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CIFNews
Administrative Unit, Climate Investment Funds
T: 1.202.458.1801 | F: 1.202.522.2937 | cifnews@worldbank.org
1818 H St. NW, Washington D.C. 20433
www.climateinvestmentfunds.org
Recent updates to the CIF Voices (blogs), videos and news articles on CIF projects:
Snakes, Tomatoes, and Other Take Aways from the Asia-Pacific Dialogue on the GCF
Martha Stein-Sochas, CIF AU, Feb 26
Last week at the Asia-Pacific Dialogue on the Green Climate Fund (GCF), I heard many helpful suggestions and ideas from private sector participants on the GCF’s future Private Sector Facility, which aims to provide financing for climate action in the private sector. But no advice was more powerful than that of Paul Needham, President and Co-founder of Simpa Networks, who related to us the need to move quickly, take risks, and be catalytic.
Lessons from the field on CIF results monitoring and reporting
Emmanuel Kouadio, CIF AU, Feb 14
For the Climate Investment Funds (CIF), understanding the tangible results of its funding is essential to learning and accountability. It has been no small task to make monitoring and reporting (M&R) a reality across the four programs and 48 countries that comprise the CIF. But this year, 2014, all CIF pilot countries will report on results and annually thereafter.
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World Bank, Government of Samoa Launch Climate Resilience Program
World Bank, February 6
“The World Bank is committed to helping small island states manage pressing risks from natural disasters and climate change,” said Drees-Gross. “Through the Climate Investment Funds, we are proud to support Samoa in critical efforts to increase the resilience of coastal communities and infrastructure, which could help protect their very survival as well as long-term development.”
Keeping Partnership Strong as PPCR Planning Turns to Action in Samoa
Litara Taulealo, Ministry of Finance, Samoa, Feb 18
Last week the government of Samoa and the World Bank announced the launch of a new project to support climate change adaptation measures for coastal communities. Our Enhancing the Climate Resilience of Coastal Resources and Communities Project, supported by $14.6 million from the Pilot Program for Climate Resilience (PPCR), will assist 45,000 Samoans in coastal communities in adapting to climate change and climate variability, protect coastal infrastructure, and increase awareness about climate change impacts and adaptation activities among communities, civil society, and government entities.
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Drawing lessons from Turkey’s energy use, emissions and fuel mix
Sandy Ferguson, EBRD, Feb 5
One thing jumps out when looking at the Turkish Sustainable Energy Financing Facility (TurSEFF) report: with the right combination of financing, one can achieve substantial changes in energy use, emissions, and fuel mix in middle income countries.
Transforming Waste to Energy in Nepal
Nepal is part of the larger effort to expand energy access and markets for renewable energy in the world’s poorest countries. Today, Nepal is using SREP to develop large-scale commercial, institutional, and municipal bioenergy projects
Menengai Geothermal Power Plant in Kenya
Africa Express stopped in Kenya to learn more about geothermal power development at Menengai. SREP $25 million is supporting development of Menengai which envisions 120 wells injecting 400 megawatts of electricity into the national grid
AfDB facilitates private sector finance for climate-readiness in Niger, Mozambique and Zambia
AfDB, February 26
Over US $30 million in concessional funds has been made available for innovative private sector projects that seek to improve climate change adaptation or readiness in Niger, Mozambique and Zambia. This financing is part of the Pilot Program for Climate Resilience (PPCR), a financing window of the Climate Investment Funds (CIF)
Open Call to Private Sector
CIF AU, Feb 20
Access over $65 million in concessional financing set aside for innovative private sector projects in PPCR and SREP pilot countries. Proposals being accepted until March 31 (SREP) and April 30 (PPCR). Read more.
Rooted in Learning, Growing with Results
CIF AU, February 17
2013 was a year of growth for the CIF. The 2013 CIF Annual Report highlights emerging results, key lessons learned, and the momentum we are building for climate-smart development.
USELF Boosts Ukraine’s Renewable Energy Sector
EBRD, February 14
The first phase of the EBRD’s Ukraine Sustainable Energy Lending Facility (USELF) will deliver 200 GWh of renewable energy through an innovative combination of EBRD commercial financing, dedicated technical assistance support and
AfDB affirms its support for Power Africa, with a commitment of more than US $600 million
AfDB, February 13
In addition, under the aegis of the Climate Investment Funds, the Bank has led work on the Scaling-up Renewable Energy Program (SREP) Investment Plan for Tanzania and prepared jointly with the World Bank the Scaling-up Renewable Energy Program (SREP) Investment Plan for Liberia. This will lead to projects in both countries.
AfDB supports Ghana local communities with $14.55 million to reduce deforestation
AfDB, February 4
The project, called Engaging Local Communities in Reducing Emissions from Deforestation and Forest Degradation (REDD+) /Enhancement of Carbon Stocks, benefits from the support from the Climate Investment Funds’ (CIF) Forest Investment Program (FIP). It will directly benefit 12,000 people, half of them women, by providing capacity building, seeds and equipment, and financial incentives through benefit-sharing agreements to develop forestry, agroforestry and alternative livelihoods. The project will also indirectly benefit 175,000 people in the two regions.