Economics, Trade & Investment

IMF Stresses Role of Taxes for Sustainable Energy Pricing [viewed]

international.monetary.fund31 July 2014: The International Monetary Fund (IMF) has released a book for policy makers on how to use tax policy to ensure that energy prices properly reflect impacts on the environment and sustainable economic development.

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India, US Consult on Climate Change [viewed]

india.us30 July 2014: High-level officials from India and the US have met to discuss bi- and multilateral cooperation on climate change. The meeting constituted the first round of bilateral consultations under the India-US Joint Working Group on Climate Change.

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UNAI, CFR Host Discussion on Hydraulic Fracturing [viewed]

cfr.academic.impact16 July 2014: A discussion on the risks and benefits of hydraulic fracturing was hosted by the UN Academic Impact (UNAI) and the US Council on Foreign Relations (CFR). The event examined the potential extent and consequences of the US hydraulic fracturing boom for international security, economics and security, and discussed a potential role for the UN in supporting countries in making related decisions.

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Event: 10th WTO Ministerial Conference [viewed]

The 10th World Trade Organization (WTO) Ministerial Conference is expected to meet in December 2015. The Ministerial Conference is the topmost decision-making body of the WTO. It usually meets every two years, and brings together all members of the WTO.  

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July 2014 Climate Finance Update [viewed]

EIB-CIF-AfDB-EBRD-World Bank-GEF31 July 2014: During July 2014, the European Investment Bank (EIB) and the Global Environment Facility (GEF) have reported on climate investments. Both the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) announced partnerships with the Climate Investment Funds (CIF) for a variety of climate-related investments. The World Bank also announced additional funding to be provided by CIF.

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July 2014 Sustainable Energy Finance Update [viewed]

World Bank-EBRD-EIB-ADB-AfDB-IDB-CDB31 July 2014: During the month of July, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the Government of Germany, and other donors undertook activities and approved funding for sustainable energy projects in Armenia, Austria, Brazil, India, Indonesia, Israel, Kyrgyz Republic, Nepal, Poland, Sri Lanka, Tajikistan, Tunisia and Uruguay, among other countries.

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WMO, SPREP Campaign to Improve Weather and Climate Services [viewed]

wmo-sprep4 August 2014: A global campaign to improve weather and climate services for small island developing States (SIDS) was launched with support from the World Meteorological Organization (WMO), the Secretariat of the Pacific Regional Environment Programme (SPREP) and Digicel Pacific. The 'Small Islands, Weather Together' campaign aims to illustrate that SIDS can work together to improve critical weather and climate services.

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ECOSOC Recommends Upgrading Tuvalu from LDC Status [viewed]

tuvalu.flag31 July 2014: The Pacific Island Forum Secretariat (PIFS) has reported that the UN Economic and Social Council (ECOSOC) has recommended that Tuvalu no longer be considered a Least Developed Country (LDC).

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US Report Highlights Cost of Delaying Climate Action [viewed]

the-white-house29 July 2014: The White House Council of Economic Advisers has released a report that examines the economic consequences of delaying the implementation of policies aimed at combating climate change and reducing greenhouse gas (GHG) emissions, and emphasizes the urgency of taking policy action on climate change.

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Pacific Adaptation to Climate Change Project's Final Review Conducted [viewed]

PACC28 July 2014: The fifth and final multi-partite review of the Pacific Adaptation to Climate Change (PACC) Project, scheduled to finish in December 2014, was conducted in Nadi, Fiji. The PACC Project is a partnership funded by Australia and the Global Environment Facility (GEF), with the UN Development Programme (UNDP) as implementing agency and the Secretariat of the Pacific Regional Environment Programme (SPREP) as implementing partner.

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