Green Climate Fund affirms its partnership with CDB

first_img CDB to Lend US$70M to The Bahamas and Saint Lucia,… You may be interested in… Oct 2, 2020 Share this on WhatsApp CDB, IDB Group to Boost Cooperation, Improve Lives of… Find Way for Private Sector to Assume Role as Jobs Generator… “CDB views the signing of this Accreditation Master Agreement as an important milestone in our relationship with GCF. This Agreement will catalyse our efforts to mobilise much-needed funding to build climate resilience in the Bank’s Borrowing Member Countries. We are looking forward to a productive partnership with GCF, having taken this very important step towards implementing innovative climate solutions in our region,” said Monica La Bennett, Vice-President (Operations), CDB. AMAs are the central instrument in the relationship between GCF and an Accredited Entity. They set out the basic terms and conditions as to how the Accredited Entity and GCF can work together for the use of GCF resources. The agreement is a prerequisite for all GCF Accredited Entities to implement GCF-approved projects. Accredited Entities are key to GCF’s climate finance work as they bring forward funding proposals to the Fund and then oversee, supervise, manage and monitor these proposals when approved. The Caribbean is one of the key priority regions for GCF due to its exposure to climate impacts and its needs of climate finance. To this date, GCF Board has approved a number of climate adaptation projects in Barbados, Grenada, Dominica and other Caribbean countries. During the second Structured Dialogue with the Caribbean in Grenada, senior policymakers and other stakeholders, including representatives from CDB, have been discussing the ways to improve regional cooperation on climate finance issues, to boost their engagement with GCF and to explore new investment opportunities. ### Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… center_img Aug 26, 2020 (Caribbean Development Bank Press Release) – The Green Climate Fund and the Caribbean Development Bank (CDB) on Friday signed a legal agreement to open doors for more climate finance projects in the Caribbean Region. The signing of the Accreditation Master Agreement (AMA) took place on the margins of the Green Climate Fund’s Caribbean Structured Dialogue meeting in Grenada, and which brought together regional stakeholders to plan climate action across the Caribbean Region. Javier Manzanares, GCF Executive Director a.i., welcomed the agreement and stressed its importance for increasing financial flows to climate projects in the region: “The Caribbean is particularly vulnerable to climate change devastating impacts and significant investments are needed in the region’s infrastructure to strengthen its resilience. The Caribbean Development Bank has a long and successful track record and I’m convinced that our partnership is a huge step towards unlocking new climate finance potential in the region. GCF is looking forward to new climate projects by CDB and to working together to accelerate climate action in the Caribbean”. Jul 14, 2020 UK provides further support to CDB Special Development Fund… Sep 29, 2020last_img read more

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Banks face group action over mortgages

first_imgMore than 300 homeowners who took out shared appreciation mortgages in the late 1990s are now set to sue the two banks as part of a group litigation arguing that these products were unfair. Barclays and Bank of Scotland, which is now part of Lloyds, sold the mortgages. The home loans allowed older borrowers to release cash from the equity in their property while deferring interest or loan payments until the property was sold. Borrowers would typically repay the bank up to 75% of any rise in the value of their home. Financial Timeslast_img read more

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Trump’s victory has major implications for global markets

first_img2016 appears to be the year of political decisions that alter the fabric of the major markets we all work in.The US is the second largest export market after Europe for the UK, so the political changes in 2016 are going to lead to new ways of both exporting and working globally.President elect Trump has made it very clear that he will be seeking to boost American jobs and I can see that this will lead to greater protectionism – though this appears to be aimed more squarely at China than the UK or Europe. That said, the way the RLB Global practice serves local markets with mainly local staff, backed by international expertise means that this is unlikely to have any major impact on us in the short term. The US is also a key investor in the UK and Theresa May has already signalled that she wants to maintain a strong commercial partnership with the USThe US is also a key investor in the UK and Theresa May has already signalled that she wants to maintain a strong commercial partnership with the US, so I would be surprised if we see a significant changes in US-UK investment patterns.Trump’s ticket was to create jobs through investment in manufacturing and infrastructure in the US and I believe it is also likely that we will see an increase in US military spending. RLB North America already works in all of these sectors and so if these plans are followed through that will be positive for business.From an overall global business perspective I think that the major effect will be on investor confidence and currencies – which we are already seeing. The key area to watch will be how Asia reacts – particularly if Trump follows through with his threat to put punitive import tariffs on Chinese goods. That could tip the balance on the recovery in China following the Chinese stock market crisis earlier this year, and if that happens then the whole global economy will be affected.Ann Bentley, global chairman of Rider Levett Bucknalllast_img read more

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Jylland contract stays with Arriva

first_imgDENMARK: Arriva has retained the contract to operate regional passenger services in western and central Jylland which it has run since 2003. The incumbent saw off bids for the replacement concession from DB Regio and the First Jylland joint venture of FirstGroup and DSB. The contract runs for eight years from December 2010, with an option for a two-year extension. It covers the operation of around 7·5 million train-km a year carrying 6 million passengers. Arriva will receive the ticket revenue plus a subsidy to ensure the provision of services to the quality specified by national transport authority Trafikstyrelsen, which said Arriva had made the cheapest bid, with a 10% drop in operating subsidy saving the government around DKr20m a year.last_img read more

