Economics, Trade & Investment

Adaptation Fund Finances Projects in Cuba, Seychelles and Uzbekistan [viewed]

Adaptation Fund26 February 2014: Following contributions from Germany, Switzerland, Norway and the Brussels Region, the Adaptation Fund has approved financing for US$17 million worth of projects in Cuba, Seychelles and Uzbekistan, all of which will be implemented by the UN Development Programme (UNDP).

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CIF Calls for Private Sector SREP, PPCR Project Concept Proposals [viewed]

CIF20 February 2014: The Climate Investment Funds (CIF) has issued an open call for innovative private sector project concept proposals for the Scaling-up Renewable Energy in Low Income Countries Program (SREP) and the Pilot Program for Climate Resilience (PPCR). This is the second open call for project concepts; the first, in 2013, resulted in 15 project concepts, totaling over US$135 million.

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IDB Highlights Competitiveness of Renewables in Latin America [viewed]

IDBJanuary 2014: A technical note by the Inter-American Development Bank (IDB) finds that non-traditional renewable energy technologies (NRETs) are sufficiently abundant and economically competitive to meet the growing demands for energy in Latin America and the Caribbean. 

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African Ministers Agree Wealth Accounting, Valuation Critical for Growth [viewed]

UNEP24 February 2013: Participants at the African High-level Conference of Green Economy recognized the role of wealth accounting and the valuation of ecosystem services as critical to Africa's future growth. Ministers also discussed the role of new energy sources, job creation and wealth generation in driving Africa's future investment and innovation.

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UNU Argues for a Holistic Approach to Vulnerability Measurement [viewed]

UNU-EHS20 February 2013: Assessing a community's adaptive capacities, coping strategies and vulnerability cannot be done by focusing on economic or past losses, according to the second edition of a book by the UN University Institute for Environment and Human Security (UNU-EHS), titled 'Measuring Vulnerability to Natural Hazards: Towards Disaster Resilient Societies.' 

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UN Launches International Year of SIDS [viewed]

iy24 February 2014: At the global launch of the International Year of Small Island Developing States (SIDS), to be celebrated throughout 2014, Ronald Jumeau, Ambassador of Climate Change and SIDS, Seychelles, who served as Master of Ceremonies, noted that the occasion marks the first time the UN has dedicated an International Year to a particular category of countries.

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US-China Issue Joint Statement on Climate Change [viewed]

china_us_flag15 February 2014: US Secretary of State John Kerry has traveled to Beijing, China, where he met government officials to, inter alia, highlight the importance of US-China collaboration on climate change and clean energy. At the conclusion of his meetings, the two sides issued a joint statement on climate change.

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Event: Sixth Meeting of the UNFCCC Standing Committee on Finance [viewed]

At its sixth meeting, the Standing Committee on Finance (SCF) is scheduled to consider, inter alia: biennial assessment and overview of climate finance flows; fifth review of the financial mechanism; second forum of the Standing Committee on Finance; draft guidance to the operating entities of the financial mechanism; MRV of finance beyond the biennial assessment and overview of climate finance flows; and linkages with the Subsidiary Body for Implementation (SBI) and the thematic bodies of the Convention.  

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GCF Makes Progress Towards Initial Resource Mobilization [viewed]

Green Climate Fund (GCF)22 February 2014: At its 6th meeting, the Board of the Green Climate Fund (GCF) adopted a number of key decisions that will shape the GCF's work streams and activities as it moves forward in its operations.

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OWG Co-Chairs Compile 19 'Focus Areas' [viewed]

owg21 February 2014: The Co-Chairs of the UN General Assembly (UNGA) Open Working Group (OWG) on Sustainable Development Goals (SDGs) have assembled a list of 19 'Focus Areas' for consideration by Member States as they seek to identify SDGs and accompanying targets. In a letter accompanying the Focus Areas, released on 21 February 2014, Macharia Kamau (Kenya) and Csaba Kőrösi (Hungary) write that further action in these areas is necessary to build "prosperous, peaceful and resilient societies that also protect the planet."

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