Finance

World Bank's 2009 Development Marketplace Grant Competition Launched [viewed]

Development Marketplace

23 March 2009: The World Bank has launched its annual Global Development Marketplace competition for seed grants.

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Recommendations by the Commission of Experts of the UNGA President on Reforms of the International Monetary and Financial System Address Nexus between Climate Change and the Economic Crisis [viewed]

19 March 2009: The UN General Assembly (UNGA) President has transmitted the recommendations of the Commission of Experts of the President of the UNGA on Reforms of the International Monetary and Financial System to UN member States. The recommendations will be addressed in an interactive thematic dialogue on “The World Financial and Economic Crisis and its Impact on Development,” which will convene from 25-27 March 2009, at UN Headquarters in New York, US.

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First GEF-5 Replenishment Meeting Convenes in Paris [viewed]

First GEF-5 Replenishment Meeting Convenes in Paris

18 March 2009: Thirty countries met in Paris, France, to discuss the fifth replenishment of the Global Environment Facility (GEF-5), with several calling for a substantial increase in the replenishment of the GEF. The First Meeting of Contributing Participants towards GEF-5 gathered prospective donors from developed and developing countries from 17-18 March 2009, to consider, inter alia, innovative sources of funding, including the possibility of obtaining carbon credits for GEF projects that mitigate greenhouse gas emissions.

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International Policy Dialogue Addresses the Development Perspective of Financing the Climate Agenda [viewed]

Financing the Climate Agenda: The Development Perspective

23 March 2009: The International Policy Dialogue on “Financing the Climate Agenda: The Development Perspective” took place in Berlin, Germany, from 19-20 March 2009. The event was convened by the Development Policy Forum, InWEnt, Germany, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), in cooperation with the UN Foundation and with the support of the KfW Banking Group. 

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UNFCCC Secretariat Releases AWG-LCA Scenario Note [viewed]

20 March 2009: The UNFCCC Secretariat has released the scenario note (FCCC/AWGLCA/2009/2) for the upcoming fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA), which will be held in Bonn, Germany, from 29 March-8 April 2009.

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UNFCCC Executive Secretary Stresses OPEC Members' Role in Investing in Clean Sources of Energy [viewed]

19 March 2009: Speaking at the Organization of Petroleum Exporting Counties' (OPEC) Fourth International Seminar on Petroleum, organized around the theme “Petroleum: Future Stability and Sustainability,” which took place on 18-19 March 2009, in Vienna, Austria, UNFCCC Executive Secretary Yvo de Boer underscored the importance of introducing climate-friendly technologies despite the fact that oil will remain a dominant source of energy in the near future.

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Under-Secretary-General Highlights Water-Climate Links at World Water Forum [viewed]

UN Under-Secretary-General for Economic and Social Affairs Sha Zukang

17 March 2009: UN Under-Secretary-General for Economic and Social Affairs Sha Zukang addressed several audiences at the fifth World Water Forum, which met from 16-22 March 2009, in Istanbul, Turkey. During the opening ceremony, he suggested “four strategic actions on bridging divides for water,” including engaging with other policy communities on the nexus between water challenges and climate change, accelerating progress in climate change adaptation, and improving human and institutional capacity backed by adequate financial resources.

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UNEP Releases Policy Brief on Global Green New Deal in Advance of G20 [viewed]

UN spotlights five key areas to spur sustainable economic recovery

19 March 2009: The UN Environment Programme (UNEP) has released “Global Green New Deal: Policy Brief,” which aims to inform the debate at the upcoming G20 meeting to be held in London, UK, in early April 2009.

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IEA Executive Director Emphasizes Investment in Low Carbon Technologies at OPEC Seminar [viewed]

Nobuo Tanaka, Executive Director, International Energy Agency (IEA)

18 March 2009: Speaking at the Organization of Petroleum Exporting Countries (OPEC) International Seminar, which took place in Vienna, Austria, from 18-19 March 2009, under the theme “Petroleum: Future Stability and Sustainability,” Nobuo Tanaka, Executive Director, International Energy Agency (IEA), outlined the IEA's view on world energy markets, underscoring the present and future need for continuous and substantial investments with respect to both the traditional supply side and clean energy technologies.

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WMO Releases Statement on the Status of the Global Climate in 2008 [viewed]

WMO Statement on the Status of the Global Climate

18 March 2009: The World Meteorological Organization (WMO) published its annual Statement on the Status of the Global Climate in 2008. The WMO Statement contains information for 2008 on global temperature, regional temperature anomalies, global precipitation, droughts, flooding and storms, La Niña, tropical cyclones, Antarctic ozone hole and Arctic sea ice extent, as well as an article on benefits for climate monitoring and assessment of data rescue activities.

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