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.

April 2014 Water Finance Update [viewed]

worldbank-idb-afdb-ebrd-gefApril 2014: Throughout April 2014, the World Bank, Global Environment Facility (GEF), Asian Development Bank (ADB), Inter-American Development Bank (IDB), African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) approved finance for and highlighted results of projects across Africa, Latin America, Asia and Europe, as well as in small island developing states (SIDS) to: improve water supply and sanitation; build urban and rural water infrastructure; reduce water-related disaster risk and increase climate resilience; improve agricultural water efficiency; construct hydro-power facilities; protect aquatic biodiversity; and promote transboundary water cooperation.

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UNFCCC Publishes ADP Reflections and Scenario Notes [viewed]

UNFCCC17 April 2014: The UNFCCC Secretariat has published two documents related to the work of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP). The first provides reflections on progress made at the fourth part of the ADP's second session, and the second is a scenario note on the fifth part of the ADP's second session.

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UN Global Compact Publishes 10 Briefs on SDGs, Post-2015 Agenda [viewed]

Globalcompact10 April 2014: The UN Global Compact has launched a series of issue briefs on the post-2015 development agenda and Sustainable Development Goals (SDGs). The briefs address the following priority issues: climate and energy; education; food and agriculture; governance and human rights; health; infrastructure and technology; peace and stability; poverty; water and sanitation; and women's empowerment. 

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Event: Seventh Meeting of the Green Climate Fund Board [viewed]

The seventh meeting of the Board of the Green Climate Fund (GCF) will be held in Songdo, Republic of Korea, from 18-21 May 2014. The preparatory meetings of the Board and informal consultations among registered observers will take place on 17 May 2014. The GCF is an operating entity of the financial mechanism of the UNFCCC.  

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Event: NAP-GSP Africa Regional Training Workshop (Francophone) [viewed]

The National Adaptation Plan Global Support Programme (NAP-GSP) will convene a four-day, high-level training and knowledge exchange on developing and implementing NAPs. Environment, finance and planning ministers from French-speaking Least Developed Countries (LDCs) in Africa will attend the workshop. The workshop objectives include: improving understanding of the NAP process; clarifying entry points for a NAP process, taking into account the local political economy; identifying the technical, financial and institutional needs for integrating the NAP process into the country's planning and budgeting process; learning what other countries have done/are doing to advance their NAPs; increasing awareness of methods and tools for developing a strategy to advance NAPs in the ministers' respective countries; and exchanging information on the potential financing mechanisms for NAPs. NAP-GSP is a project of the UN Development Programme (UNDP) and the UN Environment Programme (UNEP).  

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Central American Countries to Join Risk Insurance Facility [viewed]

CCRIF21 April 2014: Finance ministers from Central American and Caribbean countries gathered during the World Bank Group and International Monetary Fund (IMF) Spring Meetings to discuss how the Caribbean Catastrophe Risk Insurance Facility (CCRIF) might be expanded to include Central American countries. Honduras and Nicaragua were the first Central American countries to announce they will become CCRIF members.

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Event Focuses on Latin American Leadership Ahead of COP 20 [viewed]

Christiana Figueres, UNFCCC Executive Secretary16 April 2014: An event titled ‘Governing Climate Change: New Ideas and Latin American Leadership as Peru Prepares to Host the 2014 UN Climate Negotiations' and hosted by Brown University in Providence, US, was chaired by former Chilean President Richard Lagos, who also previously served as UN Special Envoy for Climate Change.

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World Congress Discusses Diversification of Tourism in Mountain Regions [viewed]

UNWTO15 April 2014: The Eighth World Congress on Snow and Mountain Tourism gathered under the theme ‘Mountainlikers: New Trends in Mountain Tourism for the Summer Season' to discuss opportunities for strengthening the economic competitiveness of mountain regions that are heavily dependent on seasonal tourism. A main objective of the Congress is the development of an overview of successful business models and innovations, especially given the projected impacts of climate change.

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OWG Co-Chairs Issue Working Document with 16 Focus Areas, 140 Targets [viewed]

owg17 April 2014: The Co-chairs of the Open Working Group (OWG) on Sustainable Development Goals (SDGs) have issued a revised working document in preparation for the OWG's 11th session. The new document represents the latest revision to the set of "focus areas" under consideration in the OWG. It includes 16 focus areas and 140 targets.

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Carbon Fund Approves REDD+ Proposals from DRC, Ghana, Mexico and Nepal [viewed]

Forest Carbon17 April 2014: The Democratic Republic of the Congo (DRC), Ghana, Mexico and Nepal will each receive $50-$70 million to demonstrate how Reducing Emissions from Deforestation and Forest Degradation (REDD+) can work on the ground.

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