Economics, Trade & Investment

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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ECLAC Convenes Climate Change Seminar [viewed]

Concern Grows Over Impact of Climate Change on Economies in the Region 17 October 2008: The Economic Commission for Latin America

and the Caribbean (ECLAC) convened a seminar on "Climate change in Latin

America: Impact, Possibilities for Mitigation and Financing," from 15-16

October 2008, in Santiago, Chile. During the meeting, participants discussed

the possible imposition of trade barriers on products from the region due to

carbon emissions in their production and transportation and stressed the

urgency to mitigate the effects of climate change.

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OECD Cities and Climate Change Conference Evaluates Role of Cities in Responding to Climate Change [viewed]

Mayors, Ministers call for Joint Action on Climate Change at OECD Conference 10 October 2008: The international Conference on “Competitive Cities and Climate Change,” organized by the Organisation for Economic Co-operation and Development (OECD), took place from 9-10 October 2008, in Milan, Italy. The event provided the opportunity for mayors from some of the world's most important and influential cities to both address common challenges and share best practices on climate solutions.

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World Bank Group President Addresses Climate Change Challenges at IMF and World Bank Annual Meetings [viewed]

Robert Zoellick, President of the World Bank Group 13 October 2008: The annual meetings of the Boards of

Governors of the International Monetary Fund (IMF) and World Bank took place on

13 October 2008, in Washington DC, US. Finance ministers from developing and

industrialized nations attended the event, which was preceded by a meeting of

the International Monetary and Financial Committee and the Development

Committee. Robert Zoellick, President of the World Bank Group, addressed the

meeting, noting the effects of the current financial crisis on energy and climate

change.

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IMF and World Bank Annual Meetings Address World Economic Crisis, Support Efforts to Tackle Climate Change [viewed]

69imfc_am_08_large 13 October 2008: The annual meetings of the Boards of

Governors of the International Monetary Fund (IMF) and World Bank took place on

11-13 October 2008, in Washington DC, US. Finance ministers from developing and

industrialized nations attended the event, which was preceded by a meeting of

the International Monetary and Financial Committee (IMFC) and the Development

Committee. The IMFC and seminars during the week addressed the responses to the

current economic crisis, as well as the challenges posed by higher food and

fuel prices.

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GEF and UNEP Commission Study on Weather Insurance for Wind Power Farms [viewed]

9 October 2008: Commissioned by the UN Environment Programme (UNEP) and the Global Environment Facility (GEF), Paris Re and Marsh have produced an index-based weather cover for the wind energy sector. The study analyzes the technical, legal and financial feasibility of implementing weather coverage in Mexico.

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EU-LAC Forum addresses bi-regional cooperation on climate change [viewed]

The EU, Latin America and the Caribbean: Confronting the challenges of globalisation in a post-Lima Summit partnership 6 October 2008: A bi-regional EU-Latin America and the Caribbean (EU-LAC) forum convened in Paris, France, on 6 October 2008, to address the challenges of globalization and its effect on the economy, social cohesion and the environment. Pamela Cox, World Bank Vice President for Latin America and the Caribbean, addressed the forum, highlighting that some countries in Latin America and its citizens “and particularly the extreme poor, are the most vulnerable to the effects of climate change.”

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OECD Convenes Conference on Competitive Cities and Climate Change [viewed]

The international conference on Competitive Cities and Climate Change 3 October 2008: The Organisation for Economic Cooperation

and Development (OECD) is co-organizing with the province and the city of

Milan, a Conference on Cities and Climate Change, which is scheduled to convene

from 9-10 October 2008, in Milan, Italy.

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