Latin America & the Caribbean

CCRIF Insures Caribbean Governments Against Excess Rainfall [viewed]

CCRIF4 August 2014: The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has announced that eight member countries have purchased its excess rainfall insurance coverage for 2014-2015.

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BASIC Call for Finalizing Elements of Draft Negotiating Text in Lima [viewed]

Indian Flag8 August 2014: The 18th BASIC Ministerial Meeting on Climate Change brought together representatives from Brazil, India, South Africa and China (BASIC), who adopted a joint statement emphasizing the need to finalize the elements of a draft negotiating text for the 2015 agreement at the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, to be held in Lima, Peru, in December 2014.

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Report Finds 'Coasts at Risk' in SIDS, Tropical States [viewed]

coastsatriskAugust 2014: Tropical and small island developing States (SIDS) are most at risk from exposure and vulnerability to coastal hazards, according to ‘Coasts at Risk: An Assessment of Coastal Risks and the Role of Environmental Solutions.' The report uses an indicator-based approach to assess risks from exposure and vulnerability to coastal hazards and identifies where environmental degradation increases these risks. The report then considers how environmental solutions, such as conservation and restoration, can contribute to risk reduction and conservation goals.

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July 2014 Climate Finance Update [viewed]

EIB-CIF-AfDB-EBRD-World Bank-GEF31 July 2014: During July 2014, the European Investment Bank (EIB) and the Global Environment Facility (GEF) have reported on climate investments. Both the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) announced partnerships with the Climate Investment Funds (CIF) for a variety of climate-related investments. The World Bank also announced additional funding to be provided by CIF.

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July 2014 Sustainable Energy Finance Update [viewed]

World Bank-EBRD-EIB-ADB-AfDB-IDB-CDB31 July 2014: During the month of July, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the Government of Germany, and other donors undertook activities and approved funding for sustainable energy projects in Armenia, Austria, Brazil, India, Indonesia, Israel, Kyrgyz Republic, Nepal, Poland, Sri Lanka, Tajikistan, Tunisia and Uruguay, among other countries.

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UN-REDD Newsletter Highlights South-South Exchanges [viewed]

unredd1 August 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) released the August 2014 edition of its newsletter, highlighting a regional workshop on National REDD+ Strategies for Latin America and the Caribbean.

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Latin American Workshop Improves Climate Services [viewed]

gfcs30 July 2014: A Regional Workshop on Climate Services at the National Level for Latin America convened with the aim of strengthening the provision of climate services, such as seasonal outlooks and El Niño forecasts, and tailoring them to user needs in Latin America.

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Mexico, California Enhance Cooperation on Climate Change [viewed]

california-mexico-flags28 July 2014: The Mexican Ministry of Environment and Natural Resources and its National Forestry Commission and the State of California, US, have signed a Memorandum of Understanding (MoU) on enhancing cooperation on climate change and the environment. The objective of the MoU is to promote bilateral actions in the areas of climate change, forest wildfires, air quality and clean transport through 2018.

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UNIDO Magazine Focuses on Partnerships and Financing for Development [viewed]

UNIDOJuly 2014: The 16th edition of the UN Industrial Development Organization (UNIDO) Magazine, ‘Making It' focuses on the theme ‘Partnerships and Financing for Inclusive and Sustainable Industrial Development.' The issue highlights potential ways to address environmental and social challenges in a sustainable and lasting manner, including through partnering with the private sector and harnessing industry's potential to achieve sustainable development.

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July 2014 Water Finance Update [viewed]

World Bank-AfDB-ADB-IDB-EBRD-GEFJuly 2014: The World Bank, the Global Environment Facility (GEF), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB) and the European Bank for Reconstruction and Development (EBRD) undertook a variety of activities during July. Projects were approved across Africa, Latin America, Asia and Europe, addressing issues such as transboundary water management, water, sanitation and hygiene (WASH) services, hydropower and climate resilience.

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