Economics, Trade & Investment

IFC's Post-2012 Carbon Facility Shows Private Sector Interest in Carbon Markets [viewed]

September 2011: The International Finance Corporation (IFC), part of the World Bank Group, reached full subscription of over US$200 million for its Post-2012 Carbon Facility, helping secure what is expected to be at least US$2 billion in low carbon growth across the developing world despite uncertain carbon market conditions.

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Event: Carbon Benefits Project Workshop [viewed]

The United Nations Environment Programme (UNEP) along with the Scientific and Technical Advisory Panel (STAP) to the Global Environment Facility (GEF) are organizing this workshop to showcase a set of methodologies and tools to measure, monitor and model carbon stock changes and greenhouse gas emissions in a standardized way.  

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US Launches Apps4Africa: Climate Challenge [viewed]

15 September 2011: As part of its engagement with emerging African partners in addressing the challenge of climate change, the US Department of State has announced the intention to sponsor “Apps4Africa: Climate Challenge,” a public diplomacy program comprised of three African regional competitions to address local climate change challenges through the use of mobile technology.

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EU Member States Endorse Procurement Agreements for ETS Phase 3 Allowance Auctions [viewed]

14 September 2011: EU Member States ave endorsed two draft agreements on the practical modalities for procuring the common auction platform and single auction monitor for phase 3 of the EU Emissions Trading System (EU ETS).

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OECD Paper Addresses How to Raise Support for Domestic Climate Change Mitigation Policies [viewed]

5 September 2011: The Organisation for Economic Co-operation and Development's (OECD) Economics Department has published a working paper entitled “The Political Economy of Climate Change Mitigation Policies: How to Build a Constituency to Address Global Warming?”

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IEA Presents Least-Cost Policy Measures for Mitigating Climate Change [viewed]

International Energy Agency (IEA)September 2011: The International Energy Agency (IEA) has published a new information paper titled “Summing up the parts: Combining Policy Instruments for Least-Cost Climate Mitigation Strategies.”

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ADB Funds Solar Power Project in India [viewed]

ADB13 September 2011: The Asian Development Bank (ADB) has approved a $100 million loan to finance a roll-out of new large-scale solar power facilities in Gujarat, India.

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IDB to Invest in Adaptation to Climate Change in the Caribbean [viewed]

IDB12 September 2011: The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) is investing US$1.5 million to launch an initiative that will help small and medium-sized enterprises in Jamaica, Barbados, the Bahamas and Belize to adopt business practices to minimize the impact of climate change on productive activities.

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42nd Pacific Island Forum Develops Communique and Joint Statement from Leaders and UN Secretary-General [viewed]

PIF9 September 2011: UN Secretary-General Ban Ki-moon attended the 42nd Pacific Islands Forum (PIF), where he engaged in an interactive dialogue with Forum leaders and released a joint statement with leaders. The 42nd PIF convened in Auckland, New Zealand, from 7-8 September 2011.

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IDB, Mexico Launch Sustainable Energy Technologies Contest [viewed]

IDB7 September 2011: Mexico and the Inter-American Development Bank (IDB), supported by the Government of the Republic of Korea, have announced a joint contest to fund applied research and technological development projects on sustainable energy, with a total prize of US$2.5 million.

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