Economics, Trade & Investment

World Bank Releases Guide to Mainstream Climate Change Adaptation and Mitigation in Development Programs [viewed]

World Bank 8 January 2009: The World Bank has released a guide on “Policy and Institutional Reforms to Support Climate Change Adaptation and Mitigation in Development Programs.” The publication offers targeted guidance on the linkages between the design of development programs and the objectives of adapting to climate change and limiting emissions of greenhouse gases.

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World Bank and Partners Seek Views on Economics of Adaptation Study [viewed]

Economics of Adaptation Study December 2008: The World Bank is working with six pilot countries – Bangladesh, Bolivia, Ethiopia, Ghana, Mozambique and Vietnam– on a US$8 million study funded by the Governments of the UK, the Netherlands and Switzerland to help decision makers in developing countries better understand and assess the risks posed by climate change, and to better cost, prioritize, sequence and integrate adaptation strategies into their development plans and budgets.

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World Bank Releases Report on Latin American and Caribbean Responses to Climate Change [viewed]

Global financial & climate crises 10 December 2008: The World Bank released a new report entitled “Low Carbon, High Growth: Latin American Responses to Climate Change.” The study argues that a shift towards low carbon activities could enhance the region's competitiveness and contribute to a faster recovery from the current economic meltdown.

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OECD Secretary General Highlights Why Finance Ministers Should Take Action on Climate Change [viewed]

Angel Gurría, Secretary-General of the OECD 8 December 2008: The Organisation for Economic Co-operation and Development (OECD) Secretary General, Angel Gurría, participated in a high level meeting of Ministers of Finance in Poznań, Poland, on the sidelines of the 14th session of the Conference of the Parties to the UNFCCC, and highlighted that the engagement of finance ministers in the fight against climate change is essential.

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Eritrea and Samoa Share Experiences with GEF-Administered LDCF [viewed]

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3 December 2008: At a side event held during the UN Climate Change Conference in Poznan, Poland, two least developed countries shared their experience in integrating climate change risks into various sectors, including agriculture and health through the Least Developed Countries Fund (LDCF).

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EIB Funds Mitigation Investments in India [viewed]

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2 December 2008: The European Investment Bank (EIB) has announced it will provide approximately EUR 100 million to the Export-Import Bank of India (EXIM Bank) to provide partial financing for investments that will contribute to the mitigation of climate change.

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Financing for Development Review Conference Expresses Concerns Over the Impact of Climate Change on Development [viewed]

4 December 2008: The International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus, attended by 92 countries, expressed its “deep concern that the international community is now challenged by the severe impact on development of multiple, interrelated global crises and challenges,” highlighting increased food insecurity, volatile energy and commodity prices, climate change and a global financial crisis.

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UNEP Releases Report on Investment in Mitigation [viewed]

Investment and Financial Flows to Address Climate Change: An Update 3 December 2008: The UN Environment Programme (UNEP) has released an advance copy of “Public Finance Mechanisms to Mobilise Investment in Climate Change Mitigation.” UNEP's Division of Technology, Industry and Economics, under its Sustainable Energy Finance Initiative, commissioned the report as a contribution to the UNFCCC Secretariat Technical Paper “Investment and Financial Flows to Address Climate Change: An Update.”

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UNEP Gathers Leaders to Shape UN Green Economy Initiative [viewed]

Global Green New Deal1 December 2008: The UN Environment Programme (UNEP) has convened economists, academics and leaders of private and public institutions at an “International Workshop to take forward the Global Initiative on the Green Economy.” The workshop, which is meeting in Geneva, Switzerland, is considering the US$4 million UN Green Economy Initiative, which was launched on 22 October 2008, and seeks to respond to the global economic downturn by focusing policymakers on the promise of economic growth and job creation in environmental industries.

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OECD Releases Booklet on Climate Change Mitigation [viewed]

Climate Change Mitigation: What Do We Do? 28 November 2008. The Organization for Economic Cooperation and Development (OECD) has published a booklet entitled “Climate Change Mitigation: What Do We Do?” that reviews the economics behind climate change mitigation options.

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