Indonesia joins top rank of climate action leadership

Jakarta Post
March 23, 2010
Commentary  by Ursula Schaefer-Preuss and Katherine Sierra

One of the first international meetings to focus on climate finance since the Copenhagen summit last December ended here in Manila this week with plans to allocate some US$1.1 billion from the new multilateral Climate Investment Funds (CIF) for country-led, low-carbon growth in the Asia and Pacific region.

Read the full text of the Op Ed here.

Climate Investment Funds set to mobilize US$40 billion for country-led low carbon growth

Press Release
March 19, 2010

One of the first international meetings to focus on climate finance since the Copenhagen summit last December ended here in Manila today with plans in place to mobilize some US$40 billion for country-led low carbon growth.

Read the full text of the press release here.

Indonesia's Energy Sector Gets $400M from Global Climate Funds

Press Release
March 16, 2010

Indonesia's geothermal power capacity is set to nearly double following the endorsement of a new climate investment fund plan. The $400 million plan, endorsed by the Trust Fund Committee of the Clean Technology Fund (CTF), will help transform Indonesia's use of renewable energy and ultimately support the government to meet its long-term goal of reducing greenhouse gas emissions by 26% in 2020.

Read the full text of the press release here.

The New Face of Climate Leadership

Business World
March 16, 2010

Commentary -- Katherine Sierra and Ursula Schaefer-Preuss

Later this week, when government policymakers, civil society, and climate experts gather in Manila for a Global Forum on Climate Investment, they will find a new partner joining those countries leading efforts for climate action. The Philippines is not only providing a host site at the Asian Development Bank for the meeting; it is one of the first developing countries to introduce transformational policies linking energy and low-carbon development with a solidly funded plan to implement them....

Read the full text of article here.

ADB Hosts Climate Investment Forum to Scale up Asia's Response to Climate Change

Press Release
March 15, 2010

Senior government officials and climate change experts from around the world will gather in the Philippines this week to discuss financial measures to help developing countries mitigate greenhouse gas emissions and adapt to climate change.

Read full text of press release here.