Finance

Event: Fourth High Level Forum: The Path to Effective Development [viewed]

The Fourth High Level Forum of Development Assistance Committee (DAC) donors and developing country signatories to the Paris Declaration of 2005 will take place in Busan, Republic of Korea, from 29 November-1 December 2011. Ministers and specialists will evaluate progress made since the third High Level Forum in 2008 and set out a new framework for increasing the quality of aid in order to achieve the UN Millennium Development Goals by 2015. Priority areas for the forum will be: predictable aid; use of country systems; an end to policy conditionality; country-driven capacity development; mutual accountability; and reduced transaction costs.  

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UNDP Supports Climate Finance Meeting for Pacific Island Countries [viewed]

UNDP15 April 2011: The UN Development Programme (UNDP) organized a Pacific National Stakeholders Meeting on Climate Financing on 14-15 April 2011, in Koror, Palau. The two-day meeting brought together representatives of ten Pacific countries to discuss means of increasing their access to climate funds and using them sustainably, and options available to Pacific Island countries to access and effectively deliver climate change adaptation initiatives.

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EU Launches Consultation on Implementation Rules for ETS [viewed]

15 April 2011: The Directorate-General for Climate Action of the European Commission has launched a public consultation on two forthcoming regulations related to the implementation of the EU Emissions Trading System (ETS) concerning monitoring and reporting of greenhouse gases (GHGs), accreditation of verifiers and verification of annual emission reports.

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European Commission Proposes to Overhaul Energy Taxation [viewed]

13 April 2011: The European Commission has unveiled a proposal to overhaul the rules on the taxation of energy products in the EU. The proposal includes new rules to restructure the taxation of energy products to remove current imbalances and take into account both their emissions and energy content.

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OLADE, UNEP Promote Solar Energy in LAC [viewed]

8 April 2011: The Latin American Energy Organization (OLADE) has partnered with the UN Environment Programme (UNEP) to help the latter implement in Latin America and the Caribbean (LAC) its "Global Solar Water Heating Market Transformation and Strengthening Initiative," which is funded in part by the Global Environment Facility (GEF). 

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UNGA Adopts Resolution on NEPAD Implementation [viewed]

April 2011: The UN General Assembly (UNGA) has adopted a resolution (A/65/L.69) at its 65th session under agenda item 62 (a) on the New Partnership for Africa's Development (NEPAD), regarding progress in implementation and international support. 

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UNFCCC Parties Select Transitional Committee for Green Climate Fund [viewed]

15 April 2011: Parties to the UNFCCC have selected the 40 members of the Transitional Committee that will be in charge of designing the Green Climate Fund, the new institution agreed upon in Cancun that will manage long-term finance mobilized to enable developing countries to address climate change.

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UNEP Convenes Business Leaders in Debate on Green Economy [viewed]

14 April 2011: The UN Environment Programme (UNEP), in collaboration with the International Chamber of Commerce (ICC) and the French postal service Le Groupe La Poste, convened the 2011 Business and Industry Global Dialogue, from 11-12 April 2011, in Paris, France.

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IDB Launches Sustainable Emerging Cities Platform [viewed]

25 March 2011: Inter-American Development Bank (IDB) President Luis Alberto Moreno has announced the creation of a platform to work with 140 fast-growing "intermediate" cities (those with populations between 100,000 and two million) in Latin America and the Caribbean (LAC), to analyze their sustainable urban development challenges, propose solutions, prioritize investments and identify funding from national and international sources. 

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Event: World Bank Webinar on Climate Investment Funds [viewed]

This will be the first webinar of the Climate Investment Funds (CIF) Webinar Series. Presentations will be given by representatives of key institutions responsible for the management and operations of the CIF to provide participants with a clear and detailed introduction to the CIF's mission, objectives, governance, and operations, following which representatives from CIF pilot countries will provide their perspectives on working with the CIF to finance their countries' low-carbon and climate-resilient investment priorities. Finally the online and in-person audience will have an opportunity to engage with the speakers in a Q&A session.  

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