Economics, Trade & Investment

World Bank Consultations on Development and Climate Change Continue [viewed]

Global Consultations - Development and Climate Change: A Strategic Framework for the World Bank Group September 2008: Global consultations for the development of

a “Strategic Framework on Development and Climate Change for the World Bank

Group” continue receiving comments online from civil society, until 15

September 2008.

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New World Bank Report Highlights Africa's CDM Potential [viewed]

World Bank Carbon Finance Unit (CFU) 3 September 2008: A new World Bank report estimates that Clean Development Mechanism (CDM) projects in sub-Saharan Africa could potentially amount to 740 million tons of carbon dioxide equivalent per year.

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Third High Level Forum on Aid Effectiveness Opens [viewed]

2 September 2008: The Third High Level Forum on Aid

Effectiveness is taking place from 2-4 September 2008, in Accra, Ghana. Over

100 high-level country representatives, as well as heads of bilateral and

multilateral development agencies, donor organizations, and civil society

organizations, will discuss ways to increase the transparency of aid and make

it more results-oriented.

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UNEP Releases Booklet on Energy Subsidies [viewed]

Reforming Energy Subsidies: Opportunities to Contribute to the Climate Change Agenda 26 August 2008: The UN Environment Programme's (UNEP) Division of Technology, Industry and Economics (DTIE) has released a booklet that seeks to raise awareness of energy subsidies and their impact.

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GEF Meeting in West Africa Develops Programme for Access to Renewable Energy and Energy Efficiency [viewed]

26 August 2008: The Global Environment Facility (GEF) Secretariat met with Ministers from West African countries, from 25-26 August 2008, in Cotonou, Benin, to develop a regional programme for climate change and biodiversity that provides the region with a more efficient use of resources from the GEF's Resource Allocation Framework (RAF).

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Draft World Bank Strategy for Climate Change and Development Available for Public Comment [viewed]

Climate Change and Development 21 August 2008: The first phase of consultations on a

Strategic Framework on Climate Change and Development for the World Bank Group

(WBG) has concluded with the release of a draft document entitled “Development

and Climate Change - A Strategic Framework for the World Bank Group.” The

document will be finalized, taking into consideration comments received through

15 September 2008, and submitted to the Board of Directors, on 23 September

2008, and to the Development Committee, during the 2008 IMF/World Bank Group

Annual Meeting in October 2008.

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UNECE/FAO Release Forest Products Annual Market Review 2007-2008 [viewed]

United States forest products market crash impacts UNECE region markets in 2007 and 2008 August 2008: The UN Economic Commission for Europe (UNECE) and the Food and Agriculture Organization of the UN (FAO) has released the

UNECE/FAO Forest Products Annual Market Review, 2007-2008. The Review, based on

the theme ‘Green building's impact on the forest sector in the UNECE region,'

covers all forest products market sectors as well as interlinked policy

developments in the UNECE region of Europe, North America and the CIS.

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UNCTAD Hearing with Civil Society will address Global Food and Financial Crises [viewed]

6 August 2008: The UN Conference on Trade and Development's

(UNCTAD) Trade and Development Board hearing with civil society will address

the global food crisis as a systemic failure in development strategy, including

its relationship with climate change.

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Responses to Climate Change Bear Major Development Implications: Monterrey Review Process Draft Outcome Document Released [viewed]

Draft Doha Outcome Document on Reviewing the Implementation of the Monterrey Consensus 30 July 2008: The President of the UN General Assembly issued a draft outcome

document for the Monterrey Consensus Review Conference where countries would

recognize that responses to the climate change problem have “major development

implications” and “commit to respond to the additional financial requirements

that meet these new challenges with appropriate, concrete international

cooperation measures and policies.” The Review Conference, to be held in Doha,

Qatar, from November 29 to 2 December 2008, would also highlight that efforts

to address climate change should “promote increased trade in environmental

goods and not result in environmentally-based trade distortions.”

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World Bank's Effectiveness in the Environment Evaluated [viewed]

World Bank's Effectiveness in the Environment Evaluated 22 July 2008: The Independent Evaluation Group, an

independent unit within the World Bank that reports directly to the Bank's

Board of Executive Directors, has released its report evaluating

the effectiveness of World Bank Group (WBG) support to the environment from

1990 to 2007.

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