Finance

Event: Third Meeting of the Transitional Committee for the Design of the Green Climate Fund [viewed]

At its 16th session, the Conference of the Parties (COP) to the UNFCCC decided to establish a Green Climate Fund, with arrangements to be concluded between the COP and the Green Climate Fund to ensure that it is accountable to and functions under the guidance of the COP. The Green Climate Fund will support projects, programmes, policies and other activities in developing country Parties using thematic funding windows. The COP also decided that the Green Climate Fund shall be designed by a Transitional Committee, which comprises 40 members, with 15 members from developed country parties and 25 members from developing country parties, with members having the necessary experience and skills, notably in the area of finance and climate change. The Transitional Committee is to develop and recommend for approval to the COP at its 17th session to be held in Durban, South Africa, from 28 November to 9 December 2011, a number of operational documents for the Green Climate Fund.  

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UNFCCC Newsletter Reviews Efforts to Deliver on the Cancun Agreements [viewed]

28 July 2011: The UNFCCC Secretariat has published the July 2011 edition of its newsletter, which features a video message from Christiana Figueres, UNFCCC Executive Secretary, in which she takes stock of progress to deliver on the Cancun Agreements.

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UN-REDD Newsletter Highlights Participation at the Oslo REDD+ Exchange [viewed]

UNREDD Newsletter27 July 2011: The UN-REDD Programme has released the July 2011 issue of its newsletter, which highlights the UN-REDD Programme's participation in the Oslo REDD+ exchange, which took place from 23-24 June 2011, in Norway, focusing on matters related to REDD+ safeguards and policies addressing the underlying drivers of deforestation.  

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UNDP Assists Turkmenistan in Developing National Climate Change Strategy [viewed]

UNDP26 July 2011: The UN Development Programme (UNDP) and the Government of Turkmenistan have organized the Third Inter-ministerial Dialogue focusing on the Development of a National Strategy on Climate Change.

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World Bank Finances Geothermal Expansion in Indonesia [viewed]

World Bank26 July 2011: The World Bank has approved two loans to fund geothermal energy in Indonesia: a US$175 million loan from the International Bank for Reconstruction and Development (IBRD), and a US$125 million concessional loan from the Clean Technology Fund (CTF), on the basis of the project's positive impact on climate change.

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ASB Produces Policy Brief on Emissions Embodied in Trade and Land Use [viewed]

July 2011: The Alternatives to Slash and Burn Partnership for the Tropical Forest Margins (ASB) has released a policy brief titled "Emissions Embodied in Trade (EET) and Land Use in Tropical Forest Margins," which explores the role of commodities for export emerging from deforestation, forest degradation and agriculture.

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Event: Sustainable Energy in Latin America and the Caribbean: Contracting and Financing for Business [viewed]

The Inter-American Development Bank (IDB) seminar on "Sustainable Energy in Latin America and the Caribbean: Contracting and Financing for Business" will cover energy trends and developments in Latin America and the Caribbean, procurement opportunities arising out of IDB-financed projects, and financing opportunities available to companies.  

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ESCAP Report Identifies Opportunities for Climate-Smart Goods and Technologies [viewed]

25 July 2011: The UN Economic and Social Commission for Asia and the Pacific (ESCAP) has released the "Asia-Pacific Trade and Investment Report 2011: Post-crisis Trade and Investment Opportunities," which concludes that trade in the Asia-Pacific region has rebounded to pre-crisis levels and the potential of climate-smart goods remains untapped.

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EBRD Announces Energy Efficiency Loan for Romania [viewed]

21 July 2011: The European Bank for Reconstruction and Development (EBRD) has announced a €10 million corporate loan to finance energy efficiency projects in the Romanian municipal sector.

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Event: CIF Partnership Forum 2012 [viewed]

The Climate Investment Funds (CIF) Partnership Forum is an annual gathering of all stakeholders interested in the development of the CIF, to review work done and discuss further areas for action. The event will be co-hosted by the European Bank for Reconstruction and Development (EBRD).  

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