Economics, Trade & Investment

AfDB Launches African Carbon Support Project [viewed]

8 November 2010: The African Development Bank (AfDB) launched a project designed to assist project developers in the continent in accessing carbon finance to ensure the commercial feasibility of their projects.

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GEF STAP Recommends Improved Monitoring of Eco-Certification Impacts on Environmental Indicators [viewed]

November 2010: The Scientific and Technical Advisory Panel (STAP) of the Global Environment Facility (GEF) published an advisory document on "Environmental Certification and the Global Environment Facility," summarizing the evidence base for eco-certification initiatives in generating global, national, regional and local environmental benefits, as well as evidence related to the socioeconomic impacts on participants.

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G20 Adopts Seoul Action Plan [viewed]

12 November 2010: Leaders of the Group of Twenty (G20) met in Seoul, Republic of Korea, on 11-12 November 2010 and adopted: a Leaders' Declaration; the Seoul Action Plan including a commitment to the Seoul Development Consensus for Shared Growth; and concrete measures summarized in a Multi-Year Action Plan on Development, focusing particularly on the development of infrastructure in developing countries.

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IDB and JBIC Sign MOU on Climate Cooperation in Latin America [viewed]

12 November 2010: The Inter-American Development Bank (IDB) and the Japan Bank for International Cooperation (JBIC) have signed a Memorandum of Understanding (MOU) to strengthen cooperation in projects aimed at reducing greenhouse gas (GHG) emissions in Latin America and the Caribbean.

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UNEP and German Government Support Low-Carbon Activities in India [viewed]

12 November 2010: The UN Environment Programme (UNEP) has announced a EUR2.49 million project funded by the German International Climate Initiative to support India's efforts in aligning transport growth with the country's climate change agenda.

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IDB Funds CARICOM Sustainable Energy Roadmap [viewed]

11 November 2010: The Inter-American Development Bank (IDB) has formalized a US$400,000 grant to pave the way for the preparation of the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS).

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CIF Meetings Approve Funding for Climate Resilience in Bangladesh, Tajikistan and Niger [viewed]

11 November 2010: The Climate Investment Funds (CIF) Pilot Program for Climate Resilience (PPCR) will provide US$50 million grants to the Governments of Bangladesh, Tajikistan and Niger to pilot climate resilience strategies and integrate climate risk into their economic plans.

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UN, World Bank Launch Report on the Economics of Disaster Prevention [viewed]

11 November 2010: The World Bank and the UN have released a joint report titled "Natural Hazards, UnNatural Disasters: The Economics of Effective Prevention," which analyzes disasters from an economics perspective.

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WTO Trade and Environment Committees Discuss Environmental Goods, Ecolabels and Transport [viewed]

9 November 2010: Three recent meetings on trade and environment held at World Trade Organization (WTO) headquarters have continued existing discussions on: the relationship between multilateral agreements and the WTO; the definition of environmental goods and ecolabels; and the challenges of controlling transport emissions from a trade perspective.

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IEA, OECD Release Paper on Investments in Energy Efficiency [viewed]

October 2010: The International Energy Agency (IEA) and Organisation for Economic Co-operation and Development (OECD) have released a working paper titled “Money Matters: Mitigating Risk to Spark Private Investments in Energy Efficiency.”

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