Finance

World Bank Releases Annual Report on State and Trends of the Carbon Market [viewed]

26 May 2010: The World Bank released its annual State and Trends of the Carbon Market report at Carbon Expo in Cologne, Germany, on 26 May. The report indicates that the value of the global carbon market grew six percent, to US$144 billion, in 2009 despite being its most challenging year to date.

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Africa Progress Panel Report 2010 Released [viewed]

25 May 2010: Africa Progress Panel members Kofi Annan, Peter Eigen, Linah Mohohlo and Olusegun Obasanjo launched the Africa Progress Report 2010 on 25 May 2010, in Johannesburg, South Africa. The publication analyzes the continent's progress and issues recommendations regarding climate change, among other issues, to African leaders and the continent's international partners. 

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ASEAN-EU Summit Discusses Energy and Climate Change Cooperation [viewed]

L-R: Mohamed Bolkiah & Miguel Moratinos26 May 2010: The 18th ASEAN-EU Ministerial Meeting, held in Madrid, Spain, on 26 May 2010, under the theme “Partners in Regional Integration,” addressed climate change and energy cooperation, among other issues.

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World Bank Approves Indonesian Climate Change Project [viewed]

25 May 2010: The World Bank's Board of Executive Directors approved an International Bank for Reconstruction and Development (IBRD) loan ofUS$200 million to support the Indonesian Government's policy agenda on climate change.

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UNFCCC Executive Secretary Briefs the Press Ahead June Talks [viewed]

25 May 2010: UNFCCC Executive Secretary Yvo de Boer briefed the press about his expectations for the upcoming climate change talks scheduled to take place in Bonn, Germany, from 31 May-11 June 2010, and the status of the UN climate change process.

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World Bank Institute Climate Change Practice Releases e-Bulletin [viewed]

25 May 2010: The World Bank Institute (WBI) Climate Change practice has released the May 2010 edition of its quarterly e-bulletin. The issue features upcoming and recent events and news from four programmes: Cities and Climate Change; Innovation in Carbon Finance; Leadership and Coalition Building for Climate Change; and Climate Adaptation for Water, Agriculture and Natural Resource Management.

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World Bank Responds to Civil Society Questions Live [viewed]

25 May 2010: The World Bank's programme manager for climate change, Kseniya Lvovsky, will respond to live questions from the audience on 27 May 2010 at 10:00 AM EST.

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Italy Contributes to Benefit Sharing Fund of Treaty on Plant Genetic Resources [viewed]

21 May 2010: Italy announced a contribution of 1.2 million euros to the benefit sharing scheme managed by the International Treaty on Plant Genetic Resources for Food and Agriculture, a multilateral environmental agreement (MEA) established under the framework of the UN Food and Agriculture Organization (FAO).

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CBD SBSTTA 14 Adopts Climate-Related Recommendations [viewed]

21 May 2010: The 14th meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 14) to the Convention on Biological Diversity (CBD) convened from 10-21 May 2010, in Nairobi, Kenya. SBSTTA 14 adopted 18 recommendations to be considered by the Conference of the Parties (COP) to the CBD. Climate-related issues are addressed in the recommendations on: mountain biodiversity; inland waters; marine and coastal biodiversity, including ocean fertilization; protected areas; biodiversity and climate change; biofuels and biodiversity; and forest biodiversity.

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GEF Launches Climate Change Evaluation Website [viewed]

20 May 2010: The Global Environment Facility Evaluation Office (GEFEO), in collaboration with the Swedish International Cooperation Agency (SIDA) and the Switzerland Federal Office for the Environment (FOEN), has launched a new website dedicated to the evaluation of climate change and international development projects and programmes.

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