Energy

Long-Term Mitigation May Cost 0.1% of Average Global Annual GDP Growth - OECD [viewed]

© OECD18 September 2009: A new book titled The Economics of Climate Change Mitigation: Policies and Options for Global Action Beyond 2012, launched by the Organisation of Economic Co-operation and Development (OECD), concludes that a full-fledged global carbon market would cost just one-tenth of a percent of average world annual GDP growth between 2012 and 2050 to achieve moderately ambitious climate targets. Put differently, this would mean a 4% reduction in GDP in 2050 compared to a scenario where no policy action is taken. Over the same period, world GDP growth is projected to grow by more than 250%.

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UNGA Second Committee to Address Climate Protection [viewed]

© UN17 September 2009: The Second Committee (Economic and Financial) of the UN General Assembly has decided to discuss the protection of global climate for present and future generations.

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ADB Creates Financing Facility for Energy Efficiency in Pakistan [viewed]

© ADB17 September 2009: The Asian Development Bank (ADB) is extending US$780 million to Pakistan through a financing facility for energy efficiency projects to secure the country's growing energy needs and reduce its reliance on costly, polluting fossil fuels.

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EIB Funds Energy Efficiency in Italy [viewed]

17 September 2009: The European Investment Bank (EIB) is supporting Italy, through a US$200 million framework loan to Centrobanca, to finance small and medium-scale energy efficiency projects, hydroelectric, wind, photovoltaic and biomass plants.

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Scientific Forum on Energy for Development Convenes during IAEA General Conference [viewed]

© IAEA17 September 2009: A special scientific forum on “Energy for Development” took place from 15-16 September 2009, during the International Atomic Energy Agency's (IAEA) 53rd General Conference, held from 14-18 September 2009, in Vienna, Austria.

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GEF, UNDESA and UNESCAP Collaborate in Capacity Building Initiative on Financing Sustainable Electrification [viewed]

10 September 2009: The e8 group of electric utility companies, in partnership with the Global Environment Facility (GEF), the United Nations Department of Economic and Social Affairs (UNDESA) and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) recently convened a conference on “Financing Sustainable Electrification: South and South-East Asia Dialogues,” in Bangkok, Thailand.

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UN Under-Secretary General for Economic and Social Affairs Links Climate Change and Stimulus Projects [viewed]

© UN9 September 2009: In a statement to the Green Korea 2009 Conference, UN Under-Secretary General for Economic and Social Affairs Sha Zukang encouraged developing countries to continue on a “greener” path to growth by targeting large investments toward energy efficiency, renewable energy and public transport.

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UNDP Publishes Review of National Energy Decentralization Policies [viewed]

© UNDP3 September 2009: Aiming to aid policy makers in overcoming energy poverty by integrating energy decentralization into national and sector-specific decentralization policies, the United Nations Development Programme (UNDP) has published a literature review of over 600 online documents entitled “Energy in National Decentralization Policies: A Review Focusing on Least Developed Countries and Sub-Saharan Africa.”

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World Energy Forum Convenes International Energy Conference at UN Headquarters [viewed]

1 September 2009: The World Energy Forum, in cooperation with the United Nations and the World Bank, recently concluded a two-day conference on meeting global energy needs.

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IAEA General Conference Confirms New Director General [viewed]

© IAEA14 September 2009: At the International Atomic Energy Agency's (IAEA) 53rd General Conference in Vienna, Austria, the appointment of Ambassador Yukiya Amano of Japan as the next IAEA Director General was confirmed. Mohamed ElBaradei, who currently holds the post, will complete his term on 30 November 2009. On 1 December 2009, Ambassador Amano will commence his term as the organization's fifth Director General.

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