Economics, Trade & Investment

EU Funds Drought Response in Bolivia [viewed]

4 November 2010: The European Commission has allocated €1.5 million to provide humanitarian assistance to the most vulnerable people affected by droughts in the Bolivian region of Chaco, as well as measures reducing vulnerability in future droughts and enhancing the resilience of communities.

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IFC Presents Climate Risk Assessment Pilot Studies [viewed]

November 2010: The International Finance Corporation (IFC) published a report titled "Climate Risk and Business: Practical Methods for Assessing Risk," which aims to better understand gaps and barriers to climate risk analysis, test and develop risk evaluation methodologies, and identify possible adaptation responses and needs of the private sector.

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Event: ADBI-OECD Roundtable on Innovation for Balanced and Sustainable Growth [viewed]

This roundtable, organized by the Asian Development Bank Institute (ADBI) and the Organisation for Economic Co-operation and Development (OECD), will explore ways in which “developing Asian countries rebalance their economies towards domestic and regional demand.” Participants will consider emerging questions surrounding innovation, such as: innovation for balanced and sustainable growth; making innovation work for development; realizing local benefits of global value chains; and international cooperation for innovation, including technology transfer.  

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FCPF, FIP and UN-REDD to Streamline REDD+ Action [viewed]

6 November 2010: The governing bodies of the UN-REDD Programme and the World Bank's Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP) met in Washington DC, US, on 6 November, to discuss collaborative approaches for the three initiatives in implementing REDD+ (reducing emissions from deforestation and forest degradation in developing countries, and the role of conservation, sustainable use of forests and enhancement of carbon stocks).

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Final Report of High-Level Advisory Group on Climate Change Financing Released [viewed]

5 November 2010: UN Secretary-General Ban Ki-moon has received the final report of his High-Level Advisory Group on Climate Change Financing.

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All-Africa Energy Week Discusses Clean Energy for Sustainable Development [viewed]

5 November 2010: The first All-Africa Energy Week (AAEW) took place in Maputo, Mozambique, from 1-5 November 2010, on the theme "Energy Infrastructure and Services in the Context of Climate Challenges."

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UNEP African Carbon Asset Development Facility Announces Green Financing Projects [viewed]

4 November 2010: The African Carbon Asset Development Facility (ACAD), which is a partnership between the UN Environment Programme (UNEP) and its Risoe Center, the German Government and Standard Bank, has announced it will finance seven projects. The announcement was made at the Second African Bankers' Carbon Finance and Investment Forum, which convened in Johannesburg, South Africa, from 4-5 November 2010.

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EIB Funds Clean Energy in the Dominican Republic [viewed]

3 November 2010: The European Investment Bank (EIB) will provide US$37 million to finance high-voltage electricity transmission networks in the Dominican Republic, to enable power generated by new wind and hydroelectric power plants to be distributed across the country.

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Forest Carbon Partnership Facility Receives New Pledges [viewed]

2 November 2010: The Forest Carbon Partnership Facility, managed by the World Bank, recently held its Participants Assembly meeting, during which donor countries committed over US$100 million in new pledges.

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UNDP Releases Fourth Climate Change Adaptation Bulletin [viewed]

November 2010: The UN Development Programme (UNDP) has released the fourth issue of its Climate Change Adaptation Bulletin, a quarterly publication that provides an overview of the technical assistance to countries at the national, sub-national and community-level.

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