Finance

Cook Islands Announces Renewable Energy Plan [viewed]

South Pacific Regional Environment Programme (SPREP)5 July 2011: The Government of the Cook Islands has announced the launch of the Renewable Energy Chart – Te Atamoa O Te Uira Natura, which outlines how to achieve the target to produce 50% of electricity from renewable sources by 2015 and 100% by 2020.

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Finland Contributes to Rio Conventions' Gender Mainstreaming Efforts [viewed]

4 July 2011: Finland has announced that it will contribute EUR250,000 to the Special Voluntary Trust Fund of the Convention on Biological Diversity (CBD) to support implementation of the CBD Gender Plan of Action and activities to mainstream gender in the three Rio Conventions and the Global Environment Facility (GEF).

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AU Summit Adopts Decisions on Youth Employment, Climate Change and UNCSD [viewed]

1 July 2011: The 17th session of the African Union (AU) Summit has adopted a decision on youth employment and other measures to support the Summit's theme "Youth empowerment for sustainable development," as well as decisions to prepare for the upcoming 17th session of the Conference of the Parties (COP 17) to the UNFCCC and the UN Conference on Sustainable Development (UNCSD, or Rio+20).

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CIF Projects Focus on Climate Resilience and Forests [viewed]

1 July 2011: The Climate Investment Funds (CIF) approved US$444 million in grants and near-zero-interest loans to support five nation-wide strategic programmes for climate resilience in Cambodia, Mozambique, Nepal, St. Lucia, and Zambia, as well as US$90 million in grants 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 stocks) initiatives in Burkina Faso and Congo DRC.

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World Bank Institute Newsletter Highlights e-Courses on Carbon Finance [viewed]

World Bank29 June 2011: The June edition of the World Bank Institute's (WBI) Climate Change Practice e-Bulletin highlights the launch of e-learning courses on topics including carbon finance, low carbon development, energy efficiency, and agriculture, which will be offered via the new WBI e-Institute commencing in July 2011.

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Event: Forests Indonesia: Alternative Futures to Meet Demands for Food, Fibre, Fuel and REDD+ [viewed]

This event will provide a platform for leaders of government, parliament, the international and national business community, civil society and the research and development sector to discuss the challenges and opportunities faced by Indonesia in the sustainable use of its forests. It will focus on a series of forums under two themes: trade and investment: implications for forests; and REDD+ (reducing emissions from deforestation and forest degradation in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks) in transition to a low-carbon future.  

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Guest Article #61: Future Development Must Be Centred Around Risk [viewed]

Around 20% of the Earth is at risk from at least one natural hazard and more than half the world's six billion plus population is exposed. In a matter of minutes, at least one hazard can change the world they know. Only through incorporating risk into development planning can we start to reduce this exposure.

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CCCCC Update Highlights Disaster Vulnerability Reduction Projects [viewed]

CCCCC4 July 2011: The 11th issue of the Caribbean Community Climate Change Centre's (CCCCC) Climate Change News Update, which compiles international and regional climate change-related news, highlights the World Bank's US$47.12 million Regional Disaster Vulnerability Reduction Projects, which aims to help Grenada and Saint Vincent and the Grenadines to climate-proof their buildings and increase their public institutions' capacity to assess natural risks.

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FCPF, UN-REDD Publish Jointly Commissioned Papers on REDD+ [viewed]

1 July 2011: The UN-REDD Programme and the World Bank's Forest Carbon Partnership Facility (FCPF) have published three jointly-commissioned papers on reducing emissions from deforestation and forest degradation in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks (REDD+). The peer-reviewed papers address participation, benefit-sharing and safeguards initiatives for REDD+.

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REEEP Announces Funding for 21 Low-Carbon Energy Projects [viewed]

30 June 2011: The Renewable Energy and Energy Efficiency Partnership (REEEP) has announced €3 million in funding for 21 clean energy projects in 17 countries, focusing on improving access to modern energy services and promoting low carbon energy development in developing countries.

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