Economics, Trade & Investment

Guest Article #87: Kenya and Morocco: Breaking a Trail to Step Up Affordable Green Power [viewed]

Africa is a continent that has achieved significant socioeconomic development during this century. The continent experienced an annual GDP growth of above 5% for the period 2001 – 2008[i] and, although impacted by the global financial crisis, it is expected to achieve GDP growth of 4.5% this year and 4.8% in 2013[ii]. The continent has also seen excellent progress toward achieving a number of MDGs[iii].

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ICAO Council Forms High-Level Group on Market-Based Measures, EU ETS "Stops the Clock" on Aviation [viewed]

15 November 2012: At the International Civil Aviation Organization (ICAO) Council meeting on 9 November 2012, Council members agreed to form a High-level Group to provide recommendations related to the feasibility of a global market-based measure (MBM) scheme for greenhouse gas emissions from international aviation and to develop a policy Framework to guide the general application of any proposed MBM for air transport activity.

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Global Compact, Accenture Release Reports on Business Opportunities for Sustainable Energy for All [viewed]

8 November 2012: The UN Global Compact and Accenture have released 19 sectoral reports within the theme of "Sustainable Energy for All: The Business Opportunity." The reports identify priority activities and challenges for businesses to support the UN Secretary-General's Sustainable Energy for All (SE4ALL) initiative.

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IEA Lauds Australia's Efforts for a Low-Carbon Economy [viewed]

IEA19 November 2012: The International Energy Agency (IEA) has released a new report, titled "Energy Policy of IEA Countries: Australia 2012," which lauds Australia's efforts to develop a low-carbon economy, and recommends further investments in education, monitoring and evaluation of progress, and energy efficiency.

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IDB Provides US$15 Million for Climate Change Mitigation in Mexico [viewed]

IDB15 November 2012: The Inter-American Development Bank (IDB), as the implementing partner for the Forest Investment Program (FIP), will provide US$15 million in financial and technical assistance to Mexico to mitigate greenhouse gas (GHG) emissions through reducing deforestation in five of the Mexican states with the greatest forest loss.

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UNFCCC Releases Green Climate Fund Report [viewed]

UNFCCC20 November 2012: The UNFCCC has released the Green Climate Fund (GCF) report. The report describes the GCF's activities between December 2011 and November 2012. An annex outlines the decisions taken by the Board.

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GSEP Energy Management System Pilot Project Improves Company's Energy Performance by 15% [viewed]

19 November 2012: The Clean Energy Ministerial has reported on the results of a pilot project of its Global Superior Energy Performance Partnership (GSEP) on the implementation of energy management systems, which resulted in a 15.2 percent energy performance improvement in the participating facility.

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EC Proposes One-Year Deferral of EU ETS International Aviation Compliance [viewed]

20 November 2012: The European Commission (EC) presented a legislative proposal to “stop the clock” on monitoring and reporting of aviation emissions for flights into and out of Europe, by deferring for one year the requirements under the EU Emissions Trading System (ETS) for airlines to surrender these emission allowances. Flights within Europe will continue to be covered by the regulation.

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CEM Newsletter Highlights Success of Clean Energy Solutions Center [viewed]

20 November 2012: The Clean Energy Ministerial (CEM) has released the fall 2012 issue of its newsletter, which highlights the success of its Clean Energy Solutions Center, the upcoming fourth Clean Energy Ministerial (CEM4), and past and upcoming events by several of its main initiatives.

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Investors Call on Governments to Avert Climate Change [viewed]

UNEP FI20 November 2012: The UN Environment Programme Finance Initiative (UNEP FI) has announced the release of an open letter from several of the world's largest investors to governments ahead of the UNFCCC negotiations scheduled to convene in Doha, Qatar, beginning on 26 November. The letter calls for a “new dialogue” on climate change policy to avert dangerous climate change and resulting economic impacts.

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