Economics, Trade & Investment

Event: UNITAR/WTI Course on Trade and Climate Change [viewed]

The course, organized by the UN Institute for Training and Research (UNITAR) and the World Trade Institute (WTI), aims to explore key legal and economic issues arising from the climate change debate, including the relationship between the World Trade Organization (WTO) Agreement and multilateral environmental agreements (MEAs) that address climate change, particularly regarding the legality of domestic and international trade measures to reduce greenhouse gas (GHG) emissions. It is designed for senior and middle level officials and professionals wishing to deepen their knowledge and understanding of international trade and climate change issues.  

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World Bank Releases Annual Report on State and Trends of the Carbon Market [viewed]

26 May 2010: The World Bank released its annual State and Trends of the Carbon Market report at Carbon Expo in Cologne, Germany, on 26 May. The report indicates that the value of the global carbon market grew six percent, to US$144 billion, in 2009 despite being its most challenging year to date.

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Second US-China Strategic and Economic Dialogue Tackles Climate and Energy [viewed]

US Department of State25 May 2010: The Strategic Track under the framework of the Second Round of the US-China Strategic and Economic Dialogue addressed, inter alia, energy security and climate change, and produced 26 specific outcomes.

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World Bank Institute Climate Change Practice Releases e-Bulletin [viewed]

25 May 2010: The World Bank Institute (WBI) Climate Change practice has released the May 2010 edition of its quarterly e-bulletin. The issue features upcoming and recent events and news from four programmes: Cities and Climate Change; Innovation in Carbon Finance; Leadership and Coalition Building for Climate Change; and Climate Adaptation for Water, Agriculture and Natural Resource Management.

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UNESCAP 66th Commission Session Adopts Incheon Declaration [viewed]

19 May 2010: The 66th Commission Session of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) convened from 13-19 May 2010, in Incheon, Republic of Korea. Representatives from 53 countries of the region and nine associate States discussed regional development policies, including green growth, and adopted the Incheon Declaration.

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GEF Launches Climate Change Evaluation Website [viewed]

20 May 2010: The Global Environment Facility Evaluation Office (GEFEO), in collaboration with the Swedish International Cooperation Agency (SIDA) and the Switzerland Federal Office for the Environment (FOEN), has launched a new website dedicated to the evaluation of climate change and international development projects and programmes.

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Fifth GEF Replenishment Negotiations Conclude [viewed]

The Global Environment Facility (GEF) finalized its Fifth Replenishment negotiations, with over 30 countries pledging US$4.25 billion to fund projects with global environmental benefits during the next four years.

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EC Launches Latin America Investment Facility [viewed]

18 May 2010: Jose Manual Barroso, President of the European Commission, launched the Latin America Investment Facility (LAIF), on the side lines of the VI EU-Latin America and Caribbean (LAC) Summit of Heads of State and Government Summit, which met in Madrid, Spain, on 18 May 2010.

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Event: Oslo Climate and Forest Conference [viewed]

This conference will seek to establish an interim partnership arrangement for reducing emissions from deforestation and forest degradation in developing countries conservation, sustainable forest management and enhancement of forest carbon stocks (REDD+). This partnership would aim to ensure rapid implementation of a global coordinated effort to preserve the world's tropical forests, in line with UNFCCC decisions.  

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UN-REDD, World Bank Respond to REDD+ Partnership Proposal [viewed]

12 May 2010: The UN-REDD Programme and the World Bank's Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP) have released a joint statement in response to a draft document released by the organizers of the meeting on the interim REDD+ (reducing emission from deforestation and forest degradation in developing countries, conservation, sustainable forest management and enhancement of forest carbon stocks) partnership, to be held in Oslo, Norway, on 27 May 2010.

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