Economics, Trade & Investment

CBD-Funded Research Finds Biodiversity Finance Could Reach US$160 Billion [viewed]

5 June 2012: Finance for biodiversity could be scaled up from around US$52 billion in 2010 to as high as nearly US$160 billion by 2020, if the public and private sectors work together to implement a range of financing approaches, concludes the new "Little Biodiversity Finance Book." The book has been published by the Global Canopy Programme on the basis of research funded by the Convention on Biological Diversity (CBD).

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Event: ICIMOD Mountain Knowledge Solutions for Sustainable Green Economy Through an Improved Water, Food, Energy, and Environment Nexus [viewed]

This side event to the UN Conference on Sustainable Development (UNCSD, or Rio+20) aims to contribute to the "The Future We Want" outcome document by highlighting the need to better manage mountain natural resources as global public goods supplying water for life, food for health, and clean energy for livelihoods. The event will focus on sharing research-based knowledge on such topics as conservation of freshwater resources and critical biodiversity, maintenance of gene pools, and protection of forest, wetland and rangeland ecosystems. Particular attention will be given to strategies and action proposals for enhancing people's livelihoods and well-being.  

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Event: CPF Organization Led Initiative on Forest Finance [viewed]

This organization-led initiative (OLI) in support of the UN Forum on Forests (UNFF) is organized by the Collaborative Partnership on Forests (CPF). The results of this meeting will be forwarded to UNFF 10 in 2013, in order to enable the Forum to take a meaningful decision on forest financing.  

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Event: Second Forum on EU Outermost Regions [viewed]

The EU will hold a forum to address major development issues in the EU Outermost Regions (Guadeloupe, French Guiana, Martinique, Réunion, Saint Martin, the Azores, Madeira and the Canary Islands) in light of the Europe 2020 Strategy to promote smart, sustainable and inclusive growth. Issues to be addressed include: oceans; agriculture modernization; environmental challenges; social challenges; and jobs, innovation and business competitiveness.  

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GEF, World Bank Receive Development Impact Prize [viewed]

7 June 2012: The World Bank and the Global Environment Facility (GEF) received the inaugural Development Impact Honors award from the US Department of the Treasury for their work in protecting the world's largest rainforest in Brazil.

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GEF Council Meeting Approves Largest Work Program to Date [viewed]

After the GEF Council unanimously decided to appoint Naoko Ishii (Japan) as the next GEF CEO/Chairperson, she greeted the Council and current CEO/Chairperson Monique Barbut.7 June 2012: The Global Environment Facility (GEF) Council approved a Work Program of 84 projects and two programmatic approaches amounting to US$667.26 million in GEF project grants, and appointed Naoko Ishii (Japan) as the GEF's new Chairperson and CEO.

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Rio Conventions Pavilion to Address Cross-Cutting Themes at UNCSD [viewed]

June 2012: Occurring in parallel to the UN Conference on Sustainable Development (UNCSD, or Rio+20) from 13-24 June 2012, the Rio Conventions Pavilion will focus on, inter alia, indigenous peoples and local communities (ILCs), ecosystem-based adaptation, oceans, land, and financing for sustainable development.

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Event: The Economics of Ecosystems and Biodiversity for Water and Wetlands [viewed]

This UNCSD side event is organized by the Secretariat of the Convention on Wetlands of International Importance (Ramsar Convention). The TEEB for Water and Wetlands aims to utilise the TEEB approach to generate a better understanding of the ecosystem service values of water and wetlands to encourage additional policy momentum and business commitment for their conservation, investment and wise use. Placing an economic value on ecosystem services raises awareness that water and wetland services are valuable and indispensible services that nature provides for free. This event will launch the TEEB Water and Wetlands initiative and seek input and engagement into the process.  

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Oceans Day Celebrates 30th Anniversary of UNCLOS [viewed]

8 June 2012: World Oceans Day, celebrated on 8 June 2012, featured a panel discussion to commemorate the 30th anniversary of the opening for signature of the 1982 UN Convention on the Law of the Sea (UNCLOS). The Day aims to raise global awareness of the current challenges faced by the international community in connection with oceans.

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GEF Appoints Naoko Ishii as New CEO and Chairperson [viewed]

7 June 2012: In a unanimous decision, the Global Environment Facility (GEF) Council appointed Naoko Ishii (Japan) as its new CEO and Chairperson. She succeeds Monique Barbut (France), who departs at the conclusion of her second term as Head of the GEF.

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