16 March 2010: The Trust Fund Committee of the Clean Technology Fund (CTF), which met on 15 March 2009, in Manila, the Philippines, endorsed US$400 million in funding for Indonesia’s geothermal power sector to meet the Government’s goal of reducing greenhouse gas (GHG) emissions by 26% by 2020. read more »
9 March 2010: European Investment Bank (EIB) Vice-President Carlos da Silva Costa and Chile’s Ambassador to the EU, Carlos Appelgren, have signed a framework agreement that aims to foster sustainable growth through the financing of investment projects of mutual interest that, inter alia, support climate change mitigation policies.
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8 March 2010: The African Development Bank (AfDB) has issued a Clean Energy bond, denominated in New Zealand dollars, which will be offered to Japanese retail investors during the month of March.
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5 March 2010: The second Africa Carbon Forum, which was held from 3-5 March 2010, in Nairobi, Kenya, aimed at helping build on growing interest in the Clean Development Mechanism (CDM) in Africa, and concluded with expectations for a boost in Africa’s share of the global carbon market. read more »
March 2010: Documents for the 2010 Climate Investment Funds (CIF) Partnership Forum, which will gather CIF stakeholders to share lessons learned from the CIF design process and from early implementation of CIF-funded programmes, have been posted online. Also available online is a draft document titled “Looking Ahead for Lessons in the Climate Investment Funds: Emerging Themes for Learning,” which is open for comments.
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21 February 2010: A meeting of the Committee of African Ministers of Finance and Planning and Governors of Central Banks (Committee of Ten) recognized the importance of pursuing a low-carbon growth path, but emphasized that the additional costs to achieve it should not be at the expense of existing under-resourced development needs.
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22 February 2010: At the Unity Summit of Latin America and the Caribbean, which convened in Cancun, Mexico, Alicia Bárcena, Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), delivered a message on behalf of UN Secretary-General Ban Ki-moon noting that climate change is a “major inter-connected challenge.” read more »