Economics, Trade & Investment

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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ILO and World Bank Reinforce Collaboration on Disaster Risk Reduction and Recovery [viewed]

18 June 2009: On the margins of the Second Session of the Global Platform for Disaster Risk Reduction, which took place in Geneva, Switzerland, from 16-19 June 2009, the International Labour Organization (ILO) and the World Bank signed a joint statement to reinforce their collaboration to address the consequences of natural hazards and rebuild livelihoods in the aftermath of disasters.

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GEF STAP Recommends Including Adaptation in Mitigation Projects [viewed]

© GEF22 June 2009: The Global Environment Facility's (GEF) Scientific and Technical Advisory Panel (STAP) has submitted to the GEF Council, which is meeting from 22-24 June 2009, in Washington DC, US, a series of “Recommendations for Improved Science and Technology Guidance in the GEF.”

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ECLAC Signs Cooperation Agreement with Germany to Support Climate-Change Activities [viewed]

© ECLAC19 June 2009: The UN Economic Commission for Latin America and the Caribbean (UNECLAC) and the Government of Germany concluded negotiations in Berlin, Germany, on 18 June 2009, to extend their cooperation programme until 2012, including joint work in the area of “Climate Change: old and new opportunities for sustainable energy and energy efficiency.”

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ADB Holds High-Level Dialogue on Climate Change in Asia and the Pacific, Announces Clean Energy Funds [viewed]

© ADB19 June 2009: The Asian Development Bank's (ADB) High-Level Dialogue on Climate Change in Asia and the Pacific, which took place on 16-17 June 2009, in Manila, the Philippines, highlighted the special stake and role of Asian and Pacific countries in solving the climate crisis.

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World Bank Finances Coal Power Plant Modernization in India [viewed]

© World Bank18 June 2009: The World Bank approved a US$180 million loan to the Government of India, to renovate and modernize old, inefficient and polluting coal-fired power plants. The project, which is expected to lower carbon emissions and boost power production at these plants, is co-financed with a US$45.4 million grant from the Global Environment Facility (GEF).

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ADB Releases Report on Understanding and Responding to Climate Change in Developing Asia [viewed]

© ADB June 2009: The Asian Development Bank (ADB) published a report on “Understanding and Responding to Climate Change in Developing Asia.”

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