Finance

Tanzania Develops Tool to Assess the Costs of REDD+ Projects [viewed]

5 October 2012: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) has announced that Tanzania has released a report on estimating cost elements of REDD+ (reducing emissions from deforestation and forest degradation in developing countries, and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks).

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UN-Energy Newsletter Highlights Appointment of Kandeh Yumkella as CEO for SE4ALL Initiative [viewed]

UN-Energy9 October 2012: UN-Energy, in its recently published newsletter, has highlighted new leadership for the Sustainable Energy for All (SE4ALL) Initiative, announcing the UN Secretary-General's invitation to UN Industrial Development Organization's (UNIDO) Director-General and Chair of UN-Energy, Kandeh Yumkella, to become the chief executive of the Initiative.

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ECLAC, GIZ to Implement Joint Programme on Low-Carbon Growth and Social Cohesion [viewed]

ECLAC3 October 2012: The UN Economic Commission for Latin America and the Caribbean (ECLAC) and the German International Development Agency (GIZ) have signed the implementing contract for a two-year, €4,725,000 cooperation programme on low-carbon economic growth and social cohesion in Latin America and the Caribbean (LAC), which was agreed by ECLAC and Germany's Federal Ministry for Economic Cooperation and Development (BMZ) in November 2011.

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IFAD Launches Adaptation for Smallholder Agriculture Programme [viewed]

4 October 2012: The International Fund for Agricultural Development (IFAD) has launched a new programme to channel climate and environmental finance to smallholder farmers in an effort to leverage a greater impact on climate change resilience through IFAD's new annual investments of approximately $1 billion.

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UNFCCC Executive Secretary Outlines "What is Being Done" on Climate Change [viewed]

Christiana Figueres, UNFCCC Executive Secretary8 October 2012: Delivering a lecture titled “Is anything being done on climate change?” at the Central Bank of Barbados in Bridgetown, Barbados, Christiana Figueres, UNFCCC Executive Secretary, conveyed three messages, namely that: climate change is happening; the world is doing something about it, "not enough, but we are walking in the right direction;" and much more can be done at the national level.

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EcoMicro to Support Four Latin American Microfinance Institutions [viewed]

EcoMicro4 October 2012: EcoMicro, a technical assistance programme co-financed by the Inter-American Development Bank (IDB) Group, announced it will help four microfinance institutions (MFIs) from Bolivia, Mexico, Nicaragua and Peru to develop "green" financial products that promote clean energy and energy efficiency, and reduce the vulnerability of their portfolios to climate change impacts.

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UNFCCC Publishes EU's Views on Developing Guidance to the GEF [viewed]

EU5 October 2012: The UNFCCC Secretariat has published the submission from Cyprus and the European Commission containing their views and recommendations on elements that should be taken into account in developing guidance to the Global Environment Facility (GEF) (FCCC/SBI/2012/MISC.10).

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UNEP, GEF Release Toolkit to Foster Transition to Efficient Lighting in Developing Countries [viewed]

9 October 2012: The UN Environment Programme (UNEP) and the Global Environment Facility (GEF) have released a new en.lighten Toolkit, titled “Achieving the Transition to Energy Efficient Lighting,” which provides guidance for developing countries to transform their markets to more efficient lighting.

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Event: World Climate Summit 2012 [viewed]

The third annual World Climate Summit, which is organized alongside the 18th session of the Conference of the Parties (COP 18) to the UN Framework Convention on Climate Change (UNFCCC), will bring together government leaders and representatives from the business and finance community to discuss issues related to a low-carbon economy and industrial, financial, political and innovation drivers to accelerate progress in mitigating and adapting to climate change. The meeting will focus specifically on Qatar and the Middle East. Topics of discussion include: public-private partnerships; renewable energy; agriculture and water; emission reductions; transportation; carbon pricing; and energy efficiency.  

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OECD Study Finds Higher Fossil Fuel Prices Stimulate Renewable Energy Technology Innovation [viewed]

OECD14 September 2012: A new working paper by the Organisation for Economic Co-operation and Development (OECD), titled "The Determinants of Invention in Electricity Generation Technologies: A Patent Data Analysis," studies the effect of fossil fuel prices on technological invention and finds positive impacts on renewable energy technologies. 

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