Economics, Trade & Investment

Adaptation Fund Board Adopts Decisions on Performance Review of the Secretariat [viewed]

Adaptation Fund3 September 2012: The Adaptation Fund Board (AFB) has decided to recommend that the Global Environment Facility (GEF) should remain as the interim secretariat for the Adaptation Fund Board. The intersessional decisions of the Adaptation Fund Board are based on a Performance Review of the Secretariat and Trustee of the AFB. 

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CIF, AfDB Funding to Bolster Niger Water Sector [viewed]

3 September 2012: Niger has been awarded US$22 million in financing from the Climate Investment Funds (CIF), in addition to financial and technical resources from the African Development Bank (AfDB), to support the Niger Water Resources Mobilization and Development Project, as well as provide assistance to scale-up best practices within a number of other water resource management projects in Niger.

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CCAFS Bulletin Describes Toll of Heat Shocks on Economic Growth [viewed]

3 September 2012: The September edition of the AgClim Letters, published by the Climate Change, Agriculture and Food Security Program (CCAFS), describes long-term effects of temperature shocks on economic growth, which is felt especially in poor countries. 

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Climate Finance Investment Facility Calls for Proposals from Asia-Pacific Region [viewed]

5 September 2012: The Climate Finance Innovation Facility (CFIF), managed by the Frankfurt School – UN Environment Programme (UNEP) Collaborating Centre for Climate and Sustainable Energy Finance, has launched its third Call for Proposals. CFIF invites applications from financial institutions based in Asia-Pacific developing countries, to be submitted by 30 September 2012.

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Event: Second UNFCCC Workshop on Long-term Finance [viewed]

The aim of the long-term finance work programme is to contribute to the on-going efforts to scale up the mobilization of climate change finance after 2012. The second workshop will build on the discussions held during the first workshop in June in Bonn. While the first workshop mainly concentrated on understanding the general nature and overview of long-term climate finance, the second workshop is designed to generate more in-depth discussion on its sources and enabling environments. The Cape Town event is also an opportunity for Parties, private sector and civil society stakeholders to express their views on these issues. In-depth discussions will be held on important sub-topics such as new and innovative sources of climate finance, various approaches and strategies to mobilize climate finance from various sources, and ways to strengthen the capacity of developing countries for improved access to climate finance. To ensure full transparency and inclusiveness, central parts of the second workshop will be webcast live and on demand, and external participants will be able to put questions to the presenters, and leave comment's on UNFCCC's social media platforms.  

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Event: Climate Public Expenditure and Institutional Reviews [viewed]

The UN Development Programme (UNDP), the World Bank and partners will organize a workshop on aid effectiveness in the area of public expenditure related to climate change, bringing 100 government officials and development partners from the Asia Pacific, Africa and Latin America regions to Bangkok. Particpants at the three-day workshop, titled "Climate Public Expenditure and Institutional Reviews: Workshop on Past Experience and the Way Forward" and convening from 10-12 September 2012, will work on recommendations for peer support and collaboration and produce guidelines for a new "Climate Change Public Expenditure Review Sourcebook".  

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World Bank Approves Loan for Greening Himachal Pradesh's Development Policy [viewed]

World Bank6 September 2012: The World Bank approved a US$100 million loan to support India's Himachal Pradesh (HP) State in moving towards a green growth path, through the protection of watersheds in the mountainous region and the development of sustainable hydropower. A second development policy loan is expected to follow, with funding from the Clean Technology Fund (CTF).

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Event: GEF STAP Workshop on Soil Organic Carbon and Carbon Benefits Project [viewed]

The Global Environment Facility (GEF) Scientific and Technical Advisory Panel (STAP) is organizing two workshops in Kenya to consider the role of soils in delivering global environmental benefits, and to share the tools developed by the UN Environment Programme (UNEP)-GEF Carbon Benefits Project. A scoping workshop for the GEF on soil organic carbon for global benefits will be held 10-12 September at UNEP. On 13-16 September 2012, STAP and UNEP will lead a review workshop of the tools developed by the UNEP-GEF Carbon Benefits Project (CBP). The meeting will be held at Voi Wildlife Lodge in Tsavo.  

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Event: Fourth Clean Energy Ministerial [viewed]

The fourth Clean Energy Ministerial (CEM4) will bring together ministers from more than 20 participating countries under the theme of "Technology and Business Innovation". Topics to be discussed include: progress by the 13 clean energy initiatives of CEM; enhancing cooperation between CEM governments; and the development of public-private partnerships to support clean energy development. Six high-level public-private roundtables will be held to discuss: solar photovoltaics; clean vehicles; power markets in emerging economies; renewable policy and finance; energy management systems; and mini-grid development. CEM4 will also hold an Innovation Showcase Pavilion that will be open to the public to highlight 40 groundbreaking clean technologies from 16-18 April. Following the opening of the Pavilion, a Clean Energy Education and Empowerment (C3E) Women in Clean Energy event will be held, which will include: opening remarks by representatives from India and South Africa; a short film introducing C3E; and a panel discussion on “Women and Clean Energy Innovation.” The Super-Efficient Equipment and Appliance Deployment (SEAD) initiative will also present the SEAD Global Efficiency Medal Awards for the most energy-efficient commercially available flat-panel televisions on 17 April.  

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IFAD Pledges Finance Adaptation for Smallholder Agriculture Activities in Yemen [viewed]

7 September 2012: The Consultative Group Meeting for the Republic of Yemen announced a package of pledges towards Yemen's Transitional Program for Stabilization and Development, which included US$41 million in pledges from the International Fund for Agricultural Development (IFAD) to develop new programs.

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