Finance

World Bank's Annual Development Marketplace to Focus on Adaptation to Climate Change [viewed]

Development Marketplace

January 2009: The World Bank has launched its annual Development Marketplace competition for seed grants, which will be focused on innovations for climate change adaptation.

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ECA Executive Secretary Urges African Participation at COP 15 [viewed]

Statement by Mr. Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of ECA

29 January 2009: In a statement delivered at the 14th Ordinary Session of the Executive Council of the African Union, taking place in Addis Ababa, Ethiopia, Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), noted that although Africa' s economic performance is commendable, it is not sufficient to achieve the Millennium Development Goals and the continent now faces the pressing challenges of global financial crisis, climate change and the maintenance of peace and security. He stressed that the continent will bear most of the burden of climate change, and called for mainstreaming mitigation, adaptation, financing and technology issues into the African policy agenda.

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IUCN Releases Reports on Sustainable Bioenergy Production and Linkages between Energy, Ecosystems and Livelihoods in the Face of Climate Change Impacts [viewed]

January 2009: The International Union for Conservation of Nature (IUCN) has published two reports on sustainable bioenergy production and on linkages between energy, ecosystems and livelihoods.

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UNDP Welcomes Davos Emphasis on Climate Change [viewed]

UN Development Programme (UNDP)

29 January 2009: Commenting on the message on climate change “Shaping an Opportunity Out of Crisis” issued to the participants at the World Economic Forum taking place in Davos, Switzerland, the UN Development Programme (UNDP) welcomed the emphasis placed on addressing climate change at this year's edition of the event. 

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UNFCCC Secretariat Notifies Agenda, Requests Nominations for March-April Bonn Talks [viewed]

UNFCCC Secretariat

29 January 2009: The UNFCCC Secretariat has released a notification to parties and observer States to the UNFCCC and its Kyoto Protocol on the upcoming seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 7), and fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 5), which will take place in Bonn, Germany, from 29 March to 8 April 2009.

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World Bank Releases Technical Report on Development and Climate Change [viewed]

World Bank Releases Technical Report on Development and Climate Change

28 January 2009: The World Bank has released an extensive technical report that serves as a background document for its strategic framework for climate change approved in 2008, titled “Development and Climate Change: A Strategic Framework for the World Bank Group.”

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IFAD President Calls on the Arab Agricultural Sector to Address Challenges of Food Security and Climate Change [viewed]

Lennart Båge, President of the UN International Fund for Agricultural Development (IFAD)

18 January 2009: Speaking at the 31st Summit of the League Arab States (LAS), held from 17-18 January 2009, in Kuwait City, Lennart Båge, President of the UN International Fund for Agricultural Development (IFAD), called for re-engaging the agricultural sector to meet the challenges of food security and climate change, with particular attention to energy efficiency, water scarcity and the environment.

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IDB Supports Renewable Energy Matrix in Peru [viewed]

IDB supports creation of new sustainable energy matrix in Peru

28 January 2009: The Inter-American Development Bank (IDB) will provide financial and technical support to the Government of Peru to support an integrated approach to developing conventional and renewable energy sources in order to contribute to climate change mitigation. A new energy matrix is the centerpiece of a package of measures Peru has agreed to carry out under a US$150 million programmatic policy-based loan approved by the IDB Board of Executive Directors on 28 January 2009.

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European Commission Releases Proposals for “Comprehensive Climate Change Agreement in Copenhagen” [viewed]

European Commission

28 January 2009: The European Commission has released a communication entitled “Towards a comprehensive climate change agreement in Copenhagen,” which sets out proposals to achieve the EU's objective to ensure that global average temperature does not increase more than 2°C above pre-industrial levels. It addresses three key challenges: targets by developed countries and appropriate actions by developing countries; the need to address the financing of actions by developing countries (both to mitigate greenhouse gas emissions and adapt to climate change); and the need to build an effective global carbon market.

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OECD's Secretary-General's Message to Davos: Promote a “Green” Recovery [viewed]

Article by OECD's Secretary-General

27 January 2009: The World Economic Forum Annual Meeting 2009 opened in Davos, Switzerland, under the overall theme “Shaping the Post-Crisis World.” Over 2,500 participants and 40 Heads of State and government are participating in the meeting, where business, civil society and government leaders have gathered to share ideas on how to shape the post-crisis agenda, from economic reform to climate change. In an article entitled “The world needs to rewrite the rules of finance and global business,” Angel Gurría, Secretary-General of the Organisation for Economic Co-Operation and Development (OECD), writes that the Organisation is focusing on a strategic response to the crisis involving specific policy recommendations. He stresses the need for new thinking in various areas, including in tackling climate change, social exclusion and poverty, and calls for encouraging “the low-carbon innovation needed for a “green” recovery.”

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