Economics, Trade & Investment

Pre-COP 19 Meeting Focuses on Business Involvement, 2015 Agreement, Loss and Damage [viewed]

cop1910 October 2013: Over three days, 40 ministers and their representatives, UNFCCC Secretariat officials, the Co-chairs of Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP), the Subsidiary Body for Implementation (SBI) and the Subsidiary Body for Scientific and Technological Advice (SBSTA) and, for the first time, representatives of the business sector, gathered in Warsaw to present their views and discuss a number of issues ahead of the 19th session of the Conference of the Parties (COP 19) to the UNFCCC.

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Second Committee Discusses Development in General Debate [viewed]

UNGA11 October 2013: The UN General Assembly's (UNGA) Second Committee (Economic and Financial) conducted its General Debate for the 68th Session, held from 9-11 October 2013, in New York, US. Speakers addressed development issues of concern to their countries including in the context of attaining the Millennium Development Goals (MDGs) by 2015 and agreeing on the post-2015 development agenda. They also addressed issues of financing for development, poverty eradication, countries in special situations, and technology transfer, while outlining important issues for a sustainable development agenda. 

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AfDB Launches Green Bond Programme for Financing Climate Solutions [viewed]

AfDB11 October 2013: The African Development Bank (AfDB) has launched its inaugural Green Bond, which aims to provide funding for low-carbon and climate-resilient projects, focusing on, inter alia, programmes for sustainable energy and resilient landscapes. It furthers AfDB's aim to increase the use of public-private partnerships to meet development challenges.

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COMESA Receives US$100 Million to Support Adaptation and Mitigation [viewed]

ComesaOctober 2013: The Common Market for Eastern and Southern Africa (COMESA) Climate Initiative has announced that it has received US$100 million from development partners to support climate change adaptation and mitigation in the region, including climate proofing the Comprehensive Africa Agriculture Development Programme (CAADP) in the region.

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UN Secretary-General Calls for Greater Financial Investment in Climate Change [viewed]

idfc13 October 2013: Addressing the annual meeting of the International Development Finance Club in Washington D.C, US, UN Secretary-General Ban Ki-moon called for greater financial investment in climate change and stressed the role of the private sector. 

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OECD Report Analyzes Carbon Pricing and Climate Policies [viewed]

OECD9 October 2013: The Organisation for Economic Co-operation and Development (OECD) has released a policy paper, titled 'Climate and carbon: Aligning prices and policies,' which contains lessons learned from OECD analysis on carbon pricing and climate policies. The report recommends that governments gradually phase-out fossil fuel emissions and provide consistent signals to consumers, producers and investors.

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Budapest Water Summit Calls for a Water-related Post-2015 Goal [viewed]

budapest-water-summit11 October 2013: The Budapest Water Summit brought together participants representing governments, international organizations, civil society, academia and the private sector. The Summit discussed, in particular, the developments within and without the UN system on the development of water-related goals for the post-2015 development agenda.

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World Bank Assesses Strategies to Fund Post-2015 Development [viewed]

World BankOctober 2013: A report from the World Bank calls for an expansion of actors and instruments and greater aid effectiveness in order to fund development needs in the post-2015 era. 'Financing for Development Post-2015' argues that "the world is experiencing a growing mismatch between available financing and investment needs."

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EU Council Adopts Position Ahead of COP 19 [viewed]

EU flag14 October 2013: The Council of the EU adopted conclusions in preparation for the 19th session of the Conference of the Parties (COP 19) to the UNFCCC and the ninth session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP 9), which will take place in Warsaw, Poland, from 11-22 November 2013.

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Development Committee Endorses World Bank Group Strategy [viewed]

World Bank12 October 2013: On the occasion of the World Bank-International Monetary Fund (IMF) 2013 Annual Meeting, the Development Committee, which advises the two institutions, approved a new World Bank Group Strategy. The Strategy defines how the World Bank, the International Financial Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) should work together to deliver as ‘One World Bank Group.'

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