UNDP WATCH: treasury

Wednesday, July 3, 2013

Read this in full at UNDP: http://www.foxnews.com/world/2013/06/27/un-agencies-in-north-korea-carrying-in-cash-to-keep-operations-afloat/#ixzz2Y1NsIwvc

By George Russell

Published June 27, 2013

FoxNews.com

North Koreans march on Kim Il Sung Square in Pyongyang, North Korea as they hold an anti-U.S. demonstration on Tuesday, the 63rd anniversary of the outbreak of the three-year Korean War, from 1950 to 1953. (AP Photo/KIm Kwang Hyon)

United Nations agencies working in North Korea, which is under harsh Western sanctions, are facing a financial crisis of their own, leading at least some of them to carry in cash from neighboring China to keep their struggling operations afloat.

Friday, November 23, 2012

UK rules world as carbon trading leader

Click here to read this in full @ Energy Live News: http://www.energylivenews.com/2012/11/21/uk-rules-world-as-carbon-trading-leader/

The UK has confirmed its position as the global leader for traded carbon markets.

London is now the hub for 90% of EU carbon trading and 80% of global trading, generating a £90 billion market, according to DECC. This was confirmed at the UK’s first auction for Phase III of the EU Emissions Trading Scheme (EU ETS) earlier today.

Under the EU ETS, businesses are expected to pay for their greenhouse gas emissions in a bid to combat climate change. It is also the main mechanism by which the UK is meant to meet its carbon reduction targets.

The auction sold 6.5 million EU allowances (EUAs) with an Auction Clearing Price of €6.62 (£5.32), raising around £34 million for the Treasury. Each EUA represents an entitlement to emit one tonne of carbon dioxide equivalent gas.

Energy and Climate Change Minister Greg Barker said: “The UK is really leading the way in carbon auctioning and today’s sale reaffirms London’s position as a global hub for the market.

Click here to read this in full @ Energy Live News: http://www.energylivenews.com/2012/11/21/uk-rules-world-as-carbon-trading-leader/

Andrew Mitchell - says Helen Clark is up to no good!

1. UNDP’s partnership with the World Bank needs to be more effective, particularly in fragile and crisis-affected countries. 2. UNDP’s near universal mandate means its technical resources are spread very thinly. The Board does not provide strategic direction. HR management is weak. It has a weak results chain. 3. There is limited evidence of active senior management consideration of cost control. Country evidence points to mixed progress on demonstrating cost-efficiency. 4. The Executive Board is politicised and there is a lack of consensus on the key areas for reform. It is not clear that current plans for change will deliver the required depth and breadth of reform. 5. Evidence gathered at country level was highly critical of UNDP’s ability to deliver results. Its delivery can be undermined by staffing issues and bureaucratic processes. 6. Its performance in fragile states is mixed. It has reasonable training and a range of guidance and analytical tools but struggles to fill posts. 7. There is no evidence that the Climate Strategy was directly guiding resource allocation decisions

H.E. Dirk Niebel - German Development Minister

"I take the accusations made in the media concerning corruption and breach of fiduciary duty at the Global Fund very seriously and I am sure that the Fund will clarify the matter without delay. Germany is one of the biggest donors to the Global Fund. I have therefore seen to it that a special review will be held. I have frozen all further disbursements to the Fund until matters have been fully clarified, and I will ask a representative of the Fund to come to the BMZ to discuss the matter."

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Ban Ki Moon supports Ethics Decision on UNDP North Korea