Finance

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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Recommendations by the Commission of Experts of the UNGA President on Reforms of the International Monetary and Financial System Address Nexus between Climate Change and the Economic Crisis [viewed]

19 March 2009: The UN General Assembly (UNGA) President has transmitted the recommendations of the Commission of Experts of the President of the UNGA on Reforms of the International Monetary and Financial System to UN member States. The recommendations will be addressed in an interactive thematic dialogue on “The World Financial and Economic Crisis and its Impact on Development,” which will convene from 25-27 March 2009, at UN Headquarters in New York, US.

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First GEF-5 Replenishment Meeting Convenes in Paris [viewed]

First GEF-5 Replenishment Meeting Convenes in Paris

18 March 2009: Thirty countries met in Paris, France, to discuss the fifth replenishment of the Global Environment Facility (GEF-5), with several calling for a substantial increase in the replenishment of the GEF. The First Meeting of Contributing Participants towards GEF-5 gathered prospective donors from developed and developing countries from 17-18 March 2009, to consider, inter alia, innovative sources of funding, including the possibility of obtaining carbon credits for GEF projects that mitigate greenhouse gas emissions.

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International Policy Dialogue Addresses the Development Perspective of Financing the Climate Agenda [viewed]

Financing the Climate Agenda: The Development Perspective

23 March 2009: The International Policy Dialogue on “Financing the Climate Agenda: The Development Perspective” took place in Berlin, Germany, from 19-20 March 2009. The event was convened by the Development Policy Forum, InWEnt, Germany, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), in cooperation with the UN Foundation and with the support of the KfW Banking Group. 

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UNFCCC Secretariat Releases AWG-LCA Scenario Note [viewed]

20 March 2009: The UNFCCC Secretariat has released the scenario note (FCCC/AWGLCA/2009/2) for the upcoming fifth session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA), which will be held in Bonn, Germany, from 29 March-8 April 2009.

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UNFCCC Executive Secretary Stresses OPEC Members' Role in Investing in Clean Sources of Energy [viewed]

19 March 2009: Speaking at the Organization of Petroleum Exporting Counties' (OPEC) Fourth International Seminar on Petroleum, organized around the theme “Petroleum: Future Stability and Sustainability,” which took place on 18-19 March 2009, in Vienna, Austria, UNFCCC Executive Secretary Yvo de Boer underscored the importance of introducing climate-friendly technologies despite the fact that oil will remain a dominant source of energy in the near future.

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Under-Secretary-General Highlights Water-Climate Links at World Water Forum [viewed]

UN Under-Secretary-General for Economic and Social Affairs Sha Zukang

17 March 2009: UN Under-Secretary-General for Economic and Social Affairs Sha Zukang addressed several audiences at the fifth World Water Forum, which met from 16-22 March 2009, in Istanbul, Turkey. During the opening ceremony, he suggested “four strategic actions on bridging divides for water,” including engaging with other policy communities on the nexus between water challenges and climate change, accelerating progress in climate change adaptation, and improving human and institutional capacity backed by adequate financial resources.

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UNEP Releases Policy Brief on Global Green New Deal in Advance of G20 [viewed]

UN spotlights five key areas to spur sustainable economic recovery

19 March 2009: The UN Environment Programme (UNEP) has released “Global Green New Deal: Policy Brief,” which aims to inform the debate at the upcoming G20 meeting to be held in London, UK, in early April 2009.

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