Finance

European Commission Releases Proposals for “Comprehensive Climate Change Agreement in Copenhagen” [viewed]

European Commission

28 January 2009: The European Commission has released a communication entitled “Towards a comprehensive climate change agreement in Copenhagen,” which sets out proposals to achieve the EU's objective to ensure that global average temperature does not increase more than 2°C above pre-industrial levels. It addresses three key challenges: targets by developed countries and appropriate actions by developing countries; the need to address the financing of actions by developing countries (both to mitigate greenhouse gas emissions and adapt to climate change); and the need to build an effective global carbon market.

read more »

OECD's Secretary-General's Message to Davos: Promote a “Green” Recovery [viewed]

Article by OECD's Secretary-General

27 January 2009: The World Economic Forum Annual Meeting 2009 opened in Davos, Switzerland, under the overall theme “Shaping the Post-Crisis World.” Over 2,500 participants and 40 Heads of State and government are participating in the meeting, where business, civil society and government leaders have gathered to share ideas on how to shape the post-crisis agenda, from economic reform to climate change. In an article entitled “The world needs to rewrite the rules of finance and global business,” Angel Gurría, Secretary-General of the Organisation for Economic Co-Operation and Development (OECD), writes that the Organisation is focusing on a strategic response to the crisis involving specific policy recommendations. He stresses the need for new thinking in various areas, including in tackling climate change, social exclusion and poverty, and calls for encouraging “the low-carbon innovation needed for a “green” recovery.”

read more »

G-20 Summit to Consider a Low-Carbon Economy [viewed]

 G-20 summit in April will look at boosting low-carbon economy

27 January 2009: The UN Environment Programme (UNEP) has reported that a summit of the leaders of 20 major economies (G-20) on the financial crisis will convene on 2 April 2009, in London, UK, and will include discussions on the creation of a low-carbon economy.

read more »

UNFCCC Executive Secretary Addresses UK Parliamentarians: 2009 the Year of Climate Change and of Opportunity [viewed]

UNFCCC Executive Secretary: “2009, the year of climate change, is also the year of opportunity.”

26 January 2009: In an address to UK Parliamentarians, Yvo de Boer, UNFCCC Executive Secretary, underlined that the need for urgent action on climate change has become “abundantly clear” and that a political solution to the world's most pressing problem is critical for humanity's further development as a whole, and especially for the world's poorest and most vulnerable. Recognizing that the Poznan climate 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 adoption of the Poznan Strategic Programme on Technology Transfer and the operationalization of the Adaptation Fund, and fully endorsed an intensified negotiating schedule for 2009. 

read more »

Denmark Launches COP15 Website [viewed]

15th Conference of the Parties to the UNFCCC (COP15) and Fifth Meeting of the Parties to the Kyoto Protocol (COP/MOP5)

26 January 2009: The Danish Government, which will host the 15th Conference of the Parties to the UNFCCC (COP15) and Fifth Meeting of the Parties to the Kyoto Protocol (COP/MOP5) in December 2009 in Copenhagen, has launched a host country website.

read more »

World Bank Approves Energy Efficiency Project in Honduras [viewed]

World Bank

22 January 2009: The World Bank Board of Directors has approved a US$30 million interest-free loan to strengthen the energy sector in Honduras. The project's three components are: building the national electric power company's (Empresa Nacional de Energía Eléctrica (ENEE)) management and commercial capacity; renewing and rehabilitating distribution equipment, including the removal of polluted transformers; and institutional strengthening and corporate governance.

read more »

UNDESA to Release WESS 2009 on Climate Change and Development [viewed]

January 2009: The UN Department of Economic and Social Affairs (UNDESA) will launch the World Economic and Social Survey 2009-Climate Change and Development (WESS 2009) around mid-2009, to be available to the UNFCCC process, in particular, the Climate Change Conference in Copenhagen in December 2009.

read more »

UNFCCC Secretariat Releases Assembly Document [viewed]

January 2009: The UNFCCC Secretariat has released the revised “Assembly Document,” containing the ideas and proposals presented by parties and accredited observer organizations on the elements contained in paragraph 1 of the Bali Action Plan (BAP), received by 6 December 2008.

read more »

South Centre Releases Report on Climate Change Financing [viewed]

January 2009: South Centre, an intergovernmental think tank of developing countries, has released a report entitled “Developed Country Climate Financing Initiatives Weaken the UNFCCC,” which examines the level and delivery vehicles of public financing for climate change actions in developing countries from Annex I parties of the UNFCCC.

read more »

UN Prepares for High-Level Meeting on Food Security for All [viewed]

David Nabarro, coordinator of the Secretary-General's High-Level Task Force on the Global Food Security Crisis

19 January 2009: UN officials and representatives of international agencies belonging to the High-Level Task Force on the Global Food Security Crisis, ministers and several Heads of State will convene from 26-27 January 2009, in Madrid, Spain, for a High-Level Meeting on Food Security for All. Hosted by the Spanish Government, the meeting will review progress since the “High-Level Conference on World Food Security: The Challenges of Climate Change and Bioenergy,” held in June 2008, during which 181 States and the European Community pledged to alleviate the suffering caused by soaring food prices, stimulate agricultural development and food production, and address obstacles to food access.

read more »