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.

Capacity Building and Technology Update: Technology Action Plan Guidance Enhances Paris Agreement Implementation [viewed]

capacity_building_technology21 August 2016: In Paris, the Conference of the Parties (COP) to the UNFCCC requested the Subsidiary Body for Scientific and Technological Advice (SBSTA) to initiate the elaboration of the technology framework established under the Paris Agreement, which, among other things, should facilitate the undertaking and updating of technology needs assessments (TNAs), as well as the enhanced implementation of their results. An enhanced guidance issued by the Technology Executive Committee (TEC) for preparing a technology action plan (TAP) supports the new technology framework as well as Parties' long-term vision on technology development and transfer reflected in the Paris Agreement.

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World Bank Approves Environmental and Social Framework Inclusive of Ten Safeguards [viewed]

world_bank_new4 August 2016: An Environmental and Social Framework (ESF) meant to expand the protection of people and the environment in World Bank-financed projects has been approved by the World Bank's Board of Executive Directors, following almost four years of review.

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Event: G20 Summit - China 2016 [viewed]

The Group of 20 leaders will convene in Hangzhou, China, to discuss way to enhance international economic cooperation. The theme of the 2016 Summit is China, 'Towards an innovative, invigorated, interconnected and inclusive world economy'. Four Sherpas' Meetings will be held before the Summit for preparation, and one after the Summit on follow-up. In addition, four meetings will be held for Finance Ministers and Central Bank Governors, and six for finance deputies to move forward the financial agenda. G20 trade, employment, energy and agriculture ministers meetings as well as relevant working groups meetings will also seek to promote cooperation in their respective areas and prepare the deliverables for the Summit.  

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Event: 92nd Meeting of CDM Executive Board [viewed]

The 92nd Meeting of the Executive Board of the Clean Development Mechanism (CDM) will meet in Bonn, Germany, in October/November 2016. The CDM Executive Board supervises the Kyoto Protocol's CDM under the authority and guidance of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP).  

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Event: 39th Meeting of Joint Implementation Supervisory Committee [viewed]

The 39th Meeting of the Joint Implementation Supervisory Committee (JISC) will meet in Bonn, Germany, in September. The JISC supervises the verification procedure for submitted projects to confirm that reductions of emissions by sources or enhancements of anthropogenic removals by sinks meet the requirements of Article 6 of the Kyoto Protocol and Joint Implementation guidelines.  

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Event: 91st Meeting of CDM Executive Board [viewed]

The 91st Meeting of the Executive Board of the Clean Development Mechanism (CDM) will address, inter alia: governance and management matters; membership issues; strategic planning and direction; performance management; matters related to the Executive Board and its support structure; operations of panels and working groups; rulings; accreditation; registration; issuance; regulatory matters; standards and tools; procedures; policy issues; and relationships with forums and other stakeholders. The CDM Executive Board supervises the Kyoto Protocol's CDM under the authority and guidance of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP).  

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Event: 6th Session of the Africa Regional Platform and 5th High-Level Meeting of Disaster Risk Reduction [viewed]

The 6th Session of the African Regional Platform and the 5th High-Level Meeting of Disaster Risk Reduction (DRR) will: review progress made domestically in implementing the Sendai Framework for DRR; discuss and agree on follow-up actions to accelerate implementation; and focus on aligning the Programme of Action for implementation of the Africa Regional Strategy with the Sendai Framework. Participants will discuss: monitoring and reviewing progress in implementation; opportunities for learning and exchanging experiences, successes and challenges in applying disaster risk management (DRM) of risk knowledge; progress made on preparedness, recovery and reconstruction under the 'build-back- better' approach; and risk-informed development. Outcomes will include: the Africa Programme of Action to implement the Sendai Framework in Africa; the Mauritius Declaration on implementation of the Africa Programme of Action; and an 'Africa Position' that will be presented at the 5th session of the Global Platform for DRR, which will convene from 22-26 May 2017, in Cancun, Mexico. Outcomes will also be submitted to the African Union (AU) Policy Organs for consideration and adoption during the AU Summit in January 2017. This meeting will also commemorate the first-ever World Tsunami Awareness Day. Representatives of African countries, stakeholder groups and development and humanitarian partners will attend the meeting. This event is being organized by the AU Commission, with support from the UN Office for DRR (UNISDR), and hosted by the Government Mauritius with support from the Southern African Development Community (SADC) Secretariat.  

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Event: Fourth Meeting of the Executive Committee of the Warsaw International Mechanism for Loss and Damage [viewed]

The fourth meeting of the Executive Committee of the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts (Loss and Damage Mechanism) will take place in Bonn, Germany, in September. The Loss and Damage Mechanism addresses loss and damage associated with impacts of climate change, including extreme events and slow onset events, in developing countries that are particularly vulnerable to the adverse effects of climate change. It was established by the 19th session of the Conference of the Parties to the UNFCCC (COP 19) in Warsaw, Poland, in 2013.  

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Event: 25th Session of the Committee on Sustainable Energy [viewed]

The 25th session of the Committee on Sustainable Energy will focus on: 'Energy for Sustainable Development'; how to deliver on national commitments in support of the Sustainable Development Goals (SDGs); and potential solutions to be agreed on at an Energy Ministerial that will take place during the Eighth International Forum on Energy for Sustainable Development in Astana, Kazakhstan, on 11 June 2017. The Committee will also exchange views on, inter alia: national actions; market realities in the context of low oil and gas prices; decision making during periods of risk and uncertainty; and the impact of decarbonization on fossil fuel assets, fossil fuel producers and energy markets in Europe. Topics addressed will also include: the effect of oil prices on the sustainable energy agenda; measuring and tracking progress regarding energy productivity; gaps between actions and nationally determined contributions (NDCs) and between NDCs and outcomes; the role of fossil fuels in a future energy system; the water, food and energy nexus and connections with smart cities and transport; and methane management in extractive industries. This meeting is being organized by the UN Economic Commission for Europe (UNECE).  

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Event: Informal Negotiations on Habitat III Outcome Document [viewed]

Informal negotiations on the 'Surabaya Draft of New Urban Agenda' will take place in September 2016. The current draft is the result of the negotiations at the third session of the Preparatory Committee for the Habitat III Conference (PrepCom 3), held in Surabaya, Indonesia, from 25–27 July 2016. Habitat III is expected to adopt the New Urban Agenda in Quito, Ecuador, in October 2016.  

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