Finance

UN Secretary-General Underscores Need for Collective Action [viewed]

UN Secretary-General Ban Ki-moon21 September 2009: On the eve of the Summit on Climate Change, to be held on 22 September 2009, UN Secretary-General Ban Ki-moon underscored the urgent need for collective action to save the planet.

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UNDESA Prepares Policy Briefs on Climate Change Topics [viewed]

© UN DESAAugust 2009: The UN Department of Economic and Social Affairs (UNDESA) has prepared a series of Policy Briefs on a range of topics related to climate change, including: the energy challenge; industrial policies to face climate and development challenges; financing mitigation and adaption; climate justice; approaches and resources for multidimensional climate change threats; and technology transfer climate change: Beyond TRIPS.

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UNFCCC Executive Secretary Delivers Video Message Ahead of Bangkok Talks [viewed]

© UNFCCCSeptember 2009: In a recently released video message, UNFCCC Executive Secretary Yvo de Boer takes stock of international climate change negotiations ahead of the upcoming talks in Bangkok.

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UNFCCC Secretariat Publishes Bangkok Fact Sheet [viewed]

© UNFCCC18 September 2009: The UNFCCC Secretariat has published a fact sheet on the ninth session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP) and the seventh session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA), which will be held in Bangkok from 28 September-9 October 2009.

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UNFCCC Secretariat Releases Fact Sheet on Adaptation [viewed]

© UNFCCC18 September 2009: The UNFCCC Secretariat has released a fact sheet titled “The need for adaptation,” which outlines links between climate change and sustainable development, options for responding to adaptation needs, funding requirements, current UNFCCC efforts, the Adaptation Fund and negotiations post-2012.

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Long-Term Mitigation May Cost 0.1% of Average Global Annual GDP Growth - OECD [viewed]

© OECD18 September 2009: A new book titled The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012, launched by the Organisation of Economic Co-operation and Development (OECD), concludes that a full-fledged global carbon market would cost just one-tenth of a percent of average world annual GDP growth between 2012 and 2050 to achieve moderately ambitious climate targets. Put differently, this would mean a 4% reduction in GDP in 2050 compared to a scenario where no policy action is taken. Over the same period, world GDP growth is projected to grow by more than 250%.

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African Union Announces Position on Climate Change [viewed]

© African Union18 September 2009: During his monthly press conference on 17 September 2009 in Addis Ababa, Ethiopia, Jean Ping, President of the Commission of the African Union announced that Africa will request “polluting countries,” regardless of their participation in the Kyoto Protocol, to reduce their emissions “drastically.”

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UNCCD Secretariat Announces Plan to Offset COP 9 Carbon Emissions [viewed]

© UNCCD18 September 2009: The Secretariat of the UN Convention to Combat Desertification (UNCCD) and the Secretary of Environment of Argentina have announced that they are taking action towards making the ninth session of the Conference of the Parties (COP 9) carbon neutral.

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ADB Creates Financing Facility for Energy Efficiency in Pakistan [viewed]

© ADB17 September 2009: The Asian Development Bank (ADB) is extending US$780 million to Pakistan through a financing facility for energy efficiency projects to secure the country's growing energy needs and reduce its reliance on costly, polluting fossil fuels.

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EIB Funds Energy Efficiency in Italy [viewed]

17 September 2009: The European Investment Bank (EIB) is supporting Italy, through a US$200 million framework loan to Centrobanca, to finance small and medium-scale energy efficiency projects, hydroelectric, wind, photovoltaic and biomass plants.

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