Economics, Trade & Investment

Regional Coordination Mechanism for Africa Concludes 11th Meeting [viewed]

18 November 2010: The 11th Regional Coordination Mechanism for Africa (RCM-Africa), which took place in Addis Ababa, Ethiopia, from 14-15 November 2010, has concluded its deliberations on the best approaches to coordinate efforts to support the African Union (AU) and its New Partnership for Africa's Development (NEPAD) programme.

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Investors Call for Action on Climate Change [viewed]

16 November 2010: Over 25o investors representing US$15 trillion have signed a statement calling on negotiators at the upcoming Cancun Climate Change Conference to take urgent action or risk severe economic disruptions.

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EIB Supports Climate-resilient Water Projects in Samoa [viewed]

17 November 2010: The European Investment Bank (EIB) will provide technical support for sustainable and climate-resilient water projects in Samoa. EIB support will target the rehabilitation and upgrade of independent water schemes in Samoa under a EUR 250,000 technical assistance programme, which will also ensure community participation and improve drinking water quality and climate resilience.

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UNEP FI Calls for Policies to Spur Private Investment in Low-carbon Growth [viewed]

16 November 2010: The UN Environment Programme Finance Initiative (UNEP FI) Climate Change Working Group, together with partners, have called for national and international policies that will spur private investment into low-carbon growth and protect the world economy from the worst impacts of climate change, in a statement issued in the lead-up to Cancun.

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ECLAC Seminar Evaluates Vulnerability of Rural Poor to Climate Change Impacts [viewed]

10 November 2010: A seminar on "Agriculture and Climate Change: Innovation, Policies and Institutions" warned that over 50% of the rural population in Latin America and the Caribbean is particularly vulnerable to the effects of climate change on agriculture.

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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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