Economics, Trade & Investment

Triennial LDC Review Hears Vanuatu's Needs for Smooth Transition [viewed]

17 January 2012: The representative of Vanuatu to the UN urged the Committee for Development Policy (CDP) of the UN Economic and Social Council (ECOSOC) to ensure that, if the country is recommended for graduation from least developed country (LDC) status, it would continue to enjoy the preferential trade terms and other privileges provided to LDCs, in order not to derail the country from its sustainable development path.

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Event: Workshop on the Process and Requirements of the Accreditation of National Implementing Entities for Direct Access under the Adaptation Fund for the Asian and Eastern European Regions [viewed]

The Adaptation Fund (AF), established by the parties to the Kyoto Protocol of the UNFCCC, is mandated to finance concrete adaptation projects and programmes in developing countries that are parties to the Kyoto Protocol. These funds can either be accessed through an accredited multilateral institution, or through an accredited National Implementing Entity (NIE). For an NIE to be accredited, it has to provide evidence for being able to meet the fiduciary standards set up by the AF Board. An entity that meets these standards and in turn becomes an accredited NIE has "direct access" to the resources of the AF. This workshop for the Asian region is the third of a series, as two regional workshops have already been organized by the Secretariat for the African region, and for Latin America and the Caribbean.  

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IDB Funds Biomass Project for Low Income Families in Brazil [viewed]

IDB8 February 2012: The Inter-American Development Bank (IDB) has approved a US$2 million project to help low-income families in Brazil to supply fruit kernels to biomass plants.

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EBRD Increases Investment in Sustainable Energy [viewed]

8 February 2012: The European Bank for Reconstruction and Development (EBRD) invested €2.6 billion in sustainable energy projects in 2011 in response to the need to increase energy efficiency and support low-carbon growth, the Bank has announced.

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AfDB Holds Climate Change and Agriculture Training [viewed]

AfDB8 February 2012: With the support of the UK Department for International Development (DFID), the African Development Bank (AfDB) organized a workshop on climate change, agriculture and natural resources in Tunis, Tunisia, from 26-27 January 2012.

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AfDB Identifies Key Challenges to Address through Agriculture Strategy [viewed]

AfDB8 February 2012: The African Development Bank's (AfDB) Agriculture and Agro-Industry Department (OSAN) has identified the implementation of drought resilience projects in the Horn of Africa as a key challenge to be addressed in the 2012 AfDB Agriculture Strategy.

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UNEP FI Newsletter Highlights Rio+20 Natural Capital Declaration [viewed]

UNEP FI8 February 2012: The UN Environment Programme Finance Initiative (UNEP FI) has released the February 2012 iisue of its newsletter, which includes articles on: the Natural Capital Declaration, intended to demonstrate the commitment of financial institutions at the UN Conference on Sustainable Development (UNCSD, or Rio+20); UNEP FI's activities at the Durban Climate Change Conference; and the release of a report on insurance, drawing on lessons from the Southern Cape of South Africa.   

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UNCTAD Report Makes the Case for Development-led Globalization [viewed]

7 February 2012: In his report to the 13th session of the UN Conference on Trade and Development (UNCTAD), UNCTAD Secretary-General Supachai Panitchpakdi has proposed replacing the pattern of finance-driven globalization (FDG) currently dominating international relations with a model of development-led globalization (DLG).

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EEA Reports Recommend Environmental Tax Reform [viewed]

9 January 2012: The European Environment Agency (EEA) has released two reports on European Tax Reform (ETR). The reports, titled “Environmental Tax Reform in Europe: Opportunities for Eco-innovation” and “Environmental Tax Reform in Europe: Implications for Income Distribution,” highlight that implementing the ERT could spur eco-innovation, create jobs, and result in environmental benefits, including greenhouse gas (GHG) emission reductions. 

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Event: Carbon Expo 2012 [viewed]

The international trade fair and conference for emissions trading, carbon abatement solutions and clean technologies is sponsored by the World Bank. A three-day program will feature over 250 speakers in plenaries and workshops. The conference will provide insights into national situation reports, latest knowledge and trends, and discuss links between trading and other international policies and developments.  

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