Economics, Trade & Investment

CIFOR Newsletter Highlights Global Biofuel Information Tool [viewed]

26 September 2011: The Center for International Forestry Research (CIFOR) has released its September 2011 newsletter, noting the opening of registration for Forest Day at the 17th session of the Conference of the Parties (COP 17) to the UNFCCC in Durban, South Africa, on 4 December 2011. The newsletter also features articles on REDD+ (reducing emissions from deforestation and forest degradation, conservation, sustainable management of forests and enhancement of carbon stock), forest governance and climate change.

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Event: International Workshop “Domestic Biogas Programmes in Asia; Transformation Towards Commercial Sectors and Development of Effective Financing Facilities” [viewed]

This workshop is co-organized by the Energy for All Partnership, the Asian Development Bank (ADB), Hivos/Indonesia Domestic Biogas Programme and SNV Netherlands Development Organisation. Its specific objectives are to: help prepare for the transformation of national biogas programmes to commercial biogas sectors during the period to 2016 by outlining a sector development plan by country, including pro-poor commercialization strategy; and to present and discuss the Asian Rural Biogas Facility as developed by the KfW bank and ADB in the framework of the Energy for All Partnership. The workshop will feature both plenary and parallel sessions, including a session on financing in the domestic biogas sector under the Clean Development Mechanism and non-compliance carbon market. On the second day, the Indonesia Domestic Biogas Programme will organize a field visit. A total of 120 persons are expected, consisting of delegations from 15 countries in Asia, representatives from the ADB and other potential external financiers and stakeholders from the Indonesia Domestic Biogas Programme. The workshop is also open to all interested stakeholders.  

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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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