Economics, Trade & Investment

World Bank Launches MultiCat Program to Insure Against Floods, Hurricanes and Wind Storms [viewed]

Worldbanklogo19 October 2009: The World Bank launched the MultiCat Program – a catastrophe bond issuance platform that gives governments and other public entities access to international capital markets to insure themselves against the risk of natural disasters. The types of events that may be insured are earthquakes, floods, hurricanes and other wind storms.

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World Bank Highlights Opportunities and Challenges for Adaptation in Agriculture [viewed]

agricultural-developmentAugust 2009: The World Bank published a report that identifies and summarizes potential climate change impacts on agriculture in the developing world, examines causes of vulnerability, and suggests where investments are needed to better climate-proof agriculture.

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2011 Environment for Europe Ministerial Conference to Address Green Economy [viewed]

2011 Environment for Europe Ministerial Conference to Address Green Economy27 October 2009: The Seventh “Environment for Europe” Ministerial Conference, to be held in autumn 2011 in Astana, Kazakhstan, will have two themes: “the sustainable management of water and water-related ecosystems” and “greening the economy: mainstreaming the environment into economic development.”

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UNEP Finance Initiative 2009 Global Roundtable Launches CDM Report [viewed]

© UNEP26 October 2009: The UN Environment Programme Finance Initiative (UNEP FI) convened its 2009 Global Roundtable in Cape Town, South Africa, from 22-23 October 2009. The meeting explored ways to achieve sustainable financial markets and economies and launched several reports.

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World Bank Finances Low Carbon Growth in Mexico, Publishes Study [viewed]

© The World Bank26 October 2009: A World Bank study on “Low-Carbon Development for Mexico” concluded that Mexico could reduce its carbon emissions by at least 42 percent (or 477 million tons) per year by 2030 without sacrificing economic development.

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UNEP Finance Initiative Launches Report on Low Carbon Growth in Developing Countries [viewed]

© UN26 October 2009: The United Nations Environment Programme Finance Initiative (UNEP FI) has released a report “Catalysing Low Carbon Growth in Developing Economies: public finance mechanisms to scale up private sector investment in climate solutions.”

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UNGA Second Committee Discusses Climate Change and Green Growth [viewed]

© UNGA26 October 2009: The Second Committee (Economic and Financial) of the UN General Assembly (UNGA) participated in a panel discussion on “Green growth and sustainable development” on 26 October 2009, focusing on how climate change mitigation can be supported by and contribute to economic growth. The event was organized by the UN Department of Economic and Social Affairs (UNDESA) under the auspices of the Second Committee.

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UNEP Finance Initiative Convenes 2009 Global Roundtable [viewed]

22 October 2009: The UN Environment Programme Finance Initiative (UNEP FI) is convening its 2009 Global Roundtable in Cape Town, South Africa, from 22-23 October 2009. The purpose of the meeting is to explore ways towards achieving sustainable financial markets and economies.

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THIRD GEF-5 REPLENISHMENT MEETING DISCUSSES ALLOCATIONS FOR FOCAL AREAS [viewed]

The third meeting for the fifth Global Environment Facility Replenishment (GEF-5) was held at the World Bank office in Paris, France, on 14-15 October 2009.

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Third GEF-5 Replenishment Meeting Discusses Allocations for Focal Areas [viewed]

© GEF15 October 2009: The third meeting of participants for the fifth Global Environment Facility (GEF-5) Replenishment convened at the World Bank office in Paris, France, from 14-15 October 2009.

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