GLOBAL RESPONSE TO FINANCIAL CRISIS: DOHA CONFERENCE
November 29, 2008 at 3:45 am | In Economics, Financial, Globalization, Middle East, Research | Leave a Comment
DOHA FORUM CRUCIAL TO CRAFTING GLOBAL
RESPONSE TO FINANCIAL CRISIS – BAN
on behalf of UNNews (UNNews@un.org)
Fri 11/28/08
UN News Centre
DOHA FORUM CRUCIAL TO CRAFTING GLOBAL RESPONSE TO FINANCIAL CRISIS – BAN
New York, Nov 28 2008
A United Nations conference set to begin tomorrow in Doha provides a vital opportunity to plan a globally coordinated response to the financial crisis to ensure the well-being of millions worldwide, especially the poor, Secretary-General Ban Ki-moon stressed today.
Such a response “can protect developing countries, underpin our drive to a green economy, and stimulate a commitment to a renewed multilateralism,” Mr. Ban told a news conference in the Qatari capital on the eve of the Review Conference on Financing for Development.
The four-day meeting will focus on ensuring sufficient financing to meet key development goals amid mounting concern about the impact of the current global economic slowdown on poor nations.
“The Doha conference is crucially important for the well-being of people everywhere,” added the Secretary-General, who held a closed discussion attended by about 30 delegations, including 10 Heads of State, government and international agencies, on the implications of the financial crisis.
“It is also very timely, falling just two weeks after the emergency G-20 summit on the financial crisis,” he said, referring to the meeting in Washington on 15 November of the leaders of the so-called Group of 20 nations, aimed at promoting dialogue between advanced and emerging countries on key issues regarding economic growth and stability of the financial system.
One of the main goals of today’s discussion, and of the conference beginning tomorrow, is “to build a bridge between the G-20 and the rest of the world – the full community of nations,” he noted.
At the same time, he said that the financial crisis is not the only crisis the world faces. “We also confront a development emergency and accelerating climate change. These threats are inextricably linked. They must be dealt with as one.”
He emphasized the need for a truly global stimulus plan that meets the needs of emerging economies and developing countries. This includes protecting the poorest, as well as not reneging on commitments regarding official development assistance (ODA), which remains a crucial part of development finance for many countries.
It also includes ensuring resources to help countries meet the Millennium Development Goals (“http://un.org/millenniumgoals/” MDGs) – the anti-poverty targets world leaders have pledged to achieve by 2015.
Also vital is to promote development that is sustainable and the fight against climate change. “Investments in green technologies will produce pay-offs in the long-term, in terms of a safer environment and more sustainable growth,” said the Secretary-General. “But the record already shows that green investment can produce jobs and spur growth in the here-and-now.”
He added that reform begins with the financial markets but it cannot stop there. “We also need fresh thinking about our food and energy systems, about financing for development and about our institutions.” This means giving a greater voice in global financial institutions to emerging economies and developing countries.
Ahead of the conference, World Bank President Robert Zoellick called on developed countries to boost aid to developing countries, which are facing a “perfect storm” of slowing world growth, higher interest rates, and a withdrawal of equity and lending from the private sector.
In a paper prepared for the conference, the World Bank says it is imperative that donors meet their previous commitments to debt relief and scaled-up aid.
Representatives of the “http://www.worldbank.org/” World Bank will join those of governments, business and civil society at the forum, which is a follow-up to the International Conference on Financing for Development that took place in 2002 in Monterrey, Mexico, and resulted in the adoption of a landmark partnership agreement for global development.
Known as the Monterrey Consensus, the agreement covered a number of topics, including domestic resource mobilization, foreign direct investment (FDI), trade, ODA, debt relief and systemic issues.
