Economics, Trade & Investment

EU Outlines Priorities for G20 Toronto Summit [viewed]

23 June 2010: The President of the European Commission, José Manuel Barroso, and the President of the European Council, Herman Van Rompuy, have sent a joint letter to the other leaders of the G20 outlining their thoughts on key agenda items of the G20 summit, to be held in Toronto, Canada, from 26-27 June 2010, including on climate change.

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African Economic Outlook 2010 Released [viewed]

17 June 2010: The “African Economic Outlook 2010,"  a joint publication of the Organisation for Economic Co-operation and Development (OECD) Development Centre, the African Development Bank (AfDB) and the UN Economic Commission for Africa (UNECA), has been released.

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Event: UNECE Timber Committee Market Discussions and Policy Forum [viewed]

The Timber Committee of the UN Economic Commission for Europe (UNECE) will gather governments, industry, research, non-governmental organizations and the media to review the latest international developments affecting the forest sector. Under the theme "Innovative Wood Products are the Future," discussion will address: wood energy, carbon markets and certified forest products markets, and the role of wood products in mitigating climate change.  

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APEC Energy Ministers Focus on Low-Carbon Energy Security [viewed]

19 June 2010: The ninth meeting of the Energy Ministers of the Asia-Pacific Economic Cooperation (APEC) convened in Fukui, Japan, on 19 June 2010, under the theme "Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable APEC," and agreed to improve energy efficiency and increase the clean energy supply in the APEC region.

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EIB and Others Promote Creation of Mediterranean Carbon Fund [viewed]

17 June 2010: The European Investment Bank (EIB) together with CDC Climat, the French Development Agency (AFD), PROPARCO, the Cassa depositi e prestiti (CDP) and KfW Bankengruppe, the German promotional bank, have joined forces to study and promote the creation of a Mediterranean Carbon Fund (MCF).

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IDB Supports Mexican Carbon Dioxide Certification System [viewed]

9 June 2010: The Inter-American Development Bank (IDB) approved a project to develop capabilities for carbon dioxide emissions certification in Mexico.

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ECLAC and AFD Sign Cooperation Agreement [viewed]

18 June 2010:  The Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, signed an agreement with the Executive Director for Operations of the French Development Agency (AFD), Jacques Moineville, for inter-institutional collaboration in areas such as climate change, sustainable cities, innovative instruments for financing for development tied to fiscal decentralization, and triangular cooperation.

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World Bank Outlines Brazil's Opportunities for Low-Carbon Growth [viewed]

17 June 2010: The World Bank has released a study titled "Brazil Low-Carbon Country Case Study," which finds that this country could reduce its gross greenhouse gas (GHG)  emissions by up to 37% between 2010 and 2030, while maintaining the development goals set out by the government for that period, and without negatively affecting growth or jobs.

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World Bank and CTF Support Wind Power in Egypt [viewed]

15 June 2010: The World Bank approved a US$220 million loan to support wind power development in Egypt, of which US$150 million is to be financed from the Clean Technology Fund (CTF).

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IEA and CSLF Release CCS Report [viewed]

14 June 2010: In preparation for the G8 Summit to be held in Muskoka, Canada, on 25-26 June 2010, the International Energy Agency (IEA) together with the Carbon Sequestration Leadership Forum (CSLF) have published a report titled “Carbon Capture and Storage: Progress and Next Steps.” The report follows up on the IEA's mandate from the 2005 G8 summit in Gleneagles to explore short term opportunities in carbon capture and storage (CCS).

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