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Nigeria launches nationwide campaign against Lassa fever

first_imgUN launches aggressive campaign against yellow fever Egypts Journalists Syndicate launches campaign against journalists detention Lassa fever is transmitted to humans from contacts with food or household items contaminated with rodent faeces or urine [File: Simon Akam/Reuters] Lassa fever is transmitted to humans from contacts with food or household items contaminated with rodent faeces or urine [File: Simon Akam/Reuters]The Nigerian government on Sunday flagged off a nationwide campaign to eradicate Lassa fever as the death toll from the disease has risen to more than 100 this year.Nigerian Minister of Environment Mohammad Abubakar urged Nigerians to protect their homes from rats and other rodents because they are the vectors through which the disease can be easily spread, especially where sanitation is poor.The minister said the ministry will ensure that the country’s environment is kept clean, which is the most effective way to prevent the disease.Lassa fever is an acute hemorrhagic disease caused by Lassa virus, which is transmitted to humans through contact with food or household items contaminated by rodent feces.Relatedcenter_img Zimbabwe launches diabetes awareness campaignlast_img read more

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PM defends House Speaker’s office

first_img Sharing is caring! LocalNewsPolitics PM defends House Speaker’s office by: Dominica Vibes News – August 1, 2018 Prime Minister Roosevelt SkerritPrime Minister Roosevelt Skerrit has defended the office which the Speaker of the House of Assembly Alix Boyd-Knight holds. Before moving a motion to have the House which was in session be adjourned sine die on Tuesday 31 July 2018, Mr. Skerrit said, “I think people don’t know or understand and not through any mischievous reasons…I don’t think there has been sufficient education of the public on the extent of the responsibilities of the Speaker of the House.”He said many think that the Speaker only shows up dressed in her black and gold robe to sit at her chair however said she is also an administrator. “I think in Dominica we never really accorded the Speaker of the House with the seriousness with which that office is.”He explained that in the United States the Speaker of the House is third in line to be President if a sitting President and Vice President dies. “In many countries it is like that and even in our constitution too I believe, in respect to President that the Speaker can in fact become the President.”In Dominica Mr. Skerrit said, the kind of respect and authority due to the Speaker is not given. “It’s a very demanding job.” Share 220 Views   one commentcenter_img Share Tweet Sharelast_img read more

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Dominica ranks 45 as least corrupt country on Transparency International’s Corruption index

first_imgDominica ranks at number 45 out of 180 countries on the list of least corrupt countries in the world for 2018, according to Transparency International’s Corruption Perceptions Index.This current ranking represents a drop of three places for Dominica from number 42 in 2017 and positions the country as the 3rd least corrupt of those Caribbean countries that are shown in the rankings.Barbados, at number 25, is the least corrupt country by comparison to its Caribbean neighbors.St. Vincent and the Grenadines is ranked at number 41, Saint Lucia is at 50 and Grenada is ranked 53rd.Internationally, Denmark tops the list and Somalia is in the cellar position at number 180.According to the Transparency International report, the United States’ falling score is a ‘red flag’, and has caused it to be knocked off the top 20 ‘cleanest’ list for the first time.Transparency International also stated in the report that with an average score of 44 for three consecutive years, the Americas region which includes the Caribbean, continues to fail in making any serious inroads against corruption. 421 Views   no discussions Sharing is caring! LocalNews Dominica ranks 45 as least corrupt country on Transparency International’s Corruption index by: – January 31, 2019 Tweetcenter_img Share Share Sharelast_img read more

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Causeway warning system trips from possible power outage, high winds

