Economics, Trade & Investment

WTO Members Launch Talks on Environmental Goods [viewed]

World Trade Organization (WTO)8 July 2014: Thirteen States and the EU, which together account for 86% of global trade in environmental goods, have announced the launch of plurilateral negotiations for an Environmental Goods Agreement under the auspices of the World Trade Organization (WTO).

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Event: The Challenges of a Living List: Making Progress on a Green Goods Agreement [viewed]

Negotiations on a green goods agreement, announced earlier this year in Davos, Switzerland by 14 World Trade Organization (WTO) Members, will aim to create an initial and “living list” of green goods to be revised as technology evolves. This half-day event organized by the Geneva offices of the Friedrich-Ebert-Stiftung (FES) and the International Institute for Sustainable Development (IISD) will bring together practitioners, experts and administrators from a variety of agreements that have faced the challenges of a “living list,” to discuss their experiences and lessons learned for consideration by the WTO. Speakers will include John Scanlon, Secretary‐General, Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), Aaron Cosbey, Associate and Senior Advisor, IISD, and Ambassador Jonathan Fried, Permanent Representative of Canada to the WTO, among others. The event takes place on the eve of the WTO Public Forum.  

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Workshop Addresses HFC Management [viewed]

UNEP OZONE13 July 2014: The Workshop on Hydrofluorocarbon (HFC) Management provided an opportunity for focused and in-depth discussions on key issues related to HFC management. Sessions addressed four topics, namely: technical aspects; legal aspects; finance and technology transfer; and policies and measures. The workshop was convened in response to discussions held at the twenty-fifth Meeting of the Parties (MOP 25) to the Montreal Protocol on Substances that Deplete the Ozone Layer (Montreal Protocol).

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OECD Launches Data Portal [viewed]

OECD_NEW3 July 2014: The Organisation for Economic Co-operation and Development (OECD) has made available, in beta, a data portal that provides access to OECD statistical data, including charts, maps, tables and publications.

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Event: Working Group Meeting of the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) [viewed]

The Working Group meeting of the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) will take place from 16-17 July 2014, in Paris, France. The CCAC is a voluntary international framework that was launched in February 2012 by six governments and the UN Environment Programme (UNEP) to address short-lived climate pollutants (SLCPs) as an urgent and collective challenge. The CCAC is a partner-led effort and aims to reduce emissions of methane, black carbon, and many hydrofluorocarbons (HFCs) in order to protect the environment and public health, promote food and energy security, and address near-term climate change. The CCAC Working Group oversees the CCAC's cooperative actions.  

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Event: Sixth BRICS Summit [viewed]

The sixth Summit of the BRICS, which comprises Brazil, Russia, India, China and South Africa, will convene in Fortaleza and Brasília, Brazil, from 15-16 July, under the theme 'Inclusive Growth, Sustainable Solutions'. The Summit will discuss the establishment of the BRICS Development Bank, aimed at financing infrastructure and sustainable development projects, and the Contingent Reserve Arrangement for assisting countries of the bloc. Discussions will also be held on social inclusion and development. The Summit is expected to result in the signing of two primary financial agreements, an action plan for common social indicators methodologies, and the Fortaleza Declaration containing views of the group on matters on the international agenda and of cooperation within the BRICS. Preceding the Summit, meetings of the BRICS finance ministers, central bank governors and ministers of trade, the BRICS Business Forum and Business Council, and the BRICS Financal Forum will be held on 14 July in Fortaleza.  

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WMO Maps Mortality and Economic Loss from Extreme Events [viewed]

WMO11 July 2014: The World Meteorological Organization (WMO) and the Centre for Research on the Epidemiology of Disasters (CRED) of the Catholic University of Louvain (UCL) in Belgium have jointly published the ‘Atlas of Mortality and Economic Losses from Weather, Climate and Water Extremes 1970-2012,' which describes the distribution and impacts of weather, climate and water-related disasters, and highlights measures to increase resilience.

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UNDP Highlights Humanitarian, Development and Climate Finance Synergies [viewed]

UNDP10 July 2014: Helen Clark, Administrator of the UN Development Programme (UNDP) and Chair of the UN Development Group (UNDG), has launched a report by the UNDP Multi-Partner Trust Fund Office (MPTF Office) focusing on the role of pooled financing mechanisms in strengthening synergies among humanitarian, development and climate finance provided to fragile and conflict-affected countries.

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World Bank Issues First Catastrophe Bond [viewed]

worldbank-ccrif8 July 2014: The World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued its first catastrophe ("cat") bond, which will benefit the 16 member States of the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The bond, which is a three-year, US$30 million transaction under IBRD's Capital-at-Risk Notes Program, is linked to tropical cyclone and earthquake risk in CCRIF countries.

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ADP Co-Chairs Reflect on June Session [viewed]

UNFCCC7 July 2014: The UNFCCC Secretariat has published a reflections note prepared by the Co-Chairs of the the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) on progress made at the fifth part of the second session of the ADP, as well as on the way forward.

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