Economics, Trade & Investment

Our Ocean Conference Garners Over $800 Million in Ocean Conservation Commitments [viewed]

our-ocean17 June 2014: US Secretary of State John Kerry announced that the US State Department's 'Our Ocean' conference resulted in more than US$800 million in government and private sector commitments to conserve the ocean and its resources. The conference aimed to develop strategies for protecting oceans through three pillars focused on: sustainable fisheries; marine pollution from land-based and ocean-based sources; and ocean acidification, as addressed in the ‘Our Ocean Action Plan.'

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ADB Clean Energy Investments Exceed 2013 Goal [viewed]

ADBJune 2014: The Asian Development Bank (ADB) has released a report titled ‘2013 Clean Energy Investments: Project Summaries,' which highlights that ADB's total investments in clean energy in 2013 amounted to US$2.3 billion, exceeding the annual target of US$2 billion. The report shows an increased focus on the public sector, with public or sovereign loans making up 72% of the total figure.

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AfDB Approves Regional Fragility Strategy [viewed]

AfDB19 June 2014: The African Development Bank (AfDB) will implement a strategy for addressing fragility and building resilience in Africa for the period 2014-2019. The strategy takes a regional approach to fragility, focusing on fragile situations, rather than fragile States. Its conceptual approach recognizes that fragility can have spillover effects, jeopardizing the development of whole regions.

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Event: 49th Meeting of the GEF Council [viewed]

The Global Environment Facility (GEF) Council meets twice per year to approve new projects with global environmental benefits in the GEF's focal areas. The Council also provides guidance to the GEF Secretariat and Agencies.  

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UNFCCC Momentum for Change Releases 2013 Lighthouse Activities Report [viewed]

UNFCCCJune 2014: The UNFCCC Secretariat has released its 2013 report on the 'Lighthouse Activities' selected by its Momentum for Change initiative to showcase game-changing climate change actions. The 17 activities selected are making progress in three focus areas: Urban Poor; Women for Results; and Financing for Climate Friendly Investment.

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IDB Analyzes Economics of Climate Change in Trinidad and Tobago [viewed]

IDBJune 2014: The Inter-American Development Bank (IDB) has issued an economics of climate change adaptation study for Trinidad and Tobago that can be applied to the broader Caribbean region, along with the information regarding how to implement such a study.

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World Day to Combat Desertification Highlights Climate, Desertification Links [viewed]

world_day_to_combat_desertification_201417 June 2014: To commemorate the World Day to Combat Desertification (WDCD) 2014, the UN Convention to Combat Desertification (UNCCD) organized, and the World Bank hosted, in partnership with the Global Environment Facility (GEF), TerrAfrica and Connect4Climate, a day-long 'Global Observance Event' on ecosystem-based adaptation under the theme, 'Land Belongs to the Future – Let's Climate Proof it.' The event fostered high-level discussions on common solutions to the interlinked challenges of climate change and desertification.

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Central Asian Countries Partner on Regional Climate Change Strategy [viewed]

World Bank17 June 2014: Civil Society Organizations (CSOs), government officials, educators and development professionals attending the Second Central Asia Climate Knowledge Forum have proposed a Climate Adaptation and Mitigation Program for Central Asia (CAMP4CA). CAMP4CA will be a regional effort to boost cross-country climate change policy planning, pilot investments across governments and jointly implement long-term climate-related projects.

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IDB Finances Solar Power in Chile, Geothermal in Mexico [viewed]

IDB4 June 2014: The Inter-American Development Bank (IDB) recently announced support for solar power in Chile and geothermal power in Mexico.

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IDB Proposes Climate Change Risk Assessment Methodology for Caribbean Projects [viewed]

IDBApril 2014: The Inter-American Development Bank's (IDB) Environmental Safeguards Unit (ESG) has released a technical note proposing a step-wise approach to assessing climate change risks to IDB projects in the Caribbean and identifying tools and methodologies that can be used by anyone assessing climate change risks specific to the region.

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