Economics, Trade & Investment

High Seas Conference Concludes with Paris Appeal [viewed]

11 April 2013: The "High Seas, Our Future!" conference, which took place in Paris, France, concluded with the launch of the "Paris Appeal for the High Seas" stressing the importance of governance of the high seas, in the run up to negotiations on this topic in 2014.

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Event: Seventh Pilot Program for Climate Resilience (PPCR) Meeting [viewed]

During the seventh meeting of pilot countries and regions participating in the Pilot Program for Climate Resilience (PPCR), participants will share updates regarding the implementation of the PPCR progress, mainly addressing monitoring and reporting, country coordination, stakeholder engagement, knowledge management, and private sector involvement. The event is organized in association with the Climate Investment Funds (CIF) Trust Fund Committee and Sub-Committee Meetings. PPCR pilots are expected to establish baselines and targets for core indicators by August 2013. The countries and regions participating in the PPCR are: Bangladesh, Bolivia, Cambodia, Mozambique, Nepal, Niger, Tajikistan, Yemen, Zambia, Caribbean region, Dominica, Grenada, Haiti, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Pacific region, Papua New Guinea, Samoa and Tonga.  

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Adaptation Fund Board Approves Direct Access Project in Argentina [viewed]

Adaptation Fund12 April 2013: At its 20th meeting, the Adaptation Fund Board approved a new project in Argentina to be implemented through the Fund's direct access mechanism, but was unable to make progress on three projects submitted by multilateral implementing entities (MIE) due to the Fund's limited resources.

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UNFCCC's Standing Committee on Finance Addresses GCF, Reviews Financial Mechanism [viewed]

UNFCCC3 April 2013: Party representatives and observers attending the third meeting of the Standing Committee on Finance (SCF) discussed: arrangements between the Conference of the Parties (COP) and the Green Climate Fund (GCF); the Forum of the SCF; the fifth Review of the Financial Mechanism; and the work programme on long-term finance.

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UNFCCC Calls for Examples of Climate Finance Innovations [viewed]

UNFCCC12 April 2013: The UNFCCC Secretariat has launched a call for inspiring, innovative, successful and motivational examples of financial innovations in the context of activities that mitigate greenhouse gas (GHG) emissions or help the poor and vulnerable adapt to the effects of climate change.

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IDB Approves US$50 Million Energy Efficiency Finance Facility [viewed]

IDB15 April 2013: The Inter-American Development Bank (IDB) approved US$50 million for the launch of the Energy Efficiency Finance Facility, which aims to finance companies investing in energy efficiency and self-supply renewable energy projects in Latin America and the Caribbean (LAC), by helping them to overcome financial barriers with small-scale loans to curb emissions.

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New Briefs Address Climate Change, Post-2015 Development Goals and Land Rights [viewed]

April 2013: The International Policy Centre for Inclusive Growth (IPC-IG) has released publications addressing issues central to the green economy and the development of post-2015 development goals, gender equity, land rights and agriculture in Southern Africa, Madagascar, Guatemala, Brazil, and Caribbean small island developing States (SIDS).

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TEEB for Business Lists 100 Top Environmental Externalities [viewed]

15 April 2013: The Economics of Ecosystems and Biodiversity Business Coalition (TEEB for Business) has released a report on environmental externalities of businesses, titled "Natural Capital at Risk – The Top 100 Externalities of Business.” The report concludes that the top 100 environmental externalities cost the world economy approximately US$7.3 trillion annually, around 13% of global economic output.

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Event: Fifth Africa Carbon Forum [viewed]

The Africa Carbon Forum is a trade fair and knowledge sharing platform for carbon investments in Africa, and will consider ways to promote access to low-carbon development in Africa. Participants will discuss the latest development in the carbon market and how the Clean Development Mechanism (CDM) and other mitigation mechanisms can be successful in Africa. The Forum aims to connect project developers and buyers of carbon credits through facilitation sessions. The Forum is co-organized by the Secretariat of the UN Framework Convention on Climate Change (UNFCCC), the UN Development Programme (UNDP), the UN Environment Programme (UNEP), the International Emissions Trading Association (IETA), the World Bank and the African Development Bank (AfDB). The event is also supported by the UN Conference on Trade and Development (UNCTAD) and the Government of Côte d'Ivoire.  

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Ministerial Meeting Discusses Scaling Up Climate Finance [viewed]

17 April 2013: Ministers and senior officials from over a dozen donor countries met in Washington, DC, US, on 10-11 April 2013, to discuss ways to meet the challenge of scaling up climate finance and low-carbon investment in developing countries.

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