Economics, Trade & Investment

Event: 40th GEF Council Meeting [viewed]

The GEF Council functions as the main governing body of the GEF. Its 32 members meet twice a year, with each representing a group of countries (‘constituency') including both donors and recipients of GEF funding. GEF funding is channeled to several focal areas, namely: biological diversity, climate change, international waters, land degradation, ozone layer depletion and persistent organic pollutants.  

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UNIDO and Republic of Korea Cooperate on Technology Transfer Project [viewed]

28 December 2010: The UN Industrial Development Organization (UNIDO) and the Korea International Cooperation Agency (KOICA) have entered into an agreement to cooperate to facilitate the transfer of environmentally-sound technologies to Cambodia.

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European Commission Releases Communication on Carbon Market Oversight [viewed]

21 December 2010: The European Communication has released a communication on carbon market oversight, as a first step towards the possible formulation of a legislative proposal in 2011.

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Australia and CARICOM Discuss Fast-start Climate Finance [viewed]

18 December 2010: Representatives of the Caribbean Community (CARICOM) Secretariat and Australia met in Turkeyen, Guyana, on 17 December 2010, for the inaugural CARICOM-Australia High-level Meeting on the Development Assistance Partnership.

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Leading Group on Innovative Financing for Development Holds Eighth Meeting [viewed]

17 December 2010: The Eighth Plenary Meeting of the Leading Group on Innovative Financing for Development was held in Tokyo, Japan, from 16-17 December 2010, and was attended by over 180 representatives of 56 countries, 20 international organizations and 18 groups.

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UNEP Releases Report on Climate Financial Flows [viewed]

December 2010: The UN Environment Programme (UNEP) Climate Change Working Group for Bilateral Finance Institutions has released its annual report on climate change financial flows to developing countries titled: “Bilateral Finance Institutions and Climate Change: A Mapping of 2009 Climate Financial Flows to Developing Countries.”

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UNEP Releases Publication on Green Economy and Fiscal Reform [viewed]

December 2010: The UN Environment Programme (UNEP) has released a Green Economy publication titled “Driving a Green Economy Through Public Finance and Fiscal Policy Reform,” which prioritizes the need to reform environmentally harmful subsidies in the agriculture, energy, fisheries, forest and water sectors.

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Adaptation Fund Board Approves Funding for Two Projects [viewed]

15 December 2010: The Adaptation Fund Board concluded its 12th session in Cancun, Mexico, back-to-back with the Cancun Climate Change Conference. Board members approved funding for projects in Nicaragua and Pakistan, and for five concepts, from the Cook Islands, Ecuador, El Salvador, Georgia and the Maldives, for financing at its next session.

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UNEP Publishes Report on the Role of Ecosystems in Developing a Sustainable Economy [viewed]

15 December 2010: The UN Environment Programme has released the second issue of its Policy Series on Ecosystem Management. The newest issue, titled "The role of ecosystems in developing a sustainable ‘Green Economy,'" discusses how investments in ecosystems can result in benefits at the local and global levels, while at the same time enhancing people's livelihoods.

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UNEP Publication Outlines Green Economy Successes in Developing Countries [viewed]

December 2010: The UN Environment Programme (UNEP) has released a publication titled “Green Economy Successes in Developing Countries,” which includes eight examples of transitioning towards a green economy, drawn from developing countries.

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