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.

SE4ALL Global Energy Ministerial Opens, Highlights "Trillion-Dollar Opportunity" [viewed]

iisd_rs_se4all20 May 2015: The first-ever Global Energy Ministerial Dialogue, taking place as part of the Second Annual Sustainable Energy for All (SE4ALL) Forum, opened with UN leaders emphasizing the interlinkages between sustainable energy and sustainable development, crisis management, poverty eradication and economic growth. The Ministerial Dialogue is being convened with the objective of reaffirming the Rio+20 determination “to act to make sustainable energy for all a reality.”

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OECD Hosts Second Green Investment Financing Forum at Climate Week Paris [viewed]

oecd_climateweekparis20 May 2015: As part of Climate Week Paris, the Organisation for Economic Co-operation and Development (OECD) organized the second Green Investment Financing Forum (GIFF) from 19-20 May 2015. The event brought together senior government officials and key actors in financing green infrastructure investment for a candid discussion with special focus on green investment banks.

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Southwest Pacific Ministers Focus on Climate-Smart Agriculture [viewed]

Southwest Pacific Ministers of Agriculture14 May 2015: The Eleventh Meeting of the Food and Agriculture Organization of the UN (FAO) Southwest Pacific Ministers for Agriculture convened under the theme 'Climate-Smart Agriculture.' After hearing a presentation on the vulnerability of Pacific agriculture and forestry to climate change, ministers noted the importance of a “climate and economically smart” agriculture approach that can strengthen production and processing of staple food crops.

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Petersberg Climate Dialogue Strengthens Momentum Ahead of Paris [viewed]

6th Petersberg Climate Dialogue19 May 2015: The Sixth Petersberg Climate Dialogue focused on preparations for the Paris Climate Change Conference and included discussions on: the core elements of the planned 2015 climate agreement; intended nationally determined contributions (INDCs); the role of climate finance; the form a set of rules “anchored in the Paris agreement” might take; and the best way to use the remaining time before Paris in order to address as many unresolved issues as quickly as possible.

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UNEP Calls for Resource-Efficient Growth in Asia-Pacific [viewed]

UNEP19 May 2015: During the First Forum of Ministers and Environment Authorities of Asia Pacific, the UN Environment Programme (UNEP) released a report detailing patterns of resource use in the Asia-Pacific region. The report, titled 'Indicators for a Resource Efficient and Green Asia and the Pacific,' finds that wasteful use of resources is detrimental the region's future growth, but that countries in the region have great potential for low-carbon and resource-efficient growth.

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Stakeholder Forum Assesses SDGs' Implications for Developed Countries [viewed]

Stakeholder ForumMay 2015: Stakeholder Forum for a Sustainable Future has undertaken a study to enhance understanding of the implications of the Sustainable Development Goals (SDGs) for developed countries, as developing countries tend to receive most of the attention in international discussions on the post-2015 development framework.

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India, China Express Support for Successful Paris Climate Conference [viewed]

india_china15 May 2015: China and India published a joint statement on climate change in which the two major economies express their full support for the success of the Paris UN Climate Change Conference, to be held in December 2015. The statement was issued during Indian Prime Minister Narendra Modi's visit to China, during which he met with Chinese President Xi Jinping and Premier Li Keqiang.

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Pacific Climate Change Roundtable Focuses on Paris Conference [viewed]

ppcr15 May 2015: The fifth Pacific Climate Change Roundtable (PCCR) aimed to, inter alia: update the region on the latest climate change science and finance issues and their implications for the region and the UNFCCC negotiations; review the implementation of, and share lessons learned from, the Pacific Islands Framework for Action on Climate Change (PIFACC) against agreed indicators in its monitoring and evaluation (M&E) framework; facilitate and provide mechanisms for strengthening networking, partnerships and collaborations among Pacific Island Countries; and discuss the new Strategy for Climate and Disaster Resilient Development Plan (SRDP).

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SE4ALL Global Tracking Framework Reports Rapid but Insufficient Progress [viewed]

progress_toward_sustainable_energy18 May 2015: According to the second edition of the Sustainable Energy for ALL (SE4ALL) Global Tracking Framework, the world has made more rapid progress on sustainable energy during 2010-2012 than the period from 1990-2010, measured in the first edition of the Framework. The report cautions, however, that efforts must further accelerate to achieve SE4ALL's three goals of: doubling the share of renewables in the global energy mix; doubling the global rate of energy efficiency improvement; and ensuring universal access to modern energy by 2030.

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First African Green Growth Forum Aims to Unlock Economic Potential [viewed]

Global Green Growth Forum (3GF)13 May 2015: The first African Regional Green Growth Forum (3GF-Africa) aimed to identify barriers to Africa's sustainable development and ways to turn them into opportunities for green growth and improved livelihoods. The Forum, which brought together over 200 delegates, including African ministers of environment, policymakers, international financial and environmental experts, and private sector leaders, focused on new financing models for green growth, sustainable urbanization and sustainable lifestyles.

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