Economics, Trade & Investment

OECD Convenes Conference on Competitive Cities and Climate Change [viewed]

The international conference on Competitive Cities and Climate Change 3 October 2008: The Organisation for Economic Cooperation

and Development (OECD) is co-organizing with the province and the city of

Milan, a Conference on Cities and Climate Change, which is scheduled to convene

from 9-10 October 2008, in Milan, Italy.

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World Bank Highlights Increased Funding for Renewable Energy and Energy Efficiency Projects [viewed]

2 October 2008: The World Bank has announced an 87% increase in funding for renewable energy (RE) and energy efficiency (EE) projects and programmes in developing countries in the past fiscal year.

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World Bank Climate Investment Funds Receive Pledges for US$ 6.1 Billion [viewed]

Donor Nations Pledge Over $6.1 Billion to Climate Investment Funds

26 September 2008: Leading industrialized nations met at the

World Bank, and pledged more than US$6.1 billion to the recently created World

Bank Climate Investment Funds (CIF).

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WTO Public Forum Addresses Climate-Trade Interface [viewed]

WTO OMC 26 September 2008: Pascal Lamy, World Trade Organization

(WTO) Director-General, addressed the 2008 WTO Public Forum highlighting that

trade in “environmental goods and services, in particular in climate-friendly

technology, can make vital pollution prevention and reduction equipment more

accessible to countries in need; thereby easing the climate crisis.”

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OECD Secretary-General Highlights Potential for GHG Emission Reductions in the Energy Sector [viewed]

16 September 2008: Angel Gurría, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), participated in the Energy Leaders Summit organized by the Financial Times and World Energy Council, in London, UK, on 16-17 September 2008. Addressing heads of the main traditional and new energy companies, as well as government representatives and financiers, who met to discuss the future of energy beyond 2025, Gurría highlighted the need for public-private partnerships for the development and deployment of “large-scale transformative energy technologies.”

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World Bank Consultations on Development and Climate Change Continue [viewed]

Global Consultations - Development and Climate Change: A Strategic Framework for the World Bank Group September 2008: Global consultations for the development of

a “Strategic Framework on Development and Climate Change for the World Bank

Group” continue receiving comments online from civil society, until 15

September 2008.

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New World Bank Report Highlights Africa's CDM Potential [viewed]

World Bank Carbon Finance Unit (CFU) 3 September 2008: A new World Bank report estimates that Clean Development Mechanism (CDM) projects in sub-Saharan Africa could potentially amount to 740 million tons of carbon dioxide equivalent per year.

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Third High Level Forum on Aid Effectiveness Opens [viewed]

2 September 2008: The Third High Level Forum on Aid

Effectiveness is taking place from 2-4 September 2008, in Accra, Ghana. Over

100 high-level country representatives, as well as heads of bilateral and

multilateral development agencies, donor organizations, and civil society

organizations, will discuss ways to increase the transparency of aid and make

it more results-oriented.

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UNEP Releases Booklet on Energy Subsidies [viewed]

Reforming Energy Subsidies: Opportunities to Contribute to the Climate Change Agenda 26 August 2008: The UN Environment Programme's (UNEP) Division of Technology, Industry and Economics (DTIE) has released a booklet that seeks to raise awareness of energy subsidies and their impact.

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GEF Meeting in West Africa Develops Programme for Access to Renewable Energy and Energy Efficiency [viewed]

26 August 2008: The Global Environment Facility (GEF) Secretariat met with Ministers from West African countries, from 25-26 August 2008, in Cotonou, Benin, to develop a regional programme for climate change and biodiversity that provides the region with a more efficient use of resources from the GEF's Resource Allocation Framework (RAF).

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