Finance

World Bank Launches Report on Adapting to Climate Change in Europe and Central Asia [viewed]

World Bank29 October 2009: The World Bank office in Russia hosted the virtual launch of a report on Adapting to Climate Change in Europe and Central Asia. The report highlights that, contrary to popular perception, the region faces a substantial threat from climate change, with a number of the most serious risks already in evidence.

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Climate Investment Funds to Channel US$1.1 Billion for Climate Change in Africa [viewed]

afdb5 November 2009: The Climate Investment Funds (CIF) will invest US$1.1 billion to integrate climate risk and resilience into development planning, achieve renewable energy goals, and pursue low carbon growth in Africa.

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G-20 Recognizes Need for Increased Climate Financing [viewed]

g20logo7 November 2009: The Group of Twenty (G-20) Finance Ministers and Central Bank Governors met in St. Andrews, UK, on 6-7 November 2009, to discuss climate financing, among other issues.

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UNFCCC Executive Secretary Takes Stock as Barcelona Climate Change Talks Conclude [viewed]

barcelona-climate-change6 November 2009: The resumed ninth session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 9) and resumed seventh session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 7) were held from 2-6 November 2009, in Barcelona, Spain, bringing together approximately 3,100 participants.

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India-EU Summit Tackles Climate Change, Solar and Nuclear Energy [viewed]

logoeupresidency6 November 2009: The Tenth India- EU Summit addressed international negotiations on climate change, energy cooperation and environment-related loans. The event took place in New Delhi, India, on 6 November 2009, between Sweden's Prime Minister Fredrik Reinfeldt, representing the EU Swedish Presidency, European Commission President José Manuel Barroso, and India's Prime Minister Manmohan Singh.

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UNFCCC Publishes EU Submission on Financial Mechanisms [viewed]

UNFCCC4 November 2009: The UNFCCC Secretariat has published a submission by the EU on the operation of funds under the Global Environment Facility (GEF), the Special Climate Change Fund (SCCF), and the Least Developed Countries Fund (LDCF) to inform the review of the financial mechanism by the 31st session of the Subsidiary Body for Implementation (SBI) in Copenhagen (FCCC/SBI/2009/MISC.10).

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UNFCCC Executive Secretary Addresses the Climate Group [viewed]

Yvo De Boer4 November 2009: UNFCCC Executive Secretary Yvo de Boer addressed the Climate Group, in Barcelona, Spain, under the theme “Implementing Copenhagen: business and regional government in a new low carbon world.”

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UN Secretary-General Stresses Role of World Faith's Communities in Tackling Climate Change [viewed]

un-secretary-general-stresses-role-of-world-faithe28099s3 November 2009: UN Secretary-General Ban Ki-moon co-hosted the global gathering of inter-faith leaders, “Faith Commitments for a Living Planet,” which took place from 2-4 November 2009, at Windsor Castle in London, UK.

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EU-US Summit Dominated by Climate Change [viewed]

climate-summit-at-the-white-house3 November 2009: Climate change featured in several outcomes of the first EU-US Summit since the Obama Administration took office.

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WTO Director General at Carleton University: “Climate First, and Trade Second” [viewed]

Wto2 November 2009: In a speech delivered on 2 November 2009, at Carleton University in Ottawa, Canada, the Director General of the World Trade Organization (WTO), Pascal Lamy, stated that the climate crisis is “urgent, and is a top priority on the international agenda.”

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