Regional Development Bank

January 2016 Climate Finance Update [viewed]

finace_climateFebruary 2016: During the month of January, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the World Bank and the Adaptation Fund, among others, reported on new funding approvals and other climate finance news. Multilateral Development Banks (MDBs), climate funds and the UN Environment Programme (UNEP) launched publications on, inter alia, blended climate finance, climate co-finance tracking and climate risk management.

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UNEP, IDB Cooperate to Support SDGs and Paris Agreement [viewed]

unep_idb20 January 2016: The UN Environment Programme (UNEP) and the Islamic Development Bank (IDB) have announced that they will cooperate on environmental conservation in support of the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change. The IDB is set to increase its financial support to the implementation of the Sustainable Development Goals (SDGs) to more than US$150 billion over the coming years.

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Event: ADB Board of Governors 49th Annual Meeting [viewed]

The annual meeting of the Asian Development Bank (ADB) aims to provide: guidance on ADB administrative, financial and operational directions; and the opportunity for member governments to interact with ADB staff, nongovernment organizations, the media and representatives of observer countries, international organizations, academia and the private sector. The annual meetings, which are held in a member country in late April or early May and include the participation of finance and economic planning ministers, senior government officials, representatives of multilateral development banks (MDBs) and investment bankers, aim to discuss challenges and explore solutions facing Asia and the Pacific.  

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Event: 2016 Annual Meetings of the Inter-American Development Bank and Inter-American Investment Corporation [viewed]

The 57th Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) and the 31st Annual Meeting of the Board of Governors of the Inter-American Investment Corporation (IIC) is intended to provide a forum for discussion among the institution's Governors, including finance ministers and central bank presidents, and representatives of multilateral financial institutions, development agencies and private banks. A series of seminars will take place prior to the opening of the meeting. In addition to meetings of the Boards of Governors, the meeting will include sessions on, inter alia: the private sector as an engine of growth for Latin America and the Caribbean (LAC); strengthening financing for the private sector to promote growth; consolidating LAC's participation in global value chains; the Caribbean's energy challenge; protecting productive ecosystems, including the coasts and the ocean, through an integrated approach; a “Blue Urban Agenda”; and the Road to Habitat III. The annual meetings take place in late March or early April each year.  

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ADB Brief Highlights Southeast Asia's Mitigation Potential and Climate Vulnerability [viewed]

ADB7 December 2015: In a briefing paper, the Asian Development Bank (ADB) estimates that the impacts of climate change could reduce gross domestic product (GDP) in Southeast Asia by up to 11% by the year 2100 if no action is taken, and highlights the potential for countries to limit their greenhouse gas (GHG) emissions, especially by avoiding deforestation.

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November 2015 Climate Finance Update [viewed]

november_climate_financeNovember 2015: During the month of November, the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the Green Climate Fund (GCF) reported on new financing, collaborations and other climate finance news. Multilateral Development Banks (MDBs), climate funds and forestry research centers launched studies, think pieces and multimedia content on, inter alia, climate-related disasters, vulnerability in Africa, stranded assets, Adaptation Fund activities and REDD+.

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Niger Basin Countries Adopt Climate Resilience Investment Plan [viewed]

wb_bassinniger27 October 2015: The countries of the Niger Basin have jointly developed a Climate Resilience Investment Plan (CRIP) that outlines 246 priority actions for building climate resilience. The nine member States of the Niger Basin Authority (NBA), Benin, Burkina Faso, Cameroon, Chad, Côte d'Ivoire, Guinea, Mali, Niger and Nigeria, collaborated on the Plan and pledged to advocate for technical and financial support to implement its priority actions.

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October 2015 Climate Finance Update [viewed]

adb_afdb_eib_ebdr_idb_cbd_wb_gcf_pmr_af_ifad_unepdtu_unfccc_un2 November 2015: During the month of October, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the World Bank, the Green Climate Fund (GCF), the Adaptation Fund and others reported on funding, project news and other climate-related finance developments. Multilateral development banks, environmental funds and UN entities also released studies, newsletters and reports on, inter alia, food security, access to finance, green bonds, black carbon and private sector climate finance.

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Africa MDG Report Reviews Progress, Looks Forward to SDGs [viewed]

UNECA28 September 2015: Despite challenging initial conditions, African countries have made progress on the Millennium Development Goals (MDGs), according to the 2015 edition of an Africa-focused MDG report. This year's report, titled ‘Assessing Progress in Africa Toward the Millennium Development Goals,' emphasizes that success in achieving the Sustainable Development Goals (SDGs) will depend on embracing the three dimensions of sustainability, and on “credible means of implementation,” including financing and renewed commitment.

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Event: FCPF Participants Assembly and Participants Committee Meeting [viewed]

Organized by the Forest Carbon Partnership Facility (FCPF), the twentieth meeting of the Participants Committee is expected to address the readiness package of Costa Rica and mid-term progress reports with requests for additional funding by Chile, Mozambique and Nepal. The eighth meeting of the Participants Assembly is expected to hear reports and address administrative and legal matters. A joint FCPF/UN-REDD Programme Knowledge Exchange Day is scheduled for 8 November.  

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