Economics, Trade & Investment

EU-US Energy Council Urges Adopting New Climate Agreement in 2015 [viewed]

usa-eu-flag2 April 2014: The fifth EU-US Energy Council, which met in Brussels, Belgium, noted the shared EU-US objectives in evolving energy policies in support of a transition to a low-carbon economy and welcomed President Obama's Climate Action Plan and the work underway on the EU 2030 Climate and Energy Package to address key sources of greenhouse gas (GHG) emissions in the US and EU.

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EU, China Discuss Climate Change, Post-2015 Development Agenda [viewed]

eu-china31 March 2014: The EU and China recognized the need to strengthen climate change cooperation in preparing “a protocol, another legal instrument or an agreed outcome with legal force” under the UNFCCC to be adopted in 2015 in Paris. They also addressed efforts to promote sustainable development and formulate the post-2015 development agenda.

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UNISDR Invites Business' Ideas on DRR and Avoiding New Risks [viewed]

UNISDR2 April 2014: The UN International Strategy for Disaster Reduction (UNISDR) has launched a month-long online consultation with the international business community, inviting businesses to contribute their expertise and ideas on the role of financial reform, regulation, building codes and incentives to allow business to make safer investments and avoid creating new risk in the process of driving economic growth and development.

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Horn of Africa Countries Address Drought Threat and Disaster Resilience [viewed]

IGAD31 March 2014: The Second IGAD Drought Disaster Resilience and Sustainability Initiative (IDDRSI) was facilitated by the Executive Secretary of the Intergovernmental Authority on Development (IGAD), an organization comprised of six East African countries in the Horn of Africa.

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Event: Clean Energy Ministerial 5 (CEM5) [viewed]

The Republic of Korea is hosting the fifth Clean Energy Ministerial (CEM5), which will gather energy ministers and other high-level delegates from over 20 of the world's largest economies to identify avenues to accelerate the transition to a global clean energy economy. CEM5 will focus specifically on identifying smart policies, programmes, and strategies to improve energy efficiency, clean energy deployment, and energy access expansion. It is also anticipated that governments will announce specific new commitments to advance these goals at the meeting. Participants include the 23 CEM government ministers and delegates, official observer organisations and other invited stakeholders.  

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C20 Conversations Invites Ideas for G20 Action on Climate and Sustainability [viewed]

c20March 2014: The Civil Society 20 (C20) Conversations is inviting individuals to submit their ideas for actions the Group of 20 (G20) can take at its 2014 Brisbane Summit on four areas: climate and sustainability; governance; inclusive growth and employment; and infrastructure. Discussion topics on climate and sustainability include climate change, climate finance and resource scarcity. 

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March 2014 Climate Finance Update [viewed]

world-bank-gef-ifad-isdb-eib  31 March 2014: During the month of March, the World Bank, the Global Environment Facility (GEF), the International Fund for Agricultural Development (IFAD) and a regional development bank announced funding for several climate-related projects or initiatives. The World Bank has also provided an update on the growth of the green bond market.

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March 2014 Sustainable Energy Finance Update [viewed]

worldbank-idb--erdb-gef-afdb-eib31 March 2014: Throughout the month of March, the World Bank, the Inter-American Development Bank (IDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the Global Environment Facility (GEF) and the African Development Bank (AfDB) undertook activities and approved funding for sustainable energy projects in countries including: the Democratic Republic of the Congo (DRC), France, Kenya, the Philippines, Romania, Solomon Islands, Zambia and Sub-Saharan Africa.

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Adaptation Fund Board Supports Project Design, Accredits Implementing Entities [viewed]

Adaptationfund28 March 2014: At its 23rd meeting, the Adaptation Fund Board approved financing for project design in India and Morocco, and accredited three Implementing Entities, including for Peru and the Andes. 

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Event: 2014 CIF Partnership Forum [viewed]

The Climate Investment Funds (CIF) and the Inter-American Development Bank (IDB) are jointly convening the 2014 CIF Partnership Forum, hosting more than 400 participants from civil society, the private sector, governments, indigenous peoples and academia. A special pre-conference event on 22 June, 'Stakeholder Day,' will be dedicated to discussing progress and challenges in engaging key stakeholders in the CIF's activities. During the conference, panels will address a variety of topics including managing climate change programs and unlocking private finance from mini-grids to REDD+. The CIF is the world's largest group of funds for climate action, channeling $8 billion to low carbon and climate resilient development.  

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