Economics, Trade & Investment

European Commission Unveils Public Consultation Results on Environmental Financing [viewed]

26 May 2011: The European Commission has published the results of the online consultation on the future of LIFE+, the EU environmental funding tool. Respondents have expressed their views on the need for a specific financial instrument for the environment and climate action, on ways to boost its added value, and on the architecture of such an instrument in the next programming period.

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Event: UNITAR/WTI Course on Trade and Climate Change [viewed]

This course is organized by the UN Institute for Training and Research (UNITAR) and World Trade Institute (WTI) as part of their suite of joint e-Learning courses on international trade policy and regulation. The aim of the course is to explore key legal and economic issues arising from the climate change debate, including the relationship between the World Trade Organization (WTO) Agreement and multilateral environmental agreements (MEAs) that address climate change. It will also examine the legality under international trade rules, of domestic and international trade measures to reduce greenhouse gas (GHG) emissions and measures designed to influence the behavior of trading partners. The course will begin on 20 June, and continue until 15 July.  

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IDB Invests in Solar Energy in Brazil [viewed]

26 May 2011: The Inter-American Development (IDB) is supporting a solar project in Tauá, in Northeast Brazil, that will be the first ever large scale power generation project to connect a photovoltaic (PV) system into the national interconnected system in Brazil.

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GEF Council Adopts Decision to Broaden GEF Partnership, New Funds Pledged [viewed]

26 May 2011: The 40th meeting of the Global Environment Facility (GEF) Council has adopted a decision on broadening the GEF Partnership under Paragraph 28 of the GEF Instrument, which establishes criteria and accreditation procedures for allowing new entities into the Partnership during a pilot phase.

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Small Islands Exchange Lessons on Climate Change, DRR [viewed]

24 May 2011: Opening the conference titled “Lessons for Future Action: Climate Change Adaptation and Disaster Risk Reduction in Small Island States,” Tuilaepa Sailele Malielegaoi, Prime Minister of Samoa, urged participants to share lessons learnt on climate change and disaster risk management, so small island developing States (SIDS) can strategize for a better future in the face of climate change.

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EBRD Discussion Panel Addresses Promotion of Green Investments [viewed]

23 May 2011: The European Bank for Reconstruction and Development (EBRD) held a discussion panel titled "Weaving the Magic Carpet: How to Make Climate Finance Flow in the Region," which brought different perspectives on how to integrate climate finance to stimulate investments from the private sector in order to achieve a low-carbon future.

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GEF Marks 20th Anniversary [viewed]

23 May 2011: To mark the 20th anniversary of the Global Environment Facility (GEF), the GEF organized a gala reception on the eve of the 40th meeting of the GEF Council.

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UN Celebrates International Biodiversity Day [viewed]

23 May 2011: The International Day for Biological Diversity (IDB) was celebrated around the world on 22 May 2011 under the theme of forest biodiversity, as a contribution to 2011 – International Year of Forests.

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ADB Invests in Climate Change Technology Venture Capital Funds [viewed]

23 May 2011: The Asian Development Bank (ADB) is investing $60 million to set up three climate change venture capital funds, primarily engaged in markets in China and India.

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African Forum on Financing for Development Considers Accessing Climate Finance [viewed]

20 May 2011: The African Forum on Financing for Development, organized by the UN Economic Commission for Africa (UNECA) in collaboration with its development partners, focused on reviewing progress, examining key thematic issues relating to development finance in Africa, and proposing the way forward on issues relating to development finance for Africa.

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