Finance

UN Climate Change Conference Opens in Panama [viewed]

1 October 2011: The UN Climate Change Conference opened in Panama City, Panama, on 1 October, and is scheduled to conclude on 7 October 2011. The meeting comprises the third parts of both the 16th session of the Ad Hoc Working Group on Further Commitments (AWG-KP) and of the 14th session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA). 

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Eastern Partnership Summit Discusses Green Economy [viewed]

30 September 2011: The Heads of State or Government and representatives of Armenia, Azerbaijan, Georgia, Moldova, Ukraine, the EU and its member States met in Warsaw, Poland, on 29-30 September 2011, to renew their commitment to the objectives and continued implementation of the Eastern Partnership, including on the green economy, climate change and energy. 

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ADB Finances Hydropower Project Upgrade in India [viewed]

ADB30 September 2011: The Asian Development Bank (ADB) is financing transmission system upgrades in Himachal Pradesh in India tapping on hydropower resources.

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CDM Executive Board Agrees to Launch CDM Policy Dialogue [viewed]

UNFCCC29 September 2011: The report of the 63rd meeting of the Clean Development Mechanism (CDM) Executive Board is now available. Back-to-back with the 63rd meeting, the Board also held its annual strategy retreat and among other things, agreed to launch a policy dialogue to review past CDM experience and help ensure the readiness and positioning of the CDM to meet the challenges of the post-2012 period.

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Event: International Congress on Sustainable Transport [viewed]

The International Congress on Sustainable Transport (CITS) promotes mass transit systems in cities around the world and particularly in Latin America. It features conferences and workshops, on sustainable mobility, integrated transport in cities, and strategies to reduce transport's carbon footprint, during a three-day event. IDB is one of the sponsors of this event.  

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UNFCCC Newsletter Highlights Launch of New Module on Fast-Start Finance [viewed]

UNFCCC28 September 2011: The UNFCCC Secretariat has released the September 2011 edition of the UNFCCC newsletter, which features video messages from UNFCCC Executive Secretary Christina Figueres and from Maite Nkoana-Mashabane, Minister of International Relations and Cooperation of the Republic of South Africa and President-Designate of the 17th session of the Conference of the Parties (COP 17) to the UNFCCC.

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UN, ASEAN Discuss Climate Change and Disaster Management [viewed]

28 September 2011: UN Secretary-General Ban Ki-moon, General Assembly (UNGA) President Nassir Abdulaziz Al-Nasser, Secretary-General of the Association of Southeast Asian Nations (ASEAN) Surin Pitsuwan and others recently met to discuss collaboration on common priorities between the UN and the South-East Asian bloc.

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World Bank Backs Incandescent Light Bulb Replacement Programme in Mexico [viewed]

World Bank27 September 2011: The World Bank is funding the Sustainable Lighting Program, which aims to replace 47.2 million bulbs by the end of 2012 in Mexico, and to achieve a reduction of up to 2.78 million tons of carbon dioxide every year. 

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ECLAC Warns Caribbean Countries Against Costs of Inaction on Climate Change [viewed]

26 September 2011: A new UN Economic Commission for Latin America and the Caribbean (ECLAC) report estimates that mitigating and adapting to climate change could cost Caribbean countries 2-3% of their annual GDP between 2011 and 2050, but that the cost of inaction could be as high as 5% of annual GDP.

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World Bank Institute Offers e-Learning Course on Programmatic CDM [viewed]

World BankSeptember 2011: The World Bank Institute is offering an e-learning course on challenges and opportunities created by the Clean Development Mechanism (CDM) Programme of Activities (PoAs) instrument.

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