Finance

August Bonn Climate Change Talks Consider Gap Between Commitment Periods, Forward Drafts to October Talks [viewed]

6 August 2010: The 11th session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 11) and the 13th session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 13) took place from 2-6 August 2010, in Bonn, Germany, bringing together over 1650 participants.

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World Bank Supports Climate Risk Preparedness in Moldova [viewed]

5 August 2010: The World Bank approved a US$10 million project to manage climate and disaster risks in Moldova, through strengthening the State Hydrometeorological Service's ability to forecast severe weather and improving Moldova's capacity to prepare for, and respond to, natural disasters.

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UN-REDD Discusses Monitoring Activities [viewed]

3 August 2010: In the latest UN-REDD Programme media release, Peter Holmgren, UN Food and Agricluture Organization (FAO) Coordinator for the UN-REDD Programme, describes the importance of measuring, reporting and verification (MRV)  for reducing emissions from deforestation and forest degradation in developing countries, conservation, sustainable management of forests and enhancement of carbon stocks (REDD+), and outlines challenges countries face in setting up national monitoring systems.

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World Bank Releases Energy Outlook in Eastern Europe and Central Asia [viewed]

August 2010: The World Bank has released a report on the energy outlook in Eastern Europe and Central Asia region, warning that following the recent economic downturn, the energy demands of this region will again require strong investment in new energy sources, raising environmental and carbon footprint concerns.

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UNEP Launches 2011 Sasakawa Prize [viewed]

29 July 2010: The UN Environment Programme (UNEP) and the Nippon Foundation have announced that nominations are being accepted for the 2011 Sasakawa Prize, which aims to identify innovative environmental projects in the developing world. The 2011 theme is “Forests for People and for Green Growth,” in support of the 2011 International Year of Forests.

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Event: World Climate Summit [viewed]

The UN Global Compact and the UN Environment Programme Finance Initiative (UNEP FI) are the strategic UN partners of the World Climate Summit, which will be held during the 16th session of the Conference of the Parties to the UNFCCC (COP 16), to be held in Cancún, Mexico. The Summit will convene business, finance and government leaders to discuss how to accelerate and collaborate on economic solutions to climate change.  

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Event: 42nd Meeting of the Pacific Islands Forum [viewed]

The Pacific Islands Forum is a regional political and economic policy institution comprising 14 Pacific Island countries, Australia and New Zealand. This meeting, marking the 40th anniversary of the Forum, will be hosted by the Government of New Zealand. The schedule is as follows: Smaller Island States Leaders' Meeting, and Pacific ACP Leaders' Meeting, 6 September; Official opening of the 42nd PIF, and PIF Formal Session, 7 September; Forum Leaders' Retreat, 8 September; 23rd Post-Forum Dialogue Partners' Plenary Session, 9 September. Among other issues, the meeting will consider options for climate change resourcing.  

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High-level Advisory Group on Climate Change Financing Briefs UNFCCC Parties [viewed]

5 August 2010: The UN Secretary-General's High-level Advisory Group on Climate Change Financing (AGF) convened its third briefing to UNFCCC parties on 5 August 2010, on the sidelines of the UNFCCC talks in Bonn, Germany.

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Pacific Islands Forum Communiqué Addresses Climate Change [viewed]

5 August 2010: The 41st meeting of the Pacific Islands Forum, which took place in Port Vila, Vanuatu, from 4-5 August 2010, concluded with the issuance of a Communiqué, which contains a section on climate change.

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IFAD Supports Adaptation Efforts in Central America [viewed]

5 August 2010: On a recent visit to Guatemala, Kanayo Nwanze, President of the International Fund for Agricultural Development (IFAD), called attention to regional needs and approaches to fund green programmes to assist in climate change adaptation.

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