Economics, Trade & Investment

WEF Addresses Energy Poverty, Rio+20 [viewed]

30 January 2012: The World Economic Forum (WEF) held its annual meeting in Davos, Switzerland, from 25-29 January 2012, gathering industry, business, government and other world leaders to discuss current issues. UN Secretary-General Ban Ki-moon participated in two panels, on ending energy poverty and on the perspectives for the UN Conference on Sustainable Development (UNCSD, or Rio+20), warning “we cannot build a green economy on the backs of the poorest and most vulnerable people.”

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UK, Caribbean Countries Agree on Sustainable Growth Action Plan [viewed]

CARICOM23 January 2012: The seventh UK-Caribbean Ministerial Forum, which was organized under the theme "Sustainable Growth Toward Prosperity," concluded with the adoption of a 31-point action plan. The UK agreed to give the region 75 million pounds over four years for its implementation, with 4.9 million pounds earmarked for climate change work.

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GSP Report Calls for Making Social and Environmental Costs Transparent [viewed]

30 January 2012: The UN Secretary-General's High-level Panel on Global Sustainability (GSP) has released its final report, titled “Resilient People, Resilient Planet: A Future Worth Choosing.” The report's 56 recommendations seek to mainstream sustainable development into economic policy, by integrating social and environmental costs into pricing and measuring of economic activities.

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Davos Forum Debates Adaptation to Climate Risk [viewed]

26 January 2012: Participating in a session on Adapting to Climate Risk, held at the annual World Economic Forum, in Davos, Switzerland, Lord Nicholas Stern, Chair, Grantham Research Institute on Climate Change and the Environment, UK, noted that the world is heading towards a 3°C increase in global average temperature, and warned that this situation "will bring temperatures not seen for three million years, with unforeseeable consequences."

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GLOC Forwards Recommendations to IGR-3 [viewed]

24 January 2012: The Global Conference on Land-Ocean Connections (GLOC) took place immediately prior to the Third Intergovernmental Review (IGR-3) on the Implementation of the Global Programme of Action for the Protection of the Marine Environment from Land-Based Activities (GPA), in order to provide recommendations to the IGR-3.

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UNFCCC Launches Database of Private Sector-Led Adaptation Activities [viewed]

26 January 2012: The UNFCCC Secretariat has launched the Adaptation Private Sector Initiative database, a new online tool that showcases how businesses and communities can adapt to the inevitable effects of climate change. It features good practices and profitable climate change adaptation activities being undertaken by private companies (sometimes in partnership with NGOs or the public sector) from a wide range of regions and sectors.

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Davos Forum Panel Debates the Future of Oceans [viewed]

26 January: A panel on Oceans held at the World Economic Forum in Davos, Switzerland, was moderated by John Micklethwait, Editor-in-Chief of The Economist, addressed pressing challenges facing oceans in light of more than 1.5 billion people counting on fish for their daily protein source.

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Inter-agency Report Focuses on the Green Economy in Marine Sectors [viewed]

25 January 2012: An inter-agency report, titled "Green Economy in a Blue World," concludes that the ecological health and economic productivity of marine and coastal ecosystems can be enhanced from well-managed marine sectors.

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IFAD Supports Malawi's Efforts to Improve Food Security [viewed]

24 January 2012: The International Fund for Agricultural Development (IFAD) signed a loan worth US$22.85 million and a grant for US$22.85 to Malawi to address food security and poverty in six rural districts.

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Former UNFCCC Head Calls for Increased Public-Private Cooperation [viewed]

24 January 2012: Speaking at a hearing on Nordic leadership for climate change action, former UNFCCC Executive Secretary Yvo de Boer urged Nordic countries to take the lead towards a global solution. He stressed that "more cooperation between government and business is the only road ahead to save the climate."

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