural Research (CGIAR) describes early experiences with the development of nationally appropriate mitigation actions (NAMAs) in the agriculture sector.

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IFAD Governing Council Meeting Forges Alliances for Smallholder Agriculture [viewed]

14 February 2013: The 36th Session of the International Fund for Agricultural Development (IFAD) Governing Council convened from 13-14 February 2013, in Rome, Italy, and focused on building partnerships to reduce poverty and ensure food security in rural communities worldwide.

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