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.

GCF Publishes Compilation of Submissions on Investment Framework [viewed]

green-climate-fund-newOctober 2014: The Green Climate Fund (GCF) has published a compilation of submissions on the Fund's investment framework. Following the adoption of the Fund's initial investment framework in August 2014, the GCF Board's Investment Committee is considering elements for further development of the framework, including: definitions for activity-specific sub-criteria and a set of activity-specific indicators; minimum benchmarks for each criterion, consideration of best practices of other institutions; and identification and comparison of methodologies for assessing the relative quality and innovativeness of comparable funding proposals in comparable circumstances.

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EMG SOM20 Focuses on UN System-Wide Strategy on Environment, SDGs [viewed]

emeg25 September 2014: During the 20th Senior Officials Meeting (SOM20) of the Environment Management Group (EMG), senior management of 38 UN agencies, multilateral agreement bodies and intergovernmental financial institutions focused on coherence in environmental programming, sustainable operations and the Sustainable Development Goals (SDGs). The senior officials also undertook important discussions on the Group's contribution to the preparation of a UN System-Wide Strategy on the Environment.

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GCF Board Paves Way for Initial Resource Mobilization [viewed]

green-climate-fund-new18 October 2014: The eighth meeting of the Board of the Green Climate Fund (GCF) adopted decisions that form the foundation for robust capitalization, and endorsed the Fund's policies for receiving funding so that contributors can make pledges by the end of November.

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World Bank Organizes “Boot Camp” for Green Businesses in Viet Nam [viewed]

World Bank17 October 2014: The World Bank and the Asian Development Bank (ADB) have created a course to support Vietnamese businesses in developing sustainable energy-related solutions and adaptation technologies in the transport, agricultural and water sectors. The ‘Clean Tech Bootcamp,' which consisted of lectures and workshops for 24 small- and medium-size clean-technology start-up companies, will be proceeded with support from a local business hub, to be established in the second half of 2014.

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Event: Second International Conference on Renewable Energies for Developing Countries (REDEC 2014) [viewed]

The Second International Conference on Renewable Energies for Developing Countries (REDEC 2014) will explore solutions for energy saving and production in developing countries, including in the areas of: renewable energy resources; renewable energy conversion; energy storage; energy management, saving and efficiency; renewable energy-relevant policies and regulation in developing countries; technologies for rural energy service provision; and regional and international support programs for renewable energy in developing countries. A joint event on 'Appropriate Technologies and Mechanisms for Energy Services in Arab Rural Areas' will be organized by the UN Economic Commission for Western Asia (ESCWA) on 25 November.  

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Event: Second Preparatory Committee meeting for Third UN World Conference on Disaster Risk Reduction [viewed]

A second session of the Preparatory Committee for the Third International Conference on Disaster Risk Reduction (DRR) is expected to develop the draft post-2015 DRR framework. In addition to negotiations on this document, technical workshops will convene to address: indicators, monitoring and review process for the post-2015 framework; and integration of disaster risks in financial regulation. The Chair is also expected to hold two dialogue sessions with major groups. The Third International Conference on DRR will be held in Sendai, Japan, in March 2015.  

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Event: 12th Development and Climate Days [viewed]

The 12th Development and Climate Days will be held on the sidelines of the 20th session of the Conference of the Parties (COP 20) to the UNFCCC. The slogan of the event, 'Zero poverty. Zero emissions. Within a generation' draws attention to the need for climate change mitigation, adaptation and increased resilience in order to eradicate poverty. The programme for the conference includes a series of sessions directed toward integrating climate and poverty reduction targets. Representatives from the intergovernmental, public, private, non-profit and media sectors will elaborate on the 'zero-zero' vision, pitch ideas for achieving these goals, discuss potential financing pathways, consider radical adaptation measures, and lead games on trade-offs and spurring political change. This annual event is jointly organized by the Red Cross Red Crescent Climate Centre, the International Institute for Environment and Development (IIED), the Overseas Development Institute (ODI) and the Climate and Development Knowledge Network (CDKN).  

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Event: REN21 Renewables Academy 2014 [viewed]

The Renewable Energy Policy Network for the 21st Century (REN21) Academy 2014, organized from 10-12 November in Bonn, Germany, will take stock of renewable energy developments over the past decade and explore ways to further advance the global energy transition with renewables. The event will convene over plenary, lunch and coffee networking, and parallel thematic sessions. Topics on the agenda include: renewable energy policy frameworks; power sector transformation; fossil fuel subsidy reform; renewables heating and cooling; distributed renewable energy; working with media; data for decision-making; and pathways towards 100% renewable energy and the role of the consumer.  

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Event: 5th Conference of the International Society for Integrated Disaster Risk Management [viewed]

The 5th Conference of the International Society for Integrated Disaster Risk Management (IDRiM 2014) will meet under the theme ‘Building Disaster Resilient Communities'. The conference aims to bridge gaps and promote science-based solutions to empower local communities to advance disaster reduction, adapt to climate change and promote sustainable development. It also intends to: address opportunities for action through contributions from the areas of disaster science, technology, policy and practice; and stimulate a “next generation of ideas and actions” for disaster reduction. Conference themes will address cross-cutting issues, such as: disaster risk management, sustainable development, resilience building, vulnerability reduction, risk assessment and governance, risk financing, living with uncertainty, transformative processes, cultural recognition and change, poverty reduction, wellbeing, climate change adaptation, crisis communication and communities of practice. Conference participants will reflect on how theory, method and implementation presented by these processes can help to build disaster resilient communities. More specifically, the conference will address: building disaster resilient societies; integrating climate change and development goals; resilient cities, including case studies and best practices; creating an enabling environment to achieve resilience; emerging tools for integrated disaster management; risks and critical infrastructure protection; risk governance frameworks for resilient communities; and strategies for long-term, post-disaster mitigation measures.  

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CBD COP 12 Commits to Funding Increase, Highlights Biodiversity's Contribution to Sustainable Development Agenda [viewed]

cop1217 October 2014: Held from 6-17 October 2014, in Pyeongchang, the Republic of Korea, the twelfth meeting of the Conference of the Parties (COP 12) to the Convention on Biological Diversity (CBD) adopted a series of decisions, including the 'Pyeongchang roadmap for the enhanced implementation of the Strategic Plan and achievement of the Aichi Biodiversity Targets,' addressing resource mobilization, capacity building, scientific and technical cooperation, linking biodiversity and poverty eradication, and monitoring implementation of the Strategic Plan for Biodiversity 2011-2020.

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