Economics, Trade & Investment

AfDB Launches Clean Energy Bond for Japanese Investors [viewed]

8 March 2010: The African Development Bank (AfDB) has issued a Clean Energy bond, denominated in New Zealand dollars, which will be offered to Japanese retail investors during the month of March.

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IMF Chief Proposes Green Fund to Address Climate-Related Shocks in Africa [viewed]

8 March 2010: Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), took part in a panel discussion at the Kenya International Conference Center in Nairobi, and addressed the twin challenges facing Africa: to revive strong growth and reinforce resilience to shocks, including those related to climate change.

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IFPRI Launches Project to Identify Approaches to Improve Agriculture in Developing Countries [viewed]

1 March 2010: The International Food Policy Research Institute's (IFPRI) new project, Global Futures for Agriculture, will evaluate promising technologies, investments and policy reforms to improve agricultural productivity and environmental sustainability in developing countries.

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GEF STAP Addresses Needs for Scientific and Technical Advice Arising from the Copenhagen Accord [viewed]

8 March 2010: The Global Environment Facility's Scientific and Technical Advisory Panel (GEF STAP) held an open meeting at the International Fund for Agricultural Development's (IFAD) headquarters in Rome, Italy, with representatives from GEF agencies, the GEF Secretariat, GEF Evaluation Office and Conventions, and observers from the GEF Council.

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CIF Partnership Documents Posted, Comments Sought on Lessons in Climate Investment Funds [viewed]

March 2010: Documents for the 2010 Climate Investment Funds (CIF) Partnership Forum, which will gather CIF stakeholders to share lessons learned from the CIF design process and from early implementation of CIF-funded programmes, have been posted online. Also available online is a draft document titled "Looking Ahead for Lessons in the Climate Investment Funds: Emerging Themes for Learning," which is open for comments.

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World Bank Announces First Large-Scale Forest CDM Project Registered in Africa [viewed]

3 March 2010: The World Bank has presented Africa's first large-scale forestry project to be registered under the Kyoto Protocol's Clean Development Mechanism (CDM). The announcement was made on the margins on the annual Africa Carbon Forum, which is taking place in Nairobi, Kenya, from 3-5 March 2010.

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World Bank Launches Book on Ecosystem-based Approaches to Climate Change [viewed]

2 March 2010: The World Bank has launched a book titled "Convenient Solutions to an Inconvenient Truth: Ecosystem-based Approaches to Climate Change," which features examples of World Bank projects applying ecosystem-based approaches.

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IMF Managing Director Proposes Insurance for Low Income Countries Against Effects of Climate Change [viewed]

26 February 2010: Speaking at the Annual Meeting of the Bretton Woods Committee, held in Washington DC, US, on 26 February 2010, Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), proposed to expand the IMF's role as a provider of insurance for low-income countries against global volatility and the effects of climate change.

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WTO Environmental Goods and Services Negotiations Focus on Climate-Friendly Products [viewed]

19 February 2010: The World Trade Organization (WTO) held a Special Session of the Committee on Trade and Environment (CTE-SS) to continue negotiations on the liberalization of environmental goods and services, and noted a renewed focus on liberalizing trade in climate-friendly products, such as solar energy-related parts and components, wind and hydro-electric energy and gas-turbines, natural gas and clean-diesel vehicles, and products used in Clean Development Mechanism (CDM) projects.

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UNEP's Governing Council/Global Ministerial Environment Forum Adopts Nusa Dua Declaration [viewed]

1 March 2010: Environment Ministers at the 11th Special Session of the Governing Council/Global Ministerial Environment Forum of the UN Environment Programme (UNEP), which was held from 24-26 February 2010, in Bali, Indonesia, adopted the Nusa Dua Declaration, in which they underscore the vital importance of biodiversity, the urgent need to combat climate change and the advantages gained from advancing towards a 'green economy.'

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