Finance

UN Deputy Secretary-General Calls for “Climate-Proofing” the MDGs [viewed]

UN Deputy Secretary-General Asha-Rose Migiro

11 March 2009: In a speech titled “Navigating the Shifting Sands of Globalization,” delivered at a conference convened jointly by the International Monetary Fund (IMF) and the Government of the United Republic of Tanzania, in Dar es Salaam, UN Deputy Secretary-General Asha-Rose Migiro underlined the need to acknowledge the gravity of the current challenges facing Africa, including climate change and the food and energy crises.

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ECLAC Presents Climate Change Reports [viewed]

ECLAC Presents Climate Change Reports

10 March 2009: The UN Economic Commission for Latin America and the Caribbean (ECLAC) has launched a report titled “Climate Change and Development in Latin America and the Caribbean: A Review.” The report was released during a seminar on “Climate Change: The Challenges for Growth in Chile and Latin America,” which took place on 11 March 2009, in Santiago, Chile. The report concludes that Latin America and the Caribbean may suffer more impacts of climate change than other regions because of the number of island States present in the region, low coastal areas and prevalence of hurricanes. Considering greenhouse gas emissions in the region are relatively low (11.7% of global emissions in 2000) the authors recommend authorities to focus on adaptation.

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UN Secretary-General and US President Stress Need for Agreement on Climate Change [viewed]

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Report on Arctic Ocean Observing System 2008 Released [viewed]

Integrated Arctic Ocean Observing System (iAOOS)

March 2009: A report of the integrated Arctic Ocean Observing System (iAOOS) for 2008 has been prepared by the Arctic Ocean Sciences Board, one of the two supporting organizations of the system.

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GEF Releases Review of its Work on Sustainable Forest Management [viewed]

GEF Releases Review of its Work on Sustainable Forest Management

March 2009: The Global Environment Facility (GEF) has published a report titled “A New Climate for Forests: GEF Action on Sustainable Forest Management.” This report reviews: the GEF's work on sustainable forest management (SFM); projects and programmes related to SFM in the GEF's current portfolio; and potential roles for promotion of SMF through the GEF in the post-2012 climate regime.

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UNFCCC Secretariat Releases Agendas for June Meeting [viewed]

UNFCCC Secretariat

9 March 2009: The UNFCCC Secretariat has released the provisional annotated agendas for the 30th sessions of the Subsidiary Body for Scientific and Technological Advice (SBSTA) (FCCC/SBSTA/2009/1) and the Subsidiary Body for Implementation (SBI) (FCCC/SBI/2009/1), which will convene from 1-12 June 2009, in Bonn, Germany.

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World Bank Meeting Considers Design of Forest Investment Program [viewed]

World Bank

6 March 2009: The second design meeting for the World Bank's Forest Investment Program (FIP), a part of its Climate Investment Framework (CIF), took place on 5-6 March 2009, in Washington DC, US.

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UNFCCC Executive Secretary Recaps Meetings with US Officials [viewed]

Yvo de Boer

6 March 2009: Speaking at the noon press briefing at UN Headquarters in New York, US, Yvo de Boer reported on his recent meetings with high-level US officials in Washington, DC, US. The Executive Secretary of the UNFCCC said he had been “very encouraged” by his meetings with representatives of both Houses of Congress on the prospects for the passage of climate change legislation, as well as with senior Cabinet members. He pointed to Congress' support to set up a US cap-and-trade scheme and to provide financial support to developing countries to make the transition to a low-carbon pathway.

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IDB and Nicholas Stern Present Country Studies on Climate Impact [viewed]

IDBLogo_en5 March 2009: Lord Nicholas Stern and the Inter-American Development Bank (IDB) hosted a seminar on “Development in a More Hostile Climate” during which country-level studies of the economic impact of climate change in Brazil, Mexico and South East Asia were presented.

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World Bank Group Supports Renewable Energy Projects in Chile and Armenia [viewed]

International Finance Corporation (IFC)

February 2009: The International Finance Corporation (IFC), a member of the World Bank Group, is financing the construction of the Totoral Wind Farm, Chile's first-ever project-financed wind farm. In related news, the World Bank's Vice President for Europe and Central Asia approved a grant of US$1.5 million for the Armenia Geothermal Energy Development project funded under the Global Environment Facility's (GEF) Geothermal Energy Development Program (GeoFund).

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