Industrial Development

World Bank Supports Green Growth, Disaster Risk Management in Brazilian State [viewed]

World Bank1 May 2012: The World Bank approved a US$480 million loan to the State of Rio Grande do Sul, Brazil, to support a series of green growth projects in areas such as private sector development, public transport systems, education, and disaster risk management.

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European Commission Vice-President Kroes Calls for ICT to Build Sustainable Cities at Energy and ICT Conference [viewed]

EC3 May 2012: The European Commission Vice-President responsible for the Digital Agenda, Neelie Kroes, addressed the Smart Energy and Sustainable Information and Communications Technology (ICT) Conference, calling for Europe to use ICT to address the “challenge of managing energy resources.”

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World Bank Publishes Comprehensive Book on Low Carbon Urban Development in China [viewed]

Sustainable Low-Carbon City Development in China3 May 2012: The World Bank published a book titled, “Sustainable Low-Carbon City Development in China,” offering practical lessons to policymakers in China to organize and coordinate sustainable low-carbon urban development.

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World Bank Releases Study on Proactive Energy Transmission Expansion in Preparation for Scaling-Up Renewables [viewed]

World Bank2 May 2012: The World Bank is promoting proactive planning by transmissions utilities and regulators to ensure countries are capable of scaling up transmission capacity to allow expansion of renewable sources of energy required by low carbon development strategies.

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IFC Launches US Green Bond for Climate-Friendly Investments in Developing Countries [viewed]

27 April 2012: The International Finance Corporation (IFC), a member of the World Bank Group, has raised US$500 million for climate-friendly investments through the launch of its first green bond in the U.S. market.

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Caribbean Overseas Countries and Territories Council to Focus on Sustainable Development [viewed]

27 April 2012: High-level political representatives from ten Caribbean islands have formed the Caribbean Overseas Countries and Territories (OCT) Council, which will focus on sustainable development, including work on climate change and renewable energy, in its cooperation with the EU.

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BCIE Finances Hydropower Project in Honduras [viewed]

13 April 2012: The Central American Bank for Economic Integration (BCIE) has granted a partial credit guarantee to Banco Atlántida S.A. to help finance a small hydroelectric project in Honduras.

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IDB to Manage Canadian Climate Fund for the Private Sector in the Americas [viewed]

IDB30 April 2012: The Inter-American Development Bank (IDB) has been selected by the Canadian Government to manage the Canadian Climate Fund for the Private Sector in the Americas. The CAD$250 million Fund will focus on financing private sector climate mitigation and adaptation projects in Latin America and the Caribbean (LAC) that need concessional financing to become viable.

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UNFCCC Executive Secretary Addresses Philanthropists Forum [viewed]

Christiana Figueres, UNFCCC Executive Secretary18 April 2012: Speaking at the Annual Conference of the Global Philanthropy Forum, Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), called on philanthropists to fuel the existing "momentum for both the sustainability and the energy revolutions.”

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IFC Promotes Green Building Certification System [viewed]

April 2012: The International Finance Corporation (IFC), a member of the World Bank Group, has launched a Green Buildings Certification System (EDGE) to encourage companies to invest in sustainably-designed buildings.

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