Economics, Trade & Investment

ADB Report Highlights Effects of Climate Change on Asian Megacities [viewed]

22 October 2010: The Asian Development Bank (ADB) has released a report titled "Climate Risks and Adaptation in Asian Coastal Megacities," which highlights the impact of climate change on Bangkok, Ho Chi Minh City and Manila under a range of scenarios through 2050.

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IDB Launches MicroCarbon Development Fund [viewed]

21 October 2010: Through its Multilateral Investment Fund, the Inter-American Development Bank (IDB) has launched the MicroCarbon Development² Fund, which will invest in energy efficiency programmes to benefit lower income households, microenterprises, small companies and forest communities, while combating climate change.

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UNGA Second Committee Considers Poverty Issues [viewed]

21 October 2010: The Second Committee (Economic and Financial) of the UN General Assembly (UNGA) met on 21 October 2010, in New York, US, to consider the eradication of poverty and other development issues.

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UNECE Timber Committee Discusses Wood Energy and Carbon Markets [viewed]

19 October 2010: The Timber Committee of the UN Economic Commission for Europe (UNECE) met on 11-12 October 2010, in Geneva, Switzerland, to review the latest international developments affecting the forest sector.

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Final TEEB Report Highlights Economic Value of World's Natural Assets [viewed]

19 October 2010: The UN Environment Programme (UNEP)-based research consortium, The Economics of Ecosystems and Biodiversity (TEEB), has released its final report, "Mainstreaming the Economics of Nature: A synthesis of the approach, conclusions and recommendations of TEEB."

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World Bank Report 2010 Highlights Rise in Climate-Related Investments [viewed]

October 2010: The World Bank presented its Report 2010, which indicates that Bank support to low-carbon investments, including through the International Development Association (IDA) and Trust Funds, rose to US$3.9 billion this fiscal year, up from US$2.4 billion in fiscal 2009.

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UNEP and Partners Co-Organize Conference on Fossil Fuel Subsidy Reform [viewed]

14 October 2010: The Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) and the UN Environment Programme (UNEP) co-organized a conference titled "Increasing the Momentum of Fossil-Fuel Subsidy Reform: Developments and Opportunities," which took place from 14-15 October 2010, in Geneva, Switzerland.

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ADB Supports Establishment of the Asia Solar Energy Forum [viewed]

14  October 2010: The Asian Development Bank (ADB) will provide a US$2 million technical assistance grant to establish the Asia Solar Energy Forum, a knowledge sharing and communication platform for sector stakeholders to exchange information on how to accelerate and expand the use of solar power.

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ADB Finances Two Solar Power Plants in Thailand [viewed]

12 October 2010: The Asian Development Bank (ADB) is lending up to US$140 million to The Bangchak Petroleum Company Public Company Limited (BCP) to build two solar power plants, for a total of 38MW in central Thailand.

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World Bank Receives Pledge from Norway for Guyana REDD+ Investment Fund [viewed]

9 October 2010: Norway has pledged US$30 million to the Guyana REDD+ Investment Fund (GRIF), entrusted to the World Bank, with the aim of supporting Guyana's policies for limiting greenhouse gas (GHG) emissions from deforestation and forest degradation, and its progress in governance-related indicators.

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