Economics, Trade & Investment

September 2014 Water Finance Update [viewed]

wb.adb.ebd.afdb.gefSeptember 2014: During the month of September, the World Bank, Global Environment Facility (GEF), Asian Development Bank (ADB), African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) issued loans and highlighted work to address water-related issues including: conserving aquatic biodiversity; improving climate resilience; expanding water, sanitation and hygiene (WASH) services; implementing integrated water resources management (IWRM); and reducing disaster risk from flood and drought.

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Event: International Conference on South-South Cooperation on Climate Change [viewed]

The International Ecosystem Management Partnership (IEMP) is organizing a conference in recognition of the growing role of South-South cooperation as a complement to North-South partnership on climate change. The International Conference on South-South Cooperation aims to raise awareness about this growing role, identify opportunities and challenges, agree on enabling conditions for promoting South-South cooperation, and create consensus for solidifying South-South cooperation's part in the expected 2015 agreement on climate change. Apart from an opening address and ministerial forum, the conference will hold six high-level panels in plenary on: science and knowledge for climate policy; adaptation and livelihood; capacity building for decision makers and practitioners; technology transfer for clean energy; ecosystem-based adaptation and mitigation; and enabling conditions. IEMP is a project of the UN Environment Programme (UNEP). The National Development and Reform Commission (NDRC) of China, the UN Development Programme (UNDP), the UNFCCC Secretariat, World Wildlife Fund (WWF) and the Swiss Agency for Cooperation and Development (SDC) are also sponsoring the conference.  

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IEA Calls for Strengthening Energy Efficiency Market [viewed]

IEA8 October 2014: A market report by the International Energy Agency (IEA) confirms the role of energy efficiency as the “first fuel,” with the global energy efficiency market currently worth US$310 billion or more. Emphasizing the role of energy efficiency in climate change mitigation efforts, the report stresses that while it is becoming an established market segment, efforts to strengthen financing for energy efficiency should be strengthened. The report also finds significant potential for energy efficiency in emerging economies, in particular in the transport sector.

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ECPA Reports on Sustainable Energy Activities in LAC [viewed]

ECPA logo8 October 2014: The Energy and Climate Partnership of the Americas (ECPA) has reported on events and a project focusing on energy efficiency at national, sub-regional and regional levels, as well as on the future of energy in the Latin America and the Caribbean (LAC) region.

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IRENA, UNECE Cooperate on Renewable Energy Promotion [viewed]

unece-irena30 September 2014: The International Energy Agency (IRENA) and UN Economic Commission for Europe (UNECE) have signed a memorandum of understanding (MoU) on cooperation to increase the share of renewable energy in the global energy mix and promote access to affordable and clean energy. The MoU provides a framework for cooperation between the two organizations on projects and activities, exchange of information and enhanced public dialogue.

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IEA Africa Energy Outlook Explores Role of Energy in Regional Development [viewed]

IEA14 October 2014: The International Energy Agency (IEA) has launched a Special Report examining the energy sector in Sub-Saharan Africa. The report focuses on ways to accelerate economic and social development in the region through energy sector actions and investment, and examines future prospects of the region's energy sector, broken down by fuel, sector and sub-region, and key issues such as the role of renewable energy, in particular mini-and off-grid solutions, in providing access to electricity.

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CEOs, Finance Ministers Address Climate Change at World Bank, IMF Meetings [viewed]

WB and IMF13 October 2014: The 2014 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) tackled some of the most pressing issues and risks facing the world today, such as the Ebola epidemic, unrest in the Middle East, climate change and lack of money for critical infrastructure.

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European Commission Calculates EU Energy Costs and Subsidies [viewed]

EC13 October 2014: The European Commission has released a report that quantifies public interventions in energy markets. As the first study to provide data on energy costs and subsidies for all 28 EU member States and power generation technologies, the report seeks to enhance understanding on the functioning of energy markets and the size and effect of government interventions across the Union.

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Event: IEA World Energy Outlook 2014 Launch [viewed]

The International Energy Agency's (IEA) 'World Energy Outlook 2014' (WEO 2014) report will be launched on 12 November. The 2014 edition will comprise an analysis of medium- and longer-term energy trends, including latest data and developments of relevance for energy security, the economy and the environment. The report will cover: oil, natural gas and renewables; energy efficiency; energy-related carbon dioxide (CO2) emissions; fossil-fuel and renewable energy subsidies; and universal access to modern energy services. WEO 2014 will also provide in-depth analyses on energy sector investment, Africa and nuclear power. The WEO Special Reports 'World Energy Investment Outlook' and 'Africa Energy Outlook' were released on 3 June and 13 October 2014, respectively.  

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Climate and Development in Africa Conference Focuses on Food Security [viewed]

UNECA10 October 2014: The fourth conference on Climate Change and Development in Africa (CCDA-IV) focused on how the continent can feed itself, especially under a changing climate. The conference addressed the connections between climate and agriculture, examining how climate-smart agriculture can increase resilience, how climate change will affect the livelihoods and food security of vulnerable populations, and how climate knowledge can bolster agricultural productivity.

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