Economics, Trade & Investment

EC Study Outlines Pathway to Standardizing Disaster Loss Databases [viewed]

European Union16 January 2014: The European Commission (EC) released a report, titled 'Recording Disaster Losses: Recommendations for a European Approach,' which outlines a pathway for a standardized European approach to record and manage disaster loss.

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ADB Increases Financing of Environmental Sustainability Projects [viewed]

ADB24 December 2013: The Asian Development Bank (ADB) has increased its level of investment in development projects in the region, including investment in clean energy projects.

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Event: IRENA Africa Clean Energy Corridor High-Level Meeting [viewed]

This ministerial meeting is being convened to consider an Action Agenda for the Africa Clean Energy Corridor, an initiative launched at the third session of the International Renewable Energy Agency (IRENA) Assembly in January 2013, with the objective of developing clean, indigenous, cost-effective renewable power to support Africa's economic development. The Ministerial Round Table will discuss: benefits of the Africa Clean Energy Corridor; countries' views on the opportunity to move to a renewable energy future; key challenges that countries will face in making the transition; whether countries are fully equipped to use their renewables resource potential; and whether the concept of the Africa Clean Energy Corridor provides the necessary elements to enable renewable energy transition.  

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UNFCCC Executive Secretary Calls for Increased Investment in Low-Carbon Assets [viewed]

Christiana Figueres COP1715 January 2014: UNFCCC Executive Secretary Christiana Figueres has called on investors to redirect their investment portfolios towards low-carbon assets, such as assets built on renewable energy and energy efficiency, in order to contribute to achieving a low-carbon economy. 

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EIB's Climate Awareness Bond Increases to €1.5 Billion [viewed]

Eib14 January 2014: The European Investment Bank (EIB) had its first transaction of 2014 in the European green bond market, a €350 million Climate Awareness Bond (CAB) increase. Due 15 November 2019, the CAB is now worth a record €1.5 billion, the largest climate-themed bond in any currency.

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Mountain Partnership Calls for Including Mountains in Post-2015 Development Agenda [viewed]

Mountain Partnership10 January 2014: Representatives from Argentina, Italy, Kyrgyzstan and Peru called for including mountains in the Sustainable Development Goals (SDGs) during an event on the margins of the seventh session of the UN General Assembly's (UNGA) Open Working Group (OWG) on SDGs. Also at the event, which took place on 8 January 2014, in New York, US, the Mountain Partnership Secretariat introduced two policy briefs highlighting sustainable mountain development as a priority. 

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UN-REDD, Kenya Assess REDD+ Corruption Risk [viewed]

UN-REDD Programme14 January 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) has reported that Kenya's Ministry of Environment, Water and Natural Resources has launched 'A Corruption Risk Assessment for REDD+ in Kenya.' The study was conducted by the Anti-Corruption Resource Centre (U4) with the support of the UN-REDD Programme with engagement of Kenya's Ethics and Anti Corruption Commission.

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Event: Second High Level Meeting of the Africa-EU Energy Partnership [viewed]

The second High Level Meeting of the Africa-EU Energy Partnership (AEEP), jointly organized by the Government of Ethiopia and the African Union Commission (AUC), will gather African and European Ministers, AU and European Union (EU) Commissioners, and other high-level policy-makers, international organizations, the private sector, academia, and civil society to discuss Africa-EU cooperation on energy and foster further commitments and action on the energy challenges facing the two continents. The High Level Meeting will take place from 12-13 February 2014, and a business exhibition showcasing technologies for overcoming Africa's energy challenges will take place at the same venue from 11-13 February 2014.  

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Bolivia Assumes Chair of G-77-China [viewed]

G77 and China8 January 2014: Bolivia took over from Fiji as Chair of the Group of 77 and China (G-77/China) during a special ceremony held at UN Headquarters in New York. Bolivian President Evo Morales attended the event, during which UN Secretary-General Ban Ki-moon and President of the General Assembly (PGA) John Ashe urged the Group to work collectively towards reaching: the Millennium Development Goals (MDGs); a unified and universal post-2015 development agenda, with poverty eradication as the overarching goal; and a new global climate agreement.

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CIFOR Outlines REDD+ Challenges in Peru [viewed]

CIFOR9 January 2014: The Center for International Forestry Research (CIFOR) has published a report on the drivers of deforestation in Peru, including the political and economic conditions under which Peru intends to achieve a national target of zero net deforestation by 2021.

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