The US$ 7.2 billion Climate Investment Funds (CIF) wrapped up week-long meetings in Istanbul on November 6 with over US$ 500 million in financing allocated by the Trust Fund Committees and Sub-Committees for building climate resilience and disaster preparedness, REDD+, and clean technologies in developing countries.
Wind energy can make a valuable contribution to tackling climate change and lasting sustainable development. Poorly designed and sited wind farms, though, have been shown to have detrimental effects on bird and bat populations. In the lead-up to the CIF 2012 Partnership Forum, a session has been dedictedto showcase case studies on how to tackle this issue.
Representatives of more than 50 governments, plus civil society organizations, indigenous peoples, the private sector, the multilateral development banks and others will come together in Istanbul, Turkey over nine days of events that will culminate in the 2012 Partnership Forum of the Climate Investment Funds (CIF).
Watch the video to learn more about how the Climate Investment Funds are assisting 48 developing countries in achieving climate-resilient development and reducing their greenhouse gas emissions.
In September 2012, the Governments of Liberia and Tanzania welcomed the CIF and its implementing partners, including the African Development Bank, to begin exploring development of investment plans under the CIF’s Program for Scaling Up Renewable Energy in Low Income Countries (SREP).
African Development Bank staff joined the Government of Egypt and development partners, including other CIF partner development banks, at Egypt’s Zafarana and Gulf of Suez wind farms to learn from the country’s experience in managing wind energy project impact on birds and bats.
In September 2012, the Board of Directors of the African Development Bank approved $50.75 million in PPCR financing to two path-breaking projects in Niger and one in Mozambique to strengthen their populations’ resilience to climate change by improving hydro-meteorological methods, mobilizing water resources to boost food production, and climate-proofing agricultural supply chains.
CIF partners teamed up over summer 2012 to reflect on how the Forest Investment Program (FIP) is enhancing collaboration with other REDD+ efforts and partners at the country level. Discover what the Democratic Republic of Congo's forests are up against in this first video installment.
Caribbean nations are working to improve access to national and regional climate information, sharing knowledge and best practices, and implementing disaster risk management and climate adaptation practices. Over US$100 million from the PPCR is supporting the efforts of six countries: Dominica, Grenada, Haiti, Jamaica, Saint Lucia, and Saint Vincent and the Grenadines, as well as an overarching Caribbean regional program.
The Inter-American Development Bank (IDB) has approved a $2 million technical cooperation to Bolivia from the Climate Investment Fund (CIF) to help it design a pilot program to strengthen the La Paz-El Alto metropolitan area’s water and sanitation system against climate change.