Economics, Trade & Investment

CIF Funds Forest Management in Burkina Faso [viewed]

AfDB13 November 2013: The African Development Bank (AfDB) has announced US$11.5 million of support for the Government of Burkina Faso under the Climate Investment Funds' (CIF) Forest Investment Program (FIP).

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UNFCCC Executive Secretary to Coal Industry: Transform and Diversify [viewed]

Christiana Figueres, UNFCCC Executive Secretary19 November 2013: Speaking to the International Coal and Climate Summit (ICCS), which met in Warsaw, Poland, from 18-19 November in parallel to the 19th session of the Conference of the Parties (COP 19) to the UN Framework Convention on Climate Change (UNFCCC), Christiana Figueres, UNFCCC Executive Secretary, said the coal industry “can and must radically transform and diversify” to avoid the worst impacts of climate change.

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Friends of Fossil-Fuel Subsidy Reform Highlight Role of Transparency During Event in Warsaw [viewed]

19nov-enbots-event719 November 2013: An interactive session on 'Reaping Emissions Reductions from Fossil-Fuel Subsidy Reform: Learning from Success Stories' was organized by Friends of Fossil-Fuel Subsidy Reform and the International Institute for Sustainable Development (IISD), on the sidelines of the Warsaw Climate Change Conference.

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UNEP's 'Africa Adaptation Gap' Report Estimates Costs in Face of 'Emissions Gap' [viewed]

UNEP19 November 2013: A report released by the UN Environment Programme (UNEP) reviews the financial and environmental costs that Africa will face if governments fail to close the ‘emissions gap' needed to keep warming below 2°C. The report, titled 'Africa's Adaptation Gap: Technical Report,' confirms the assessment of the World Bank's November 2012 report,  titled 'Turn Down the Heat,' that there is a 40 per cent chance global temperature will increase by 3.5-4°C if mitigation efforts are not stepped up.

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World Bank Report Discusses Building Climate Resilience [viewed]

World BankNovember 2013: Building climate resilience is critical to eliminate extreme poverty and achieve shared prosperity by 2030, according to a World Bank report titled ‘Building Resilience: Integrating Climate and Disaster Risk into Development.' The report presents the World Bank's experience in climate and disaster resilient development, including case studies on mainstreaming, risk identification, risk reduction, preparedness, financial and social protection, resilient reconstruction and costs, and aims to contribute to discussions on loss and damage.

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World Bank Announces $280 Million Sustainable Forest Landscapes Initiative [viewed]

World Bank20 November 2013: The World Bank has announced the launch of a US$280 million BioCarbon Fund Initiative, titled 'Sustainable Forest Landscapes,' to be funded by the Governments of Norway ($135 million), the United Kingdom ($120 million) and the United States ($25 million).

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IAEA Report Highlights Role of Nuclear Power in Mitigating Climate Change [viewed]

IAEA12 November 2013: The International Atomic Energy Agency (IAEA) has released a report, titled 'Climate Change and Nuclear Power 2013.'

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Global Business Day Discusses Big Ideas for Climate Action [viewed]

warsaw18 November 2013: The World Business Council for Sustainable Development (WBCSD) organized Climate Solutions in Action, the Global Business Day, in Warsaw, Poland on 18 November 2013, on the sidelines of the Warsaw Climate Change Conference.

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UN Secretary-General Stresses Importance of Climate Finance [viewed]

bankimoon-warsaw20 November 2013: Addressing a ministerial meeting on the sidelines of the Warsaw Climate Change Conference, UN Secretary-General Ban Ki-moon has underscored the importance of climate finance for addressing climate change, saying it can both fuel confidence in the negotiations and scale up action on the ground. In turn, a new climate agreement by 2015 will “do more than anything else to unlock the huge investment necessary" for adaptation and mitigation.

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IEA Ministerial Recognizes Role of Energy Sector Reform for Mitigation [viewed]

IEA20 November 2013: The International Energy Agency and six partner countries – Brazil, China, India, Indonesia, Russia and South Africa – have released a joint declaration announcing their intention to enhance cooperation. IEA Member Country Energy Ministers also released a statement on the importance of energy sector reform to mitigating impacts from climate change.

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