Funding mechanisms to be thrashed out at COP-8
New Delhi: Three funding mechanisms the Global Environment Trust Fund, Special Climate Change Fund, LDC Fund under the UN Framework Convention on Climate Change (UNFCC) and the Adaptation Fund under the Kyoto Protocol are to be discussed at the forthcoming Eighth session of the UNFCC Conference of Parties (COP 8) in Delhi between October 23 and November 1.
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'IFC to assume countercycle role for pvt sector'
Washington: With private flows of foreign capital shrinking, International Finance Corporation (IFC) envisages a counter-cycle role for itself to help private enterprises in developing countries, a senior official said.
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M&A in Asia plunges 33% in Sept
Hong Kong: Mergers & acquisitions in Asia outside Japan fell 33 per cent in the September quarter compared to a year ago, financial research firm Thomson Financial said on Tuesday.
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US port strikes cause Asian shipment delays
Asian shipping lines said on Tuesday the port lockout in the western United States was causing some delays and a prolonged stalemate could hit exports in the critical pre-holiday season, driving up costs. 
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