Economics, Trade & Investment

Green Climate Fund Transitional Committee Agrees on Work Plan [viewed]

UNFCCC14 July 2011: The second meeting of the Transitional Committee for the design of the Green Climate Fund (GCF) discussed the main objectives for the Fund, how it should be governed and how it could most effectively raise and deliver climate finance to developing countries.

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World Bank's Biocarbon Fund and Partners Develop REDD Methodology [viewed]

World Bank14 July 2011: The World Bank's BioCarbon Fund, the Brazilian NGO Fundação Amazonas Sustentável (FAS), with the technical support of Carbon Decision International (CDI), the Institute for Conservation and the Sustainable Development of Amazonas (Idesam), and with financial support from Marriott International, have jointly developed a methodology to allow projects in the voluntary market to calculate avoided emissions by reducing deforestation either on the edge (“frontier”) of large cleared areas, like agricultural zones, or in a patchwork (“mosaic”) within standing forests.

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UNCSD Secretary-General Outlines Eight Priorities for UNCSD [viewed]

13 July 2011: Sha Zukang, Under-Secretary-General for Economic and Social Affairs and Secretary-General of the UN Conference on Sustainable Development (UNCSD, or Rio+20), summarized his recent speech in Washington, DC, US, in a new post to his blog. He elaborated on eight “new and emerging challenges” that States and other stakeholders have highlighted for priority attention. The challenges include energy access, green jobs, sustainable agriculture, marine resources and financing.

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ADB Supports Biomass Waste Project for Clean Energy [viewed]

11 July 2011: The Asian Development Bank (ADB) Board of Directors has approved a project for regional technical assistance that will assist the Greater Mekong Subregion to increase the efficient use of biomass waste in agriculture to meet the need for clean energy and food security of poor rural communities.

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UN Secretary-General in Finland: Sustainable Development is UN's Top Priority [viewed]

15 July 2011: During his official visit to Finland, UN Secretary-General Ban Ki-moon met with President Tarja Halonen and called for greater attention to sustainable development, highlighting that climate change is a growing threat to people and economies worldwide.

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ESCWA, UNECE Meeting Addresses Transport Emissions Reductions [viewed]

5 July 2011: A meeting of regional and international experts on “Promoting Emissions Reductions in the Transport Sector” was convened by the UN Economic and Social Commission for Western Africa (ESCWA) and the UN Economic Commission for Europe (UNECE) Gas Centre from 5-6 July 2011, in Beirut, Lebanon, to discuss the transport sector's impact on climate change.

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WTO CTE Considers Carbon Border Adjustments and Carbon Footprint Schemes [viewed]

7 July 2011: The World Trade Organization's (WTO) Committee on Trade and Environment (CTE) met on 6 July 2011 to continue considering the consistency of carbon footprint schemes on international trade rules, as well as a proposal by Singapore related to carbon-related border tax adjustments (WT/CTE/W/248).

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UNEP Releases Report on Trends in Renewable Energy Investment [viewed]

7 July 2010: The UN Environment Programme (UNEP) has released a publication titled "Global Trends in Renewable Energy Investment 2011," prepared for UNEP by Bloomberg New Energy Finance. According to UNEP, investments in renewables reached US$211 billion globally in 2011.

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World Bank Building Earns LEED Gold Certification [viewed]

World Bank6 July 2011: Two World Bank Washington office buildings have earned the Leadership in Energy and Environmental Design (LEED) Gold Certification from the US Green Building Council, as a result of the implementation of green activities aimed at reducing its energy use and carrying out awareness raising campaigns.

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OECD Paper Surveys International Investment Agreements [viewed]

June 2011: The Organisation for Economic Co-operation and Development (OECD) has published a working paper titled “Environmental Concerns in International Investment Agreements - A Survey,” which establishes a statistical portrait of governments' investment treaty practices in 1,623 international investment agreements (IIAs).

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