Economics, Trade & Investment

UNFCCC, ILO Strengthen Collaboration on Climate, Green Economy [viewed]

unfccc-ilo27 August 2014: Guy Rider, Director-General of the International Labour Organization (ILO), and Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), have released a joint statement highlighting the socioeconomic benefits of a transition to a green economy, including social inclusion, poverty alleviation and better jobs. According to the statement, shifting to a green economy could generate an additional 60 million jobs over the next 20 years.

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Lighting Global Urges Shift from Kerosene to Solar Lights [viewed]

lighting.globalAugust 2014: Lighting Global has released a study, titled ‘Energy and Carbon Benefits of Pico Powered Lighting,' which confirms that modern solar lighting products designed for low-income families without access to grid electricity are far more energy efficient than kerosene lamps. Through Lighting Global, the International Finance Corporation (IFC) and the World Bank collaborate to support sustainable growth of the global off-grid lighting market in order to increase access to modern lighting services for people without access to reliable electricity.

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Event: WOC Business Forum Workshop: 'Changing Oceans and Industry Futures' [viewed]

In conjunction with the World Ocean Council (WOC) Business Forum on Ocean Policy and Planning, WOC and the EU 'Ocean Certain' research project are organizing a workshop under the theme, 'Changing Oceans and Industry Futures: How Will Changes to Ocean Properties and Processes Affect Ocean Business?'. Fifteen ocean industry representatives will gather to give input to the research project, engage in participatory mapping of the industry, construct a future scenario and learn how the 'Ocean Certain' project will move forward with the insights gained at the workshop. The objectives of the event are both to inform industry representatives of the changes in ocean properties, processes and systems and to hear industry members' views on how these changes will affect their business.  

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ILO Highlights Partnership with Mauritius on Green Economy [viewed]

ilo-mauritius26 August 2014: In advance of the Third International Conference on Small Island Developing States (SIDS), the International Labour Organization (ILO) is showcasing its partnership with Mauritius on the green economy as an example of how to increase resilience and tackle climate change in SIDS.

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UN Outlines Expectations for SIDS Conference [viewed]

SIDS Conference logo21 August 2014: The UN announced key outcomes that are expected from the Third International Conference on Small Island Developing States (SIDS) taking place in Apia, Samoa, on 1-4 September, including over 300 new, SIDS-focused partnerships that will be monitored for their achievements.

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UNFCCC TEC Addresses Links Between Technology and Finance Mechanisms [viewed]

UNFCCC21 August 2014: The ninth meeting of the Technology Executive Committee (TEC 9) of the UNFCCC discussed, among other things, matters related to: the Climate Technology Centre and Network (CTCN); technology needs assessments (TNAs), including good practices of results and possible linkages between TNAs and other processes; enabling environments and barriers, including preparation of a national systems of innovation workshop; and climate technology financing, including a draft value proposition paper and a thematic dialogue on climate technology financing.

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ADB Urges Focus on Food Insecurity, Disaster Reduction [viewed]

ADB20 August 2014: The Asian Development Bank (ADB) released its annual statistical report on key social and economic indicators, which calls for paying greater attention to the impacts of rising food prices on the poor, and addressing their vulnerability to disasters, climate impacts and other kinds of risk.

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USAID, Rockefeller Foundation Launch Global Resilience Partnership [viewed]

usaid-rockefeller-foundation20 August 2014: The Rockefeller Foundation and the US Agency for International Development (USAID) have launched a fund intended to build the resilience of disaster-prone communities in the Sahel, the Horn of Africa, South Asia and Southeast Asia. The initial investment of US$100 million will fund the best ideas and innovations resulting from a Resilience Challenge open to academic, non-profit and private sector entities.

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Adaptation Fund Approves Project in Belize, Accredits Namibian NIE [viewed]

Adaptation Fund19 August 2014: The Adaptation Fund has approved a US$6 million marine conservation and climate change adaptation project in Belize, and accredited the Desert Research Foundation of Namibia (DRFN) as a National Implementing Entity (NIE).

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ADB Assesses Climate Change Costs in South Asia [viewed]

ADB19 August 2014: The Asian Development Bank (ADB) has published a report, titled ‘Assessing the Costs of Climate Change and Adaptation in South Asia,' which predicts that by 2050, the collective economy of six countries - Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka - will see an average annual economic loss of around 1.8% of GDP by 2050 that could rise to 8.8% in 2100 if the “world continues on its current fossil fuel-intensive path.”

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