Economics, Trade & Investment

World Bank Signs First African Emission Reduction Purchase Agreement on Soil Carbon [viewed]

3 November 2010: The World Bank signed the first African Emission Reduction Purchase Agreement (ERPA) on soil carbon in a ceremony held at the International Conference on Agriculture, Food Security, and Climate Change in The Hague, the Netherlands.

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UNECE Holds Seminar on Policy Reforms for Clean Energy [viewed]

29 October 2010: As reported in the Weekly newsletter of the UN Economic Commission for Europe (UNECE) for the period 25-29 October 2010, UNECE held the second seminar on policy reforms to promote energy efficiency and renewable energy investments on 20-22 October 2010 in Geneva, Switzerland.

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Event: Governors' Global Climate Summit 3 [viewed]

The Governors' Global Climate Summit (GGCS) is co-hosted by the Governor of California and other Subnational Leaders and Partners, in Partnership with the UN Development Programme (UNDP) and UN Environment Programme (UNEP). GGCS 3 is focusing on "Building the Green Economy." It will serve as a forum to learn best practices, share ideas and collaborate on projects to see first-hand how our actions at the subnational level can drive national and international climate negotiations.  

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IDA, GEF Support Clean Energy in Mali [viewed]

29 October 2010: The International Development Association (IDA), a branch of the World Bank Group, and the Global Environment Facility (GEF) are supporting Mali villagers, through the Household Energy and Universal Access Project (HEURA), to use efficient stoves to replace wood cutting, reduce emissions and indoor air pollution, and preserve forests.

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ADB Announces "Lighting for All" Platform [viewed]

29 October 2010: The Asian Development Bank (ADB) and The Energy and Resources Institute (TERI) have announced a “Lighting for All” platform to help provide clean and affordable electricity to 50 million people who currently rely on expensive and highly polluting fuels for their lighting needs.

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World Bank Launches Partnership for Ecosystem Services Valuation [viewed]

28 October 2010: The World Bank announced a new Global Partnership for Ecosystems and Ecosystem Services Valuation and Wealth Accounting, an initiative designed to integrate ecosystem services into national accounting.

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IDB Launches Public Consultations on Climate Change Strategy [viewed]

28 October 2010: The Inter-American Development Bank (IDB) launched a public consultation process on the draft of its Integrated Strategy for Climate Change Adaptation and Mitigation, and Sustainable and Renewable Energy, including a series of workshops to be held in several countries in the region.

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G-20 Notes Progress on Fossil Fuel Subsidies [viewed]

23 October 2010: The G20 Finance Ministers and Central Bank Governors meeting in Gyeongju, Republic of Korea, on 23 October 2010, noted the progress made on rationalizing and phasing out inefficient fossil fuel subsidies.

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World Bank Funds Geothermal Energy in Kenya [viewed]

22 October 2010: The World Bank presented an Electricity Expansion Project in Kenya, expected to channel a total investment of US$1,391 million, of which the World Bank's International Development Association (IDA), is providing US$330 million, to expand energy access with clean geothermal power and new transmission lines.

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OECD Releases Paper on Climate Change and Fisheries Policy in Norway [viewed]

7 October 2010: The Organisation for Economic Co-operation and Development (OECD) has published a working paper titled "Norway – Sustainable Development: Climate Change and Fisheries Policies."

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