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.

Loss and Damage Committee Discusses Implementation Issues, Displacement and Risk Transfer [viewed]

UNFCCC5 February 2016: The second meeting of the Executive Committee (ExCom) of the Warsaw International Mechanism for Loss and Damage (WIM) addressed, among other issues, the implementation of its initial two-year workplan, and initiated work mandated by the 21st session of the Conference of the Parties (COP 21) to the UNFCCC concerning the establishment of: a task force on displacement; and a clearinghouse on insurance and risk transfer.

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Event: CLIMATE CHANCE: A Summit Dedicated to Concrete Action [viewed]

The CLIMATE CHANCE summit will address, inter alia, the link between climate and development, a new framework for the sustainable city, financing climate action, and mobilizing local actors and the younger generation. It will also discuss the topics of adaptation, territorial planning, economy and employment, territorial cooperation, forest, transport and energy. The conference is expected to encourage the sharing experiences and innovations, culminate in a global plan of action, and reiterate the importance of non-state actors in the fight against climate change.  

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Event: Asia Clean Energy Forum 2016 [viewed]

The 11th Asia Clean Energy Forum (ACEF) will provide the opportunity to: share best practices in policy, technology and finance to meet the region's climate and energy security challenges, and knowledge exchange through discussions about clean energy. The ACEF aims to: facilitate knowledge sharing among clean energy practitioners in Asia; highlight innovative approaches to packaging and scaling up clean energy initiatives; and take stock of progress made in advancing the clean energy agenda in Asia. Participants will include representatives from governments, national and multinational banks, carbon and clean energy investment funds, academia, civil society, and development partners and other international organizations, as well as project developers and service providers, and environmental regulators. The event is being organized by the Asian Development Bank (ADB), the US Agency for International Development (USAID) and the Korea Energy Agency.  

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Guest Article #139: Building Climate Resilience through Technology Transfer and Innovation [viewed]

The recent historic agreement achieved at COP 21 in Paris resulted in unprecedented momentum for tackling climate change – including scaling up action on climate change adaptation. Climate resilience on a wide scale can only be achieved with the engagement of the private sector. While climate change affects all parts of the world, developing countries are particularly vulnerable. Technology transfer is therefore believed to be key in supporting countries to improve their resilience.

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CIFOR and Partners Provide Insights on Gender and Climate Change [viewed]

CIFORDecember 2015: The Center for International Forestry Research (CIFOR) has compiled and published a series of briefs titled 'Gender and Climate Change: Evidence and Experience' seeking to address gender and climate change policy issues by drawing on the experience of contributing partner organizations, including: CIFOR, Bioversity International, CARE International, the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS), the Global Greengrants Fund (GGF), the International Union for Conservation of Nature (IUCN), UN Women, the UN Development Programme and UN Environment Programme (UNDP-UNEP) Poverty-Environment Initiative, and the Women's Environment & Development Organization (WEDO).

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Event: G7 Summit 2016 [viewed]

The 2016 Group of 7 (G7) Summit in Japan will bring together the leaders of Canada, France, Germany, Italy, Japan, the UK and the US to address global challenges. Under the Presidency of Japan, the 2016 Ise-Shima Summit will discuss measures to address the global economic slowdown, terrorism, the humanitarian crisis and ongoing conflicts. Separate meetings of G7 ministers will also take place through the year at various locations around Japan, including meetings of foreign, finance, agriculture, ICT, energy, education, science and technology, environment, health and transport ministers. The G7 was officially established in 1985 to facilitate economic cooperation among the world's largest industrial nations; summit meetings of the member nations began in 1975.  

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Event: 2016 AFDB Annual Meetings [viewed]

The 2016 Annual Meetings of the African Development Bank (AfDB) will convene under the theme 'Energy and Climate Change,' which draws on one of the Bank's 'High 5' priority areas, namely to 'Light up and Power Africa,' and reflects the Bank's New Deal on Energy and decisions emanating from the recent UN Climate Change Conference in Paris in December 2015. The Bank's Annual Meetings are its largest annual event, bringing together approximately 5,000 participants, and featuring around 40 official events in addition to the Annual Meeting of the Board of Governors. The Meetings enable representatives of government, business, civil society and media to discuss the social and economic development of Africa.  

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January 2016 Climate Finance Update [viewed]

finace_climateFebruary 2016: During the month of January, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the World Bank and the Adaptation Fund, among others, reported on new funding approvals and other climate finance news. Multilateral Development Banks (MDBs), climate funds and the UN Environment Programme (UNEP) launched publications on, inter alia, blended climate finance, climate co-finance tracking and climate risk management.

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January 2016 Sustainable Energy Finance Update [viewed]

january2016_energyFebruary 2016: During the month of January, the African Development Bank (AfDB), Asian Development Bank (ADB), Eastern Europe Energy Efficiency and Environment Partnership (E5P), European Bank for Reconstruction and Development (EBRD), Nordic Development Fund (NDF), Nordic Environment Finance Corporation (NEFCO) and World Bank announced sustainable energy project funding and initiatives. In addition, the Inter-American Development Bank (IDB) and World Bank released reports related to financing and deploying clean energy.

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UNISDR Conference Launches Science and Technology Partnership [viewed]

UNISDR29 January 2016: The UN Office for Disaster Risk Reduction (UNISDR) convened the Science and Technology Conference on the Implementation of the Sendai Framework for Disaster Risk Reduction (DRR) 2015-2030, which aimed to harness the power of science and technology in implementing the Sendai Framework. The event opened with a tribute to the hundreds of scientists who have contributed their time to research climate change and its impacts.

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