Finance

UNFCCC Executive Secretary Addresses Public Climate Change Hearing [viewed]

14 April 10: At a public hearing on Climate Change in Brussels, Belgium, held on 14 April 2010, Yvo de Boer, UNFCCC Executive Secretary, stated that the Copenhagen Climate Change Conference constituted an important event because it: raised the profile of climate change policy to the highest political level; significantly advanced the negotiations on the infrastructure needed for well-functioning, global climate change cooperation, including improvements to the Kyoto Protocol Clean Development Mechanism (CDM); and produced the Copenhagen Accord, "a clear letter of political intent to constrain carbon and respond to climate change, both in the short and in the long term."

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World Bank President: Green Growth Can Pull Millions Out of Poverty [viewed]

14 April 2009: Robert Zoellick, President of the World Bank Group, gave a lecture on "The End of the Third World? Modernizing Multilateralism for a Multipolar World," at the Woodrow Wilson Center for International Scholars, in Washington DC, US. He noted that climate change policy can be linked to development and win support from developing countries for low carbon growth, "but not if it is imposed as a straitjacket."

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UNEP and Indian Premier League Organize Green Cricket Match [viewed]

9 April 2010: The Punjab Cricket Association hosted the first-ever carbon neutral cricket match on 9 April 2010, in Punjab, India. The green match, organized by the UN Environment Programme (UNEP) and the Indian Premier League, was part of the “Batting for the Environment” initiative, launched in March 2010.

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Event: Petersberg Climate Dialogue [viewed]

German Federal Chancellor Angela Merkel will open this informal meeting, which she announced during the Copenhagen Climate Change Conference. Around 45 countries are expected to participate in the Dialogue.  

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ECLAC Executive Secretary Outlines Low-Carbon Strategies [viewed]

9 April 2010: During a session of the World Economic Forum for Latin America 2010, which convened in Cartagena, Colombia, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), highlighted policies and strategies that may be adopted to promote low-carbon economies.

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Multilateral Banks Discuss Climate Finance [viewed]

9 April 2010: Heads of Multilateral Development Banks (MDBs) and the International Monetary Fund (IMF) met on 9 April 2010, at European Investment Bank (EIB) headquarters in Luxembourg, to discuss plans to support a sustainable global recovery and climate finance. Participants at the meeting noted that the Copenhagen Accord offers an opportunity to take action to finance measures to combat climate change.

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UNFCCC Releases Conclusions from April Talks [viewed]

13 April 2010: The UNFCCC Secretariat has released the conclusions adopted at the ninth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 9) and the 11th session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 11), which took place from 9-11 April 2010, in Bonn, Germany.

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ADB Finances First Cross-Border Hydropower CDM Project [viewed]

12 April 2010: The Asian Development Bank (ADB) is financing a hydropower project that will enable Bhutan to export clean energy to India and issue Clean Development Mechanism (CDM) credits.

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Adaptation Fund Issues First Call for Project Proposals [viewed]

8 April 2010: The Adaptation Fund has issued its first call for project and programme proposals to support adaptation in developing countries. The call follows the decision of the Adaptation Fund Board at its ninth meeting in late March 2010, by which it accredited the first agencies to manage grants from the Adaptation Fund.

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World Bank Releases Toolkit on Energy Efficient Lighting [viewed]

April 2010: The World Bank Group and its Energy Sector Management Assitance Progamme (ESMAP) have produced a toolkit for efficient lighting programmes, based on compact fluorescent lamps, that compiles and shares operational (design, financing and implementation) elements, documents, lessons learned, results and other relevant data.

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