Economics, Trade & Investment

Event: Climate Investment Funds Committee Meetings [viewed]

The Climate Investment Funds (CIF) Committees and Sub-committees are meeting to approve new projects under this financing framework. The CIF are a unique pair of financing instruments designed to support low-carbon and climate-resilient development through scaled-up financing channeled through the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB) and the World Bank Group.  

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Event: High-level Energy and Climate Change Advisory Group [viewed]

The UN Secretary-General's High-level Energy and Climate Change Advisory Group will focus on the potential of new public-private partnerships and other ways to support global goals on energy access and energy efficiency.  

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UNECE Project Explores Algae Biomass Production [viewed]

14 July 2010: The UN Economic Commission for Europe (UNECE) is providing assistance in identifying opportunities to introduce algae biomass production in the Russian Federation through a project on the development of sustainable biomass trade and export opportunities.

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Brazil-EU Summit Addresses Sustainable Development and Bioenergy [viewed]

14 July 2010: The fourth Brazil-EU Summit was held in Brasília, Brazil, on 14 July 2010, and attended by Brazilian President Luiz Inácio Lula da Silva, President of the European Council Herman Van Rompuy, and European Commission President José Manuel Barroso. The resulting joint statement contains a section titled “Sustainable development, climate change, energy and biodiversity.”

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Advisory Group on Climate Change Financing Holds Second Meeting [viewed]

13 July 2010: The High-level Advisory Group on Climate Change Financing, co-chaired by Prime Ministers Meles Zenawi (Ethiopia) and Jens Stoltenberg (Norway), held its second meeting on 12-13 July 2010, in New York, US.

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UNCTAD Secretary-General Joins High-level Advisory Group on Climate Change Financing [viewed]

13 July 2010: Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD), has accepted the UN Secretary-General's invitation to join his High-level Advisory Group on Climate Change Financing.

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World Bank Project Deploys 5.5 Million Energy Efficient Light Bulbs [viewed]

8 July 2010: The World Bank presented the first results of a project on energy efficiency lighting in Bangladesh, which achieved the record deployment of 5.5 million compact fluorescent lights (CFL) in one day.

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EIB Funds Low-Carbon Vehicle Engine Research at Ford [viewed]

12 July 2010: The European Investment Bank (EIB) will provide GBP 450 million to the car-maker Ford for the development of low-carbon emission diesel and petrol engines.

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WTO Negotiations on Environmental Goods and Services Continue [viewed]

1 July 2010: The World Trade Organization (WTO) negotiations on Environmental Goods and Services continued during a meeting of the Committee on Trade and Environment Special Session (CTE-SS), with proposals to include carbon capture and storage (CCS), natural gas and biofuels among environmental goods.

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EU Commission Prepares for Third Phase of EU ETS [viewed]

9 July 2010: The European Commission has adopted a decision determining for the first time a cap on the number of emission allowances that will be available under the EU Emissions Trading System (EU ETS) in 2013, the beginning of the third phase of the System covering the 2013-2020 trading period. It also launched a tool to estimate fuel consumption by small aircraft operators as part of their compliance with the EU ETS.

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