Finance

Ozone Secretariat's Bi-annual Newsletter Addresses Climate Change Issues [viewed]

© Ozone SecretariatJuly 2009: The Ozone Secretariat has released the July 2009 edition of its bi-annual newsletter titled “Centrum.” The issue features climate change related articles on: hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs); synergies among the ozone layer, climate change and biodiversity; a workshop on capacity building for African negotiators on climate change; potential synergies for ozone and climate protection at the national level; and the Chicago Climate Exchange and credit for ozone depleting substances (ODS) destruction.

read more »

UNEP Report on Green Investments Wins Asset Managers Support [viewed]

14 July 2009: The UN Environment Programme Finance Initiative (UNEP FI) Asset Management Working Group, a partnership between UNEP and over 180 financial institutions worldwide, has released a report titled “Fiduciary Responsibility - Legal and Practical Aspects of Integrating Environmental, Social and Governance Issues into Institutional Investment.” The Group of 180 asset managers represents approximately US$2 trillion in assets under management and argue that integrating environmental, social and governance (ESG) considerations into investment decisions is no longer a luxury, but a legal responsibility.

read more »

EBRD Funds Use of Forest Waste for Biomass-Fired Heat and Power Plants [viewed]

13 July 2009: The European Bank for Reconstruction and Development (EBRD) will provide a loan for the equivalent of €29 million to phase-out inefficient diesel and oil-fired generators in Siberia, Russia.

read more »

AOSIS Calls on Major Economies to Adopt More Ambitious and Concrete Targets [viewed]

© UN-DESA SIDS10 July 2009: In a press conference held at UN Headquarters in New York, US, Dessima Williams, Permanent Representative of Grenada and Chairperson of the Alliance of Small Island States (AOSIS), welcomed the statements on climate change made by the leaders of the G8 industrialized economies and the 17 participants in the Major Economies Forum on Energy and Climate, who met in L'Aquila, Italy, noting they signal their growing and positive engagement with the on-going negotiations.

read more »

ADB Funds CCS and Wind Energy in China [viewed]

© ADB9 July 2009: The Asian Development Bank (ADB) will provide a US$1.25 million technical assistance loan to promote carbon dioxide capture and storage (CCS) demonstration projects in China, as well as a US$24 million loan to finance a wind farm in the Inner Mongolia Autonomous Region.

read more »

UNDP Invites Comments on Methodology on Assessment of Investment and Financial Flows to Address Climate Change [viewed]

© UNDPJuly 2009: The UN Development Programme (UNDP), through its Global Project on capacity development for policy makers to address climate change under the Bureau for Development Policy, is developing a Methodology Guidebook and Reporting Guidelines for the assessment of investment and financial flows to address climate change. UNDP is inviting interested experts to provide comments on the methodology. The guidebook is expected to become a living document and will be revised as per countries' experiences in developing analysis of investment and financial flows for greenhouse gas mitigation and adaptation.

read more »

IPCC's Peace Scholarship Fund Opens for Donations [viewed]

© IPCC9 July 2009: The Intergovernmental Panel on Climate Change (IPCC) has announced, on its redesigned website, that the IPCC Peace Scholarship Fund is open for donations.

read more »

UNFCCC Secretariat Releases AWG-LCA 6 Report [viewed]

9 July 2009: The UNFCCC Secretariat has released the report of the sixth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 6), held in Bonn, Germany, from 1-12 June 2009.

read more »

UNFCCC Launches Call for Experts for JI-AP [viewed]

© UNFCCC9 July 2009: The UNFCCC Secretariat has launched the sixth public call for three experts to serve as members of the Joint Implementation Accreditation Panel (JI-AP). The JI-AP was created by the Joint Implementation Supervisory Committee (JISC) at its second session and consists of six experts.

read more »

The UK Develops a Climate and Development Knowledge Network [viewed]

© DFID3 July 2009: The UK Department for International Development (DFID) is developing a multi-million pound “Climate and Development Knowledge Network,” which will deliver an integrated set of knowledge management, research and advisory services on all aspects of climate change and development.

read more »