Economics, Trade & Investment

Indonesia Receives CTF Funding [viewed]

16 March 2010: The Trust Fund Committee of the Clean Technology Fund (CTF), which  met on 15 March 2009, in Manila, the Philippines, endorsed US$400 million in funding for Indonesia's geothermal power sector to meet the Government's goal of reducing greenhouse gas (GHG) emissions by 26% by 2020.

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GEF Replenishment Negotiations Continue [viewed]

14 March 2010: The Global Environment Facility (GEF) convened a meeting to discuss the fifth replenishment of its Trust Fund, during which participants considered replenishment options between US$3.6-4.6 billion for the period 2010-2014.

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International Conference on Major Forest Basins Discusses REDD+ Funding [viewed]

12 March 2010: The International Conference on the Major Forest Basins, which took place in Paris, France, on 11 March 2010, discussed funding for REDD+ (reducing emissions from deforestation and forest degradation in developing countries, plus conservation, sustainable management of forests, and stock enhancement) activities during 2010-2012.

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UNWTO Secretary General Urges Tourism Sector to Take Part in the Green Economy [viewed]

9 March 2010: In an opening speach to the ITB Travel Trade Show, which is convening in Berlin, Germany, from 10-14 March 2010, UN World Tourism Organization (UNWTO) Secretary-General Taleb Rifai urged the tourism sector to ensure that global policies are supportive of the sustainable growth of tourism.

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Poverty Environment Partnership Meeting Addresses Climate and Environment Mainstreaming [viewed]

8 March 2010: The 15th meeting of the Poverty Environment Partnership (PEP 15), which took place from 1-5 March 2010, in Lilongwe, Malawi, convened under the theme “Climate and Environment Mainstreaming and the Green Economy to Achieve the Millennium Development Goals.”

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Event: Inter-American Development Bank (IDB) Annual Meeting [viewed]

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Chile and European Investment Bank Sign Agreement for Climate Financing [viewed]

9 March 2010: European Investment Bank (EIB) Vice-President Carlos da Silva Costa and Chile's Ambassador to the EU, Carlos Appelgren, have signed a framework agreement that aims to foster sustainable growth through the financing of investment projects of mutual interest that, inter alia, support climate change mitigation policies.

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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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