Economics, Trade & Investment

ADB Funds CCS and Wind Energy in China [viewed]

© ADB9 July 2009: The Asian Development Bank (ADB) will provide a US$1.25 million technical assistance loan to promote carbon dioxide capture and storage (CCS) demonstration projects in China, as well as a US$24 million loan to finance a wind farm in the Inner Mongolia Autonomous Region.

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UN/ISDR Urges G8 to Advance Action Points on Climate Change and Disaster Reduction [viewed]

© UN/ISDR7 July 2009: The UN International Strategy on Disaster Reduction (UN/ISDR) urged the G8 Summit convening in L'Aquila, Italy, from 8-10 July, to apply their “considerable influence, resources and political will” to advance five major action points on disaster risk reduction (DRR).

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Adaptation Fund Board Discusses Operational Guidelines [viewed]

© Adaptation Fund6 July 2009: The Adaptation Fund (AF) Secretariat has posted a summary of the proceedings of the sixth AF Board meeting, which convened in Bonn, Germany, from 15-17 June 2009, and discussed elements related to the AF's Operational Guidelines.

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UNEP Hosts Chinese CEOs to Exchange Views on Green Economy [viewed]

© UNEP2 July 2009: The United Nations Environment Programme (UNEP) hosted a workshop for 16 Chinese Chief Executive Officers (CEOs) to discuss UNEP's Green Economy initiatives and its work on combating climate change, international campaigns, and activities on green construction, reforestation and green technology.

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Private Sector Representatives Sought for World Bank Climate Investment Funds [viewed]

1 July 2009: The World Business Council on Sustainable Development (WBCSD) is currently seeking applications by business associations to attend meetings of two Climate Investment Fund committees – the Clean Technology Fund and Strategic Climate Fund – and one subcommittee - the Pilot Program for Climate Resilience.

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World Bank Approves Energy Efficiency Projects in India and Tunisia [viewed]

© World Bank 30 June 2009: The World Bank has approved two energy efficiency projects: one in India to replace centrifugal chillers; and one in Tunisia to develop a market for energy efficiency products.

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World Bank Publishes Report on Ecosystem-Based Approaches to Climate Change [viewed]

June 2009: The World Bank's Environment Department has published a report titled “Convenient Solutions to an Inconvenient Truth: Ecosystem-based Approaches to Climate Change,” which sets out an argument for including ecosystem-based approaches to mitigation and adaptation as a third and essential pillar in national strategies to address climate change.

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World Bank Online Chat on Carbon Finance [viewed]

© World Bank July 2009: Joëlle Chassard, manager of the World Bank's Carbon Finance Unit, will respond to comments online on 14 July 2009, 10:00 AM EDT, on the findings published in the State and Trends of the Carbon Market Report 2009.

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UNGA Continues Debate at UN Conference on World Financial Crisis, Highlights Impacts of Climate Change [viewed]

© UN29 June 2009: The UN General Assembly (UNGA) met in New York, US, to continue the plenary debate of its Conference on the World Financial and Economic Crisis and Its Impact on Development, which began on 24 June, and sought to identify emergency and long-term responses to mitigate the impact of the crisis.

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GEF Approves US$61.1 Million Work Programme for Climate Change [viewed]

26 June 2009: The Global Environment Facility (GEF) Council, which met from 22-24 June 2009, in Washington DC, US, approved a work programme including 20 projects within the climate change focal area, mostly related to energy efficiency, assigning US$61.1 million in GEF grants in 23 countries.

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