Economics, Trade & Investment

GEF CEO Endorses Energy Efficiency Projects in Climate Change Focal Area [viewed]

February 2011: Monique Barbut, CEO of the Global Environment Facility (GEF), has endorsed several GEF projects with a strong focus on energy efficiency. CEO endorsement is the final step in GEF project cycle approval. 

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Event: CBD COP 11 [viewed]

The 11th meeting of the Conference of the Parties (COP 11) to the Convention on Biological Diversity (CBD) is organized by the CBD Secretariat. The High Level Segment will be held from 17-19 October 2012. The provisional agenda includes consideration of: the status of the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits arising from their Utilization; implementation of the Strategic Plan 2011-2020 and progress towards the Aichi Biodiversity Targets; issues related to financial resources and the financial mechanism; issues related to cooperation, outreach and the UN Decade on Biodiversity; operations of the Convention; Article 8(j) and related provisions; in-depth review of the programme of work on island biodiversity; ways and means to support ecosystem restoration; marine and coastal biodiversity; biodiversity and climate change; other substantive issues arising from COP 10 decisions, including dryland, forest, inland waters, mountain, and agricultural biodiversity, protected areas, sustainable use of biodiversity, the Global Strategy for Plant Conservation, biofuels and biodiversity, invasive alien species, the Global Taxonomy Initiative, incentive measures, and biodiversity and development; as well as administrative and budgetary matters.  

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UN Secretary-General Launches Global Compact LEAD [viewed]

28 January 2011: UN Secretary-General Ban Ki-moon and a group of chief executives launched "Global Compact LEAD," a new platform created by the UN Global Compact to enhance environmental, social and governance performance and set a new benchmark for corporate sustainability, at the World Economic Forum in Davos, Switzerland.

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IDB Paper Examines Impact of Deforestation Ban in Latin America [viewed]

28 January 2011: The Inter-American Development Bank (IDB) presented a discussion paper on the implications of a hypothetical complete ban on land clearing for agriculture in tropical areas of Latin America and the Caribbean, which underscores that the carbon market will not be sufficient to compensate the rural poor for lost income.

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UNEP, UNWTO Launch Global Partnership for Sustainable Tourism [viewed]

28 January 2011: The UN Environment Programme (UNEP) and the UN World Tourism Organization (UNWTO) launched the Global Partnership for Sustainable Tourism, which aims to influence policies on sustainable tourism, develop projects and provide a global platform for communication.

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UNDP, ESCWA and League of Arab States Launch Arab MDG Report 2010 [viewed]

December 2010: The UN Development Programme (UNDP), the UN Economic and Social Commission for Western Asia (ESCWA) and the League of Arab States have launched the "Third Arab Report on the Millennium Development Goals 2010 and the Impact of the Economic Crisis." 

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European Commission Calls for Regional Investments in Sustainable Growth [viewed]

27 January 2011: The European Commission has issued a Communication titled "Regional Policy Contributing to Sustainable Growth in Europe 2020," urging the use of EU regional policy funds to finance sustainable growth projects.

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Commonwealth High-level Meeting on Climate Finance Agrees on Concrete Steps [viewed]

26 January 2011: The Commonwealth High-level Meeting on Climate Finance, held from 23-25 January 2011, at Wiston House in Sussex, UK, resulted in an Outcome Document specifying action to enable Commonwealth members to access, manage and use climate funding.

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Transactions on EU Emission Trading System Suspended [viewed]

25 January 2011: The European Commission has suspended transactions, except for allocation and surrender of allowances, in all EU Emission Trading System (ETS) national registries from 19 January 2011 until at least 26 January 2011, due to recurring security breaches in national registries over the period December 2010-January 2011.

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World Bank and Republic of Korea Strengthen Partnership on Climate Change-Related Disasters [viewed]

24 January 2011: The World Bank signed a Memorandum of Understanding (MoU) with the Republic of Korea's National Emergency Management Agency (NEMA) to strengthen cooperation for disaster risk reduction (DRR) and climate change adaptation.

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