Finance

CIFOR Releases Annual Report [viewed]

31 May 2011: The Center for International Forestry Research (CIFOR) has released its annual report, titled "Focus on Forests: Time to Act," which includes eight stories outlining CIFOR's global work.

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CIFOR's Newsletter Highlights REDD+ Workshops [viewed]

31 May 2011: The Center for International Forestry Research (CIFOR) has released the May issue of its News Update, which includes information on recent workshops on REDD+ (reducing emissions from deforestation and forest degradation  in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks).

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UNFCCC Publishes Documents for Bonn Session [viewed]

30 May 2011: The UNFCCC Secretariat has published further documents that will be considered during the upcoming 34th sessions of the Subsidiary Body for Implementation (SBI 34) and the Subsidiary Body for Scientific and Technological Advice (SBSTA 34) in Bonn, Germany, from 6-16 June 2011.

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BASIC Ministers Discuss Preparations for Durban [viewed]

29 May 2011: The seventh BASIC Ministerial Meeting on Climate Change took place in Zimbali, South Africa, from 28-29 May 2011, and was attended by ministers from South Africa, China, Brazil, India, China, and Argentina as chair of the G77, as well as the incoming Climate Change Conference President Maite Nkoana-Mashabane. Ministers discussed the work required to achieve a comprehensive and balanced outcome at the Durban Climate Change Conference in December 2011 to complete the mandate of the Bali Road Map.

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IEA and UNFCCC Executive Secretary Warn Against Risk of Failing to Reach the 2º Target [viewed]

30 May 2011: The International Energy Agency (IEA) has released estimates showing that greenhouse gas (GHG) emissions from world energy generation reached record levels in 2010, and that 80% of projected 2020 emissions from the power sector are already locked in, in the form of existing power plants or those under construction.

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EU-Japan Summit Focuses on Climate Change, Green Growth and Energy [viewed]

28 May 2011: President of the European Council Herman Van Rompuy, President of the European Commission José Manuel Barroso, and Japan's Prime Minister Naoto Kan reaffirmed the close partnership between the EU and Japan and discussed climate change, green growth and energy at the 20th EU-Japan Summit.

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World Bank Supports Improved Capacity in Hydropower Plant in Indonesia [viewed]

27 May 2011: The World Bank approved a US$640 million loan to build a pumped storage system in Indonesia's Upper Cisokan Pumped Storage Hydropower project, to allow the power plant to supply electricity in peak season.

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G8 Summit Adopts Deauville Declaration [viewed]

27 May 2011: The Leaders of the G8 met in Deauville, France, from 26-27 May 2011, to discuss, inter alia, green growth, climate change and biodiversity. The Summit concluded with the adoption of the G8 Declaration titled "Renewed Commitment for Freedom and Democracy."

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UNFCCC Publishes SB Documents [viewed]

27 May 2011: Among the documents that the UNFCCC Secretariat has published in the run up to the 34th sessions of the subsidiary bodies, which will take place place from 6-16 June 2011 in Bonn, Germany, are documents on the status of contributions, the status of submission and review of fifth national communications, and the third workshop under the work programme of SBSTA to revise the UNFCCC Annex I reporting guidelines.

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GEF Council Approves Programme that Includes Great Green Wall Initiative [viewed]

26 May 2011: The 40th meeting of the Global Environment Facility (GEF) Council, together with the tenth meeting of the Council of the Least Developed Country Fund (LDCF) and Special Climate Change Fund (SCCF), has approved an integrated land-use programme to fund investments to address priorities set by 12 African countries in West Africa and the Sahel.

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