UN Information Center for Romania launches 2010 edition of World Investment Report prepared by UNCTAD – United Nations Conference on Trade and Development.

 Worldwide Independent Inventors Association –  Stavar Iordan President and CEO

Green Investment-theme of this year’s report.

Worldwide Independent Inventors Association participated as a guest at the press conference organized by the UN Information Center for Romania where he presented World Investment Report prepared by UNCTAD – United Nations Conference on Trade and Development.

Constantin Anton Head of Legal Department  and Stavar Iordan President and CEO of  W.I.I.A

Conference held at UN House – Conference, Spring Blvd No 48A.

According to UNCTAD report, the objective is a balanced, Member desiring growth, but security in the global financial crisis.

Governmental measures related to foreign direct investment (FDI) attempts to take into consideration lessons learned during the global financial crisis, but also to stimulate FDI inflows in order to recover from economic decline, says the World Investment Report 2010 (RMI )

New initiatives to face global challenges.

Moreover, international policy initiatives have been launched to combat global crisis had repercussions on international investments. Examples include efforts to establish international principles for responsible investment in agriculture, led by UNCTAD, the Food and Agriculture, International Fund for Agricultural Development, and World Bank Group.

The contributions by transnational companies can stimulate economic growth with low carbon.

Participation of transnational corporations (TNCs) and the strategic use of foreign investment can help states in developing and transition process to develop a low carbon economy, according to UNCTAD World Investment Report 2010.

TNCs can help reduce carbon emissions, improving the procesel by, or production operations and the value chain but also by manufacturing and selling of goods and ecological services.

Although Green is already substantial foreign investment, the potential for additional investment flows starine green is enormous, as we move towards a low carbon economy.
Areas where these investments can have a major impact on emissions reductions include industrial and electricity sectors. Transport, construction, waste management, forestry and agriculture can benefit from TNC participation, but mostly indirectly.
For example, TNCs can provide electric vehicles that reduce lead emissions in the transport sector suppliers of agricultural products or to use organic methods.
Given the potential negative effect of foreign investments green, UNCTAD suggests that efforts to attract investments to be accompanied by government measures on competition, attracting business investment to be accompanied by government measures on competition, industrial and social policies.

In the process, corporations can provide the latest technology and capital needed global efforts to combat climate change.

The report stresses that contributions already made by TNCs.

Regarding the number of green projects, over 60% of such projects from developing countries and economies in transition in 2009.

The presentation was supported by:

Cristina Balan, Interim Director, UN Information Center for Romania
Doina club, Executive Director, Foreign Investors Council
Ovid Mihaila, Director General, Romanian Trade Promotion Center and Foreign Investments
Pop Evil, Executive Director, Association Recolamp
Prof. Ph.D. Florin Bonciu Dean, Romanian-American University

Regarding the number of green projects, over 60% of such projects from developing countries and economies in transition in 2009.

Source: Worldwide Independent Inventors Association

July 23, 2010