Finance

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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UNFCCC Secretariat Releases Reports on Technology Transfer under the Convention [viewed]

25 March 2009: The UNFCCC Secretariat has released three reports related to technology transfer under the Convention. The three notes by the Chair of the Expert Group on Technology Transfer contain advance reports on: the long-term perspective to facilitate the development, deployment, diffusion and transfer of technologies; financing options; and performance indicators.

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UNFCCC Secretariat Releases Australia's and the Philippines' Submissions on the Elements Contained in Paragraph 1 of the Bali Action Plan [viewed]

 24 March 2009: The UNFCCC Secretariat has released a compilation document containing the submissions by parties on “Ideas and proposals on the elements contained in paragraph 1 of the Bali Action Plan” (FCCC/AWGLCA/2009/MISC.1/Add.2). This document is an addendum to previous submissions from parties contained in documents FCCC/AWGLCA/2009/MISC.1/ Add.1 and FCCC/AWGLCA/2009/MISC.1, and contains two further submissions from Australia on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries, and from the Philippines on Proposed Mitigation Actions.

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UNECE's 63rd Session to Address Climate Change Mitigation and Adaptation [viewed]

March 2009: The UN Economic Commission for Europe (UNECE) will hold its 63rd session from 30 March-1 April 2009, in Geneva, Switzerland, and is scheduled to address economic development in the region, and climate change mitigation and adaptation.

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ILO Study Calls for Paving the Way to a Green Economy [viewed]

March 2009: The International Labour Organization (ILO) has released “The Financial and Economic Crisis: A Decent Work Response,” which examines current rescue efforts in 32 countries, including all members of the G20, and notes that demographic projections suggest that nearly 90 million net new jobs would be needed over 2009-2010 to absorb new entrants in the labor market and avoid a prolonged jobs gap. The study calls for enhanced cooperation among key international organizations and a reprioritization between these goals, to, inter alia: pave the way for a green economy; and enhance the Green Jobs agenda, considering that green technologies tend to be more job-rich than their carbon-intensive counterparts.

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ASEM to Hold First Ministerial Conference on Energy Security [viewed]

March 2009: The Asia-Europe Meeting (ASEM), an informal process of dialogue and cooperation bringing together the 27 EU member States and the European Commission with 16 Asian countries and the Association of Southeast Asian Nations Secretariat, is organizing the First ASEM Ministerial Conference on Energy Security, to be held from 17-18 June 2009, in Brussels, Belgium.

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World Bank's 2009 Development Marketplace Grant Competition Launched [viewed]

Development Marketplace

23 March 2009: The World Bank has launched its annual Global Development Marketplace competition for seed grants.

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