Economics, Trade & Investment

ECLAC Discusses Trade's Contribution to Combating Climate Change [viewed]

1280784375ECLAC_logo15 December 2015: Experts from throughout Latin America and the Caribbean (LAC) gathered at a seminar to discuss issues relating to climate change, environmental sustainability and international trade, focusing on recent multilateral, regional and private initiatives including the Paris Climate Change Conference. Titled 'Seventh International ECLAC Environmental Footprint Seminar: Environmental Standards in International Trade,' the event was organized by the UN Economic Commission for Latin America and the Caribbean (ECLAC).

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December 2015 Climate Finance Update [viewed]

December 2015 Climate Finance Update21 December 2015: During the month of December, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the Green Climate Fund (GCF), the Adaptation Fund and the Secretariat of the UN Framework Convention on Climate Change (UNFCCC), among others, reported on new financing pledges and other climate finance news. Multilateral Development Banks (MDBs), climate funds and UN initiatives launched studies, reports and briefs on, inter alia, climate risks and resilience, and adaptation finance. A large number of climate finance-related side events were held during the UN Paris Climate Change Conference in December 2015.

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WTO Reports Progress on Environmental Goods Agreement [viewed]

World Trade Organization (WTO)14 December 2015: The World Trade Organization (WTO) has achieved "considerable progress and a high degree of convergence" toward an environmental goods agreements (EGA) to lower trade barriers on environmental goods, according to the chair of the negotiations, Andrew Robb of Australia. The EGA would contribute to achieving the Sustainable Development Goals (SDGs) and the Paris Agreement on Climate Change, Robb notes.

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UNEP FI, WRI, 2° Investing Initiative Report Focuses on Climate-friendly Investor Activities [viewed]

wri_unepfi_iiDecember 2015: The UN Environment Programme Finance Initiative (UNEP FI), the World Resources Institute (WRI), and the 2° Investing Initiative have published a report, titled 'Climate Strategies and Metrics: Exploring Options for Institutional Investors,' which provides guidance for investors who wish to help facilitate low-carbon change.

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EEA Reviews Environmental Performance of EU Transport [viewed]

EEA14 December 2015: The European Environment Agency (EEA) has published a report, titled 'Evaluating 15 Years of Transport and Environmental Policy Integration,' which analyzes the evolution of freight and passenger transport and related impacts on the environment in the EU since 2000. The report concludes that greater efforts, including technological innovation and policies targeting behavioral change, are needed to decarbonize the tranport sector and achieve EU emissions reduction targets.

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HDR 2015 Calls for Broader Concept of Work [viewed]

hdr14 December 2015: Achieving sustainable development will mean changes for the global workforce, according to the 2015 Human Development Report (HDR) report, which focuses on the theme 'Work for Human Development.' The report recommends a broad view of work that includes creative, unpaid care and voluntary work, in order to harness benefits for sustainable development.

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Event: 2016 Annual Meetings of the Inter-American Development Bank and Inter-American Investment Corporation [viewed]

The 57th Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) and the 31st Annual Meeting of the Board of Governors of the Inter-American Investment Corporation (IIC) is intended to provide a forum for discussion among the institution's Governors, including finance ministers and central bank presidents, and representatives of multilateral financial institutions, development agencies and private banks. A series of seminars will take place prior to the opening of the meeting. In addition to meetings of the Boards of Governors, the meeting will include sessions on, inter alia: the private sector as an engine of growth for Latin America and the Caribbean (LAC); strengthening financing for the private sector to promote growth; consolidating LAC's participation in global value chains; the Caribbean's energy challenge; protecting productive ecosystems, including the coasts and the ocean, through an integrated approach; a “Blue Urban Agenda”; and the Road to Habitat III. The annual meetings take place in late March or early April each year.  

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UNFCCC COP 21 Adopts Paris Agreement [viewed]

cop21_iisd12 December 2015: On 12 December 2015, in Paris, France, the 21st session of the Conference of the Parties (COP 21) to the UNFCCC adopted the Paris Agreement (FCCC/CP/2015/L.9/Rev.1), a universal, legally-binding agreement to take effect from 2020. Commenting on the new Agreement, COP 21 President Laurent Fabius, Foreign Minister, France, stated, "The Paris Agreement allows each delegation and group of countries to go back home with their heads held high. Our collective effort is worth more than the sum of our individual effort."

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COP 21 Side Events Address African Youth, SDGs, International Mountain Day on Final Day [viewed]

afric_cop2112 December 2015: Following intensive consultations and bilaterals, UNFCCC COP 21 concluded on Saturday, 12 December 2015, with the adoption of the Paris Agreement and associated decision (FCCC/CP/2015/L.9/Rev.1). On 11 December, a number of side events took place on the final official day of COP 21.

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Saint Kitts and Nevis, Venezuela Submit INDCs [viewed]

UNFCCC12 December 2015: The UNFCCC Secretariat has reported that Saint Kitts and Nevis and Venezuela have formally submitted their intended nationally determined contributions (INDCs), bringing the total number of Parties that have made their submissions to 188.

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