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.

UNGA 69 Opening Highlights Climate Summit, Responsibility for Post-2015 Agenda [viewed]

kutesa16 September 2014: On 16 September 2014, the UN General Assembly (UNGA) opened its 69th Session, which will convene under the theme ‘Delivering on and Implementing a Transformative Post-2015 Development Agenda.'

read more »

UN-Backed Report: 22 Million Displaced by Disasters in 2013 [viewed]

nrc-idmc17 September 2014: A UN-backed report reveals that 22 million people worldwide were displaced in 2013 by disasters, mainly due to earthquakes or climate and weather-related events. The report further indicates that the risk of displacement due to disasters has more than doubled over the last four decades, largely because of the growth and concentration of urban populations.

read more »

OECD, Bloomberg Philanthropies Urge Empowering Cities for Climate Action [viewed]

oecd-bloomberg17 September 2014: Choices made around infrastructure in cities could help avoid the worst impacts of climate change, according to a report published by the Organisation for Economic Co-operation and Development (OECD) and Bloomberg Philanthropies. The report, titled ‘Cities and Climate Change: National Governments Enabling Local Action,' examines how enabling policy frameworks at the national level can support critical climate action in cities.

read more »

SBI and SBSTA 41 Annotated Provisional Agendas Released [viewed]

UNFCCC16 September 2014: In order to assist delegations in their preparations, the UNFCCC Secretariat has released the provisional agendas and annotations for the 41st meetings of the Subsidiary Body for Implementation (SBI 41) and the Subsidiary Body for Scientific and Technological Advice (SBSTA 41). The documents (FCCC/SBI/2014/9 and FCCC/SBSTA/2014/3) contain the meetings' provisional agendas, originally released on 2 September, with annotations.

read more »

World Bank Group Designs Pilot Auction Facility for Methane and Climate [viewed]

Worldbanklogo15 September 2014: The World Bank Group has announced the design of the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), a pay-for-performance instrument that aims to stimulate investment in projects that reduce emissions while maximizing the impact of scarce public resources and leveraging private sector financing through the use of auctions.

read more »

Climate Economy Report Urges Decoupling Economic and Emissions Growth [viewed]

the-new-climate-economy16 September 2014: The New Climate Economy, a project of the Global Commission on the Economy and Climate, has released a report that finds that competitive markets and consistent government policy signals are critical for businesses and investors to create low-carbon jobs and growth. The report, titled 'Better Growth, Better Climate: The New Climate Economy Report,' was launched at UN Headquarters in New York, US, and presented to governments, as well as to business and finance leaders.

read more »

Arab Countries Highlight Regional Priorities for Post-2015 DRR Framework [viewed]

UNISDR16 September 2014: The 2nd Arab Conference on Disaster Risk Reduction (DRR) provided the opportunity for approximately 400 Arab government officials, donors, policy makers, planners, academics, civil society representatives and development experts to discuss DRR in the region. The Conference highlighted progress made in DRR efforts, reviewed implementation of the Hyogo Framework for Action (HFA) 2005-2015 in the region, and discussed regional priorities towards the post-2015 DRR framework.

read more »

World Reconstruction Conference: DRR Critical to Sustainable Development [viewed]

gfdrr12 September 2014: The second World Reconstruction Conference (WRC 2) brought together over 500 practitioners and policymakers from governments, civil society and the private sector to share lessons learned in post-disaster recovery and reconstruction. The conference aimed to help countries incorporate disaster recovery into their policies and institutions given the increasing frequency and intensity of natural disasters.

read more »

IEA Measures Multiple Benefits of Energy Efficiency [viewed]

IEA9 September 2014: A book by the International Energy Agency (IEA) identifies and quantifies a broad range of positive impacts of energy efficiency, repositioning it as a mainstream tool for economic and social development. Noting that the traditional focus on energy efficiency as a tool for energy savings has prevented appreciation of its full value, the study argues that energy efficiency is a “hidden fuel” that can enhance the sustainability of the energy system, support strategic economic and social development objectives, and promote environmental goals and prosperity.

read more »

UNEP Stresses Urgency of Climate Finance for Cities [viewed]

UNEPSeptember 2014: A handbook published by the UN Environment Programme (UNEP) on climate finance for mitigation in cities and buildings underscores the urgency of developing methods to help all cities gain access to climate finance while maximizing related social, environmental and economic co-benefits. Given that cities account for over 75% of energy-related greenhouse gas (GHG) emissions, the publication calls for the 2015 climate agreement to inspire cities into action. Cities, in turn, will need to support leaders and scale up mitigation projects based on best practice and sharing of lessons learned.

read more »