May 2008: The ninth Conference of the Parties (COP 9) to the Convention on
Biological Diversity (CBD) was held from 19-30 May 2008, in Bonn, Germany. The
COP addressed a range of issues related to climate change, including ocean
fertilization, biofuels and biodiversity, and forest biodiversity. [Photo: COP 9 President Sigmar Gabriel gaveled the meeting to
a close at 9:00 pm]
29 May 2008: The United Nations Development Programme (UNDP) and Japan announced a new $92 million initiative to help Africa adapt to global warming.
29 May 2008: The World Bank announced a new
programme to address the impact of tropical glacier retreat in Bolivia, Peru, and
Ecuador. During the project launch in Lima, Peru, Carlos Felipe Jaramillo,
World Bank director for Bolivia, Ecuador, Peru, and Venezuela noted that “Climate
change will heavily impact Andean countries' economies, particularly the poor.
Adapting to climate change is crucial given the severe and irreversible effects
it will have on the region.”
23 May 2008: Representatives from 40 donor and developing countries, meeting in Potsdam, Germany, reached an agreement on the creation of two international investment funds that will provide innovative financing for developing countries to pursue cleaner development paths and protect themselves from the impacts of climate change.
24 May 2008: The Global Environment Facility (GEF) and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding (MOU) to improve aid effectiveness by collaborating on projects addressing climate change and biodiversity loss.
28 May 2008: The Food and Agriculture Organization of the UN (FAO), jointly with the International Fund for Agricultural Development (IFAD), have prepared a background paper on financial mechanisms for adaptation to, and mitigation of, climate change in the food and agriculture sectors. The paper was prepared for the High-Level Conference on World Food Security, which will take place in Rome, Italy, from 3-5 June 2008.
May 2008: A new report by the United Nations Development Programme (UNDP) and the Global Environment Facility (GEF) highlights lessons learned from international experience on the promotion of wind energy.The report notes that 75% of installed wind energy capacity is found in just five countries. The report underscores the role of promoting policies to reduce costs, improve revenues and reduce risk for promoters, and the importance of market access and feed-in laws for providing long-term stability and predictability.
18 May 2008: The Fifth European Union (EU) / Latin America and Caribbean (LAC) Summit took place in Lima, Peru, from 16-17 May 2008. The Summit developed the “Lima Declaration on Addressing our Peoples' Priorities Together,” which addresses, among others, poverty, inequality, inclusion, climate change, environment and energy.
May 2008: The website for global consultations on a Strategic Framework on Climate Change and Development for the World Bank Group (WBG) has been updated with translations in Arabic, Chinese, French, Portuguese, Russian and Spanish.
16 May 2008: The economic impact of climate change, rising food prices and a broad range of other trade, growth and development issues will be discussed at the OECD's annual ministerial meeting, to be held from 4-5 June 2008, in Paris, France.