Economics, Trade & Investment

UNGA Continues Debate at UN Conference on World Financial Crisis, Highlights Impacts of Climate Change [viewed]

© UN29 June 2009: The UN General Assembly (UNGA) met in New York, US, to continue the plenary debate of its Conference on the World Financial and Economic Crisis and Its Impact on Development, which began on 24 June, and sought to identify emergency and long-term responses to mitigate the impact of the crisis.

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GEF Approves US$61.1 Million Work Programme for Climate Change [viewed]

26 June 2009: The Global Environment Facility (GEF) Council, which met from 22-24 June 2009, in Washington DC, US, approved a work programme including 20 projects within the climate change focal area, mostly related to energy efficiency, assigning US$61.1 million in GEF grants in 23 countries.

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World Bank Approves Energy Efficiency Programme in Benin [viewed]

© World Bank26 June 2009: The World Bank approved a programme that will help reduce greenhouse gases and promote clean energy use in Benin.

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World Bank Seeks Comments on its Work on Climate Change [viewed]

© World Bank June 2009: The World Bank is seeking comments on the implementation of its Strategic Framework on Development and Climate Change.

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WTO and UNEP Publish Report on Trade and Climate Change [viewed]

© UNEP26 June 2009: The World Trade Organization (WTO) and the UN Environment Programme (UNEP) have launched a report on trade and climate change, which reviews how trade and climate change policies interact and how they can be mutually supportive.

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GEF Council Adopts MoU to Provide Secretariat Services to the Adaptation Fund [viewed]

© GEF26 June 2009: The Global Environment Facility (GEF) Council met from 22-24 June 2009, in Washington DC, US, and concluded with the adoption of a Memorandum of Understanding (MoU) with the Conference of the Parties acting as the Meeting of the Parties (COP/MOP) to the Kyoto Protocol to provide secretariat services to the Adaptation Fund Board.

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GEF Council Revises Allocation Framework for Climate Projects [viewed]

© GEF26 June 2009: The Council of the Global Environment Facility (GEF), which met from 22-24 June 2009, in Washington DC, US, evaluated a reform to the GEF's Resource Allocation Framework (RAF) to enhance transparency and outcome-oriented lending.

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OECD Ministers Adopt Declaration on Green Growth [viewed]

© OECD25 June 2009: Member countries participating in the annual Ministerial Council of the Organisation for Economic Co-operation and Development (OECD), which took place in Paris, France, from 24-25 June 2009, adopted a Declaration on Green Growth. The Declaration provides that the crisis should not delay “crucial decisions for the future of our planet,” noting in particular the challenge of climate change.

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OECD to Support Exports of Renewable Energy and Nuclear Power Equipment [viewed]

© OECD24 June 2009: Organisation for Economic Co-operation and Development (OECD) countries have agreed to boost official backing for exports of renewable energy and nuclear power equipment by offering more generous terms on government-backed credits in support of export deals.

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OECD Forum Addresses Green Growth and Climate Change [viewed]

© OECD23 June 2009: Opening the Organisation for Economic Cooperation and Development's (OECD) Tenth Forum, which was held in Paris, France, from 23-24 June 2009, Han Seung-soo, Prime Minister of the Republic of Korea and Chair of OECD's Ministerial Council Meeting, highlighted that the Forum's theme, “The Crisis and Beyond: For a stronger, cleaner, fairer world economy,” seeks to address the unprecedented challenges of the global financial crisis and climate change.

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