Economics, Trade & Investment

World Bank's 2009 Development Marketplace Grant Competition Launched [viewed]

Development Marketplace

23 March 2009: The World Bank has launched its annual Global Development Marketplace competition for seed grants.

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Recommendations by the Commission of Experts of the UNGA President on Reforms of the International Monetary and Financial System Address Nexus between Climate Change and the Economic Crisis [viewed]

19 March 2009: The UN General Assembly (UNGA) President has transmitted the recommendations of the Commission of Experts of the President of the UNGA on Reforms of the International Monetary and Financial System to UN member States. The recommendations will be addressed in an interactive thematic dialogue on “The World Financial and Economic Crisis and its Impact on Development,” which will convene from 25-27 March 2009, at UN Headquarters in New York, US.

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First GEF-5 Replenishment Meeting Convenes in Paris [viewed]

First GEF-5 Replenishment Meeting Convenes in Paris

18 March 2009: Thirty countries met in Paris, France, to discuss the fifth replenishment of the Global Environment Facility (GEF-5), with several calling for a substantial increase in the replenishment of the GEF. The First Meeting of Contributing Participants towards GEF-5 gathered prospective donors from developed and developing countries from 17-18 March 2009, to consider, inter alia, innovative sources of funding, including the possibility of obtaining carbon credits for GEF projects that mitigate greenhouse gas emissions.

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EBRD Publishes Green Investment Scheme Manual and Model Agreement [viewed]

European Bank for Reconstruction and Development

March 2009: The European Bank for Reconstruction and Development (EBRD), with financing from the Government of the Netherlands, has published a Green Investment Scheme (GIS) Manual and Model Agreement.

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GEF Releases Review of its Work on Sustainable Forest Management [viewed]

GEF Releases Review of its Work on Sustainable Forest Management

March 2009: The Global Environment Facility (GEF) has published a report titled “A New Climate for Forests: GEF Action on Sustainable Forest Management.” This report reviews: the GEF's work on sustainable forest management (SFM); projects and programmes related to SFM in the GEF's current portfolio; and potential roles for promotion of SMF through the GEF in the post-2012 climate regime.

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World Bank Meeting Considers Design of Forest Investment Program [viewed]

World Bank

6 March 2009: The second design meeting for the World Bank's Forest Investment Program (FIP), a part of its Climate Investment Framework (CIF), took place on 5-6 March 2009, in Washington DC, US.

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WIPO's IP Day to Focus on Green Innovation [viewed]

Intellectual Property Day 2009

March 2009: The World Intellectual Property Organization (WIPO) will focus its World Intellectual Property Day, to be celebrated on 26 April 2009, on promoting green innovation as the key to a secure future.

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World Bank Group Supports Renewable Energy Projects in Chile and Armenia [viewed]

International Finance Corporation (IFC)

February 2009: The International Finance Corporation (IFC), a member of the World Bank Group, is financing the construction of the Totoral Wind Farm, Chile's first-ever project-financed wind farm. In related news, the World Bank's Vice President for Europe and Central Asia approved a grant of US$1.5 million for the Armenia Geothermal Energy Development project funded under the Global Environment Facility's (GEF) Geothermal Energy Development Program (GeoFund).

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IDB Announces Energy Innovation Contest [viewed]

IDB Announces Energy Innovation Contest

27 February 2009: The Inter-American Development Bank (IDB) has announced a contest to finance proposals for promoting energy efficiency and access to renewable energy in Latin America and the Caribbean.

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World Bank Co-Organizing MENA Carbon Forum [viewed]

CFA- World Bank Co-Organizing MENA Carbon Forum

March 2009: The World Bank, in collaboration with the French Agency for Development, the Global Gas Flaring Reduction Initiative and the Egyptian Environmental Affairs Agency, is organizing the Middle East and North Africa (MENA) Carbon Forum, scheduled to convene from 6-7 May 2009, in Cairo, Egypt.

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