Industrial Development

UNEP-Hosted Business Summit Manifesto Says New Climate Regime “Crucial” for Economic Recovery [viewed]

© B4E Summit23 April 2009: The UN Environment Programme (UNEP) and UN Global Compact hosted the Business for the Environment (B4E) summit, which took place from 22-23 April 2009, in Paris, France. In their closing manifesto, the over 400 delegates underscored that agreement on a new climate regime is crucial, with recovery from the current economic turmoil requiring investments in clean technologies and sustainable infrastructure systems.

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World Bank/IMF Spring Meeting Highlights Role of Low Carbon Investments in Crisis Recovery [viewed]

© IMF27 April 2009: The Joint World Bank Group (WBG) and International Monetary Fund (IMF) Development Committee met on 26 April in Washington, DC, US, and highlighted that “hard earned progress towards the Millennium Development Goals (MDGs) is now in jeopardy.”

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ILO and UNITAR Launch Course on Green Jobs [viewed]

© ILO20 April 2009: The International Training Centre (ITC) of the International Labour Organization (ILO) has launched a six week open course on Green Jobs, focusing on the socioeconomic impacts of climate change with particular attention to the world of work, in terms adaptation and mitigation, and on how to manage the transition to a low-carbon economy.

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UNEP Executive Director Discusses Global Green Economy [viewed]

© UNEP20 April 2009: Achim Steiner, Executive Director of the UN Environment Programme (UNEP), discussed the Green Economy in a speech delivered at a university in Tel Aviv, Israel. He addressed the way technological opportunities in resource efficient, low carbon and environmentally-friendly products and processes move from ideas onto commercialization, noting the power of the market as arbiter of what society wants and needs. He stressed the role of government in “shaping and focusing markets” to deliver benefits and long-term goals.

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OAS Summit: US President Proposes Energy and Climate Partnership of the Americas, Declaration of Commitment Presented [viewed]

18 April 2009: Addressing the Fifth Summit of the Americas, which took place in Port of Spain, Trinidad and Tobago, from 17-19 April 2009, US President Barack Obama proposed the creation of a new Energy and Climate Partnership of the Americas “that can forge progress to a more secure and sustainable future.” The proposed partnership would promote renewable energy and reduce greenhouse gas emissions through the promotion of energy efficiency and investments in infrastructure and renewable sources of energy.

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EBRD Funds Clean Energy Investments across Eastern Europe and the Balkans [viewed]

© EBRD31 March 2009: The European Bank for Reconstruction and Development (EBRD) is intensifying its lending for energy efficiency and clean energy projects, and has recently established two new facilities worth €110 million to finance investments by enterprises in the Western Balkans in energy efficiency and renewable energy projects.

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World Bank Holds Energy Week [viewed]

© World Bank3 April 2009: The World Bank's “Energy Week 2009,” which convened from 31 March-2 April 2009, in Washington DC, US, focused on the theme “Energy, Development, and Climate Change.” During the week, energy and development policy-makers and practitioners analyzed several issues, including energy innovations for clean transport; securing a climate sensitive energy supply; integrating wind energy development; and scaling up energy efficiency for climate change mitigation.

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IDB Board of Governors Adopts Green Growth Initiatives [viewed]

31 March 2009: The Boards of Governors of the Inter-American Development Bank (IDB) adopted a set of initiatives to promote green growth at its 50th Annual Meeting held in Medellín, Colombia, from 29-30 March 2009. Finance ministers and central bank presidents from IDB's 48 member countries discussed the current financial crisis and addressed the IDB's reform, calling for a capital increase that contemplates a strategy to make effective use of additional resources to support social safety net programmes, poverty and inequality reduction, infrastructure investment and measures related to climate change.

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IDB Approves Energy Efficiency Project in Brazil [viewed]

27 March 2009: The Inter-American Development Bank (IDB) has approved a project to provide Brazil's Usiminas steel company a loan amounting to US$200 million. The first part of the project will finance investments in a new power cogeneration plant and related equipment to produce electricity using excess heat and gases that originate from the production of the steel, allowing the Belo Horizonte-based company to cut its production costs and reduce carbon emissions.

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ITU to Hold Symposium on ICTs and Climate Change [viewed]

March 2009: The International Telecommunication Union (ITU) will hold its third Symposium on Information and Communication Technologies (ICTs) and Climate Change from 8-10 July 2009, in Quito, Ecuador.

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