Economics, Trade & Investment

UN-REDD Approves Funding for REDD+ in Ecuador [viewed]

23 March 2011: The UN-REDD Programme Policy Board has agreed, among other things, to approve US$4 million in funding for Ecuador's National Programme for REDD+ (reducing emissions from deforestation and forest degradation in developing countries, as well as the role of conservation, sustainable management of forests and enhancement of carbon stocks).

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UNEP, Frankfurt School Launch Centre for Climate and Sustainable Energy Finance [viewed]

March 2011: The UN Environment Programme (UNEP) and the Frankfurt School of Finance and Management have partnered to create the Collaborating Centre for Climate and Sustainable Energy Finance, which aims to facilitate structural changes in energy supply and use around the globe.

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World Bank Approves GEF Grant for Energy Efficiency Programme in China [viewed]

22 March 2011: The World Bank approved a US$13.4 million grant from the Global Environment Facility (GEF) to provide technical assistance and capacity building to improve the quality and sustainability of energy efficiency programmes in three Chinese provinces.

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UNIDO, Republic of Korea Collaborate on Green Growth and Low-Carbon Industrial Development [viewed]

22 March 2011: The UN Industrial Development Organization (UNIDO) and the Ministry of Knowledge Economy of the Republic of Korea have signed an agreement to strengthen cooperation and identify joint projects and activities in the fields of green growth technology and low-carbon industrial development.

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UNFCCC Receives Submissions on Market and Non-Market Mechanisms [viewed]

21 March 2011: The UNFCCC Secretariat has received 19 submissions (FCCC/AWGLCA/2011/MISC.2) from parties on their views on matters relating to the establishment of one or more market-based mechanisms to enhance the cost-effectiveness of, and to promote, mitigation actions.

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GEF Amazon Project Delivers Biodiversity and Climate Change Benefits [viewed]

14 March 2011: The Global Environment Facility (GEF) is funding the second phase of the Amazon Region Protected Areas Project (ARPA), further to a successful first phase that allowed the designation of 24 million hectares as new protected areas and consolidated or established management and enforcement systems for over eight million hectares of the new protected areas.

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IDB Funds Geothermal Volcano Energy [viewed]

9 March 2011: The Inter-American Development Bank (IDB) is providing a US$30.3 million loan to expand geothermal energy provision in Nicaragua to use the country's volcanoes as sources of clean energy for 1/12 of the households in the country.

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UNCTAD Releases Paper on Food Security and Climate Change in Developing Countries [viewed]

February 2011: The UN Conference on Trade and Development (UNCTAD) has released a discussion paper titled "Assuring Food Security in Developing Countries under the Challenges of Climate Change: Key Trade and Development Issues of a Fundamental Transformation of Agriculture."

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World Bank Outlines Green Growth Strategy for China [viewed]

20 March 2011: Speaking at the China Development Forum held in Beijing, China, Sri Mulyani Indrawati, World Bank Managing Director, analyzed China's macroconomic situation, highlighting that the country is "taking on issues of global importance such as climate change."

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SPREP Convenes Pacific Climate Change Roundtable [viewed]

18 March 2011: The Secretariat of the Pacific Regional Environment Programme (SPREP) convened the Pacific Climate Change Roundtable (PCCR) from 14-18 March in Alofi, Niue. Delegates discussed the establishment of a Pacific climate change fund that would be coordinated at the regional level but operated at the national level.

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