Economics, Trade & Investment

ECLAC, CARICOM Highlight Vulnerabilities, Opportunities in Caribbean SIDS [viewed]

1280784375ECLAC_logo3 September 2014: During a side event at the Third International Conference on Small Island Developing States (SIDS), representatives of Caribbean SIDS and the UN discussed critical factors that underpin the vulnerability of Caribbean SIDS. ‘The vulnerability of Caribbean SIDS revisited - it's all about size' took place in Apia, Samoa, on 3 September 2014, and was organized by the Economic Commission for Latin America and the Caribbean (ECLAC) in collaboration with the Caribbean Community (CARICOM) Secretariat.

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Study Values Carbon Credit Benefits [viewed]

icroaSeptember 2014: Imperial College London in partnership with the International Carbon Reduction and Offsetting Alliance (ICROA) have published a study, titled ‘Unlocking the Hidden Value of Carbon Offsetting,' which demonstrates how purchasing carbon credits creates opportunities for economic development, promotes environmental conservation, and improves people's lives by delivering numerous social benefits, including household savings, health benefits and improved water resources.

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UN Global Compact Calls on Businesses to Align with Carbon Pricing Criteria [viewed]

Global CompactSeptember 2014: The UN Global Compact and its Caring for Climate initiative partners have issued a call for companies to align with a set of 'Business Leadership Criteria on Carbon Pricing' developed to recognize businesses advocating for a price on carbon. Companies aligned with the Leadership Criteria will be featured at the UN Secretary-General's Climate Summit on 23 September in New York, US.

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UNFCCC Announces Climate Heroes Documentary [viewed]

UNFCCC3 September 2014: As part of its Momentum for Change initiative, the UNFCCC Secretariat will launch a documentary on climate action during Climate Week NYC, scheduled for 22-28 September 2014, in support of the UN Secretary-General's Climate Summit. The documentary, featuring nine initiatives from around the world, aims to demonstrate how climate action is generating jobs and improving lives.

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UNFCCC Releases GEF Report to COP 20 [viewed]

GEF UNFCCC2 September 2014: The UNFCCC Secretariat has released the report of the Global Environment Facility (GEF) to the 20th session of the Conference of the Parties (COP 20) to the UNFCCC. The report will form the basis for the COP to communicate to the GEF Council any policy guidance approved by UNFCCC parties concerning the financial mechanism.

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August Water Finance Update [viewed]

erdb-wb-gef-adb-afdb31 August 2014: During the month of August, the World Bank, the Global Environment Facility (GEF), the African Development Bank (AfDB), the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) issued loans or grants for projects in Laos PDR, Cameroon, South Africa, Armenia and Romania. The World Bank also reported on the implementation of projects in Viet Nam, Zimbabwe and India.

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SIDS Conference Discusses Climate Change, Resilience, Social Development, NCDs [viewed]

2sepsids2 September 2014: Small island developing States (SIDS) and development partners continued their general debate at the Third International Conference on SIDS on 2 September, in Apia, Samoa, addressing issues of debt restructuring, SIDS' resilience, waste management, climate change, sea-level rise and recovery from extreme weather events. Several SIDS speakers stressed that access to financing and operationalization of the Green Climate Fund (GCF) require the attention of the international community, in the quest for sustainable development.

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August 2014 Sustainable Energy Finance Update [viewed]

ebd.eib.adb.worldbank.afdb31 August 2014: During the month of August, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in Albania, Azerbaijan, Burkina Faso, Kazakhstan, Laos, Mali, Nigeria, Rwanda, South Africa and Viet Nam.

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SPREP, Germany Sign €5 Million EbA Project [viewed]

SPREP31 August 2014: The Secretariat of the Pacific Regional Environment Programme (SPREP) and Germany's Federal Ministry of the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) signed a five-year, €5 million project ahead of the Third International Conference of Small Island Developing States (SIDS). 'Natural Solutions to Climate Change in the Pacific Islands Region: Implementing Ecosystem-based Adaption' will strengthen Ecosystem based Adaptation (EbA) through activities in Fiji, Solomon Islands and Vanuatu as a way to adapt and build resilience to climate change.

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Event: 8th Meeting of the GCF Board [viewed]

The 8th meeting of the Green Climate Fund (GCF) Board will be the last meeting before the 20th session of the Conference of the Parties to the UNFCCC in December 2014, Lima, Peru.  

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