Finance

UNEP Participates in Low-Carbon Prosperity Task Force [viewed]

© UNEP31 March 2009: Fifty-two companies have partnered with 34 experts and organizations, including the UN Environment Programme (UNEP), to create a new low-carbon Task Force focused on stimulating the low-carbon economy by identifying how to create green jobs and deflect economic growth towards a sustainable, low-carbon path.

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UNFCCC Executive Secretary: Bonn Climate Change Talks Represent “First New Opportunity for True Cooperation” [viewed]

29 March 2009: Addressing delegates at the opening of the seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 7) and the fifth meeting of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 5) taking place in Bonn, Germany, from 29 March-8 April 2009, Yvo de Boer, UNFCCC Executive Secretary, reminded them that they only have six weeks of “real negotiating time” over the next eight months to reach an ambitious agreement in Copenhagen.

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On-line Inventory of UN System Activities on Climate Change Launched [viewed]

27 March 2009: The UN Department of Public Information (DPI) has launched an On-line Inventory of UN System Activities on Climate Change. The inventory is available through the Gateway to the UN System's Work on Climate Change, and is intended to provide information on activities underway throughout the UN system in response to the global climate change challenge.

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GEF STAP Workshop Considers Climate Change Science and Technology Advice [viewed]

30 March 2009: The Global Environment Facility's (GEF) Scientific and Technical Advisory Panel (STAP) held a workshop on 30 March 2009, in Washington DC, US, to develop the Panel's scientific and technical guidance for the Fifth GEF Replenishment's (GEF-5) strategic programming on climate mitigation policies and technologies.

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AWG-KP 7 and AWG-LCA 5 Talks Kick Off in Bonn [viewed]

30 March 2009: The seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 7) and the fifth meeting of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 5) opened on 29 March 2009, in Bonn, Germany, with a welcoming ceremony followed by the opening sessions of the two Working Groups.

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IDB Approves Energy Efficiency Project in Brazil [viewed]

27 March 2009: The Inter-American Development Bank (IDB) has approved a project to provide Brazil's Usiminas steel company a loan amounting to US$200 million. The first part of the project will finance investments in a new power cogeneration plant and related equipment to produce electricity using excess heat and gases that originate from the production of the steel, allowing the Belo Horizonte-based company to cut its production costs and reduce carbon emissions.

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World Bank Approves US$1.3 Billion Environmental Loan to Brazil [viewed]

25 March 2009: The World Bank approved a US$1.3 billion Development Policy Loan to help Brazil attain sustainable development goals linked to economic growth from Amazon sustainable development to climate change, as well as the water sector.

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World Bank Releases Independent Evaluation of Climate-Related Energy Lending and Management Response [viewed]

March 2009: The World Bank's Independent Evaluation Group (IEG) has released a report on “Climate Change and the World Bank Group,” which finds, among other issues, that fuel pricing is a key policy affecting emissions and identifies the absence of important information for the design and management of emissions-related policies.

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IPCC Releases Documents for its 30th Session [viewed]

27 March 2009: The Intergovernmental Panel on Climate Change (IPCC) Secretariat has released new documents for its 30th session, which will take place from 21-23 April 2009, in Antalya, Turkey. The meeting will focus on the future of the IPCC, in particular the scoping of the Fifth Assessment Report (AR5).

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World Bank CIF Requests Feedback on Forest Program [viewed]

March 2009: The World Bank's Forest Investment Program (FIP), a part of its Climate Investment Framework (CIF), seeks to pilot and demonstrate new approaches to forest management that lead to major impacts in reducing greenhouse gas emissions from forests.

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