Finance

REDD+ Gets US$3.5 Billion Initial Funding [viewed]

22dic_09_0516 December 2009: During the UN Copenhagen Climate Change Conference, the Governments of Australia, France, Japan, Norway, the UK and the US collectively agreed to dedicate US$3.5 billion as fast-start climate change financing between 2010-2012 for REDD+ (reducing emissions from deforestation and forest degradation, including conservation, sustainable forest management (SFM) and stock enhancement).

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UN Climate Change Conference Concludes by Taking Note of the “Copenhagen Accord” [viewed]

21dic_09_0119 December 2009: The UN Climate Change Conference in Copenhagen, Denmark, took place from 7-19 December 2009, and included the 15th session of the Conference of the Parties (COP 15) to the UNFCCC and the fifth session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (COP/MOP 5).

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UNDP and Ecuador to Protect Yasuni National Park and Forego Fossil Fuels Extraction [viewed]

Undp16 December 2009: On the sidelines of the UN Copenhagen Climate Change Conference, Helen Clark, UN Development Programme (UNDP) Administrator, together with Ecuador's Foreign Minister Fander Falconi and Minister of Natural and Cultural Heritage Marie Ferdinand Espinosa, launched an initiative to protect Ecuador's Yasuni National Park and forego the extraction of fossil fuels.

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UNECLAC Releases Report on Economic Impacts of Climate Change [viewed]

18dic_09_0316 December 2009: At a side event held during the UN Copenhagen Climate Change Conference, the UN Economic Commission for Latin America and the Caribbean (UNECLAC) released a study that identifies the economic impacts of climate change on the region.

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Nominations Sought for Civil Society Observers to Climate Investment Funds [viewed]

16 December 2009: Members of non-profit civil society organizations, networks, or small, local communities involved in issues of climate change have been invited to vote for candidates to civil society observer seats on two sub-committees of the Climate Investment Funds' (CIF) Strategic Climate Fund (SCF): the Forest Investment Program (FIP) and the Scaling up Renewable Energy Program in Low Income Countries (SREP).

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Climate Investment Funds to Allocate US$800 Million for Asia [viewed]

18dic_09_0616 December 2009: Countries governing the Climate Investment Funds (CIF) have endorsed the use of a total of US$800 million from the CIF Clean Technology Fund (CTF) for a range of climate activities in the Philippines, Thailand and Viet Nam.

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FAO, UNEP, UNDP, UNCCD, UNFPA, IFAD and World Bank Participate in Development and Climate Days [viewed]

17dic_09_0116 December 2009: The "Development and Climate Days" meeting convened from 11-14 December 2009, alongside the 15th session of the Conference of the Parties to the UNFCCC (COP15) in Copenhagen, Denmark. The meeting provided opportunities to share information on the negotiations and on key development and climate issues.

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IPCC Launches Climate Education Programme [viewed]

Ipcc Logo16 December 2009: At a side event held during the UN Copenhagen Climate Change Conference, the Intergovernmental Panel on Climate Change (IPCC) launched its Climate Education Programme, which draws on the money received for the Nobel Peace Prize.

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IDB Finances Expansion of Wind Power in Mexico and Biofuels in Peru [viewed]

Idb15 December 2009: The Inter-American Development Bank (IDB) approved a US$102 million loan in partial financing for two wind power projects totaling 318 MW in the state of Oaxaca, Mexico.

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Nominations Sought for Private Sector Observers to Climate Investment Funds [viewed]

15 December 2009: The World Business Council for Sustainable Development is seeking nominations for private sector observers to two sub-programmes in the Climate Investment Funds (CIF): the Forest Investment Program (FIP) and Scaling up Renewable Energy in Low Income Countries (SREP) Funds.

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