Economics, Trade & Investment

World Bank Supports the Strengthening of Mexico's Social Resilience [viewed]

World Bank1 March 2012: The World Bank has approved a US$300.75 million loan to strengthen Mexico's social resilience to extreme situations, in particular those caused by climate change. The development policy loan promotes state-level climate change action planning, disaster risk reduction (DRR), and the implementation of land development activities, especially at the municipal level, as well as community-level sustainable forest management (SFM). This is the first World Bank programme that focuses on reducing the social impact from climate change effects.

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TNA Project Organizes Capacity Building Workshop on Technology Action Plans in Africa [viewed]

17 February 2012: The Technology Needs Assessment (TNA) Project, which is implemented by the UN Environment Programme (UNEP) and the UNEP Risoe Centre (URC) on Energy, Climate and Sustainable Development, held the second Regional Capacity Building Workshop in Africa, under the theme “Barrier Analysis, Enabling Environment, and Development of Technology Actions Plans.” 

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World Bank Institute Trains South-East European Professionals in Energy Efficiency [viewed]

28 February 2012: The World Bank Institute (WBI) has organized courses aimed to educate architects, constructors and energy auditors on improving energy efficiency in South-East Europe to mitigate the effects of climate change by reducing greenhouse gas emissions.

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IFC Invests in Hydropower and Gas Company in Indonesia [viewed]

24 February 2012: The IFC (International Finance Corporation), a member of the World Bank Group, acquired 11% of an independent hydroelectric sources and gas producer in Indonesia, as a means to provide cleaner electricity to over 2 million people in Indonesia by 2016.

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Event: IDB Seminar on Emerging Sustainable Cities [viewed]

The Inter-American Development Bank (IDB) is organizing a "Seminar on Emerging Sustainable Cities: From Diagnostics to Action" on the side of its annual meeting. The event will feature sessions on: the review of the Emerging Sustainable Cities Initiative; climate change and cities; and governance and climate change.  

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G20 Finance Ministers and Chancellors Discuss Green Growth [viewed]

G-2026 February 2012: Two meetings of the Group of Twenty (G-20) were held during the month of February and addressed climate change and green growth. One gathered finance ministers and central bank governors, and the second brought together secretaries of state and chancellors.

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Nordic Council of Ministers Report Finds High Risk of Carbon Leakage [viewed]

28 February 2012: The Nordic Council of Ministers has released a report, titled “Carbon Leakage from a Nordic Perspective," that finds a high risk of carbon leakage, which occurs when industries move from countries with strict regulations to those with less rigorous approaches to addressing climate change.

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EU Commissioner for Climate Action Calls for Redefining the Concept of Growth [viewed]

EU27 February 2012: In an article titled “Let's All Grow Sustainably,” published by the European Commission, Connie Hedegaard, EU Commissioner for Climate Action and a member of the UN High-Level Panel on Global Sustainability, stresses the need to redfine the concept of growth, including by tackling climate change, as part of a new sustainable growth model.

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EIB, Caribbean Development Bank Launch Climate Action Lending Programme [viewed]

24 February 2012: The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) agreed the details of a US$65 million dedicated Climate Action lending and technical assistance programme funded by the EIB for the 18 CDB member countries.

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CDEMA Launches Sub-Regional Consultations of Caribbean Disaster Management Officials [viewed]

Caribbean Disaster Emergency Management Agency (CDEMA)14 February 2012: The Caribbean Disaster Emergency Management Agency (CDEMA) has begun the second annual round of consultations among senior government officials in each of its four Sub-regions.

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