Economics, Trade & Investment

UNESCAP 66th Commission Session Adopts Incheon Declaration [viewed]

19 May 2010: The 66th Commission Session of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) convened from 13-19 May 2010, in Incheon, Republic of Korea. Representatives from 53 countries of the region and nine associate States discussed regional development policies, including green growth, and adopted the Incheon Declaration.

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GEF Launches Climate Change Evaluation Website [viewed]

20 May 2010: The Global Environment Facility Evaluation Office (GEFEO), in collaboration with the Swedish International Cooperation Agency (SIDA) and the Switzerland Federal Office for the Environment (FOEN), has launched a new website dedicated to the evaluation of climate change and international development projects and programmes.

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Fifth GEF Replenishment Negotiations Conclude [viewed]

The Global Environment Facility (GEF) finalized its Fifth Replenishment negotiations, with over 30 countries pledging US$4.25 billion to fund projects with global environmental benefits during the next four years.

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EC Launches Latin America Investment Facility [viewed]

18 May 2010: Jose Manual Barroso, President of the European Commission, launched the Latin America Investment Facility (LAIF), on the side lines of the VI EU-Latin America and Caribbean (LAC) Summit of Heads of State and Government Summit, which met in Madrid, Spain, on 18 May 2010.

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Event: Oslo Climate and Forest Conference [viewed]

This conference will seek to establish an interim partnership arrangement for reducing emissions from deforestation and forest degradation in developing countries conservation, sustainable forest management and enhancement of forest carbon stocks (REDD+). This partnership would aim to ensure rapid implementation of a global coordinated effort to preserve the world's tropical forests, in line with UNFCCC decisions.  

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UN-REDD, World Bank Respond to REDD+ Partnership Proposal [viewed]

12 May 2010: The UN-REDD Programme and the World Bank's Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP) have released a joint statement in response to a draft document released by the organizers of the meeting on the interim REDD+ (reducing emission from deforestation and forest degradation in developing countries, conservation, sustainable forest management and enhancement of forest carbon stocks) partnership, to be held in Oslo, Norway, on 27 May 2010.

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UNCSD PrepCom Begins Discussion of Green Economy and Sustainable Development Governance [viewed]

17 May 2010: The first Preparatory Committee (PrepCom) for the 2012 UN Conference on Sustainable Development (UNCSD or Rio+20) began its deliberations on the green economy and the institutional framework for sustainable development on 17 May 2010, at UN Headquarters in New York, US.

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Event: Second PrepCom for UN Conference on Sustainable Development (UNCSD) [viewed]

The UN General Assembly, in December 2009, adopted a resolution calling for a UN Conference on Sustainable Development (UNCSD) to be convened in Brazil in 2012 (also referred to as Rio+20). The resolution established the dates for the preparatory committees leading to the event, and indicates the event should be focused on: a green economy in the context of sustainable development and poverty eradication; and the institutional framework for sustainable development.  

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Event: V Latin American Carbon Forum [viewed]

The Latin American Carbon Forum is a regional platform established to promote knowledge and information sharing on the Clean Development Mechanism (CDM) while facilitating business-opportunity environments among main carbon market stakeholders. This Forum is organized by the UN Environment Programme (UNEP) Risøe Centre, the World Bank, the Latin American Energy Organization (OLADE), the UN Conference on Trade and Development (UNCTAD), the Inter-American Development Bank (IDB) and International Emissions Trading Association (IETA).  

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UNEP, World Bank Produce Guidebook on Forest Carbon Projects [viewed]

May 2010: The UN Environment Programme (UNEP), the World Bank's Carbon Finance Unit and others have published a guidebook titled "Bringing Forest Carbon Projects to the Market." The objective of the publication is to guide project developers and financial investors on developing and implementing profitable forestry projects in the carbon markets.

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