Economics, Trade & Investment

UN Leadership Forum Discusses Private Sector Role in Climate Change Solution [viewed]

© UN22 September 2009: Organized by the UN Global Compact in collaboration with several UN organizations, the UN Leadership Forum brought chief executives together with Government leaders during a lunch event to hear how business would be part of the solution on climate change.

read more »

UNDESA Prepares Policy Briefs on Climate Change Topics [viewed]

© UN DESAAugust 2009: The UN Department of Economic and Social Affairs (UNDESA) has prepared a series of Policy Briefs on a range of topics related to climate change, including: the energy challenge; industrial policies to face climate and development challenges; financing mitigation and adaption; climate justice; approaches and resources for multidimensional climate change threats; and technology transfer climate change: Beyond TRIPS.

read more »

Long-Term Mitigation May Cost 0.1% of Average Global Annual GDP Growth - OECD [viewed]

© OECD18 September 2009: A new book titled The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012, launched by the Organisation of Economic Co-operation and Development (OECD), concludes that a full-fledged global carbon market would cost just one-tenth of a percent of average world annual GDP growth between 2012 and 2050 to achieve moderately ambitious climate targets. Put differently, this would mean a 4% reduction in GDP in 2050 compared to a scenario where no policy action is taken. Over the same period, world GDP growth is projected to grow by more than 250%.

read more »

ADB Creates Financing Facility for Energy Efficiency in Pakistan [viewed]

© ADB17 September 2009: The Asian Development Bank (ADB) is extending US$780 million to Pakistan through a financing facility for energy efficiency projects to secure the country's growing energy needs and reduce its reliance on costly, polluting fossil fuels.

read more »

EIB Funds Energy Efficiency in Italy [viewed]

17 September 2009: The European Investment Bank (EIB) is supporting Italy, through a US$200 million framework loan to Centrobanca, to finance small and medium-scale energy efficiency projects, hydroelectric, wind, photovoltaic and biomass plants.

read more »

UNEP FI and Investors Call for Strong Global Climate Change Treaty [viewed]

© UNEP16 September 2009: The International Investor Forum on Climate Change, the world's largest investor forum, co-convened by the United Nations Environment Programme Finance Initiative (UNEP FI), met in New York, US, on 16 September 2009.

read more »

World Bank's World Development Report Calls for Financial Assistance for Low Carbon Development [viewed]

© World Bank15 September 2009: The World Bank has launched “World Development Report 2010: Development and Climate Change.”

read more »

IDB Releases New Version of Biofuels Sustainability Scorecard [viewed]

© IDB11 September 2009: The Inter-American Development Bank (IDB) has released a new version of its Biofuels Sustainability Scorecard, which will enable users to better anticipate the impacts of potential biofuel projects on sensitive issues such as indigenous rights, carbon emissions from land use change, and food security.

read more »

World Bank Exceeds Target on Investments in Renewable Energy and Energy Efficiency [viewed]

© World Bank 10 September 2009: The World Bank Group's investments in renewable energy and energy efficiency projects and programs in developing countries rose 24% in the last fiscal year to reach US$3.3 billion.

read more »

GEF Publishes Booklet on its Efforts to Combat Land Degradation and Desertification Globally [viewed]

© GEF September 2009: The Global Environment Facility (GEF) has published a booklet portraying its activities to combat land degradation and desertification.

read more »