Economics, Trade & Investment

UNCCD, GEF Prepare Answers to FAQs on GEF Funding [viewed]

UNCCD12 January 2012: The Secretariat of the UN Convention to Combat Desertification (UNCCD), in consultation with the Secretariat of the Global Environment Facility (GEF), has compiled answers to frequently asked questions (FAQs) with regard to GEF funding under the land degradation focal area, in particular in relation to enabling activities funding for UNCCD reporting and alignment of action programmes.

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IDB Approves New Clean Technology and Renewable Energy Fund [viewed]

IDB13 January 2012: The Inter-American Development Bank (IDB) has approved a US$30 million loan for the Emerging Energy Latin America Fund II, which is designed to support the private sector as a driving force in clean technologies and renewable energy deployment in the region.

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Fifth Investor Summit on Climate Risk and Energy Solutions Calls for Further Innovation [viewed]

12 January 2012: The fifth Investor Summit on Climate Risk and Energy Solutions brought together close to 500 of the world's investors and financial players to showcase their actions and discuss promising trends to catalyze large-scale investment. 

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Landfill Fuels Electricity in Peru [viewed]

World Bank6 January 2012: The World Bank has inaugurated an energy plant in Peru, fueled by a landfill in the Peruvian desert, which will supply energy to the national grid and generate carbon credits.

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EIB Grants Credit Line to Caribbean Development Bank for Climate Action Projects [viewed]

6 January 2012: The European Investment Bank (EIB) has announced that it will grant a €50 million line of credit to the Caribbean Development Bank (CDB) to help finance borrowing member countries' (BMC) efforts to address climate change mitigation and adaptation.

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IRENA Launches Renewable Energy Country Profiles Database for the African Region [viewed]

December 2011: The International Renewable Energy Agency (IRENA) has launched its Renewable Energy Country Profiles Database for the African region. The database is a tool provided by IRENA to take stock of renewable energy developments. 

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Event: World Environment Day 2012 [viewed]

World Environment Day 2012 will be celebrated under the theme "Green Economy: Does it include you?" and will be hosted by Brazil. World Environment Day 2012 will mark the 40th anniversary of the Day.  

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Event: Special High-level Meeting of ECOSOC with the Bretton Woods Institutions, WTO and UNCTAD [viewed]

The Special high-level meeting of the Economic and Social Council (ECOSOC) with the Bretton Woods Institutions (International Monetary Fund (IMF) and World Bank), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) will analyze issues of common concern, related to the global economy and sustainable development. Pursuant to ECOSOC resolutions 2011/38, 2010/26 and 2009/30, the overall theme of the meeting will be “Coherence, coordination and cooperation in the context of Financing for Development”.  

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FAO Guidebook Highlights Carbon Finance Options for Smallholder Farmers [viewed]

FAO10 January 2011: The Food and Agriculture Organization of the UN (FAO) has published a guidebook titled "Climate Change Mitigation Finance for Smallholder Agriculture - A guide book to harvesting soil carbon sequestration benefits," which underscores the role of agriculture in global climate change mitigation efforts and describes approaches for participating in carbon financing opportunities.

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ECLAC Head Calls for Tax Reform With a Vision of Sustainable Development [viewed]

9 January 2012: Addressing the roundtable on "Opportunities and Challenges of Climate Change for the Economic and Social Development of Latin America," the Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, has underscored that the region needs "tax reforms with a vision of sustainable development."

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