Sustainable Development

World Bank Prices Bond Linked to CDM Project [viewed]

World_bank

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June 2008: The World Bank has priced a US$25 million bond linked to Certified

Emissions Reductions (CERs) to be generated by a Clean Development Mechanism

(CDM) project in China.

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UNGA Discusses Role of Global Private Investments in Climate Change [viewed]

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9 June 2008: The UN General Assembly

(UNGA) considered private investment's role in mitigating climate change and

how climate change, in turn, influences private investment decisions, during

this body's first follow-up to its February 2008 thematic debate on climate

change.

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UNEP'S Angela Cropper Calls for Holistic Approach to Agriculture at FAO Conference [viewed]

Angela_cropper

5 June 2008: Addressing the

High-Level Conference on World Food Security (3-5 June 2008, Rome, Italy),

UNEP's Deputy Executive Director Angela Cropper cautioned against a

reductionist model to agricultural production that reduces farming to a simple

process of intensification and ignores the wealth of agricultural biodiversity.

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UNESCO Director-General Urges Urgent Action on Climate Change [viewed]

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5 June 2008:

Speaking on the occasion of World Environment Day 2008, on 5 June 2008,

Koïchiro Matsuura, Director-General of the UN Educational, Scientific and

Cultural Organization (UNESCO), said that this year's slogan, “CO2: Kick the

Habit! Towards a Low

Carbon Economy,” reminds the international community of its duty to strive for

a carbon and climate-neutral society. He stressed that there is sufficient knowledge

on the nature, scope and impact of environmental degradation and climate change

to warrant urgent action.

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Asia Clean Energy Forum Calls for Investments to Enhance Energy Security and Address Global Warming [viewed]

Asia_clean_energy_forum

3 June 2008: Private and public

sector participants in the Asia Clean Energy Forum, which convened from 2-6

June 2008, in Manila, the Philippines, called for new investments in clean

energy, amid spiraling costs for oil and coal and the growing threat of climate

change.

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Consultation Discusses Climate Change Strategies for the African Development Bank and World Bank [viewed]

4 June 2008: The African Development Bank (AfDB) and the World

Bank jointly organized a fourth regional consultation to discuss their

respective strategies on climate change. The 4 June 2008 consultation in Dakar,

Senegal, was the last in a series aimed at brainstorming and seeking ways to

strengthen collaboration with African institutions and development partners in

order to efficiently implement the strategies. Participants identified three

main challenges – energy security and access, cushioning the adverse effects of

climate change, and climate change risk management and adaptation.

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World Bank Carbon Fund Project in Nicaragua Buying Carbon-Equivalent Emission Reductions [viewed]

Maderas_preciosas

6 June 2008: The World Bank's Carbon Fund is facilitating a

US$8.37 million project in southern Nicaragua that plans to turn 600 hectares

of privately-owned former cattle ranches into new-growth teak forests. The Nicaragua Precious Woods Project began in August 2006,

and intends to absorb nearly 300,000 tons of carbon emissions by the year 2017

while conserving approximately 350 hectares of secondary forest and mature

trees.

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UNIDO: Economic Growth and Climate Change Mitigation Two Parts of the Same Whole [viewed]

Kandehyumkella

5 June 2008: Kandeh Yumkella, Director-General of the UN

Industrial Development Organization (UNIDO), emphasized low-emissions economic

development as an element of the solution to climate change in his statement to

commemorate World Environment Day on 5 June.

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ILO Initiative to Aid Transition to Green Business [viewed]

5 June

2008: The International Labour Organization (ILO) rolled out its Green Jobs

Initiative, aimed at easing the transition to green business and jobs, on World

Environment Day. Speaking about the Initiative, Juan Somavia, ILO

Director-General, said “green

growth and avoiding dangerous climate change depend on greener enterprises and

green jobs.”

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UNFCCC Secretariat Signs MOUs on Exchange of CDM Data [viewed]

Memorandum_of_understanding22 May 2008: The UNFCCC Secretariat has signed Memoranda of Understanding (MOU) with the Institute for Global Environment Strategies (IGES), based in Japan, and UNEP Risoe, in Denmark, to ensure that the organizations receive a faster, smoother flow of information related to the Clean Development Mechanism (CDM).

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