Finance

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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World Bank to Implement Green Truck GEF Project in China [viewed]

13 April 2011: The World Bank approved a Global Environment Facility (GEF) project to demonstrate the local and environmental benefits of green truck technology to over 500,000 truck operators in the Guandong Province of China.

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Madrid Dialogue with GSP Calls for Ambitious Climate Action, Just Green Transition [viewed]

12 April 2011: At a dialogue organized by Sustainlabour in Madrid, international trade unions met with the UN Secretary-General's High-level Panel on Global Sustainability (GSP) and business and NGO representatives, to call for decisive and ambitious climate action in the lead-up to the UN Climate Change Conference in Durban, South Africa (UNFCCC COP 17/CMP 7) at the end of 2011, and the UN Conference on Sustainable Development (UNCSD, or Rio+20) in 2012.

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