Finance

World Bank Approves GEF Project on REDD+ in the Congo Basin [viewed]

World Bank14 July 2011: The World Bank approved a US$13 million project from the Global Environment Facility (GEF) to strengthen the capacities of the Congo Basin countries on issues related to REDD+ (reducing emissions from deforestation and forest degradation in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stock) and forest carbon stocks measurements.

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WIPO Holds Conference on Innovation and Climate Change [viewed]

13 July 2011: The World Intellectual Property Organization (WIPO) has hosted a conference on the role of innovation and technology in the development and diffusion of green technologies to provide solutions to the challenges posed by climate change.

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Event: CIF Trust Fund Committee and Sub-Committee Meetings [viewed]

The Climate Investment Funds (CIF) Committee will meet to approve new projects and review implementation of the CIF.  

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Guest Article #62: Harnessing the Potential of IRENA [viewed]

This April witnessed the historic first Assembly of the International Renewable Energy Agency (IRENA), a fledgling Agency with the potential to transform the world's response to the urgent need to harness renewable energy and put the world on a sustainable clean energy path.

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UN Security Council Debates Security Impacts of Climate Change [viewed]

20 July 2011: The UN Security Council held its second thematic debate on “Maintenance of international peace and security: the impact of climate change,” on 20 July 2011, in New York, US. Many delegates expressed concern that adverse effects of climate change could aggravate existing threats to international peace and security. While noting that the loss of territory in some States due to sea-level rise, particularly in small, low-lying island States, could have security implications, the Security Council could not agree that it had a role to play in this regard.

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WTO Establishes First Dispute Settlement Panel on Renewable Energy Subsidies [viewed]

20 July 2011: The World Trade Organization (WTO) Dispute Settlement Mechanism has established a Panel to arbitrate in the Japan vs. Canada case on measures applied to Canada's renewable energy sector.

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WTO Completes Third Review of Aid for Trade Initiative [viewed]

19 July 2011: The Third Global Review of the Aid for Trade Initiative, organized by the World Trade Organization (WTO), reviewed case stories on the results of the Aid for Trade Initiative in different regions and discussed indicators to measure the impact of the Aid for Trade initiative on economic growth, employment and poverty alleviation, as well as on gender empowerment and environmental sustainability.

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CCCCC Update Reports on Australia's Carbon Tax [viewed]

CCCCC19 July 2011: The Caribbean Community Climate Change Centre (CCCCC) has published the 12th issue of its Climate Change News Update, which reports on recent developments in European and Australian law related to climate change mitigation.

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GEF Approves Four REDD+ SFM Projects in New Funding Window for Forests [viewed]

19 July 2011: The Global Environment Facility (GEF) has approvoved the first four projects to access incentive funds available for sustainable forest management (SFM) and REDD+ (reducing emissions from deforestation and forest degradation in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stock) under the GEF Incentive Mechanism for Forests.

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World Bank Supports Armenia's Renewable Energy Programme [viewed]

World Bank19 July 2011: The World Bank is supporting Armenia in diversifying its energy matrix towards renewable sources, providing financing for small hydropower projects that also benefit from national incentives to supply renewable energy to the national grid.

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