Economics, Trade & Investment

EU Finance Ministers Adopt Conclusions on Fast-start Climate Finance [viewed]

8 November 2011: EU Finance Ministers meeting in Brussels, Belgium, on 8 November 2011, adopted conclusions on climate finance. They stressed the importance of fast-start finance for the swift implementation of the Cancun Agreements and endorsed the final report on finance provided by the EU and its member States to be presented at the Climate Change Conference in Durban, South Africa, at the end of 2011.

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EBRD and GGRF to Combat Gas Flaring in the Russian Federation and Central Asia [viewed]

8 November 2011: The European Bank for Reconstruction and Development (EBRD) and the World Bank-led Global Gas Flaring Reduction partnership (GGFR) will help governments in Azerbaijan, Kazakhstan, the Russian Federation and Turkmenistan introduce energy efficiency measures and environmental standards in oil and gas operations.

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IFPRI Study Confirms Concerns over Land-use Change Effects of EU Biofuel Policies [viewed]

4 November 2011: A new study by the International Food Policy Research Institute (IFPRI), a centre of the Consultative Group on International Agricultural Research (CGIAR), analyzes the question of indirect land-use change (ILUC) in relation to the EU's Renewable Energy Directive. It finds that ILUC issues are a valid concern, but that the impact depends on the type of feedstock crop used as well as other factors such liberalization of international trade in biofuels.

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G20 Cannes Summit Calls for Fossil Fuel Subsidy Phase-out and Successful Climate Negotiations [viewed]

G204 November 2011: The Group of 20 (G20) Leader's Summit in Cannes concluded with the adoption of a declaration that addresses energy markets, green growth, and climate change, among other issues. Leaders called for rationalizing and phasing-out perverse fossil fuel subsidies, and reiterated their committment to a successful outcome at the upcoming 17th session of the Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change (UNFCCC), scheduled to take place in Durban, South Africa, at the end of the year.

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CIF Meeting Approves Support to Eight Countries to Address Climate Change [viewed]

4 November 2011: The Climate Investment Funds (CIF) approved US$1.08 billion in near-zero-interest loans and grants to support Bolivia, Honduras, India, Jamaica, Lao PDR, Mali, Mexico and Nepal in their efforts to mitigate and adapt to climate change.

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IFAD, WFP Issue Weather Index-based Insurance Guide [viewed]

7 November 2011: The International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) have released a guide titled "Weather Index-based Insurance in Agricultural Development: A Technical Guide for Practitioners to Help Mange Weather Risks." The guide has emerged from the Weather Risk Management Facility (WRMF), a joint programme between IFAD and WFP, sponsored by the Bill and Melinda Gates Foundation.  

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UNGA Second Committee Highlights Challenges of Climate Change and Desertification, Looks Ahead to Rio+20 [viewed]

3 November 2011: The Second Committee (Economic and Financial) of the UN General Assembly (UNGA) concluded its general discussion on sustainable development, with a number of speakers referring to the challenges of drought, desertification, climate change and land degradation. Delegates also looked ahead to the UN Conference on Sustainable Development (UNCSD, or Rio+20), expressing support and some reservations about the “green economy.”  

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ILRI Documents Index-based Livestock Insurance for African Herders [viewed]

26 October 2011: The International Livestock Research Institute (ILRI) has released two short films on livestock insurance for Kenyan pastoralists.

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OECD Brief Analyzes Car Scrapping Schemes [viewed]

October 2011: The Organisation for Economic Co-operation and Development's (OECD) International Transport Forum (ITF) has published a policy brief titled “Do car scrapping schemes help the environment and increase safety?”

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2011 Human Development Report Focuses on Sustainability and Equity [viewed]

2 November 2011: The 2011 Human Development Report, titled "Sustainability and Equity: A Better Future for All,” highlights that equity and sustainability are inextricably linked. It notes that, if bold actions are not taken, environmental damage, including climate change effects, can slow or reverse development progress made in recent years. 

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