Economics, Trade & Investment

MDBs Pledge to Enhance Climate Finance Action [viewed]

afd adb eb eib idb wb11 September 2014: In a joint statement issued in the run-up to the UN Secretary-General's Climate Summit, which is taking place on 23 September in New York, US, key multilateral development banks (MDBs) have affirmed their commitment to reinforce and further develop climate financing by maintaining a strong institutional focus on climate change. Since 2011, the six MDBs behind the statement have delivered close to US$75 billion in climate financing, of which approximately 20% has been in support of adaptation.

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Latin American and Caribbean Forum Discusses Future of Carbon Markets [viewed]

Latinamericanforum5 September 2014: The eighth Latin American and Caribbean Carbon Forum (LACCF) brought together businesses, governments and other stakeholders to exchange information on the latest developments in emissions trading schemes (ETS), low-emission development and the future of the carbon markets. Participants addressed, inter alia: climate change adaptation and mitigation opportunities at multiple levels; and climate finance and policy options, including carbon pricing and the role of the public and private sectors in concerted climate action.

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Event: First Carbon-CAP Stakeholder Workshop [viewed]

The first stakeholder workshop of the Carbon-CAP project will focus on the theme of 'The Role of Consumption-based Emissions in Climate Policy,' and will be funded by the EU's Seventh Programme for Research (FP7). Consortium members will present research results from the first year of the project. Experts from around the world will be invited to participate and contribute to maximizing the event output for the project's future work. Three sessions, held over two days, will include presentations on: carbon footprint models; options and business experience with consumption-based environmental policies; and interactive modeling of transformation scenarios. The Carbon-CAP project has two objectives: stimulating innovative European and international climate policies through improved knowledge based on consumption emissions; and realizing a more effective policy mix for moving to a competitive low-carbon economy in 2050.  

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ICAO Convenes First Seminar on Green Technologies [viewed]

Icao10 September 2014: A seminar organized by the International Civil Aviation Organization (ICAO), titled ‘Fueling Aviation with Green Technology,' brought together representatives of government, academia, international organizations and businesses to share information on latest technologies for reducing aviation emissions.

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EC President-Elect Appoints Climate and Energy Commissioner [viewed]

European Union 10 September 2014: President-elect of the European Commission, Jean-Claude Juncker, has announced the composition and organization of work for the next European Commission. In the new structure, six Vice-Presidents will lead Project Teams and steer and coordinate the work of Commissioners. A Project Team on the ‘Energy Union' will be led by Alenka Bratušek (Slovenia). Commissioner Miguel Arias Cañete (Spain) will be in charge of both Climate Action and Energy policy.

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GCF Set for Initial Resource Mobilization [viewed]

Green Climate Fund (GCF)9 September 2014: Representatives from over 20 governments met in Bonn, Germany, for the Green Climate Fund's (GCF) second Initial Resource Mobilization (IRM) meeting. Attendees consulted informally on the Fund's initial capitalization in advance of the first formal GCF Pledging Conference, which is scheduled to take place in November, during which contributors are expected to announce initial contributions to the Fund.

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ADB Highlights Wind and PV Potential in Developing Asia [viewed]

ADBAugust 2014: A total investment of US$2.3 trillion will be required for wind and solar photovoltaics (PV) to supply 10% of developing Asia's electricity in 2035, according to a report by the Asian Development Bank (ADB). The study, titled ‘Diversification of Energy Supply: Prospects for Emerging Energy Sources,' examines the status and future prospects of wind energy, PV and unconventional gas in the region.

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2014 SEED Awards Celebrate African, Low-Carbon and Women's Enterprises [viewed]

Seed10 September 2014: A total of 41 enterprises from Africa and elsewhere have received the 2014 SEED Award, which celebrates innovative social and environmental start-up enterprises in developing and emerging economies tackling key sustainable development challenges at community level. The awards were announced during the 2014 SEED Awards Africa Symposium, held from 10-11 September 2014, in Nairobi, Kenya.

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NGOs Outline Position on Paris Agreement [viewed]

paris.20158 September 2014: Christian Aid, Green Alliance, Greenpeace, the Royal Society for the Protection of Birds (RSPB) and World Wide Fund For Nature (WWF) have published a report outlining what needs to be agreed at the 21st session of the Conference of the Parties (COP 21) to be held in Paris, France, in December 2015, what has changed since 1992 on the road from Rio to Paris, the prospects for an agreement and why a global agreement is needed.

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UNFCCC Expert Meeting Discusses REDD+ Information Hub [viewed]

UNFCCC3 September 2014: An expert meeting on an information hub for information on results of the activities referred to in decision 1/CP.16, paragraph 70 (REDD-plus) and results-based payments was organized by the UNFCCC Secretariat from 2-3 September 2014, in Bonn, Germany.

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