One of the first international meetings to focus on climate finance since the Copenhagen summit last December ended today with plans in place to mobilize some US$40 billion for country-led low carbon growth. The week-long meetings of the Climate Investment Funds (CIF), held at the Asian Development Bank (ADB) headquarters, also made progress on support [...]

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 [...]

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.
Hosted by the Asian Development Bank (ADB), the 15-19 March meetings are an opportunity to review the impact of Climate Investment [...]