Economics, Trade & Investment

World Bank/IMF Spring Meeting Highlights Role of Low Carbon Investments in Crisis Recovery [viewed]

© IMF27 April 2009: The Joint World Bank Group (WBG) and International Monetary Fund (IMF) Development Committee met on 26 April in Washington, DC, US, and highlighted that “hard earned progress towards the Millennium Development Goals (MDGs) is now in jeopardy.”

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World Bank Releases World Development Indicators 2009 [viewed]

© World Bank22 April 2009: The World Bank's World Development Indicators 2009, released during the Bretton Woods Institutions Spring Meetings, includes an environment section that reviews evidence on energy use, climate change and the prospects for cleaner energy.

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World Bank Civil Society Forum to Address CSO Approaches to Reducing Vulnerability [viewed]

© World BankApril 2009: The World Bank Development Dialogue on Values and Ethics and the Civil Society Team are organizing a session within the Civil Society Forum on the challenges ahead to reduce the magnitude of climate change as well as its impact, with the discussion based on findings from the draft World Development Report on climate change.

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World Bank Civil Society Forum and Climate Investment Fund Meetings to Convene [viewed]

© World BankApril 2009: The World Bank Climate Investment Funds (CIF) will hold a civil society self-selection process for observer seats on two CIF committees (Clean Technology Fund and Strategic Climate Fund) and one sub-committee (Pilot Program for Climate Resilience). The NGO RESOLVE will lead the selection process on 24 April, on the occasion of the Civil Society Policy Forum to be held in Washington DC, US, from 23-26 April 2009.

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UNEP Executive Director Discusses Global Green Economy [viewed]

© UNEP20 April 2009: Achim Steiner, Executive Director of the UN Environment Programme (UNEP), discussed the Green Economy in a speech delivered at a university in Tel Aviv, Israel. He addressed the way technological opportunities in resource efficient, low carbon and environmentally-friendly products and processes move from ideas onto commercialization, noting the power of the market as arbiter of what society wants and needs. He stressed the role of government in “shaping and focusing markets” to deliver benefits and long-term goals.

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OAS Summit: US President Proposes Energy and Climate Partnership of the Americas, Declaration of Commitment Presented [viewed]

18 April 2009: Addressing the Fifth Summit of the Americas, which took place in Port of Spain, Trinidad and Tobago, from 17-19 April 2009, US President Barack Obama proposed the creation of a new Energy and Climate Partnership of the Americas “that can forge progress to a more secure and sustainable future.” The proposed partnership would promote renewable energy and reduce greenhouse gas emissions through the promotion of energy efficiency and investments in infrastructure and renewable sources of energy.

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UNEP Announces Business for the Environment Global Summit to Discuss Green Solutions [viewed]

© UNEP15 April 2009: The Business for the Environment Global Summit will convene in Paris, France, from 22-23 April 2009, to discuss ways of powering green growth around the globe. Over 700 leaders from business, civil society, international organizations and government are expected to attend.

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Adaptation Fund Organizes Logo Competition [viewed]

14 April 2009: The Adaptation Fund Board (AFB) has opened a logo competition to provide the Fund with its own outlook and increase public consciousness about its existence and on-going operationalization.

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ECLAC Executive Secretary Urges Response to Climate Change [viewed]

© ECLAC9 April 2009: Alicia Bárcena, Executive Secretary, UN Economic Commission for Latin America and the Caribbean (ECLAC), highlighted that the current focus on responding to the international financial crisis should not postpone efforts to address the effects of climate change. She outlined the region's priorities in addressing climate change during a conference on the Japanese proposal Cool Earth 50 offered by Akio Hosono at ECLAC headquarters in Santiago, Chile.

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EIB Provides US$220 Million in Funds to Mitigate Climate Change in China [viewed]

© EIB 2 April 2009: The European Investment Bank (EIB) is providing a total of EUR 220 million in three operations that will contribute to the mitigation of climate change, within the objectives of the China Climate Change Framework Loan (CCCFL), signed with the People's Republic of China in November 2007.

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