Nov 28 2008
For more details go to UN News Centre at http://www.un.org/news
DOHA FORUM CRUCIAL TO CRAFTING GLOBAL RESPONSE TO FINANCIAL CRISIS – BAN
on behalf of UNNews (UNNews@un.org)
Fri 11/28/08
DOHA FORUM CRUCIAL TO CRAFTING GLOBAL RESPONSE TO FINANCIAL CRISIS – BAN
New York, Nov 28 2008
BANK OF THAILAND UPDATE: 28 NOVEMBER 2008
November 28, 2008 at 4:35 pm | In Asia, Economics, Financial, Research | Leave a Comment
E-newsletter from BOT As of 28 Nov 2008
Fri 11/28/08
Dear Member,
Enclosed is the latest information on 28 Nov 2008
1. Monthly Press Releases on Economic and Monetary Conditions
- http://www.bot.or.th/English/EconomicConditions/Thai/Pages/Press_montlhly.aspx
Contact the manager surachil@bot.or.th;PunpilaY@bot.or.th
2. BOT Press Releases
- http://www.bot.or.th/Thai/EconomicConditions/Thai/Documents/PressEng_nov08.pdf
Contact the manager weraphot@bot.or.th;wanthipy@bot.or.th
E-newsletter from BOT As of 28 Nov 2008
Fri 11/28/08
BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 147: FINANCIAL CRISIS & REGULATORY FRAMEWORK
November 28, 2008 at 4:07 pm | In Economics, Financial, Globalization, Research | Leave a Comment
BIS Review
Bank for International Settlements
BIS Review No 147 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev147…pdf (91.9 KB)
Fri 11/28/08
Please find BIS Review No 147 attached as an Adobe Acrobat (PDF) file.
Alternatively, you can access this BIS Review on the Bank for International Settlements’ website by clicking on http://www.bis.org/review/index.htm.
What’s included?
BIS Review No 147 (28 November 2008)
Jean-Pierre Roth: Central bank communication policies and the challenges posed by the financial crisis
Henrique Meirelles: Bretton Woods II – on its way out?
Tarisa Watanagase: Global financial crisis and economic integration in Asia
José Manuel González-Páramo: The financial market crisis, uncertainty and policy responses
Heng Swee Keat: Ensuring stability – international perspectives on creating an effective regulatory framework
________________________________
please e-mail press.service@bis.org.
BIS Review
Bank for International Settlements
BIS Review No 147 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev147…pdf (91.9 KB)
Fri 11/28/08
BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 146: ISLAMIC FINANCE IN MALAYSIA AND HONG KONG
November 27, 2008 at 5:53 pm | In Economics, Financial, Globalization, Islam, Research | Leave a Comment
BIS Review
Bank for International Settlements
BIS Review No 146 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev146…pdf (115.0 KB)
Thu 11/27/08
Please find BIS Review No 146 attached as an Adobe Acrobat (PDF) file.
Alternatively, you can access this BIS Review on the Bank for International Settlements’ website by clicking on http://www.bis.org/review/index.htm.
What’s included?
BIS Review No 146 (27 November 2008)
Zeti Akhtar Aziz: Sustaining Malaysia as a platform for international Islamic finance
Njuguna Ndung’u: FIRST in development
Eddie Yue: Islamic finance – its potential to bring new economic growth to Hong Kong
V Leeladhar: Contemporary international and domestic banking developments and the emerging challenges
Lorenzo Bini Smaghi: Careful with (the D) words!
________________________________
please e-mail press.service@bis.org.
BIS Review
Bank for International Settlements
BIS Review No 146 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev146…pdf (115.0 KB)
Thu 11/27/08
“GREENHOUSE GAS LEVEL REACHED ALL-TIME HIGH IN 2007″: UN REPORT
November 27, 2008 at 3:18 pm | In Africa, Development, Earth, Globalization, Research, Science & Technology | Leave a Comment
GREENHOUSE GAS LEVEL REACHED ALL-TIME HIGH IN 2007, UN REPORTS
WMO’s 2007 “Greenhouse Gas Bulletin”
United Nations World Meteorological Organization (WMO)
GREENHOUSE GAS LEVEL REACHED ALL-TIME HIGH IN 2007, UN REPORTS
New York, Nov 25 2008
Greenhouse gases, which drive global warming, continue to increase and carbon dioxide concentrations reached their highest level ever in 2007, according to a publication released today by the United Nations World Meteorological Organization “http://www.wmo.int/pages/mediacentre/press_releases/pr_833_en.html“WMO).
The burning of fossil fuels and other human activities emit greenhouse gases, which warm the planet by trapping radiation within the atmosphere.
WMO’s 2007 “Greenhouse Gas Bulletin” found that the amount of carbon dioxide has risen 0.5 per cent from the previous year, while concentrations of nitrous oxide, another climate-warming substance, also reached record highs in 2006.
