Economics, Trade & Investment

World Bank Announces US$5bn for Power Generation in Africa [viewed]

power.africa5 August 2014: The World Bank has committed US$5 billion in technical and financial support for energy projects in six African countries partnering with US President Barack Obama's Power Africa Initiative. The support will consist of direct financing, investment guarantees and advisory services for project preparation, with the aim of creating 2.5 GW in new electricity generation capacity.

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ADB, Private Equity Investments Partner in Climate-Related Transactions [viewed]

ADB4 August 2014: The Asian Development Bank (ADB), ORIX Corporation (ORIX) and Robeco Institutional Asset Management B.V. (Robeco) have formed a joint venture titled 'Asia Climate Partners' (ACP), which will undertake commercially-viable, private equity investments across a range of low-carbon transactions throughout Asia.

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UNEP Tracks Adaptation Actions in Africa [viewed]

UNEPAugust 2014: The UN Environmental Programme (UNEP) has published a report, titled ‘Keeping Track of Adaptation Actions in Africa: Targeted Fiscal Stimulus Actions Making a Difference,' which reviews, for both policy makers and other stakeholders, the current and future implications of climate change impacts in Africa.

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WorldFish Report Discusses Fisheries, Food Security and Climate Change in Kiribati [viewed]

WorldFishAugust 2014: WorldFish has released a report that examines fisheries governance and livelihoods in Kiribati. The report, titled ‘Fish for the Future: Fisheries development and food security for Kiribati in an era of global climate change,' analyzes the status of Kiribati coastal and ocean fisheries resources and discusses challenges related to sustainability and climate change; population, food security and coastal fisheries management; social challenges in Kiribati fisheries; and licensing revenue and development.

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IMF Stresses Role of Taxes for Sustainable Energy Pricing [viewed]

international.monetary.fund31 July 2014: The International Monetary Fund (IMF) has released a book for policy makers on how to use tax policy to ensure that energy prices properly reflect impacts on the environment and sustainable economic development.

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India, US Consult on Climate Change [viewed]

india.us30 July 2014: High-level officials from India and the US have met to discuss bi- and multilateral cooperation on climate change. The meeting constituted the first round of bilateral consultations under the India-US Joint Working Group on Climate Change.

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UNAI, CFR Host Discussion on Hydraulic Fracturing [viewed]

cfr.academic.impact16 July 2014: A discussion on the risks and benefits of hydraulic fracturing was hosted by the UN Academic Impact (UNAI) and the US Council on Foreign Relations (CFR). The event examined the potential extent and consequences of the US hydraulic fracturing boom for international security, economics and security, and discussed a potential role for the UN in supporting countries in making related decisions.

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Event: 10th WTO Ministerial Conference [viewed]

The 10th World Trade Organization (WTO) Ministerial Conference is expected to meet in December 2015. The Ministerial Conference is the topmost decision-making body of the WTO. It usually meets every two years, and brings together all members of the WTO.  

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July 2014 Climate Finance Update [viewed]

EIB-CIF-AfDB-EBRD-World Bank-GEF31 July 2014: During July 2014, the European Investment Bank (EIB) and the Global Environment Facility (GEF) have reported on climate investments. Both the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) announced partnerships with the Climate Investment Funds (CIF) for a variety of climate-related investments. The World Bank also announced additional funding to be provided by CIF.

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July 2014 Sustainable Energy Finance Update [viewed]

World Bank-EBRD-EIB-ADB-AfDB-IDB-CDB31 July 2014: During the month of July, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the Government of Germany, and other donors undertook activities and approved funding for sustainable energy projects in Armenia, Austria, Brazil, India, Indonesia, Israel, Kyrgyz Republic, Nepal, Poland, Sri Lanka, Tajikistan, Tunisia and Uruguay, among other countries.

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