Economics, Trade & Investment

SPC Holds Cost-Benefit Analysis Workshop [viewed]

SPC29 January 2013: The Secretariat of the Pacific Community (SPC) held a workshop at the Kiribati Institute of Technology to train government officers to use cost-benefit analysis (CBA) as a framework to improve decision making and project quality, in particular for projects affected by climate change.

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20th AU Summit Discusses MDGs, Post-2015 Development Agenda [viewed]

African Union (AU)28 January 2013: The 20th session of the African Union (AU) Summit met from 21-28 January 2013, in Addis Ababa, Ethiopia, under the theme of “Pan-Africanism and African Renaissance.” Heads of State from 37 countries discussed a range of issues, including peace and security, maternal health, poverty, malaria, climate change, and the post-2015 development agenda.

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JRC Publishes Indicators, Country Data on Impact of Production and Consumption on Resources [viewed]

22 January 2013: The Joint Research Initiative (JRC) of the European Commission (EC) has published a series of indicators on the impact of production, consumption and trade on the use of resources and pollution, as well as a set of country fact sheets applying these indicators in EU and other countries.

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Event: Forum on Tourism, Sustainability and Climate Change in Central America [viewed]

Jointly organized by the UN World Tourism Organization (UNWTO) and the National Chamber of Tourism of Honduras, with support from the Central American Commission on Environment and Development (CCAD), the Inter-American Development Bank (IDB), the Adaptation Fund, the US Agency for International Development (USAID), Honduras' Environment and Natural Resources Secretariat (SERNA) and several national and regional tourism bodies, this Forum aims to focus on the impact of climate change on Central America's tourism sector, strengthen the sector's ability to address climate change threats and challenges, examine adaptation opportunities and techniques, and discuss steps to implement the 2007 Davos Declaration on Climate Change and Tourism Responding to Global Challenges. The Forum will feature roundtables on: sustainable tourism opportunities; climate impacts and adaptation in coastal tourist destinations; climate impacts and adaptation in cultural and natural tourism destinations; climate change and mitigation measures in the tourism sector; and policies for climate change and tourism. The Global Environment Facility (GEF) provides secretariat services to the Adaptation Fund Board (AFB) and the World Bank serves as trustee of the Adaptation Fund, both on an interim basis.  

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Indonesia Submits Sustainable Transport NAMA [viewed]

23 January 2013: Indonesia has submitted the "Sustainable Urban Transport Initiative" as a Nationally Appropriate Mitigation Action (NAMA), seeking support for implementation. The initiative seeks to foster sustainable urban transport in Indonesian cities through the adoption of measures to stop the increasing motorization in the country and diminish existing externalities of transportation.

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NOAK Study Urges Climate Finance of Adaptation-Mitigation Synergies [viewed]

11 January 2013: A report prepared for the Nordic Working Group for Global Climate Negotiations (NOAK) finds that synergies between climate change adaptation and mitigation can foster a more efficient, responsive and comprehensive climate policy.

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IMF Study Provides Lessons for Energy Subsidies Reform [viewed]

28 January 2013: The International Monetary Fund (IMF) has released a report, titled "Energy Subsidy Reform: Lessons and Implications," which explores how conventional energy subsidies reduce incentives for investment in renewable energy and accelerate the depletion of natural resources.

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World Bank President Urges World Economic Forum to Make Climate a Top Priority [viewed]

World Bank24 January 2013: In an op-ed appearing in The Washington Post, Jim Yong Kim, President of the World Bank Group, underscored that climate change should be at the top of the agenda at the World Economic Forum meeting in Davos, warning economic leaders that continued inaction “imperils all of the development gains we have made."

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Cook Islands Submits Renewable Energy NAMA [viewed]

17 January 2013: The Government of the Cook Islands has submitted a Nationally Appropriate Mitigation Action (NAMA) seeking support for implementation to pursue the objective of achieving electricity 100% based on renewable sources by 2020. The proposal includes an implementation plan to generate 50% of its energy production from renewables by 2015, phasing out its current diesel generator-dominated system.

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PIFS Releases 2012 Pacific Annual Progress Report, Reporting Annex [viewed]

PIFS25 January 2013: The Secretary General of the Pacific Islands Forum Secretariat (PIFS), Tuiloma Neroni Slade, has released the Pacific Plan 2012 Annual Progress Report and its associated Reporting Annex. The documents highlight challenges faced by the region, and outline progress made towards greater regional integration and cooperation in various areas, including climate change, fisheries, gender equality and disability-inclusive development.

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