In the past quarter century, carbon dioxide levels have soared 37 per cent, with population growth and urban development propelling increased burning of fossil fuels such as oil and coal. Also contributing to the surging CO2 levels is the clearing of land for farming, which releases more of the gas into the air and slashes carbon uptake by the biosphere.
The new report said it is too early to judge whether there is an upward trend in levels of methane, another greenhouse gas, whose concentrations have been fluctuating over the past decade.
It also found that the amount of chlorofluorocarbons (CFCs), which are ozone-damaging chemicals, continue to drop, thanks to emissions reductions set under the UN’s Montreal Protocol that entered into force in 1989.
Meanwhile, a consortium including the UN Food and Agriculture Organization (“http://www.fao.org/news/story/en/item/8664/icode/” FAO) today said that Africa could be absorbing more carbon dioxide from the atmosphere than the continent is releasing into it.
CarboAfrica found that Africa contributes less than 4 per cent of the global emissions from fossil fuels, but accounts for 17 per cent and 40 per cent respectively of gas emissions emanating from deforestation and fires.
But the most important element is the balance between carbon captured through photosynthesis by Africa’s forests and savannas and gas released into the atmosphere, the research project comprised of 15 institutions said.
“Our evidence so far indicates that Africa seems a ‘carbon sink,’ meaning that it takes more carbon out of the atmosphere than it releases,” said Riccardo Valenti, coordinator of CarboAfrica. “If confirmed, this implies that Africa contributes to reducing the greenhouse effect, thus helping mitigate the consequences of climate change.”
Nov 25 2008
For more details go to UN News Centre at http://www.un.org/news
GREENHOUSE GAS LEVEL REACHED ALL-TIME HIGH IN 2007, UN REPORTS
UNNews UNNews@un.org
Tue, Nov 25, 2008
“GAZPROM AND EUROPE”: DECEMBER 1 2008 ENERGY POLICY SEMINAR HARVARD
November 27, 2008 at 2:51 pm | In Financial, Globalization, Oil & Gas, Research, Russia | Leave a Comment
Monday, Dec. 1, 4pm: Rawi Abdelal
“Gazprom and Europe: Politics and Pipelines”
Energy Policy Group
Consortium for Energy Policy Research
Louisa Lund Louisa_Lund@harvard.edu
Wed, 26 Nov 2008
Please join us this Monday for an energy policy seminar with Professor Rawi Abdelal (HBS) on “Gazprom and Europe: Politics and Pipelines”
Location: HKS, Perkins Room (4th Floor, Rubenstein Building) Harvard University
Monday, December 1, 4-5:30pm Kennedy School of Government (KSG)
Hope to see you there!
Louisa Lund
Program Director, Consortium for Energy Policy Research
79 John F. Kennedy Street
Belfer 312
Cambridge, MA 02138
(617) 495-8693
louisa_lund@harvard.edu
http://www.hks.harvard.edu/m-rcbg/cepr/index.html
Monday, Dec. 1, 4pm: Rawi Abdelal
“Gazprom and Europe: Politics and Pipelines”
Energy Policy Group
Consortium for Energy Policy Research
Louisa Lund Louisa_Lund@harvard.edu
http://www.hks.harvard.edu/m-rcbg/cepr/index.html
Wed, 26 Nov 2008
CENTRE FOR TRADE AND DEVELOPMENT NEW DELHI: TECHNOLOGY TRANSFER AND DEVELOPING COUNTRIES DECEMBER 8 2008 EVENT
November 27, 2008 at 5:23 am | In Asia, Globalization, Research, Science & Technology, Third World | Leave a Comment
Centad Side Event on Technology transfer and
developing Countries 8th Dec 2008
Centre for Trade and Development (Centad)
on behalf of Tirthankar Mandal (tirthankar.mandal@centad.org)
Climate Change Info
Wed 11/26/08
Dear Colleagues,
Greetings from Centad!
Centad is going to organise a Side Event on Technology transfer and development issues for developing countries on 8th December, 2008 between 15.30-17.30 Hrs at Grebe during the forthcoming COP14/MOP4. (Please check with the Daily programme and CCTV screens for any last minute changes)
Centad has been working in the areas of technology transfer for sometime from developing country perspective. In the abovementioned Side Event the focus will be on finding out the interlinakges between technology transfer and development issue. Also the possible alternatives and bottlenecks in transfer of technology will be discussed.
We very much look forward to welcoming you at this event.
