Economics, Trade & Investment

COP 17 Concludes with Adoption of the Durban Platform [viewed]

11 December 2011: After extended negotiations over the weekend, the UN Climate Change Conference in Durban, South Africa, concluded with the adoption of the "Durban Platform," a set of decisions that lay the ground for adopting a legal agreement on climate change as soon as possible, and no later than 2015.

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IISD Event Discusses Fossil Fuel Subsidy Reform [viewed]

7 December 2011: The Friends of Fossil Fuel Subsidy Reform group of countries and the International Institute for Sustainable Development's (IISD) Global Subsidies Initiative organized an event titled "The Missing Piece? Fossil Fuel Subsidy Reform and Climate Change," on the sidelines of the UN Climate Change Conference in Durban, South Africa.

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IDB Provides Climate Change and Financial Sector Funding to Trinidad and Tobago [viewed]

IDB5 December 2011: The Inter-American Development Bank (IDB) approved two loans for Trinidad and Tobago totaling US$130 million, including US$80 million for climate change measures and US$50 million to strengthen the financial sector.

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UNEP Climate Action Issue Focuses on Africa and Sustainable Cities [viewed]

7 December 2011: The UN Environment Programme (UNEP) has released the fifth edition of the Climate Action publication, intended to educate businesses, governments and NGOs on what they can do to reduce their carbon footprint and adapt to the impacts of climate change. This issue focuses on Africa and sustainable cities.

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Declaration of Intent on REDD+ in the Congo Basin Signed [viewed]

7 December 2011: The UN-REDD programme has announced the signing of a Declaration on Intent by seven central African countries, seven donor countries and the European Commission to scale up implementation of REDD+ (reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries). 

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UN Secretary-General Calls for Agreement on Green Climate Fund Design [viewed]

Ban Ki-moon, UN Secretary General7 December 2011: UN Secretary-General Ban Ki-moon has called on countries to show leadership and ensure that any remaining differences on the design of the Green Climate Fund are resolved in Durban, so the Fund can be launched. Stressing that the Fund “must not be an empty shell,” he urged industrialized countries to inject sufficient initial capital to allow the Fund to begin its work immediately. 

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UN Secretary General Calls for Support for REDD+ [viewed]

Ban Ki-moon, UN Secretary-General7 December 2011: Speaking at a side-event held during the UN Climate Change Conference in Durban, South Africa, UN Secretary General Ban Ki-moon called for support to REDD+ (reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries).

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CDM Bazaar Update Announces New 2012 Website [viewed]

5 December 2011: The UNFCCC Secretariat and the UN Environment Programme (UNEP) Risø Centre on Energy, Climate and Sustainable Development (URC) have published the latest Update of the Clean Development Mechanism (CDM) Bazaar, containing the latest CDM Bazaar news and a summary of the latest developments regarding the CDM and the CDM Programme of Activity (PoA) rules.

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IRENA, IISD Host Media Workshop on Energy Subsidies [viewed]

5 December 2011: The International Renewable Energy Agency (IRENA) and the International Institute for Sustainable Development (IISD) have organized a workshop for journalists on "Energy Subsidies: How Much is Being Spent, and to What Effect?" on the sidelines of the Durban Climate Change Conference.

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UNEP Releases Report on Women at the Frontline of Climate Change [viewed]

6 December 2011: The UN Environment Programme (UNEP) GRID Arendal has released a report titled “Women at the Frontline of Climate Change: Gender Risks and Hopes.” Released on the sidelines of the Durban Climate Change Conference, the report states that investing in low carbon, green technologies can strengthen climate change adaptation and improve women's livelihoods.

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