first_img RelatedBomb threat closes Causeway on eve of collapse anniversary  Editor’s note: This is a developing story.  By Gaige Davila editor@portisabelsouthpadre.com UPDATE: The Queen Isabella Memorial Causeway has reopened following a bomb threat that closed both lanes and left people in both Port Isabel and South Padre Island in traffic for several hours. The Causeway was reopened around 4…September 15, 2020In “News”After bomb threat, Causeway collapse memories resurfaceBy Gaige Davila editor@portisabelsouthpadre.com The City of Port Isabel hosted this year’s memorial ceremony for the 19th anniversary of the Queen Isabella Causeway Collapse, the morning after a bomb threat closed the bridge for more than eight hours. City leaders both South Padre Island and Port Isabel, some of them…September 19, 2020In “News”Apprehended and Arraigned: Suspects in Laguna Heights murder arrestedBy Gaige Davila editor@portisabelsouthpadre.com           Two suspects in the murder of Miguel Angel Aguilera Orduna, who was found dead in his Laguna Heights home on October 6, were arraigned on Thursday, October 17, in the Port Isabel municipal court, presided by Helen Delgadillo.  Nelson Orona Santiago,…October 17, 2019In “News” Photo by Gaige Davila.Safety barrier comes down, bridge access halted, reopened after nearly two hoursBy Gaige Davilaeditor@portisabelsouthpadre.comPhoto by Gaige Davila. UPDATE: Eastbound and Westbound lanes have been reopened as of 10:30 a.m. and 10:45 a.m.The Queen Isabella Memorial Causeway shut down on Wednesday morning just before 9:00 a.m. on February 26. The initial cause was thought to be high winds triggering the bridge’s warning system, installed after the Causeway’s 2001 collapse.A spokesperson with the Pharr District of the Texas Department of Transportation (TxDOT) said high winds can cause driver warning systems to trip, but the likely cause was a power outage on the Causeway, Port Isabel Police Department (PIPD) Chief Robert Lopez told the PRESS. The City of South Padre Island released a statement also saying the bridge’s closure and warning system triggering was due to a possible power outage.Lopez said PIPD is checking on the bridge and is waiting for a TxDOT representative to inspect the bridge. The spokesperson for TxDOT said the process should take 15 minutes once they arrive. Lopez told the PRESS they will arrive within 30 minutes. Photo by Gaige Davila.PIPD squad cars blocked access to the bridge minutes after the barrier came down, causing traffic lines down South Garcia street and Highway 100, in Port Isabel. Traffic from South Padre Island has also been stopped. Photo by Gaige Davila.center_img Sharelast_img read more

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UWF Closes Fall With Impressive Swims at FIT Panther Invitational

first_imgComplete Results (pdf)MELBOURNE, Fla. – Despite having difficult weather conditions at the outdoor pool at Florida Tech the past two days, the UWF swim team managed to emerge with some impressive performances, which included establishing or improving upon NCAA B-cut times in 17 of 18 events it competed in at the Panther Invitational. With the adjustment of the Saturday/Sunday schedule and the elimination of Sunday prelims, the group of UWF, FIT, North Florida and St. Leo concentrated on getting good times. Senior Paulina Szydlo highlighted the final day for the Argonauts with a 200 Breaststroke time of 2:16.30 that is a very strong B-cut. That is the second-fastest time in the country and just under two seconds shy of an automatic qualifying time. Senior Peggy de Villiers had a pair of good swims Sunday, helping the 400 Freestyle Relay record a B-cut in 3:31.29 with a leadoff 100 of 51.71 which ranks as the seventh-fastest in the country. She came back later with a 100 Butterfly time trial of 55.75 – good for the No. 3 time in the Division II ranks. Freshman Pia Hulley shaved more than two-and-a-half seconds off her previous B-cut time in the 200 Backstroke, touching in 2:01.15. She remains the holder of the third-fastest time in the nation, while her 100 Back time of 56.49 from Friday is ranked No. 6. UWF is off for the fall portion of the 2015-16 season and will return to the pool when it hosts the UWF Holiday Invite on Saturday, Jan. 2 at 11 a.m. Print Friendly Versionlast_img read more

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Yoshida takes gold, Hashimoto silver at worlds

first_img GET THE BEST OF THE JAPAN TIMES Tsukasa Yoshida poses with her gold medal during the medal ceremony for the under-57 kg women category of the 2018 Judo World Championships in Baku on Saturday. | AFP-JIJI RELATED PHOTOS BAKU – Tsukasa Yoshida won the women’s 57-kg division at the judo world championships on Saturday, while compatriot Soichi Hashimoto settled for silver in the men’s 73-kg class.Yoshida’s gold made it four for Japan from six divisions for men and women combined after three days of action at the National Gymnastics Arena in Baku, Azerbaijan.center_img In the women’s 57-kg final, world No. 2 Yoshida had an ippon victory over last year’s bronze medalist and world No. 5 Nekoda Smythe-Davis of Britain.The 22-year-old Yoshida claimed her first world championship title after settling for runnerup in her debut tournament last year.“There is a huge difference between winning gold and silver. I’m really happy, but I’m relieved,” Yoshida said.“I knew I was stronger than (Smythe-Davis),” she said. “The win is a huge confidence boost ahead of the (Tokyo Olympics).”She advanced to the final by beating Canada’s Christa Deguchi, who was born and raised in Japan but decided to represent her father’s home country to increase her chances of competing at the 2020 Summer Games.Deguchi took bronze along with defending champion and world No. 1 Sumiya Dorjsuren of Mongolia.Hashimoto failed to defend his title in the men’s 73-kg class, losing to South Korea’s An Chang-rim by ippon in the final. Iran’s Mohammad Mohammadi and Azerbaijan’s Hidayat Heydarov claimed bronze.Kosei Inoue, Japan men’s judo head coach, said Hashimoto had trouble with his right eye after hitting his head during his semifinal bout earlier in the day.“I didn’t have any vision in my right eye (during the final). But a loss is a loss,” Hashimoto said.“I’m going to start over from scratch so I can make use of this (defeat).”Some 750 judoka from 125 nations are scheduled to compete at the weeklong tournament. IN FIVE EASY PIECES WITH TAKE 5last_img read more

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