May 17, 2012
- The Inter-American Development Bank (IDB) and SAAB, a defense and security company, agreed to undertake joint activities to support IDB's sustainable cities platform. The initiative seeks to develop long-term environmental, fiscal and urban management strategies and to account for the various negative impacts of climate change.
May 14, 2012
- The World Bank presented the results of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) project, a programme that designed an insurance facility to allow countries to receive rapid access to emergency financing based on the occurrence of severe weather events, rather than on measuring damages.
May 11, 2012
- The 45th meeting of the Asian Development Bank (ADB) took place in the context of growing inflation, spikes in fuel prices and worsening impacts of climate change in the Asia Pacific region. Participants discussed the need to promote green growth and food security, build resilience in urban centers, and promote trade between Asia and Latin America.
May 7, 2012
- The Climate Investment Funds (CIF) held meetings of their trust fund committees and sub-committees to review the programmes carried out to promote climate resilience, renewable energy and forests. Participants approved new projects and reviewed progress on existing initiatives in Tonga, Dominica, Yemen, Ethiopia, Chile, Nigeria, India and Brazil.
May 4, 2012
- The Central American Bank for Economic Integration (BCIE) granted a partial credit guarantee to a Honduran bank to help finance a small hydroelectric project in that country that is expected to cut Honduras' annual greenhouse gas emissions by 10,703 tons of CO2.
May 3, 2012
- Participants at an ADB seminar, titled "Vulnerable cities: Waking up to the need for urban disaster risk management," discussed the merits of and mechanisms for investing in disaster risk reduction (DRR). The seminar was based on the recognition that global dynamics, such as urbanization, climate change, and environmental degradation, are increasing society’s disaster risks, and in some locations disasters are undoing development gains.
- The Climate Investment Funds (CIF) has released a video on climate change in Dominica, which highlights the threats posed by extreme weather events to Caribbean islands, and the adoption of a climate change strategy by Dominica to confront these challenges.
May 2, 2012
- The Inter-American Development Bank (IDB) will manage the CAD$250 million Canadian Climate Fund for the Private Sector in the Americas to mobilize private sector investment in LAC in cleaner technology, renewable energy, energy efficiency, greenhouse gas (GHG) emission reductions in agriculture and forestry, as well as adaptation projects.
May 1, 2012
- This workshop is being organized by the Asian Development Bank (ADB), the Institute for Global Environmental Strategies (IGES) and the UN Framework Convention on Climate Change (UNFCCC) Secretariat, in collaboration with the UN Environment Programme (UNEP) Risoe Centre. The aim of the workshop is to provide a platform for participants to share best practices and key lessons, enhance their knowledge on the Clean Development Mechanism (CDM) and discuss technical, financial, and policy issues...
- The AfDB Green Bank Initiative has reported that it has contributed to large saving in resource use between 2007 and 2011, including the reduction of energy use equating to 91 tons of oil or 565 tons of CO2 emissions, and annual paper use by 48 tons.