Economics, Trade & Investment

Event: Employment Working Group Meeting [viewed]

The second Employment Working Group meeting under Turkey's Group of 20 (G20) Presidency will take place on 7-9 May 2015, in Istanbul, Turkey. The issue of employment falls under the first pillar of the Turkish Presidency, 'Strengthening the Global Recovery and Lifting the Potential'. Turkey has chosen to focus on understanding the factors behind the "jobless growth phenomenon," discussing labor income as a share of gross domestic product (GDP) and creating better quality jobs. The Presidency is also guided by the "three I's": Inclusiveness, Implementation and Investment for growth. Under inclusiveness, Turkey wants to ensure that the benefits of growth and prosperity are shared by all segments of the society, focusing on small- and medium-sized enterprises (SMEs), gender equality and youth unemployment. Further, according to Turkey's Prime Minister, Ahmet Davutoğlu, implementation will focus on the Brisbane Action Plan and the 1,000 commitments that, if fully implemented, will generate millions of additional jobs by 2018.  

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Event: G20 Finance and Central Bank Deputies Meeting [viewed]

The third meeting of the Group of 20 (G20) finance and central bank deputies under the Turkish Presidency will be hosted in Washington DC, US, on 16 April 2015. The meeting coincides with the Turkish Presidency's second finance ministers and central bank governors meeting, to be held 16-17 April 2015, in Washington DC. Turkey has chosen to focus on 'inclusive and robust growth through collective action' under its leadership in 2015. The three pillars that will guide the G20's work this year are: strengthening the global recovery and lifting the potential; enhancing resilience; and buttressing sustainability.  

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Event: G20 Finance Ministers and Central Bank Governors Meeting [viewed]

The second meeting of the Group of 20 (G20) finance ministers and central bank governors under the Turkish Presidency will be hosted in Washington DC, US, on 16-17 April 2015. The finance ministers are expected to convene a total of four times throughout the year. Turkey has chosen to focus on 'inclusive and robust growth through collective action' under its leadership in 2015. The three pillars that will guide the G20's work this year are: strengthening the global recovery and lifting the potential; enhancing resilience; and buttressing sustainability.  

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Event: Energy Sustainability Working Group Meeting [viewed]

The second meeting of the Energy Sustainability Working Group under the Group of 20 (G20) Turkish Presidency will take place 25-26 May 2015 in Istanbul, Turkey. In relation to energy sustainability during its 2015 Presidency, Turkey is focusing on: access to reliable energy; energy investments; the reasons behind the high costs of renewable energy investment; deploying public and private resources for energy investment; the G20 Principles on Energy Collaboration; rationalizing and phasing out inefficient fossil fuel subsidies; the G20 Energy Efficiency Action Plan and monitoring its implementation; improving the Joint Organisations Data Initiative; and the implementation of price reporting agencies principles to improve energy market transparency.  

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Event: Second Gathering of the Road to Paris Partners [viewed]

As part of Climate Week Paris 2015, the World Business Council for Sustainable Development (WBCSD), the International Energy Agency (IEA), the UN Sustainable Development Solutions Network (SDSN) and the Institute for Sustainable Development and International Relations (IDDRI) will gather for their second meeting as partners of the Road to Paris initiative. A high-level session will take place the following morning, on 20 May 2015. In support of a transition to a low-carbon economy, the Road to Paris initiative aims to create business-oriented technology roadmaps, analyze barriers, identify financial and political solutions, as well as public-private partnership (PPP) opportunities, and strengthen business and government dialogue to create enabling frameworks for investment in the lead-up to the Paris Climate Change Conference and beyond.  

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Clean Energy Initiatives Announced at US-CARICOM Summit [viewed]

caricom_us_flag9 April 2015: US President Barack Obama and leaders from the Caribbean Community (CARICOM) met in Kingston, Jamaica, for a US-CARICOM Summit that focused largely on energy security, affordable energy and climate change mitigation. In conjunction with the Summit, the US announced increased support for the Caribbean through a number of energy and climate initiatives.

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Event: Tropical Landscapes Summit: A Global Investment Opportunity [viewed]

The Tropical Landscapes Summit aims to affirm and promote existing commitments that exist across various sectors and to discuss the various opportunities and challenges that exist in enhancing green investment in Indonesia beyond a critical threshold. The Summit will aim to enable and generate space for key business sector leaders to explore and engage in opportunities presented by the "Indonesian Green Economy Transition," and is expected to offer real and tangible inputs to policy makers. Plenaries will focus on, inter alia, biodiversity, forests, renewable energy, climate change, sustainable cities, food security, youth, financing for development, as well as public-private partnerships. The summit is co-hosted by the Government of Indonesia and UN System.  

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Mayors Commit to Climate Action Ahead of Paris Conference [viewed]

iclei11 April 2015: The ICLEI World Congress 2015, the triennial sustainability summit of local and subnational governments worldwide, led to a number of climate announcements intended to increase local climate action. The Congress brought together over 3000 participants, including over 100 mayors from around the world, and boasted the largest number of participants at a Congress to date, with many others attending virtually via a live stream.

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Adaptation Fund Board Streamlines Small Entities' Accreditation [viewed]

Adaptation Fund10 April 2015: At its 25th meeting, the Adaptation Fund Board (AFB), inter alia, approved financing for climate adaptation projects in India, Jordan and Morocco, introduced a streamlined accreditation process for small entities and accredited two new implementing entities.

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Event: Annual Commonwealth and Francophonie Dialogue with the G20 [viewed]

During the 2015 Annual Commonwealth and Francophonie Dialogue with the Group of 20 (G20), representatives will discuss: development priorities and actions during Turkey's 2015 G20 Presidency; inputs from Commonwealth and Francophonie developing countries on their development priorities and how the G20 could address them; delivering inclusive global value chains; domestic revenue mobilization and Base Erosion Profit Shifting; and maximizing the flow and reducing the costs of remittances. The Dialogue will be convened by the Secretariat of the Commonwealth, Secretariat of La Francophonie, and Turkey, as G20 President and Chair of the G20 Development Working Group (DWG).  

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