Economics, Trade & Investment

GEF, IFC to Support Climate Change Mitigation Business Models [viewed]

20 October 2011: The International Finance Corporation (IFC), part of the World Bank Group, will launch a US$60 million financial mechanism to support alternative business models for climate change mitigation in developing countries, providing companies with strategies and tools to provide products and services aimed at reducing greenhouse gas (GHG) emissions.

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IDB Paper Highlights Microfinance Potential to Support Climate Change Adaptation [viewed]

October 2011: The Inter-American Development Bank (IDB) published a brief, authored by María Elena Gutierrez and Xavier Mommens, which highlights the potential for microfinance to support climate change adaptation, as well as the risks that climate change imposes on microfinance schemes.

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ILRI-Backed Adaptation Insurance Programme Pays Herders in Kenya [viewed]

21 October 2011: The International Livestock Research Institute (ILRI) has reported that the first payments for the index-based livestock insurance programme piloted in Kenya's Marsabit District have been provided to 650 insured herders.

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IDB and Nordic Development Fund Support Green Microfinance [viewed]

IDB18 October 2011: The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, has partnered with the Nordic Development Fund to launch a US$7 million programme to fund pilot microfinance activities for mitigation and adaptation to climate change in Latin America and the Caribbean.

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Caribbean Development Bank Supports CARICOM Climate Change Strategy [viewed]

13 October 2011: The Caribbean Development Bank's (CDB) Board of Directors approved, on 13 October 2011, a US$470,000 grant to the Caribbean Community Climate Change Centre (CCCCC) to help it coordinate the Caribbean Community's (CARICOM) climate change strategy and implementation plan.

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CDM Biogas Project in Nepal Awarded CERs [viewed]

World Bank13 October 2011: The World Bank's Nepal Biogas Program has successfully generated 92,000 Certified Emission Reductions (CERs) from biogas projects, with added benefits in terms of social development and health.

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Resource Efficient and Cleaner Production Conference Adopts Nairobi Declaration [viewed]

19 October 2011: The Global Network Conference on Resource Efficient and Cleaner Production (RECP) has concluded with the adoption of a declaration highlighting the role of RECP for achieving green growth and addressing climate change.

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GEF Reports to UNCCD COP 10 [viewed]

17 October 2011: The Global Environment Facility (GEF), acting for the first time as a financial mechanism to the UN Convention to Combat Desertification (UNCCD), is participating in a series of events at the 10th meeting of the Conference of the Parties (COP 10), taking place in Changwon, Republic of Korea, from 10-21 October 2011.

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Global Drylands: A UN System-wide Response Report Launched at UNCCD COP 10 [viewed]

20 October 2011: The report "Global Drylands: A UN System-wide Response," which was prepared by 18 UN agencies through the Environment Management Group (EMG), was launched during a side event at the tenth session of the Conference of the Parties to the UN Convention to Combat Desertification (UNCCD COP 10).

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Draft Green Climate Fund Governing Instrument Forwarded to Durban [viewed]

UNFCCC18 October 2011: The fourth meeting of the Transitional Committee (TC 4) for the design of the Green Climate Fund (GCF) aimed to conclude discussions for the design of the GCF ahead of the 17th session of the Conference of the Parties (COP 17) to the UNFCCC, scheduled to take place in Durban, South Africa, at the end of 2011.

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