Economics, Trade & Investment

UNGA General Debate Addresses Impacts of Climate Change, SIDS' Vulnerability [viewed]

26 September 2011: During the general debate of the 66th session of the UN General Assembly (UNGA), a number of speakers referred to the impacts of climate change, addressing, inter alia, the specific vulnerability of Small Island Developing States (SIDS), the prospects for the 17th session of the Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change (UNFCC), and the impacts of climate change on food security and disasters.

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UNFCCC Executive Secretary Urges Business Leaders to Create a "Virtuous Circle" [viewed]

Christiana Figueres, UNFCCC Executive Secretary26 September 2011: Addressing the CEO Sustainability Forum in London, UK, UNFCCC Executive Secretary Christiana Figueres drew a comparison between the battles of Lord Nelson, a famous British Admiral, and that towards sustainability.

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European Commission Publishes Benchmark Values for Aviation [viewed]

26 September 2011: The European Commission has published the benchmark values that will be used to allocate greenhouse gas (GHG) emission allowances free of charge to more than 900 aircraft operators with a view to making the aviation sector part of the EU's emissions trading system (EU ETS) from 2012.

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World Bank Examines Barriers to CCS Deployment [viewed]

23 September 2011: The World Bank has published a report, titled "Carbon Capture and Storage (CCS) in Developing Countries: A Perspective on Barriers to Deployment," which assesses some of the most important barriers facing CCS deployment and assesses the economic and environmental impacts of potential CCS deployment in the power sector in the Balkan and Southern African regions, using a techno-economic model.

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EU, Switzerland Continue Negotiations on Linking their Emissions Trading Systems [viewed]

20 September 2011: The second round of negotiations between the EU and Switzerland on linking their carbon emissions trading systems was held on 20 September 2011, in Zurich, Switzerland. The negotiations seek to develop an agreement under which Switzerland and the EU would recognize each other's carbon emissions allowances.

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World Bank, IMF Analyze Impact of Economic Crisis on Development [viewed]

24 September 2011: The World Bank and International Monetary Fund (IMF) met in Washington DC, US, for the Annual Meeting of the Board of Governors and issued a Development Committee Communiqué noting that the turbulence in global financial markets, volatile commodity prices and pressures on food security pose critical challenges to the achievement of the Millennium Development Goals (MDGs).

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EBRD Invests US$5 Million in Georgian Hydropower [viewed]

21 September 2011: The European Bank for Reconstruction and Development (EBRD) has announced plans to invest US$5 million in the Georgia Urban Energy LLC (GUE),  a subsidy of the Turkish Anadolu Group, to complete an 85 megawatt hydropower plant in Georgia.

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WTO Public Forum Discusses Eco-Innovation, Carbon Accounting and Green Growth [viewed]

21 September 2011: The World Trade Organization (WTO) Public Forum 2011 highlighted the relevance of food security for the trade and development agenda, as well as the need for eco-innovation and support for green growth.

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“Environment for Europe” Ministerial Conference Discusses Water and Green Economy [viewed]

23 September 2011: The seventh “Environment for Europe” Ministerial Conference concluded with the adoption of a Ministerial Declaration titled “Save water, grow green!” Through the Declaration, ministers agree to take the lead in the transition to a green economy and to make substantive contributions to the discussions on green economy within the context of sustainable development, poverty alleviation and the UN Conference on Sustainable Development (UNCSD, or Rio+20).

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UNECE Releases European Forest Sector Outlook Study II [viewed]

22 September 2011: The UN Economic Commission for Europe (UNECE) has released the European Forest Sector Outlook Study II (EFSOS II) 2010-2030, which covers the 27 members of the EU, as well as Eastern and South-Eastern Europe, illustrating the consequences of today's policy choices for the future of forests.

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