Economics, Trade & Investment

FAO, IDB Support Analysis on Climate Change and Agriculture in Jamaica [viewed]

idb-faoNovember 2013: Given the expected adverse impacts of climate change on Jamaica's agriculture sector and Jamaica's goal to include climate change adaptation in the implementation of its Vision 2030 National Development Plan, the Food and Agriculture Organization of the UN (FAO) and the Inter-American Development Bank (IDB) collaborated on an analysis of Jamaican climate change impacts in the short- and medium-term and an identification of agricultural adaptation strategies.

read more »

IFAD Outlines Economic Benefits of Preparing Small-Scale Farmers for Climate Change [viewed]

IFAD13 November 2013: As part of its Adaptation for Smallholder Agriculture Programme (ASAP), the International Fund for Agricultural Development (IFAD) has examined the economic justification behind five of its adaptation activities in Bangladesh, Bolivia, Kenya, Turkey and Viet Nam.

read more »

Germany and ECLAC Sign Protocol for Structural Change Based on Equality and Sustainability [viewed]

ECLAC12 November 2013: The Economic Commission for Latin America and the Caribbean (ECLAC) signed a protocol with the German Federal Ministry for Economic Cooperation and Development (BMZ) aimed at boosting structural change based on equality and sustainability.

read more »

OECD Finds Successful Green Economy in Austria, Recommends Improvements [viewed]

OECD6 November 2013: Austria's green economy and environmental performance meet high standards, according to an assessment from the Organisation for Economic Co-operation and Development (OECD), but has room for improvement on pollution and other issues. The Environmental Performance Review (EPR) for 2013 highlights progress made since the previous report for Austria, in 2003. EPRs of OECD member countries are now in their third cycle.  

read more »

Multilateral Development Banks Release Joint Report on Climate Change Finance [viewed]

Multilateral-Development-Banks.jpgNovember 2013: According to the 'Joint Report on MDB Climate Finance 2012,' the multilateral development banks (MDBs) spent nearly US$27 billion to address climate change during the 2012 fiscal year, with over US$21 billion dedicated to mitigation and almost US$6 billion to adaptation. From these resources, the Global Environment Facility (GEF) and the Climate Investment Funds (CIF) have contributed to US$2 billion.

read more »

AfDB Facilitates Nearly US$65 Million in Investment into Africa Renewable Energy Fund [viewed]

AfDB13 November 2013: The African Development Bank's (AfDB) Board of Directors has approved a US$25 million equity investment in the Bank's Africa Renewable Energy Fund (AREF), which has been supplemented by further partner investments of US$39.5 million. The fund aims to demonstrate and catalyze the viability of Africa's renewable energy potential to investors.

read more »

IEA World Energy Outlook Highlights Energy Sector Trends, Predicts 3.6°C Temperature Increase [viewed]

IEA12 November 2013: The International Energy Agency (IEA) has released its flagship annual publication, the 'World Energy Outlook (WEO) 2013,' which opens with the following sentence: “Many of the long-held tenets of the energy sector are being rewritten.”

read more »

Representatives from Developed Countries Discuss Fast-Start Finance [viewed]

enbots-event112 November 2013: The UN Framework Convention for Climate Change (UNFCCC) Secretariat organized a side event on 'Fast-Start Finance - Lessons Learned 2010-2012,' during which representatives from a number of developed countries discussed their efforts related to fast-start finance.

read more »

IFC Sees Possibility of US$1 Trillion in Climate-Smart Investment Potential in EMENA Region [viewed]

IFCNovember 2013: The International Finance Corporation (IFC), a member of the World Bank Group (WBG) and the largest global development institution focused exclusively on the private sector, has published a report that estimates up to US$1 trillion in climate-smart investment potential in renewable energy, resource efficiency and climate change adaptation across Emerging Europe, Central Asia, and the Middle East and North Africa (EMENA).

read more »

Climate Finance Tracking Website Launched [viewed]

AfDBNovember 2013: The African Development Bank (AfDB) has announced its efforts to develop a climate finance tracking methodology, through collaboration to develop a joint multilateral development bank methodology for tracking adaptation and mitigation finance. 

read more »