Finance

EEA Highlights Employment, Innovation Benefits of a Green Economy [viewed]

EEA15 July 2014: The European Environment Agency (EEA) has released a report, titled 'Resource-efficient green economy and EU policies,' which describes a range of policies with environmental and economic benefits that can help Europe create jobs and encourage innovation.

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UNEP Releases 2014 Year Book on Emerging Environmental Issues [viewed]

UNEPJuly 2014: UNEP has made available an e-book edition of its year book, titled ‘UNEP Year Book 2014: Emerging Issues in Our Global Environment,' which illustrates, across ten chapters, the emergence of current environmental challenges and explores innovative solutions to address them.

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UN Secretary-General Appoints Special Envoy on Climate Change [viewed]

mary-robinson14 July 2014: UN Secretary-General Ban Ki-moon has appointed Mary Robinson, former President of Ireland and former UN High Commissioner for Human Rights, as his Special Envoy for Climate Change. Robinson was brought on to engage Heads of State and Government, help mobilize political will and action, and raise ambition in advance of the 2014 Climate Summit.

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Workshop Addresses HFC Management [viewed]

UNEP OZONE13 July 2014: The Workshop on Hydrofluorocarbon (HFC) Management provided an opportunity for focused and in-depth discussions on key issues related to HFC management. Sessions addressed four topics, namely: technical aspects; legal aspects; finance and technology transfer; and policies and measures. The workshop was convened in response to discussions held at the twenty-fifth Meeting of the Parties (MOP 25) to the Montreal Protocol on Substances that Deplete the Ozone Layer (Montreal Protocol).

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FCPF Welcomes Belize, Sudan and Uruguay [viewed]

Forest Carbon10 July 22014: The seventeenth meeting of the Forest Carbon Partnership Facility (FCPF) Participants Committee accepted Belize, Sudan and Uruguay into the Partnership. The Partnership now includes 47 countries.

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UN-REDD Policy Board Approves US$35 Million in Funding [viewed]

UN-REDD Programme9 July 2014: The twelfth meeting of the Policy Board of the UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) approved more than US$35 million in funding for REDD+ readiness. The funding included allocations for National Programmes in Argentina, Cote d'Ivoire and Mongolia.

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Event: Sixth BRICS Summit [viewed]

The sixth Summit of the BRICS, which comprises Brazil, Russia, India, China and South Africa, will convene in Fortaleza and Brasília, Brazil, from 15-16 July, under the theme 'Inclusive Growth, Sustainable Solutions'. The Summit will discuss the establishment of the BRICS Development Bank, aimed at financing infrastructure and sustainable development projects, and the Contingent Reserve Arrangement for assisting countries of the bloc. Discussions will also be held on social inclusion and development. The Summit is expected to result in the signing of two primary financial agreements, an action plan for common social indicators methodologies, and the Fortaleza Declaration containing views of the group on matters on the international agenda and of cooperation within the BRICS. Preceding the Summit, meetings of the BRICS finance ministers, central bank governors and ministers of trade, the BRICS Business Forum and Business Council, and the BRICS Financal Forum will be held on 14 July in Fortaleza.  

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WMO Maps Mortality and Economic Loss from Extreme Events [viewed]

WMO11 July 2014: The World Meteorological Organization (WMO) and the Centre for Research on the Epidemiology of Disasters (CRED) of the Catholic University of Louvain (UCL) in Belgium have jointly published the ‘Atlas of Mortality and Economic Losses from Weather, Climate and Water Extremes 1970-2012,' which describes the distribution and impacts of weather, climate and water-related disasters, and highlights measures to increase resilience.

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UNDP Highlights Humanitarian, Development and Climate Finance Synergies [viewed]

UNDP10 July 2014: Helen Clark, Administrator of the UN Development Programme (UNDP) and Chair of the UN Development Group (UNDG), has launched a report by the UNDP Multi-Partner Trust Fund Office (MPTF Office) focusing on the role of pooled financing mechanisms in strengthening synergies among humanitarian, development and climate finance provided to fragile and conflict-affected countries.

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World Bank Issues First Catastrophe Bond [viewed]

worldbank-ccrif8 July 2014: The World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued its first catastrophe ("cat") bond, which will benefit the 16 member States of the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The bond, which is a three-year, US$30 million transaction under IBRD's Capital-at-Risk Notes Program, is linked to tropical cyclone and earthquake risk in CCRIF countries.

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