Economics, Trade & Investment

UNEP Gathers Leaders to Shape UN Green Economy Initiative [viewed]

Global Green New Deal1 December 2008: The UN Environment Programme (UNEP) has convened economists, academics and leaders of private and public institutions at an “International Workshop to take forward the Global Initiative on the Green Economy.” The workshop, which is meeting in Geneva, Switzerland, is considering the US$4 million UN Green Economy Initiative, which was launched on 22 October 2008, and seeks to respond to the global economic downturn by focusing policymakers on the promise of economic growth and job creation in environmental industries.

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OECD Releases Booklet on Climate Change Mitigation [viewed]

Climate Change Mitigation: What Do We Do? 28 November 2008. The Organization for Economic Cooperation and Development (OECD) has published a booklet entitled “Climate Change Mitigation: What Do We Do?” that reviews the economics behind climate change mitigation options.

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World Bank Lead Environmental Economist Highlights South Asia's Vulnerability to Climate Change [viewed]

South Asia's Vulnerability to Climate Change 25 November 2008: Speaking ahead of the UN Climate Change Conference in Poznan, Poland, Richard Damania, World Bank Lead Environmental Economist for the South Asia Region, described the climate-related challenges in South Asia as daunting.

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GEF Council Re-elects Monique Barbut as CEO, Approves Climate-Related Projects [viewed]

Monique Barbut, GEF CEO & Chairperson 14 November 2008: The Global Environment Facility (GEF) Council re-elected Monique Barbut as CEO during its biannual meeting, which took place from 11-13 November 2008, in Washington DC, US. The Council also renewed efforts to scale up technology transfer to developing countries looking to mitigate and adapt to climate change challenges, by approving projects amounting to US$50 million for climate-related activities.

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World Bank Moves Ahead with Energy for the Poor Initiative, Schedules Meeting in Paris [viewed]

Jamal Saghir, Director, Energy, Transport and Water, in the Sustainable Vice Presidency (SDNVP) of the World Bank 13 November 2008: The World Bank is moving ahead with the

Energy for the Poor initiative, a programme that seeks to provide rapid support

for countries' efforts to strengthen social safety nets to reduce the poor's

vulnerability to volatile fuel prices.

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World Bank Creates Green Bond to Finance Mitigation and Adaptation [viewed]

6 November 2008: The World Bank, in partnership with SEB and

Scandinavian institutional investors, will raise funds for projects seeking to

mitigate climate change or promote adaptation to its effects, through the issue

of a “World Bank green bond.”

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EC Announces Communication on Deforestation and Climate Change [viewed]

7 November 2008: At the 44th session of the International

Tropical Timber Council and the Associated Sessions of the four Committees

(Finance and Administration, Economic Information and Market Intelligence,

Forest Industry, and Reforestation and Forest Management), the European

Commission (EC) announced a communication on deforestation and climate change,

with the goal of informing the EU position at the upcoming climate change

negotiations in Poznan, Poland.

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Documents Posted for 34th GEF Council and Climate Funds Meetings [viewed]

6 November 2008: Documents for the 34th Global Environment Facility (GEF) Council meeting,

which will convene from 11-13 November 2008, in Washington DC, US, are

available online.

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ECLAC Highlights Climate Change's Potential Negative Impact on Intraregional Trade [viewed]

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UNEP Launches Green Economy Initiative [viewed]

UNEP Launches Green Economy Initiative to Get the Global Markets Back to Work 22 October 2008: The UN Environment Programme (UNEP) has launched a Green Economy Initiative, which seeks to respond to the global economic downturn by focusing economic growth and job creation in environmental industries.

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