Finance

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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UNFCCC Secretariat Releases Two AWG-LCA Documents on the Fulfilment of the Bali Action Plan [viewed]

17 March 2009: The UNFCCC Secretariat has released two documents on the Fulfilment of the Bali Action Plan and components of the agreed outcome (FCCC/AWGLCA /2009/ 4 (Part I and II)) prepared by the Chair of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA) in response to a request from the AWG-LCA at its fourth session. The documents are aimed at focusing the negotiating process on the fulfilment of decision 1/CP.13 (the Bali Action Plan) and on the components of the agreed outcome to be adopted by the Conference of the Parties at its 15th session, by describing areas of convergence in the ideas and proposals of parties, exploring options for dealing with areas of divergence, and identifying gaps that might need to be filled by building upon the ideas and proposals of parties.

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UNFCCC Secretariat Releases Note by AWG-LCA4 Chair Containing Summary of Views [viewed]

UNFCCC Secretariat

17 March 2009: The UNFCCC Secretariat has released a note by the Chair of the fourth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA4), which was held in Poznan, Poland, from 1-10 December 2008.

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UNFCCC Executive Secretary: Copenhagen Offers “Window of Opportunity” We Cannot Afford to Miss [viewed]

Yvo de Boer, UNFCCC Executive Secretary

17 March 2009: Speaking at “Carbon Market Insights 2009,” which is taking place from 17-19 March 2009, in Copenhagen, Denmark, Yvo de Boer, UNFCCC Executive Secretary, noted that, although carbon prices are projected to decrease in 2009 due to the financial crisis, the carbon market has not collapsed. He added that its future depends on “the level of ambition of industrialized countries.” Recognizing that the Poznan Climate Change Conference of December 2008 had not been marked by any major political outcomes, he noted that it made progress in a number of specific areas of work, including the operationalization of the Adaptation Fund, the streamlining and speeding up of the Clean Development Mechanism (CDM), and the full endorsement of an intensified negotiating schedule for 2009.

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EBRD Publishes Green Investment Scheme Manual and Model Agreement [viewed]

European Bank for Reconstruction and Development

March 2009: The European Bank for Reconstruction and Development (EBRD), with financing from the Government of the Netherlands, has published a Green Investment Scheme (GIS) Manual and Model Agreement.

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FAO Launches State of the World's Forests 2009 Report [viewed]

Increased attention to “green development” could provide a new direction to the development of the forest sector.

16 March 2009: The UN Food and Agriculture Organization (FAO) has launched the State of the World's Forests 2009. The report was released on the first day of the 19th session of the FAO Committee on Forestry (COFO), which is taking place from 16-20 March 2009, in Rome, Italy. The report notes that the economic crisis and climate change raise the profile of forest management on the global agenda, as demand for products and environmental services is expected to increase in the coming decades.

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UNFCCC Secretariat Releases Information for Participants to Bonn March/April Meetings [viewed]

UNFCCC Secretariat

16 March 2009: The UNFCCC Secretariat has released an information document for participants attending the upcoming seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP7) and the fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA5), which will be held from 29 March-8 April 2009, in Bonn, Germany.

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UNESCO Meeting Formulates Recommendations on Confronting Climate Change in the Arctic [viewed]

Confronting Climate Change in the Arctic

13 March 2009: The UN Educational, Scientific and Cultural Organization (UNESCO) held an international experts meeting on “Climate Change and Arctic Sustainable Development: scientific, social, cultural and educational challenges,” which convened from 3-6 March 2009, in Monaco. The meeting brought together experts in the social and natural sciences, ethics, education and international affairs who sought the local expertise of indigenous peoples in drafting a set of 66 recommendations for follow-up action.

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