Economics, Trade & Investment

This section deals with the perceived tension between effective action to slow climate change and maintenance of competitiveness. It also covers investments in climate change mitigation and adaptation activities, and the growing financial architecture responding to the climate change challenge.

BNEF Assesses Clean Energy Activities in Emerging Economies [viewed]

DFID MIF USAID Bloomberg New Energy Finance28 October 2014: A study by Bloomberg New Energy Finance (BNEF) assessing clean energy activities and investments in emerging markets has found that capacity additions in these markets, over the past five years, totalled 142 GW, representing faster growth than in developed countries, and equal to more than France's existing clean energy capacity.

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Global Green Growth Forum Discusses Production and Consumption, Launches Partnerships [viewed]

3gf22 October 2014: The Fourth Global Green Growth Forum (3GF2014) explored key related questions and launched or leveraged 11 collaborative partnerships. The Forum, which brought together over 500 leaders and decision makers from governments, cities, businesses, finance and civil society, explored actions needed for promoting sustainable production and consumption for a greener economy under the theme ‘Changing Production and Consumption Patterns through Transformative Action.'

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Turks and Caicos Islands Joins Carbon War Room Ten Island Challenge [viewed]

tc-rm-cwr16 October 2014: The Turks and Caicos Islands has committed to working to increase renewable energy production and energy efficiency through a Memorandum of Understanding (MoU) signed with the Carbon War Room and the Rocky Mountain Institute to join the ‘Ten Island Challenge' initiative, which supports Caribbean islands in moving away from fossil-fuel dependence by identifying technical and commercial solutions for facilitating low-carbon energy use.

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EU-Backed Project Launches Electronic Atlas on Climate Change Adaptation [viewed]

empas 16 October 2014: A collaborative European research project has launched a website with stories and maps relating to climate change adaptation issues. The website, titled ‘Climaps: A Global Issue Atlas of Climate Change Adaptation,' was developed as part of the three-year ‘Electronic Maps to Assist Public Science (EMAPS)' project, which received funding from the European Commission's Seventh Framework Programme for Research (FP7) ‘Science in Society' programme, and used the ‘controversy mapping' method to illustrate the main actors and controversies around major scientific debates.

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Event: Conference on EU Energy Union [viewed]

The European Commission (EC), in cooperation with the Directorate-General for Energy and the Directorate-General for Enterprise and Industry, is organizing a conference under the theme 'How to shape Energy Policy so as to boost European competitiveness?'. The conference aims to analyze how the EU can achieve stable and affordable energy prices, increase industrial competitiveness and simultaneously meet climate and environmental objectives. Topics of discussion will include, inter alia, domestic energy resources, taxes and the EU emissions trading system (ETS). Participants will include high-level representatives of national and European institutions, authorities, industry, research centers, academics, civil society, political decision-makers and industry Chief Executive Officers (CEOs).  

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ADP Prepares for Lima [viewed]

adp625 october 2014: The sixth part of the second session of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP 2-6) under the UN Framework Convention on Climate Change (UNFCCC) focused on preparing key documents for the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, scheduled to take place in Lima, Peru, in December 2014.

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GEF Council CSO Consultation Discusses Gender Policy, Public Involvement [viewed]

GEF27 October 2014: The Global Environment Facility (GEF) Council consultation meeting with civil society organizations (CSOs) gathered approximately 150 participants to focus on four topics: a dialogue with the GEF CEO; gender mainstreaming and public involvement in GEF projects; the work of the GEF-CSO Network; and CSO engagement in the sixth replenishment of the GEF (GEF-6).

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Philippines National Budget "Tags" Climate Change Response Funds [viewed]

World Bank-Philippines24 October 2014: In the Philippines, 53 national agencies have begun the process of "tagging" proposed climate change funding in their 2015 national budget submissions. With over 5% of the total tagged as climate change expenditures, the system intends to make the tracking, strategy and prioritization of the national response to climate change more transparent.

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CIF, CPI Publish Background Paper on Geothermal [viewed]

CIFOctober 2014: A background report prepared by the Climate Policy Initiative (CPI) for the Climate Investment Funds (CIF) finds that, overall, geothermal is cost competitive with its fossil fuel alternatives, even in the absence of a carbon price. At a levelized cost of electricity (LCOE) of 9-13 US cents per kilowatt-hour (kWh), it is among the least expensive renewable sources of power. However, the publication points out that more deployment is needed for geothermal to achieve its full potential.

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UNFCCC Releases Advance Version of Technical Paper for Adaptation Fund Review [viewed]

UNFCCC23 October 2014: The UNFCCC Secretariat has published an advance version of a technical paper (FCCC/TP/2014/7) that provides background information for the second review of the Adaptation Fund. The paper serves to assist delegations in their preparations for the 10th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 10) to be held in Lima, Peru, from 1-12 December 2014.

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