Finance

UN Secretary-General Calls on Governments to Not Backslide on Previous Commitments [viewed]

UN Secretary-General Ban Ki-moon 11 December 2008: In a press conference in Poznań, Poland, UN Secretary-General Ban Ki-moon noted progress achieved at the climate change talks, but stressed that much more needs to be done. He called on governments not to “backslide” on previous commitments and emphasized the need for: deep cuts in emissions to stabilize our climate; assistance for developing countries in dealing with mitigation and adaptation; a dramatic increase of financial and technological resources; and institutions that can support these efforts.

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OECD Secretary General Highlights Why Finance Ministers Should Take Action on Climate Change [viewed]

Angel Gurría, Secretary-General of the OECD 8 December 2008: The Organisation for Economic Co-operation and Development (OECD) Secretary General, Angel Gurría, participated in a high level meeting of Ministers of Finance in Poznań, Poland, on the sidelines of the 14th session of the Conference of the Parties to the UNFCCC, and highlighted that the engagement of finance ministers in the fight against climate change is essential.

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Japan Backs UNDP Programme on Climate Change Adaptation in Africa [viewed]

11 December 2008: The UN Development Programme (UNDP), in collaboration with the Government of Japan, will support twenty-one African countries in the development of their capacity to plan, implement and monitor flexible and long-term development policies for climate change adaptation.

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UNEP Compiles CDM Year End Snapshot [viewed]

Global Year-End Snapshot of the Clean Development Mechanism 2008 11 December 2008: The Year End Snapshot of the Kyoto Protocol's Clean Development Mechanism (CDM), compiled by the UN Environment Programme's (UNEP) Risø Centre, reveals that worldwide over 4,200 CDM projects have been developed or are in operation.

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UN Secretary-General at Poznań Climate Change Conference Calls for a Green New Deal [viewed]

L-R: UNFCCC Executive Secretary Yvo do Boer and UN Secretary-General Ban Ki-moon 11 December 2008: Speaking at the opening of the High-level Segment of the 14th session of the Conference of the Parties to the UNFCCC, taking place in Poznań, Poland, UN Secretary-General Ban Ki-moon stressed the urgency to take action, and called for renewed global solidarity to tackle the financial and climate change crises, calling the latter “the defining challenge of our era.”

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High-level Segment at UN Climate Change Conference -- Poznań Opens [viewed]

Top officials converge in Poland for UN climate change talks 11 December 2008: The High-level Segment at the UN Climate Change Conference in Poznań, Poland, opened on 11 December 2008. Four Heads of State and Government, as well as 145 Environment Ministers and senior government representatives, are scheduled to participate, with UN Secretary-General Ban Ki-moon making an opening statement.

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UNEP FI Highlights Insurance Industry's Role in Adaptation, Mitigation [viewed]

UN Environment Programme Finance Initiative (UNEP FI) 10 December 2008: At a side event held during the 14th session of the Conference of the Parties of the UNFCCC, in Poznan, Poland, members of the UN Environment Programme Finance Initiative (UNEP FI) discussed the role of insurers in developing innovative products to respond to the increasing number of weather-related disasters, to insure forests, and to smooth out uncertainties in renewable energy.

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Eritrea and Samoa Share Experiences with GEF-Administered LDCF [viewed]

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3 December 2008: At a side event held during the UN Climate Change Conference in Poznan, Poland, two least developed countries shared their experience in integrating climate change risks into various sectors, including agriculture and health through the Least Developed Countries Fund (LDCF).

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EIB Funds Mitigation Investments in India [viewed]

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2 December 2008: The European Investment Bank (EIB) has announced it will provide approximately EUR 100 million to the Export-Import Bank of India (EXIM Bank) to provide partial financing for investments that will contribute to the mitigation of climate change.

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UNEP Releases Report on Construction, Buildings and Climate [viewed]

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6 December 2008: The UN Environment Programme (UNEP)

released a report entitled “The Kyoto Protocol, the Clean Development

Mechanism, and the Building and Construction Sector,” suggesting that the Kyoto

Protocol's Clean Development Mechanism (CDM), which governs the main

international carbon market, should be revised to tap into the mitigation

potential of the building and construction industry.

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