Finance

IMF-World Bank Development Committee Encourages Collaboration with UNFCCC [viewed]

9 October 2010: The Joint Ministerial Committee of the Boards of Governors of the World Bank and the International Monetary Fund (IMF) on the Transfer of Real Resources to developing Countries (or Development Committee) met on 9 October 2010, in Washington DC, US. The meeting concluded with the adoption of a Communiqué in which ministers recognize the World Bank's work in the area of climate change, including the Climate Investment Funds (CIF), and encourage further collaboration with the UNFCCC.

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COFO 2010 Calls for 360 Degree Perspective on Forests [viewed]

8 October 2010: The 20th session of the UN Food and Agriculture Organization's (FAO) Committee on Forestry (COFO 2010), which convened from 4-8 October 2010, at FAO headquarters in Rome, Italy, was dominated by calls for an inter-sectoral approach to address problems facing forests.

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UNCTAD Convenes Meeting of Experts on the Green Economy [viewed]

8 October 2010: The UN Conference for Trade and Development (UNCTAD) convened an ad hoc expert meeting to discuss "The Green Economy: Trade and Sustainable Development Implications" from 7-8 October 2010, at the Palais des Nations in Geneva, Switzerland.

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Event: IDB Training Workshop on Climate Change: Corporate Environmental Responsibility and Market Mechanisms [viewed]

The regional workshop on “Climate Change: Corporate Responsibility and Market Mechanisms” will bring together experts from financial markets, corporate environmental responsibility and carbon markets to discuss experiences and opportunities for the private sector in these areas. This event is co-organized by the Inter-American Development Bank (IDB), the Sao Paulo Stock Exchange (BM&F BOVESPA) and the World Bank.  

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Event: IDB Workshop on Environmental Sustainability and Carbon Markets (in Spanish) [viewed]

The regional workshop on environmental sustainability and carbon markets will address challenges and opportunities for the financial sector in Latin America and the Caribbean and provide information for the identification of business opportunities. The workshop seeks to demonstrate that financial enterprises that adopt environmental strategies may gain competitive advantages.  

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World Bank Briefs NGOs on Consultations for Energy and Environment Strategies [viewed]

7 October 2010: The World Bank organized, on 7 October 2010, in Washington, DC, US, a briefing for NGOs regarding the recently completed first round of global multistakeholder consultations for updated strategies on Energy and Environment.

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EIB and AfDB Fund First Large-Scale Wind Project in Africa [viewed]

7 October 2010: The European Investment Bank (EIB) and African Development Bank (AfDB) agreed to provide EUR 45 million to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.

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UN/ISDR Calls on Lawmakers to Take Action on Disaster Risk Reduction [viewed]

7 October 2010: The UN International Strategy for Disaster Reduction (UN/ISDR) presented an advocacy kit on disaster risk reduction (DRR) to parliamentarians at the 123rd Assembly of the Inter-Parliamentary Union (IPU), which convened from 4-6 October 2010, in Geneva, Switzerland.

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UNGA Second Committee Underlines Importance of Climate Change Negotiations [viewed]

6 October 2010: The Second Committee (Economic and Financial) of the UN General Assembly (UNGA) met on 6 October 2010, in New York, US, to continue and conclude its general debate, addressing, inter alia: the critical importance of deliberations on climate change, biodiversity and the 2012 UN Conference on Sustainable Development (UNCSD); the need for an agreement on targets for greenhouse gas (GHG) emissions; expediting the implementation of existing climate change agreements; and new financing to help countries mitigate and adapt to its effects.

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EU-China and EU-Republic of Korea Summits Held [viewed]

6 October 2010: Immediately after the eighth Asia-Europe Meeting (ASEM) summit, which convened from 4-5 October 2010, in Brussels, Belgium, the EU held bilateral summits with China and the Republic of Korea, in which climate-related issues were addressed.

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