Economics, Trade & Investment

ADB Highlights Positive Economic Impacts of Energy Efficiency [viewed]

ADBSeptember 2014: A modeling study published by the Asian Development Bank (ADB) identifies several positive macroeconomic impacts from improving energy efficiency. The study focuses on seven Asian countries from 2010 to 2050, and finds that energy efficiency policies would have a positive impact on private consumption, government expenditure, investment, and result in an increase in intraregional trade.

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Guest Article #111: High-Efficiency Appliances for a Low-Carbon Future [viewed]

Living standards and populations are growing across the globe, and the new, increasingly urbanized, middle classes are looking to the creature comforts that have long been taken for granted by others. This process is a welcome indicator that many nations are moving into or toward the middle-income zone and bringing a higher quality of life for their citizens.

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High-Level Event Focuses on Implementing Sustainable Energy for All [viewed]

Yumkella22 September 2014: The Sustainable Energy for All (SE4ALL) high-level event, titled ‘Implementing Sustainable Energy for All,' featured high-level multi-stakeholder panels on financing SE4ALL, investing in energy efficiency, accelerating innovation in renewable energy, and scaling up at the country level.

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UN Report Reviews Efforts to "Deliver as One" on Climate Change [viewed]

United Nations22 September 2014: Ahead of the Climate Summit 2014, the UN released a report, titled 'How the United Nations System Supports Ambitious Action on Climate Change: The United Nations System Delivering as One on Climate Change and Sustainable Development.'

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Climate Week NYC Opens with Focus on Low-Carbon Economy [viewed]

climate-week-nyc22 September 2014: Convened by the Climate Week NYC organizer The Climate Group, jointly with CDP, the opening day of the major, week-long event in New York, US, attracted the participation of global leaders from policy and business, and heard announcements of new greenhouse gas (GHG) reduction commitments from business and subnational governments. The event also marked the launch of a renewable energy campaign, a pro-mitigation business coalition, and a report on innovative climate and energy policies.

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Major Economies Forum Convenes Foreign Ministers [viewed]

MEF21 September 2014: The 20th Meeting of the Leaders' Representatives of the Major Economies Forum on Energy and Climate Change (MEF) convened on the side lines of the 2014 Climate Summit in New York, US, and marked the Forum's first-ever foreign minister's meeting. The meeting was hosted by US Secretary of State John Kerry, together with Foreign Minister of Peru Gonzalo Gutierrez and Foreign Minister of France Laurent Fabius.

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UNGA's Second Committee Launches Work [viewed]

UNGA19 September 2014: The UN General Assembly's Second Committee (Economic and Financial) held its organizational session for UNGA 69, on 19 September 2014, in New York, US. The Second Committee will conduct its substantive work from 7 October until 26 November, beginning with the general debate on 7-9 October.

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MDBs Report on Climate Finance Provided in 2013 [viewed]

AfDB - IDB - EIB - ADB - World Bank Group19 September 2014: The third edition of the Joint MDB Report on Climate Finance 2013 has been expanded to include a better sectoral breakdown, and divisions by public and private operations. Since 2011, multilateral development banks (MDBs) have provided over US$75 billion in climate finance to developing and emerging economies, while, in 2013, they provided US$23.8 billion to address climate change, with 80%, or US$18.9 billion, dedicated to mitigation and 20%, or US$4.8 billion, going to adaptation.

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UNFCCC Reports on Meeting on REDD+ Non-market-based Approaches [viewed]

UNFCCC18 September 2014: The Secretariat of the UN Framework Convention on Climate Change (UNFCCC) has released the report of an in-session expert meeting on non-market-based approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests, to support the implementation of the activities referred to in COP Decision 1/CP.16, paragraph 70 (REDD+ activities).

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Global Investors Urge Strong Climate Change Action Ahead of Summit [viewed]

UNEP FI18 September 2014: Nearly 350 global institutional investors, responsible for managing over US$24 trillion in assets, released a statement ahead of the UN Climate Change Summit, urging Heads of State to take strong action on climate change. In the Global Investor Statement on Climate Change, investors call on governments to: set a stable and reliable price on carbon that helps redirect investment commensurate with the scale of the climate challenge; develop plans to phase out fossil fuel subsidies; and agree on an ambitious climate deal in 2015.

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