Economics, Trade & Investment

European Commission Study Outlines Options for a New UNFCCC Market Mechanism [viewed]

14 November 2012: The European Commission has released a study of design options for the new market mechanism (NMM) defined in the outcomes of the Durban Climate Conference, which took place in December 2011, under the UN Framework Convention on Climate Change (UNFCCC).

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European Commission Presents Options on EUETS Reform [viewed]

14 November 2012: The European Commission has presented options for reforming the EU Emissions Trading System (EUETS) to resolve the problem of supply-demand imbalances of emission allowances. The proposal calls for back-loading auction volumes in 2013 to reduce the allowance surpluses that have accrued during the economic crisis, and launching a debate on structural reform measures.

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European Council Adopts Conclusions on Climate Finance [viewed]

13 November 2012: The European Council adopted conclusions on climate finance during the 3198th meeting of the Economic and Financial Affairs Council. The Council confirmed contribution to date of €7.1 billion by the EU to meet its fast start finance (FSF) commitments under the UN Framework Convention on Climate Change (UNFCCC).

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ADB Releases Evaluation of Disaster Support [viewed]

ADB13 November 2012: The Asian Development Bank (ADB) has released an independent evaluation study titled “Special Evaluation Study on ADB's Response to Natural Disasters and Disaster Risks,” which reviews the Bank's disaster-related projects and programmes, and explores ways to improve ADB operations in the natural disaster management cycle. 

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UNEP Risø Supports Pacific Island Country Participation in Carbon Expo [viewed]

UNEP Risoe12 November 2012: The UN Environment Programme (UNEP) Risø Centre supported the participation of 12 representatives from Pacific island countries in the Carbon Expo Australasia 2012, which took place from 7-9 November 2012, in Melbourne, Australia. According to the Risø Centre, representatives from Fiji, Papua New Guinea, Samoa, Solomon Islands, Tonga and Vanuatu attended the Expo.

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IEA Announces Business Dialogues and Policies Database on Energy Systems Resilience [viewed]

IEA8 November 2012: The International Energy Agency (IEA) has reported on exploratory discussions with a group of companies from the energy and manufacturing sectors on the impact of climate change on energy systems, and announced new initiatives to support energy systems resilience.

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Asia-Pacific Water Forum Releases Principles on Water and Climate Change Adaptation [viewed]

November 2012: The Asia-Pacific Water Forum has released the “Framework Document on Water and Climate Change Adaptation” in collaboration with the Asian Development Bank (ADB), the World Bank and Japan International Cooperation Agency (JICA). The Framework provides information and guidance on climate change adaptation and water resources management for policy makers and leaders in the Asia-Pacific Region.

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World Bank Report Highlights Importance of Africa's Forests and Woodlands [viewed]

World Bank10 November 2012: The World Bank has released a special report, "Forests, trees, and woodlands in Africa: an action plan for World Bank engagement," highlighting the importance of Africa's forests for economic growth and development, and as providers of key ecosystem services supporting livelihoods and increased resilience to climate change. 

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UNEP Frankfurt School Publishes Inaugural Newsletter on Climate and Sustainable Energy [viewed]

1 November 2012: The Frankfurt School - UN Environment Programme (UNEP) Collaborating Centre for Climate and Sustainable Energy has released its inaugural newsletter. The newsletter includes articles on: the Sustainable Energy and Energy Efficiency Intermediary Loan Programme; sustainable energy planning activities in Eastern Europe and the Southern Caucasus; and the German-funded Finance for Access to Clean Energy Technologies (FACET) project.

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World Energy Outlook 2012 Calls for Increased Subsidies to Halve Energy Demand Through Efficiency [viewed]

IEA12 November 2012: The International Energy Agency (IEA) has released the 2012 edition of the World Energy Outlook (WEO). The report calls for continued subsidies to support the increased deployment of renewable energy sources. It also urges coordinated policy efforts in support of energy efficiency measures, to reduce global energy demand and limit global temperature increases to two degrees Celsius.

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