Tirthankar Mandal
Associate Fellow
Centre for Trade and Development (Centad)
A1/304 Safdarjung Enclave
New Delhi 110 029
Tel : +91-11-41459226
FAX : +91-11-41459227
Mob : +91-9899976112
http://www.centad.org
Centad is an independent, non-profit organisation registered under the Indian Societies Act that carries out policy research and advocacy on issues around trade and development, with a South Asian perspective
- http://www.climate-l.org – A knowledgebase of International Climate Change Activities, provided by IISD in cooperation with the United Nations System Chief Executives Board for Coordination (CEB) Secretariat
- IISD for environment and sustainable development policy professionals at http://www.iisd.ca/email/subscribe.htm
Centad Side Event on Technology transfer and developing Countries
8th Dec 2008
Tirthankar Mandal
Associate Fellow
Centre for Trade and Development (Centad)
A1/304 Safdarjung Enclave
New Delhi 110 029
Tel : +91-11-41459226
FAX : +91-11-41459227
Mob : +91-9899976112
http://www.centad.org
on behalf of Tirthankar Mandal (tirthankar.mandal@centad.org)
Climate Change Info
Centre for Trade and Development (Centad) New Delhi
Wed 11/26/08
FORESTS: MODELLING AND FUTURES
November 27, 2008 at 12:22 am | In Earth, Economics, Financial, Research, Science & Technology, United Kingdom | Leave a Comment
Earthscan to publish Eliasch Review on
climate change and deforestation
on behalf of Tahira Thapar
Forest Policy Info
Wed 11/26/08
Dear All,
Earthscan is pleased to announce publication of the UK Goverment’s Eliasch Review on international deforestation and climate change. Climate Change: Financing Global Forests. It can be ordered at a special pre-publication price (see below) and copies will be displayed in the course of COP 14 in Poznan at the Stockholm Environment Institute’s stall (B 22).
Climate Change: Financing Global Forests, an independent report commissioned by the UK Prime Minister, assesses the impact of global forest loss on climate change and explores the future role of forests in the international climate change framework, with particular emphasis on the role of international finance.
It includes new modelling and analysis of the global economic impact of continued deforestation and provides a comprehensive assessment of the opportunity and capacity-building costs of addressing the problem. It shows that the benefits of halving deforestation could amount to $3.7 trillion over the long term. However, if the international community does not act, the global economic cost of climate change caused by deforestation could amount to $12 trillion.
In this detailed report, Eliasch makes a clear and forceful case for forests to be included in international carbon trading mechanisms. He calls for the international community to support forest nations to halve deforestation by 2020 and to make the global forest sector carbon neutral by 2030.
Johan Eliasch is Special Representative of the Prime Minister on Deforestation and Clean Energy. He is the first President of Global Strategy Forum, an independent think-tank, and founder of the international charity Cool Earth, a charity that protects endangered rainforests.
Click here to read the Guardian’s editorial on the Eliasch Review, and here for an opinion piece by Tony Juniper, former Executive Director of Friends of the Earth UK, and special adviser to the Prince of Wales’ Rainforest Project.
Please do not hesitate to contact me if you have any questions.
Tahira Thapar
Marketing Assistant
Earthscan
Dunstan House, 14a St Cross Street
London EC1N 8XA
Phone: 020 7841 1930
Fax: 020 7242 1474
- A knowledgebase of International Climate Change Activities, provided by IISD in cooperation with the United Nations System Chief Executives Board for Coordination (CEB) Secretariat
- IISD for environment and sustainable development policy professionals at
http://www.iisd.ca/email/subscribe.htm
Earthscan to publish Eliasch Review on climate change and deforestation
on behalf of Tahira Thapar
Tahira Thapar
Marketing Assistant
Earthscan
Dunstan House, 14a St Cross Street
London EC1N 8XA
Phone: 020 7841 1930
Fax: 020 7242 1474
Forest Policy Info
Wed 11/26/08
“It includes new modelling and analysis of the global economic impact of continued deforestation and provides a comprehensive assessment of the opportunity and capacity-building costs of addressing the problem. It shows that the benefits of halving deforestation could amount to $3.7 trillion over the long term. However, if the international community does not act, the global economic cost of climate change caused by deforestation could amount to $12 trillion.”
“In this detailed report, Eliasch makes a clear and forceful case for forests to be included in international carbon trading mechanisms. He calls for the international community to support forest nations to halve deforestation by 2020 and to make the global forest sector carbon neutral by 2030.”
BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 145: ISLAMIC FINANCE & FINANCIAL CRISIS
November 26, 2008 at 2:12 pm | In Economics, Financial, Globalization, Islam, Research | Leave a Comment
BIS Review
Bank for International Settlements
BIS Review No 145 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev145…pdf (183.9 KB)
Wed 11/26/08
Please find BIS Review No 145 attached as an Adobe Acrobat (PDF) file.
Alternatively, you can access this BIS Review on the Bank for International Settlements’ website by clicking on http://www.bis.org/review/index.htm.
What’s included?
BIS Review No 145 (26 November 2008)
Jean-Claude Trichet: 18th Frankfurt European Banking Congress
Yves Mersch: Financial stability – quo vadis?
Zeti Akhtar Aziz: Enhancing the resilience and stability of the Islamic financial system
John Gieve: Learning from financial crisis
Randall S Kroszner: Effects of the financial crisis on small business
________________________________
please e-mail press.service@bis.org.
BIS Review
Bank for International Settlements
BIS Review No 145 available
Press, Service (Press.Service@bis.org)
Publications, Service (Publications@bis.org)
bisrev145…pdf (183.9 KB)
Wed 11/26/08
“US-RUSSIAN STRATEGIC ARMS CONTROL AFTER 2009″: PIR CENTER MOSCOW
November 26, 2008 at 12:45 pm | In Military, Research, Russia, Science & Technology, USA | Leave a Comment
RIR PRESS NEWS – US-Russian Strategic Arms
Control after 2009: Room for a Compromise?
PIR Center (subscribe@pircenter.org)
PIR Center
Wed 11/26/08
Mailing Address: Business Center ‘Dobrynya’, 4th Dobryninsky pereulok, Bldg. 8 Moscow, 119049, Russia
Phone: +7-495-987-1915
Fax: +7-495-987-1914
E-mail: reception@pircenter.org
MOSCOW, 26 NOVEMBER, 2008. PIR PRESS – “Control over strategic offensive arms is again in the focus of U.S.-Russian relations. It is no secret that a long break in this dialog is primarily explained by the fact that the current U.S. administration would not like to be limited by an agreement aimed at arms reduction opting to have the freedom of unilateral moves”, – experts of the Center for Arms Control, Energy and Environmental Studies of the Moscow Institute of Physics and Technology Anatoly Diakov and Yevgeny Miasnikov.
The current issue No. 1 (Winter 2008/2009) of the Security Index journal has a focus on weapons. In the article Post-2009 SOA Control in Russia and the United States: Room for a Compromise? experts of the Center for Arms Control, Energy and Environmental Studies of the Moscow Institute of Physics and Technology Anatoly Diakov and Yevgeny Miasnikov look into approaches of Russia and the United States to strategic arms control. They further assess prospects for reduction of nuclear weapons, analyze possible options for a compromise, and propose a basic framework to replace START Treaty. They predict the extension of START as a temporary solution before the new agreement is negotiated.
|
The experts noted that “control over strategic offensive arms is again in the focus of U.S.-Russian relations. It is no secret that a long break in this dialog is primarily explained by the fact that the current U.S. administration would not like to be limited by an agreement aimed at arms reduction opting to have the freedom of unilateral moves”. Moreover, Anatoly Diakov and Yevgeny Miasnikov added that “a new U.S. administration to take office early next year, will probably take some time to review strategic goals of the former government and come up with their own”. The article Post-2009 SOA Control in Russia and the United States: Room for a Compromise? by Anatoly Diakov and Yevgeny Miasnikov is published within the framework of the new PIR Center project “Ways of Nuclear Disarmament”. Detailed information about PIR Center’s projects is available by phone: +7 (495) 987-1915, by fax: +7 (495) 987-1914 |
PIR Center
subscribe@pircenter.org
http://www.pircenter.org/russian/subscription/edit.htm
Mailing Address: Business Center ‘Dobrynya’, 4th Dobryninsky pereulok, Bldg. 8 Moscow, 119049, Russia
Phone: +7-495-987-1915
Fax: +7-495-987-1914
E-mail: reception@pircenter.org
RIR PRESS NEWS – US-Russian Strategic Arms Control after 2009:
Room for a Compromise?
PIR Center (subscribe@pircenter.org)
Wed 11/26/08
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