Mitigation

World Bank signs first CDM Solid Waste Composting Project in Cairo [viewed]

Carbon_finance_unit

1 July 2008:The World Bank signed its first greenhouse gas emission

reductions purchase agreement in Egypt, for a municipal solid waste-composting

project. The facility will feature waste sorting for recovery of recyclables

and aerobic composting of organic waste, reducing the amount of methane and

other greenhouse gases emitted from the landfill site.

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ADB Establishes a US$100 Million post-2012 Carbon Fund [viewed]

Carbon_finance_initiative

8 July 2008: The Asian Development Bank

(ADB) has established a new fund to finance clean energy projects, in the

Asia-Pacific region, that generate carbon credits beyond 2012. “The new fund will provide an incentive

for the ADB's developing member countries to scale up energy efficiency and the

use of renewable energy sources that will contribute to both climate change

mitigation and enhanced energy security,” ADB Vice President Ursula

Schäfer-Preuss said.

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UN Secretary-General Urges G8 to Focus on Climate Change [viewed]

Ban_kimoonl

9

July 2008: In a series of statements and articles over the past two weeks, UN

Secretary-General Ban Ki-moon has emphasized the linkages between the food

crisis, climate change and the achievement of the Millennium Development Goals

(MDGs).

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UNEP Report: Global Trends in Sustainable Energy Investment 2008 [viewed]

Global Trends in Sustainable Energy Investment 2008 1 July 2008: The

United Nations Environment Programme (UNEP) has launched the Report Global

Trends in Sustainable Energy Investment 2008: Analysis of Trends and Issues in

the Financing of Renewable Energy and Energy Efficiency. The Report notes

record breaking investment levels in the sustainable energy sector during 2007,

with over US$148 billion of new investment, an increase of 60% over 2006,

largely driven by wind power.

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UNGA President Underscores Importance of Climate Change [viewed]

United_nations

8 July 2008: The UN General Assembly

(UNGA) met informally on 8 July 2008, at UN Headquarters in New York, US, to

consider the theme “Climate Change and the Most Vulnerable Countries - the

Imperative to Act.”

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UNICEF: J8 Representatives Present Proposals on Climate Change, Poverty and Development, and Global Health to G8 Leaders [viewed]

Junior 8

7

July 2008: Nine young people representing the participants in the “Junior 8” (J8)

Summit, held in Chitose City, Hokkaido, Japan, from 2-9 July 2008, presented

their proposals for global development to the leaders of the Group of Eight Industrialized

Countries (G8), in an initiative led by the UN Children's Fund (UNICEF).

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Japan Bank for International Cooperation, Pakistan Ministry of Environment and Japan Carbon Finance Ltd Sign CDM Memorandum of Understanding [viewed]

JBIC Signs a MOU on the Kyoto Mechanisms with the Ministry of Environment

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July 2008: The Japan Bank for International Cooperation (JBIC) has signed a

Memorandum of Understanding (MOU) with Pakistan's Ministry of Environment and

Japan Carbon Finance Limited (JCF) to promote the Clean Development Mechanism

(CDM) in Pakistan and to support Japanese entities in their acquisition of the

carbon credits generated by the CDM projects.

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ECOSOC High-level Segment Ministerial Declaration Addresses “Implementing the Internationally Agreed Goals and Commitments in Regard to Sustainable Development” [viewed]

Economic and Social Council Calls for Urgent Actions to Put Global Economy

3 July 2008: The High-level Segment of the UN Economic

and Social Council's (ECOSOC) Substantive Session has developed a Ministerial

Declaration entitled “Implementing the internationally agreed goals and

commitments in regard to sustainable development.” The four-day High-level

Segment (30 June-3 July) convened at UN Headquarters in New York, US, and

consisted of four elements: a high-level policy dialogue on the state of the

world economy and its implications for the achievement of the UN Development

Agenda (30 June); the first Development Cooperation Forum (30 June-1 July); the

second Annual Ministerial Review (2-3 July); and a thematic debate on

integrated approaches to rural development (3 July).

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“Carbon Taxes - A Tool for Managing Climate Change or a Threat to the World's Poor?” [viewed]

Financing_or_dev_2

17 June 2008: The UN Financing for Development Office, UN-DESA and the Friedrich Ebert

Foundation organized an event on “Carbon Taxes - A Tool for Managing Climate Change or a Threat to the

World's Poor?” on 17 June, 2008, at UN

Headquarters in New York.

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UNEP and Daimler Call for Infrastructure for Electric and Fuel-cell Vehicles [viewed]

Magdeburg

4 July 2008: At the

fifth Magdeburg Environmental Forum held from 3-4 July 2008, in Magdeburg,

Germany, the United Nations Environment Programme (UNEP) and car manufacturer

Daimler called for the establishment of infrastructure for electric and

fuel-cell vehicles.

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