Economics, Trade & Investment

ECOSOC Begins Meeting with BWIs on Post-2015, FfD [viewed]

ECOSOC20 April 2015: The UN Economic and Social Council (ECOSOC) began its annual special high-level meeting with the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO), and the UN Conference on Trade and Development (UNCTAD), with a focus on the theme of ‘Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda.' The meeting brought representatives of the Bretton Woods Institutions (BWIs) together with UN Member States to discuss post-2015 development and the Third International Conference on Financing for Development (FfD 3).

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Governments Call for Eliminating Fossil-Fuel Subsidies [viewed]

Governments Call for Eliminating Fossil-Fuel Subsidies17 April 2015: A communiqué signed by the members of the Friends of Fossil Fuel Subsidy Reform group calls for countries to prioritize the phase-out of fossil-fuel subsidies ahead of the Paris Climate Change Conference. The Friends are urging all governments to endorse the statement; France and the US are the first countries outside the Friends groups to do so.

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Future of Energy Summit Explores Transformation of Utilities [viewed]

the_future_of_the_energy_summit15 April 2015: The Future of Energy Summit 2015 met under the theme ‘Opportunities for Transformation,' and covered key areas for the future of utilities, namely power generation, grids, connected homes and vehicles. Over 1000 attendees and 140 speakers participated in 45 sessions, which convened under the daily themes of: innovation; political, regulatory and business decisions; and investment.

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NAP Expo Shares Experiences and Lessons on Adaptation Plans [viewed]

napexpo15 April 2015: Over 150 participants attended the third NAP Expo, which was organized by the Least Developed Countries Expert Group (LEG) of the UNFCCC and an advisory group that included the Adaptation Committee. Hot topics, as well as current experiences and challenges relevant to adaptation to climate change, were the focus of discussions and learning sessions at the Expo.

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African Countries Prepare for Paris Climate Negotiations at Seventh Africa Carbon Forum [viewed]

AfricaCarbonForum15 April 2015: Intended nationally determined contributions (INDCs) to the anticipated 2015 climate change agreement will be essential for durable African economies, according to remarks made by UNFCCC Deputy Executive Secretary Richard Kinley at the Seventh Africa Carbon Forum. Speaking on the outcomes needed for a successful Paris Climate Change Conference, Kinley told African countries gathered at the Forum that "INDCs are each country's opportunity to express their development priorities."

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China, UN Sign MOU on South-South Climate Cooperation [viewed]

China, UN Sign MOU13 April 2015: As a follow-up to its commitment at the 2014 Climate Summit, the Government of China has signed a memorandum of understanding (MOU) with the UN on South-South cooperation on climate change. Under the MOU, China and the UN will work together to promote the sharing of technologies, know-how and experience among countries in the global South.

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Event: G20/OECD High-Level Roundtable on Institutional Investors and Long-Term Investment [viewed]

The Group of 20 (G20) and Organisation for Economic Co-operation and Development (OECD) will participate in their annual High-Level Roundtable on Institutional Investors and Long-Term Investment, which focuses on barriers to institutional long-term investing and solutions that encourage such investment.  

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Event: Climate Change Innovation Camp [viewed]

Ten finalist teams that answered a call for innovative solutions to climate change under a UN Development Programme (UNDP) nationwide campaign in the former Yugoslav Republic (fYR) of Macedonia will participate in a three-day Climate Change Innovation Camp. The finalists were selected from 130 submissions to the campaign, which was launched in December 2014 by UNDP in fYR Macedonia. During the Camp, the finalists will receive expert technical advice to develop their proposals further and compete for a US$10,000 prize to develop their proposals into prototypes. Finalists have put forward ideas involving: bikes and shoes to charge electronics; 'Eco Taxis'; solar collectors and billboards; solar cooling devices; re-using shower water for flushing toilets; using smartphones to create reminders for shutting off lights and optimizing heating and cooling; a smart app for carpooling; promotion of alternative means of transport; 'climate cafés'; and green roofs and facades.  

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G7 Foreign Ministers Identify Climate Change, Fragility as Priority [viewed]

G7 Germany15 April 2015: The G7 Foreign Ministers Meeting convened within the framework of Germany's G7 Presidency to address pressing international issues that impact global peace and security. The meeting resulted in the G7 Foreign Ministers' Meeting Communiqué, in which the Ministers describe climate change as one of the most serious challenges the world faces, threatening the environment, global security and economic prosperity, and potentially reversing progress made in tackling poverty.

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India, France Express Support to Successful Paris Conference [viewed]

Agreement_India_France14 April 2015: Indian Prime Minister Narendra Modi and French President François Hollande issued a joint statement affirming their support to ensuring a successful outcome at the UN Paris Climate Change Conference in December 2015, and stressing the importance of timely submissions of intended nationally determined contributions (INDCs) and raising pre-2020 ambition. In the statement, made during an official visit by Prime Minister Modi to Paris, France, the two leaders also announced cooperation on smart cities and sustainable energy.

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