Economics, Trade & Investment

EBRD Project in Georgia Now Registered under Kyoto Protocol's CDM [viewed]

EBRD31 January 2013: The European Bank for Reconstruction and Development (EBRD) has reported that an energy efficiency project will allow Georgia's largest power plant to sell an estimated 5.8 million carbon credits under the Kyoto Protocol's Clean Development Mechanism (CDM) over ten years.

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UNEP/GRID-Arendal Newsletter Reports on GEF-Funded “Blue Forests” Project [viewed]

January 2012: The UN Environment Programme (UNEP)/GRID-Arendal Marine Programme has released the January issue of its newsletter (Marine Newsletter #1), featuring articles on: the Global Environment Facility (GEF) funded demonstration project on the incorporation of carbon and other ecosystem services values into financial markets; the release of the State of the Mediterranean Marine and Coastal Environment Report; and the launch of the World Ocean Assessment website.

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TEEB Report Highlights the Ecosystem Services Provided by Wetlands [viewed]

1 February 13: The Secretariat of the Ramsar Convention on Wetlands of International Importance especially as Waterfowl Habitat (Ramsar Convention), the UN Environment Programme (UNEP) and partners have launched the report "The Economics of Ecosystem and Biodiversity (TEEB) for Water and Wetlands." The report urges a major shift in attitudes towards wetlands, to recognize their value in delivering water, raw materials and food, as well as their role in maintaining people's livelihoods and the sustainability of the world's economies.

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SLoCaT Reviews Megatrends in Transport and Future Directions [viewed]

31 January 2013: A review document by the Partnership on Sustainable, Low Carbon Transport (SLoCaT) considers megatrends in transport, the Partnership's effectiveness towards realizing its objectives, and future directions. The review document was prompted by the 2009 Partnership mandate to review progress within three years of its establishment.

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GWP Launches Water, Climate and Development Programme in Burkina Faso [viewed]

29 January 2013: The inception workshop of the Water, Climate and Development Programme (WACDEP) in Burkina Faso took place on 14 December 2013, in Ouagadougou, and validated a study carried out by the Global Water Partnership (GWP) office in Burkina Faso that finds that climate change will have a strong impact on the country's water security and negatively impact most economic sectors.

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IEA Study Offers Innovative Proposals for Enhancing Climate Finance for Energy Efficiency [viewed]

IEA29 January 2013: The International Energy Agency (IEA) has published a report on “Plugging the Energy Efficiency Gap with Climate Finance,” which evaluates climate finance in funding energy efficiency projects in developing countries and explores the potential to channel finance for energy efficiency under the new Green Climate Fund (GCF).

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IEA Study Evaluates Economic Instruments for Energy Efficiency in Buildings [viewed]

IEA29 January 2013: The International Energy Agency (IEA) has issued a report that evaluates the effectiveness of taxes, loans and grants, public procurement and other “economic instruments” in enhancing energy efficiency in the building sector.

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OECD Reports Examine Energy Taxation and Fossil Fuel Subsidy Reform Efforts [viewed]

OECD28 January 2013: The Organisation of Economic Co-operation and Development (OECD) has highlighted the findings of two new OECD reports: "Taxing Energy Use" and "Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels 2013."

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AfDB Hosts Panel on Private Sector Engagement in CIF Operations [viewed]

AfDB16 January 2013: The African Development Bank (AfDB) has released a summary of a panel discussion it hosted among representatives from government, international financial institutions, and the private sector on private sector investment in the operations of the Climate Investment Partnership (CIP).

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SPC Holds Cost-Benefit Analysis Workshop [viewed]

SPC29 January 2013: The Secretariat of the Pacific Community (SPC) held a workshop at the Kiribati Institute of Technology to train government officers to use cost-benefit analysis (CBA) as a framework to improve decision making and project quality, in particular for projects affected by climate change.

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