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Green Climate Fund
The Green Climate Fund (GCF) is a fund established within the framework of the UNFCCC as an operating entity of the Financial Mechanism to assist developing countries in adaptation and mitigation practices to counter climate change. The GCF is based in Incheon, South Korea. It is governed by a Board of 24 members and supported by a Secretariat. The objective of the Green Climate Fund is to "support projects, programmes, policies and other activities in developing country Parties using thematic funding windows". It is intended that the Green Climate Fund be the centrepiece of efforts to raise Climate Finance under the UNFCCC. The current executive director is Yannick Glemarec. History Wealthier, industrialized countries have been the countries responsible for most greenhouse gas emissions. As a consequence, it has been argued that these countries are morally responsible to pay for a lion's share of the cost of climate mitigation worldwide, including costs of the transition o ...
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Songdo International Business District
Songdo International Business District (Songdo IBD) is a smart city or "ubiquitous city" & " Private town " built from scratch on of reclaimed land along Incheon's waterfront, southwest of Seoul, South Korea and connected to Incheon International Airport by a reinforced concrete highway bridge called Incheon Bridge. Along with Yeongjong and Cheongna, it is part of the Incheon Free Economic Zone. The Songdo International Business District will feature the Northeast Asia Trade Tower, G-tower, and the Incheon Tower. Schools, hospitals, apartments, office buildings and cultural amenities are to be built in the district. Homages of architectural hallmarks, including New York City's Central Park and Venice's waterways, will also be incorporated. This 10-year development project is estimated to cost in excess of $40 billion, making it one of the most expensive development projects ever undertaken. With 106 buildings and 22 million square ft. of LEED-certified space, the green b ...
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2009 United Nations Climate Change Conference
The 2009 United Nations Climate Change Conference, commonly known as the Copenhagen Summit, was held at the Bella Center in Copenhagen, Denmark, between 7 and 18 December. The conference included the 15th session of the Conference of the Parties (COP 15) to the United Nations Framework Convention on Climate Change (UNFCCC) and the 5th session of the Conference of the Parties serving as the meeting of the Parties (CMP 5) to the Kyoto Protocol. According to the Bali Road Map, a framework for climate change mitigation beyond 2012 was to be agreed there. On Friday 18 December, the final day of the conference, international media reported that the climate talks were "in disarray". Media also reported that in lieu of a summit collapse, only a "weak political statement" was anticipated at the conclusion of the conference. The Copenhagen Accord was drafted by the United States, China, India, Brazil and South Africa on 18 December, and judged a "meaningful agreement" by the United States ...
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Ban Ki-Moon
Ban Ki-moon (; ; born 13 June 1944) is a South Korean politician and diplomat who served as the eighth secretary-general of the United Nations between 2007 and 2016. Prior to his appointment as secretary-general, Ban was his country's Minister of Foreign Affairs and Trade between 2004 and 2006. Ban was the foreign minister of South Korea between 2004 and 2006. Ban was initially considered to be a long shot for the office of Secretary-General of the United Nations however, he began to campaign for the office in February 2006. As the foreign minister of South Korea, he was able to travel to all the countries on the United Nations Security Council, a maneuver that subsequently turned him into the campaign's front runner. On 13 October 2006, he was elected as the eighth secretary-general by the United Nations General Assembly. On 1 January 2007, he succeeded Kofi Annan. As secretary-general, he was responsible for several major reforms on peacekeeping and UN employment practice ...
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High Level Advisory Group On Climate Financing
United Nations Secretary-General Ban Ki-Moon established a High-Level Advisory Group on Climate Change Financing (AGF) on 12 February 2010 for the duration of ten months. The group's aim was to "study potential sources of revenue that will enable achievement of the level of climate change financing that was promised during the United Nations Climate Change Conference in Copenhagen in December 2009." Composition The group was co-chaired by Jens Stoltenberg, Prime Minister of Norway, Meles Zenawi, Prime Minister of the Federal Democratic Republic of Ethiopia. Guyana President Bharrat Jagdeo was the third head of state on the board, but was not a co-chair. Members included experts from developed countries, developing countries, and from international development organizations and the academic world. British Prime Minister Gordon Brown co-chaired with Zenawi from the group's formation in February 2010 to 6 June 2010, when he was replaced by Stoltenberg. The group's mandate was to devel ...
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Paris Climate Agreement Chart
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the List of cities proper by population density, 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, Fashion capital, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called Caput Mundi#Paris, the capital of the world. The City of Paris is the centre of the Île-de-France Regions of France, region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the ...
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Civil Society
Civil society can be understood as the "third sector" of society, distinct from government and business, and including the family and the private sphere.''What is Civil Society''
civilsoc.org
By other authors, ''civil society'' is used in the sense of 1) the aggregate of non-governmental organizations and institutions that advance the interests and will of citizens or 2) individuals and organizations in a society which are independent of the government. Sometimes the term ''civil society'' is used in the more general sense of "the elements such as freedom of speech, an independent judiciary, etc, that make up a democratic society" ('''' ...
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Development Finance Institution
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks i ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Overseas Development Institute
ODI (formerly the 'Overseas Development Institute') is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the planet." It does this through "research, convening and influencing, to lead new thinking and future agendas to deliver transformational change." Its Chair is Suma Chakrabarti. History In 1960 ODI began in small premises in Regent's Park, central London and operated a library devoted to international development issues as well as performing consultancy work and contracts with the Department for International Development (then known as the Overseas Development Agency) of the UK government. Since then it has moved several times and is on Blackfriars Road. Since 2004 it has had a Partnership Programme Arrangement with the Foreign, Commonwealth and Development Office. The institute also developed a strong focus on communications and 'bridging ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Durban, South Africa
Durban ( ) ( zu, eThekwini, from meaning 'the port' also called zu, eZibubulungwini for the mountain range that terminates in the area), nicknamed ''Durbs'',Ishani ChettyCity nicknames in SA and across the worldArticle on ''news24.com'' from 25 October 2017. Retrieved 2021-03-05.The names and the naming of Durban
Website ''natalia.org.za'' (pdf). Retrieved 2021-03-05.
is the third most populous city in after and