Economics, Trade & Investment

UN Agencies Release Blueprint for Ocean and Coastal Sustainability Ahead of UNCSD [viewed]

1 November 2011: Several UN entities have issued a Blueprint for Ocean and Coastal Sustainability, which highlights the role of oceans in sustainable development and offers recommendations ahead of the UN Conference on Sustainable Development (UNCSD, or Rio+20).

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African Economic Conference Endorses Green Growth for Future Prosperity [viewed]

28 October 2011: The Sixth African Economic Conference (AEC), convened under the theme of "Green Economy and Structural Transformation," closed with an endorsement from delegates for green growth and structural transformation of ec0nomies on the continent to ensue future economic growth and job creation.

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EBRD Lends to Russian Bank to Promote Energy Efficiency [viewed]

28 October 2011: The European Bank for Reconstruction and Development (EBRD) is providing Russia's NBD Bank with 280 million roubles in financing to lend on to small businesses interested in improving energy use practices. NBD is the second largest bank in Russia's Nizhny Novgorod region.  

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IEA Report Highlights Renewable Energy Potential in Greece [viewed]

26 October 2011: The International Energy Agency (IEA) has published a report entitled “Energy Policies of IEA Countries – Greece,” which finds that energy policy could be a significant driver of economic recovery in Greece and highlights the country's potential for wind and solar.

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World Bank Institute Climate e-Bulletin Focuses on Durban [viewed]

World Bank20 October 2011: The October edition of the World Bank Institute's Climate Change Practice quarterly e-bulletin presents dialogues with various climate change experts, recorded via videoconference, that are focused on preparations for the upcoming 17th session of the Conference of the Parties (COP 17) to the UNFCCC.

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Event: CIF SREP Pilot Countries Meeting [viewed]

The Climate Investment Funds (CIF) Scaling Up Renewable Energy Program (SREP) will hold a meeting of its pilot countries, to evaluate progress and discuss tasks ahead. Pilot countries taking part in SREP are: Ethiopia, Honduras, Kenya, Maldives, Mali and Nepal.  

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World Bank Supports Large-Scale Renewable Electricity Generation in South Africa [viewed]

World Bank27 October 2011: The World Bank approved a US$250 million loan for South Africa to help implement utility-scale, concentrated solar power and wind power plants for electricity generation.

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African Economic Conference Calls for Climate Insurance for Farmers [viewed]

27 October 2011: With increasing volatility due to climate change and price shocks, delegates to the Sixth African Economic Conference heard that investment in agriculture alongside stabilization and insurance schemes, including for small holder farmers, may be necessary to ensure domestic price stability.

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CIF Trust Fund Invites Private Sector Observer Nominations [viewed]

26 October 2011: The Climate Investment Funds (CIF) is inviting nominations for private sector observers for the Clean Technology Fund (CTF) as well as for the three Sub-Committees of the Strategic Climate Fund: the Forest Investment Program (FIP), the Pilot Program for Climate Resilience (PPCR), and the Scaling-up Renewable Energy Program (SREP).

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UN Secretary-General Calls on G20 to Step Up for Sustainable Development [viewed]

Ban Ki-moon, UN Secretary General25 October 2011: Ahead of the Group of 20 (G20) summit in Cannes, France, UN Secretary-General Ban Ki-moon has called on the world's largest economies to show the bold leadership needed to resolve the global economic crisis and achieve sustainable development.

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