Economics, Trade & Investment

COP 20 President Hosts Second Twitter Dialogue [viewed]

manupulgarvidal3 October 2014: The Minister of Environment of Peru, Manuel Pulgar-Vidal, who is also the President-designate of the 20th session of the Conference of Parties (COP 20) to the UNFCCC, responded to questions on COP 20 during a 30-minute Twitter conversation. The conversation, which took place in Spanish under the hashtag #HablaCOP20, was organized on 3 October, two months ahead of the Lima Climate Conference.

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BNEF: Global Clean Energy Investments on the Rise [viewed]

bloombergnewenergyfinance2 October 2014: According to Bloomberg New Energy Finance (BNEF), over the first nine months of 2014, global investments in clean energy were 16% higher than during the same period in 2013. Total clean energy investments in this period reached US$175 billion. Investments in the third quarter of 2014 were similarly higher than in the previous year, driven in part by record-high investments in solar energy in China and Japan.

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September 2014 Sustainable Energy Finance Update [viewed]

climatefinanceoctSeptember 2014: During the month of September, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in various countries, including Albania, Burkina Faso, Jordan, Kazakhstan, Peru and Republic of Congo.

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IEA Projects 27% Share for Solar PV, Thermal by 2050 [viewed]

IEA29 September 2014: By 2050, solar energy could become the world's largest source of electricity, accounting for 27% of total world power generation, according to the International Energy Agency's (IEA) technology roadmap studies on solar photovoltaic (PV) energy and solar thermal electricity (STE). The two publications present the IEA's views on the required level of deployment in a scenario of ambitious mitigation action and low supply from other clean technologies.

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UN Climate Summit Offsets Emissions [viewed]

climate-summit-201429 September 2014: As part of a commitment to make the UN system climate neutral, the UN has measured the carbon footprint of the 2014 UN Climate Summit and will offset the greenhouse gas (GHG) emissions created by buying Certified Emission Reductions (CERs). An equivalent of 18,639 tons of carbon dioxide (CO2) will be purchased by the UN Framework Convention for Climate Change (UNFCCC) Secretariat from the Adaptation Fund, at a total offset cost of approximately US$6,000.

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Event: High-Level Thematic Debate on Means of Implementation for Post-2015 Development Agenda [viewed]

The President of the 69th UN General Assembly (UNGA), Sam Kutesa, will convene this thematic debate, which will focus on how to mobilize resources to turn aspirations for the post-2015 development agenda into realities. It is expected to discuss financing, technology development and transfer and capacity building. The debate will also consider investments in climate financing, rural development, infrastructure, protection of the global commons and social sectors. The event will take place in February 2015, per Kutesa's address to the opening of UNGA 69.  

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India, US Establish Strategic Partnership on Clean Energy and Climate Change [viewed]

india.us1 October 2014: The US and India have agreed to a series of sustainable energy and climate change joint measures under a new strategic partnership on energy security, clean energy and climate change. The announcement was made during the first bilateral summit of India's Prime Minister Narendra Modi and US President Barack Obama, which took place from 26-30 September in Washington DC, US.

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GEF to Address Biodiversity, Livelihoods, Climate Resilience in Belize [viewed]

GEF30 September 2014: The Global Environment Facility (GEF) Board of Directors has approved a five-year project to sustainably manage Belize's natural resources and promote alternative livelihoods for local communities. The project will also strengthen institutional capacity to enhance climate resilience, including increasing ecosystem resilience to climate change impacts.

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September 2014 Climate Finance Update [viewed]

adb-afdb-eib-idb-cif-worldbank-gef-ifad1 October 2014: In September 2014, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), Climate Investment Funds (CIF), the Global Environment Facility (GEF), the International Fund for Agricultural Development (IFAD) and the World Bank reported on various climate finance developments, including in the areas of green bonds, transport, forest emissions and climate resilience.

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AfDB Launches Green Growth Framework [viewed]

AfDB30 September 2014: The African Development Bank (AfDB) has released its Green Growth Framework, which will serve as a basis for its future work on green growth. The framework, titled ‘Entry points for action for transition to Green Growth in Africa,' aims to provide Bank staff with a common understanding on the principles and practice of green growth and on entry points for engaging with member countries in transitioning towards green growth.

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