14 November 2008: The Global Environment Facility (GEF) Council re-elected Monique Barbut as CEO during its biannual meeting, which took place from 11-13 November 2008, in Washington DC, US. The Council also renewed efforts to scale up technology transfer to developing countries looking to mitigate and adapt to climate change challenges, by approving projects amounting to US$50 million for climate-related activities.
14 November 2008: The UN Forum on Forests (UNFF) Ad Hoc
Expert Group on Finance convened in Vienna, Austria, from 10-14 November 2008,
to develop proposals for the development of a voluntary global financial
mechanism/portfolio approach/forest financing framework to support: the
implementation of sustainable forest management (SFM); the achievement of the
global objectives on forests; and the implementation of the non-legally binding
instrument on all types of forests.
6 November 2008: The World Bank, in partnership with SEB and
Scandinavian institutional investors, will raise funds for projects seeking to
mitigate climate change or promote adaptation to its effects, through the issue
of a “World Bank green bond.”
8 November 2008: The high-level conference on “Climate
Change: Technology Development and Technology Transfer,” which took place in
Beijing, China, from 7-8 November 2008, was co-hosted by the UN Department of
Economic and Social Affairs, and supported by the UN Foundation.
7 November 2008: At the 44th session of the International
Tropical Timber Council and the Associated Sessions of the four Committees
(Finance and Administration, Economic Information and Market Intelligence,
Forest Industry, and Reforestation and Forest Management), the European
Commission (EC) announced a communication on deforestation and climate change,
with the goal of informing the EU position at the upcoming climate change
negotiations in Poznan, Poland.
7 November 2008: The UN Industrial Development Organization
(UNIDO) is collaborating with China to address the problem of climate change
through agreements to increase clean development mechanism (CDM) clean energy
projects and boost the use of hydropower in Africa.
6 November 2008: Documents for the 34th Global Environment Facility (GEF) Council meeting,
which will convene from 11-13 November 2008, in Washington DC, US, are
31 October 2008: The Sixth World Forum on Sustainable
Development took place in Brazzaville, Republic of Congo, from 27-30 October
2008, and was organized with the participation of several institutions,
including the UN Environment Programme, the UN Development Programme, the UN
Food and Agriculture Organization, the African Union, the African Development
Bank, the Economic Commission for Africa, and the World Environment Fund.
24 October 2008: The Organisation for Economic Co-operation
and Development (OECD) has released a discussion paper entitled “What Role for
Public Finance in Climate Change Mitigation,” which considers how public
finance in developed countries can best be used to support climate change
mitigation in developing countries.
30 October 2008: In a lecture delivered at the Rajiv Gandhi
Foundation in New Delhi, India, UN Secretary-General Ban Ki-moon underlined
that the financial crisis should not “become an excuse for deferring or backing
away from our fight against climate change.”