Economics, Trade & Investment

EIB Provides Financing Package for Smart Growth in Turkey [viewed]

4 July 2011: The European Investment Bank (EIB) has announced increased support for smart growth in Turkey with a EUR 445 million financing package for climate change and entrepreneurship, in support of the country's rail infrastructure, forest resources management, and small and medium enterprises (SMEs).

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Event: Renewable Energy Africa Conference & Expo [viewed]

This event provides Africa a platform for discussions and showcase of experiences on the challenges of rising energy demands and the actions needed to achieve a sustainable future for Africa. It is also a networking event for industry leaders, investors, experts, policymakers, scientists and researchers to discuss the innovations in the industry and to find suitable solutions for the existing challenges in the area.  

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Event: First Climate Change and Development for Africa Conference [viewed]

Organized by the United Nation's Economic Commission for Africa (UNECA) African Climate Policy Centre, the aim of this conference is to establish a forum for dialogue, enhance awareness raising, mobilize effective commitment and actions through bringing together policy makers, academicians and practicing stakeholders with the aim of effectively mainstreaming climate change concerns into development policies, strategies, programmes and practices in Africa. The conference will be divided into four main themes: climate science, data, information and service delivery; climate resilience development and adaptation; low carbon development in Africa; and economics and finance. Papers can be submitted in English or French until 30 July 2011, on technical, social, institutional, policy issues focusing on the conference themes to the e-mail listed below.  

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EU/SPC Climate Resilience Project to Help Pacific Island States [viewed]

18 July 2011: Pacific small island States most vulnerable to the impacts of climate change will benefit from a new climate resilience project worth EUR11.4 million, funded by the EU and implemented by the Secretariat of the Pacific Community (SPC) over the next four years, the SPC has announced.

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AfDB, Denmark Establish Sustainable Energy Fund for Africa [viewed]

15 July 2011: The African Development Bank (AfDB) and the Government of Denmark have entered into a technical cooperation agreement to establish a sustainable energy fund for Africa (SEFA). With a budget of US$57 million, the SEFA's objective is to provide technical capacity building and capital for investment to support sustainable energy provision for small and medium enterprises (SMEs) in Africa over a five-year period.

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PIFS, SPREP Coordinate "Writeshop" for Renewables and Desalination Projects [viewed]

14 July 2011:  The Pacific Islands Forum Secretariat (PIFS) and the Secretariat of the Pacific Regional Environment Programme (SPREP) coordinated a "writeshop" that aimed to help over 40 participants prepare proposals for the Pacific Environment Community (PEC) Fund and the Pacific Islands Greenhouse Gas Abatement through Renewable Energy Project (PIGGAREP).

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Green Climate Fund Transitional Committee Agrees on Work Plan [viewed]

UNFCCC14 July 2011: The second meeting of the Transitional Committee for the design of the Green Climate Fund (GCF) discussed the main objectives for the Fund, how it should be governed and how it could most effectively raise and deliver climate finance to developing countries.

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World Bank's Biocarbon Fund and Partners Develop REDD Methodology [viewed]

World Bank14 July 2011: The World Bank's BioCarbon Fund, the Brazilian NGO Fundação Amazonas Sustentável (FAS), with the technical support of Carbon Decision International (CDI), the Institute for Conservation and the Sustainable Development of Amazonas (Idesam), and with financial support from Marriott International, have jointly developed a methodology to allow projects in the voluntary market to calculate avoided emissions by reducing deforestation either on the edge (“frontier”) of large cleared areas, like agricultural zones, or in a patchwork (“mosaic”) within standing forests.

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UNCSD Secretary-General Outlines Eight Priorities for UNCSD [viewed]

13 July 2011: Sha Zukang, Under-Secretary-General for Economic and Social Affairs and Secretary-General of the UN Conference on Sustainable Development (UNCSD, or Rio+20), summarized his recent speech in Washington, DC, US, in a new post to his blog. He elaborated on eight “new and emerging challenges” that States and other stakeholders have highlighted for priority attention. The challenges include energy access, green jobs, sustainable agriculture, marine resources and financing.

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ADB Supports Biomass Waste Project for Clean Energy [viewed]

11 July 2011: The Asian Development Bank (ADB) Board of Directors has approved a project for regional technical assistance that will assist the Greater Mekong Subregion to increase the efficient use of biomass waste in agriculture to meet the need for clean energy and food security of poor rural communities.

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