Finance

ECLAC Executive Secretary Urges Response to Climate Change [viewed]

© ECLAC9 April 2009: Alicia Bárcena, Executive Secretary, UN Economic Commission for Latin America and the Caribbean (ECLAC), highlighted that the current focus on responding to the international financial crisis should not postpone efforts to address the effects of climate change. She outlined the region's priorities in addressing climate change during a conference on the Japanese proposal Cool Earth 50 offered by Akio Hosono at ECLAC headquarters in Santiago, Chile.

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EIB Provides US$220 Million in Funds to Mitigate Climate Change in China [viewed]

© EIB 2 April 2009: The European Investment Bank (EIB) is providing a total of EUR 220 million in three operations that will contribute to the mitigation of climate change, within the objectives of the China Climate Change Framework Loan (CCCFL), signed with the People's Republic of China in November 2007.

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Event: 19th Session of the Conference of the Parties to the UNFCCC [viewed]

UNFCCC COP 19 and CMP 9 and the subsidiary bodies will convene in Warsaw, Poland.  

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UNEP Finance Initiative Announces e-Learning Course on Climate Change Risks and Opportunities for the Financial Sector [viewed]

© UNEPApril 2009: The e-Learning course “Climate Change: Risks and Opportunities for the Finance Sector,” run by the UN Environment Programme (UNEP) Finance Initiative Climate Change Working Group, will take place from 8-26 June 2009.

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UNFCCC Bonn Talks Conclude [viewed]

© Chair Zammit Cutajar gavels the meeting to a close8 April 2009: The fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 5) and the seventh session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP 7) concluded on 8 April 2009, in Bonn, Germany. Among other decisions, parties decided to convene two additional meetings in 2009 and they mandated the new AWG-KP Chair John Ashe (Antigua and Barbuda) to prepare a proposal for amendments to the Kyoto Protocol under Article 3.9 (Annex I further commitments) and a text on other issues, such as LULUCF and the flexibility mechanisms.

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Executive Committee of the Multilateral Fund for the Implementation of the Montreal Protocol Considers Costs Associated with Climate Benefits [viewed]

© Multilateral Fund7 April 2009: The Executive Committee of the Multilateral Fund for the Implementation of the Montreal Protocol held its 57th meeting in Montreal, Canada, from 30 March-3 April 2009. The Committee approved US$25.5 million for projects and activities to phase-out ozone depleting substances (ODS), including funds for the phase-out of hydrochlorofluorocarbons (HCFCs).

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EBRD Funds Clean Energy Investments across Eastern Europe and the Balkans [viewed]

© EBRD31 March 2009: The European Bank for Reconstruction and Development (EBRD) is intensifying its lending for energy efficiency and clean energy projects, and has recently established two new facilities worth €110 million to finance investments by enterprises in the Western Balkans in energy efficiency and renewable energy projects.

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UN Secretary-General to IPU Assembly: Parliamentarians Play Crucial Role in Addressing Climate Change [viewed]

© IPU5 April 2009: In a message delivered to the 120th Assembly of the Inter-Parliamentary Union (IPU), held from 5-10 April 2009, in Addis Ababa, Ethiopia, UN Secretary-General Ban Ki-moon called on parliamentarians to help maintain the momentum to address climate change in face of the current economic crisis.

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UN Secretary-General Discusses Climate Change at CEB Meeting [viewed]

© CEB3 April 2009: UN Secretary-General Ban Ki-moon was in Paris, France, on 3 April 2009, for a two-day gathering of the UN System Chief Executives Board for Coordination (CEB).

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World Bank Holds Energy Week [viewed]

© World Bank3 April 2009: The World Bank's “Energy Week 2009,” which convened from 31 March-2 April 2009, in Washington DC, US, focused on the theme “Energy, Development, and Climate Change.” During the week, energy and development policy-makers and practitioners analyzed several issues, including energy innovations for clean transport; securing a climate sensitive energy supply; integrating wind energy development; and scaling up energy efficiency for climate change mitigation.

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