Economics, Trade & Investment

UNFCCC Report Assesses CDM [viewed]

UNFCCC20 November 2012: The UNFCCC has published a report evaluating achievements under the Clean Development Mechanism (CDM). The report, titled "Benefits of the Clean Development Mechanism 2012," expands on a previous study, released in 2011, with an analysis of roughly 4,000 CDM projects in four areas: sustainable development, technology transfer, finance and regional distribution.

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G20 Ministers Discuss Green Growth, Climate and Disaster Risk Financing [viewed]

5 November 2012: The Group of 20 (G20) Finance Ministers and Central Bank Governors discussed progress on green growth, phaseout of fossil fuel subsidies, climate finance and disaster risk financing during a meeting from 4-5 November 2012, in Mexico City, Mexico. The Ministers and Governors assessed progress on a G20 mandate to promote growth and job creation and to address ongoing economic and financial challenges.

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IFAD Workshop on Aviation Biofuels Calls for Engaging Small Farmers [viewed]

22 November 2012: At the international workshop on Sustainable Pro-Poor Development of Aviation Biofuels, experts, policy makers and stakeholders examined the opportunities for biofuels to reduce greenhouse gas emissions from the aviation industry and create employment in rural communities. Panelists considered the food security implications of scaling up biofuel production.

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Investors Call on Governments to Avert Climate Change [viewed]

UNEP FI20 November 2012: The UN Environment Programme Finance Initiative (UNEP FI) has announced the release of an open letter from several of the world's largest investors to governments ahead of the UNFCCC negotiations scheduled to convene in Doha, Qatar, beginning on 26 November. The letter calls for a “new dialogue” on climate change policy to avert dangerous climate change and resulting economic impacts.

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EC Proposes One-Year Deferral of EU ETS International Aviation Compliance [viewed]

20 November 2012: The European Commission (EC) presented a legislative proposal to “stop the clock” on monitoring and reporting of aviation emissions for flights into and out of Europe, by deferring for one year the requirements under the EU Emissions Trading System (ETS) for airlines to surrender these emission allowances. Flights within Europe will continue to be covered by the regulation.

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CEM Newsletter Highlights Success of Clean Energy Solutions Center [viewed]

20 November 2012: The Clean Energy Ministerial (CEM) has released the fall 2012 issue of its newsletter, which highlights the success of its Clean Energy Solutions Center, the upcoming fourth Clean Energy Ministerial (CEM4), and past and upcoming events by several of its main initiatives.

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UNFCCC Releases Green Climate Fund Report [viewed]

UNFCCC20 November 2012: The UNFCCC has released the Green Climate Fund (GCF) report. The report describes the GCF's activities between December 2011 and November 2012. An annex outlines the decisions taken by the Board.

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IEA Lauds Australia's Efforts for a Low-Carbon Economy [viewed]

IEA19 November 2012: The International Energy Agency (IEA) has released a new report, titled "Energy Policy of IEA Countries: Australia 2012," which lauds Australia's efforts to develop a low-carbon economy, and recommends further investments in education, monitoring and evaluation of progress, and energy efficiency.

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GSEP Energy Management System Pilot Project Improves Company's Energy Performance by 15% [viewed]

19 November 2012: The Clean Energy Ministerial has reported on the results of a pilot project of its Global Superior Energy Performance Partnership (GSEP) on the implementation of energy management systems, which resulted in a 15.2 percent energy performance improvement in the participating facility.

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IDB Provides US$15 Million for Climate Change Mitigation in Mexico [viewed]

IDB15 November 2012: The Inter-American Development Bank (IDB), as the implementing partner for the Forest Investment Program (FIP), will provide US$15 million in financial and technical assistance to Mexico to mitigate greenhouse gas (GHG) emissions through reducing deforestation in five of the Mexican states with the greatest forest loss.

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