Economics, Trade & Investment

Event: Transforming Transportation 2013 [viewed]

The World Bank and the World Resources Institute's (WRI) sustainable transport center, EMBARQ, will co-host the 10th annual "Transforming Transportation" event on sustainable transport. The 2013 agenda will discuss, inter alia: capitalizing on the multilateral development banks' $175 billion commitment for sustainable transport made during Rio+20; opportunities for sustainable transport in China, India and Latin America; integrating urban transport and development; improving transport health and safety in cities; and bringing shared bicycle solutions to scale in developing countries.  

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ICAO Council Forms High-Level Group on Market-Based Measures, EU ETS "Stops the Clock" on Aviation [viewed]

15 November 2012: At the International Civil Aviation Organization (ICAO) Council meeting on 9 November 2012, Council members agreed to form a High-level Group to provide recommendations related to the feasibility of a global market-based measure (MBM) scheme for greenhouse gas emissions from international aviation and to develop a policy Framework to guide the general application of any proposed MBM for air transport activity.

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Global Compact, Accenture Release Reports on Business Opportunities for Sustainable Energy for All [viewed]

8 November 2012: The UN Global Compact and Accenture have released 19 sectoral reports within the theme of "Sustainable Energy for All: The Business Opportunity." The reports identify priority activities and challenges for businesses to support the UN Secretary-General's Sustainable Energy for All (SE4ALL) initiative.

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Guest Article #87: Kenya and Morocco: Breaking a Trail to Step Up Affordable Green Power [viewed]

Africa is a continent that has achieved significant socioeconomic development during this century. The continent experienced an annual GDP growth of above 5% for the period 2001 – 2008[i] and, although impacted by the global financial crisis, it is expected to achieve GDP growth of 4.5% this year and 4.8% in 2013[ii]. The continent has also seen excellent progress toward achieving a number of MDGs[iii].

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GEF Council Approves Work Program with Ten Climate Change Projects/Programs [viewed]

15 November 2012: The 43rd Meeting of the Global Environment Facility (GEF) Council adopted a Work Program that amounts to US$174 million and benefits 63 countries. Ten of the projects and programs approved focus on climate change.

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Event: Integrated Approaches to Energy Technologies Workshop [viewed]

This regional workshop, organized by the Network of Expertise in Energy Technology (NEET) and hosted by China's Ministry for Science and Technology, will focus on integrated approaches to energy technologies. The workshop will consist of two sessions. The first one will be on energy security, economic growth and environmental protection, with a focus on sustainable supply, reducing greenhouse gas (GHG) emissions and socio-economic issues. The second session will be on creating the right policy frameworks, focusing on how guidelines and tools can be designed for policy makers to make communities more energy efficient, to reduce GHG emissions in transportation and to develop long-term strategies and plans.  

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Dry Lands Conference Focuses on Links Among Climate Change, Food Security and Water Management [viewed]

15 November 2012: The International Conference on Food Security in Dry Lands aimed to develop recommendations in areas related to policy strategies and investments to boost agricultural production, enhance food security and increase resilience to price shocks. Conference participants focused on issues related to food security, water management and responsible investment.

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European Commission Study Outlines Options for a New UNFCCC Market Mechanism [viewed]

14 November 2012: The European Commission has released a study of design options for the new market mechanism (NMM) defined in the outcomes of the Durban Climate Conference, which took place in December 2011, under the UN Framework Convention on Climate Change (UNFCCC).

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European Commission Presents Options on EUETS Reform [viewed]

14 November 2012: The European Commission has presented options for reforming the EU Emissions Trading System (EUETS) to resolve the problem of supply-demand imbalances of emission allowances. The proposal calls for back-loading auction volumes in 2013 to reduce the allowance surpluses that have accrued during the economic crisis, and launching a debate on structural reform measures.

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European Council Adopts Conclusions on Climate Finance [viewed]

13 November 2012: The European Council adopted conclusions on climate finance during the 3198th meeting of the Economic and Financial Affairs Council. The Council confirmed contribution to date of €7.1 billion by the EU to meet its fast start finance (FSF) commitments under the UN Framework Convention on Climate Change (UNFCCC).

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